Common use of Effect of Fundamental Change Purchase Notice Clause in Contracts

Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the Fundamental Change Purchase Notice specified in Section 3.01 hereof, the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 hereof) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such Note. Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on the later of (x) the Fundamental Change Purchase Date with respect to such Note (provided the conditions in Section 3.01 hereof have been satisfied) and (y) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof.

Appears in 4 contracts

Samples: Indenture (Proofpoint Inc), Supplemental Indenture (Zion Oil & Gas Inc), Indenture (Proofpoint Inc)

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Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the Fundamental Change Purchase Notice specified in Section 3.01 hereof3.01(c), the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 hereof3.01(d)) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such Note. Such The Paying Agent shall pay the Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying AgentCompany, on promptly following the later of (xi) the Fundamental Change Purchase Date with respect to such Note (provided provided, the conditions in Section 3.01 hereof 3.01(c) have been satisfied) and (yii) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof3.01(c).

Appears in 3 contracts

Samples: Indenture (Owens-Illinois Group Inc), Indenture (Owens Illinois Inc /De/), Indenture (Owens-Illinois Group Inc)

Effect of Fundamental Change Purchase Notice. Upon receipt by the Trustee or Paying Agent of the Fundamental Change Purchase Notice specified in Section 3.01 hereof, the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 hereof) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such Note. Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on the later of (x) the Fundamental Change Purchase Date with respect to such Note (provided the conditions in Section 3.01 hereof have been satisfied) and (y) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof.

Appears in 3 contracts

Samples: Supplemental Indenture (Johnson Controls Inc), Indenture (Wyndham Worldwide Corp), Supplemental Indenture (Tyson Foods Inc)

Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the a Fundamental Change Purchase Notice specified in Section 3.01 hereof3.03, the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 hereof3.05) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such Note. Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on the later of (x) the applicable Fundamental Change Purchase Date with respect to such Note (provided the conditions in Section 3.01 hereof this Article 3 have been satisfied, and subject to extensions to comply with applicable law) and (y) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof3.01.

Appears in 2 contracts

Samples: Indenture (Herbalife Nutrition Ltd.), Indenture (Herbalife Ltd.)

Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the a Fundamental Change Purchase Notice specified in Section 3.01 hereof3.03, the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 hereof3.05) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such Note (and any previously accrued and unpaid interest on such Note). Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on the later of (x) the applicable Fundamental Change Purchase Date with respect to such Note (provided the conditions in Section 3.01 hereof this Article 3 have been satisfied) and (y) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof3.01.

Appears in 1 contract

Samples: Amicus Therapeutics Inc

Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the Fundamental Change Purchase Notice specified in Section 3.01 hereof5.01(a), the Holder of the Note Security in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn as specified in accordance with Section 3.03 hereofthe following two paragraphs) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such NoteSecurity. Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on promptly following the later of (x) the Fundamental Change Purchase Date with respect to such Note Security (provided the conditions in Section 3.01 hereof 5.01(a) have been satisfied) and (y) the time of delivery or book-entry transfer or the delivery of such Note Security to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof5.01(b).

Appears in 1 contract

Samples: Indenture (Caci International Inc /De/)

Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the a Fundamental Change Purchase Notice specified in Section 3.01 hereof3.03, the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 hereof3.05) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such Note (and any previously accrued and unpaid interest on such Note). Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, promptly on the later of (x) the applicable Fundamental Change Purchase Date with respect to such Note (provided the conditions in Section 3.01 hereof this Article 3 have been satisfied) and (y) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof3.01.

Appears in 1 contract

Samples: Trinity Biotech PLC

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Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the Fundamental Change Purchase Notice specified in Section 3.01 4.01 hereof, the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 4.03 hereof) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such Note. Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on the later of (x) the Fundamental Change Purchase Date with respect to such Note (provided the conditions in Section 3.01 4.01 hereof have been satisfied) and (y) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 4.01 hereof.

Appears in 1 contract

Samples: Rave Restaurant Group, Inc.

Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the Fundamental Change Purchase Notice specified in Section 3.01 hereof3.01, the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 hereof3.03) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such Note. Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on promptly following the later of (x) the Fundamental Change Purchase Date with respect to such Note (provided the conditions in Section 3.01 hereof have been satisfied) and (y) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof3.01.

Appears in 1 contract

Samples: Indenture (Penn Virginia Corp)

Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the Fundamental Change Purchase Notice specified in Section 3.01 11.02 hereof, the Holder of the Note Security in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 11.04 hereof) thereafter be entitled to receive solely the Fundamental Change Purchase Price in cash with respect to such NoteSecurity. Such Fundamental Change Purchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on the later of (x) the Fundamental Change Purchase Date with respect to such Note Security (provided provided, the conditions in Section 3.01 11.02 hereof have been satisfied) and (y) the time of delivery or book-entry transfer of such Note Security to the Paying Agent by the Holder thereof in the manner required by Section 3.01 11.02 hereof.

Appears in 1 contract

Samples: Indenture (United Rentals Inc /De)

Effect of Fundamental Change Purchase Notice. Upon receipt by the Paying Agent of the Fundamental Change Purchase Repurchase Notice specified in Section 3.01 hereof3.02(c), the Holder of the Note in respect of which such Fundamental Change Purchase Notice was given shall (unless such Fundamental Change Purchase Notice is withdrawn in accordance with Section 3.03 hereof3.02(d)) thereafter be entitled to receive solely the Fundamental Change Purchase Repurchase Price in cash with respect to such Note. Such Fundamental Change Purchase Repurchase Price shall be paid to such Holder, subject to receipt of funds by the Paying Agent, on the later of (x) the Fundamental Change Purchase Repurchase Date with respect to such Note (provided provided, the conditions in Section 3.01 hereof 3.02(c) have been satisfied) and (y) the time of delivery or book-entry transfer of such Note to the Paying Agent by the Holder thereof in the manner required by Section 3.01 hereof3.02(c).

Appears in 1 contract

Samples: Indenture (TRW Automotive Holdings Corp)

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