Exit. Upon the occurrence of: (a) a Change of Control; or (b) the sale of all or substantially all of the assets of the Group whether in a single transaction or a series of related transactions, the Facilities will be cancelled and all outstanding Loans and Ancillary Outstandings, together with accrued interest, and all other amounts accrued under the Finance Documents, shall become immediately due and payable.
Appears in 4 contracts
Samples: Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC)
Exit. Upon the occurrence of:
(a) a Change of Control; or
(b) the sale of all or substantially all of the assets of the Group whether in a single transaction or a series of related transactions, the Facilities will be immediately cancelled and shall immediately cease to be available for further utilisation and all outstanding Loans Utilisations and Ancillary Outstandings, together with accrued interest, interest and all other amounts accrued under the Finance Documents, shall become immediately due and payable.
Appears in 2 contracts
Exit. Upon the occurrence of:
(a) a Change of Control;
(b) a Listing (other than a Qualifying Listing); or
(bc) the sale of all or substantially all of the assets of the Group whether in a single transaction or a series of related transactions, the Facilities will be cancelled and all outstanding Loans and Ancillary OutstandingsLoans, together with accrued interest, and all other amounts accrued under the Finance Documents, shall become immediately due and payable.
Appears in 1 contract
Exit. Upon the occurrence of:
(a) of a Change of Control; or
(b) Control or the sale of all or substantially all of the assets of the Group whether in a single transaction or a series of related transactionstransactions to a person who is not a Group Company, the Facilities will be cancelled and all outstanding Loans and Ancillary OutstandingsUtilisations, together with accrued interest, and all other amounts accrued under the Finance Documents, shall become immediately due and payable.
Appears in 1 contract
Samples: Term and Revolving Facilities Agreement (ShangPharma Corp)
Exit. Upon the occurrence of:of:-
(a) 10.2.1 a Change of Control; or
(b) 10.2.2 the sale of all or substantially all of the assets of the Group whether in a single transaction or a series of related transactions, the Facilities Facility will be cancelled and all outstanding Loans and Ancillary Outstandings, together with accrued interest, and all other amounts accrued under the Finance Documents, shall become immediately due and payable.
Appears in 1 contract
Samples: Amendment and Restatement Agreement (Claires Stores Inc)
Exit. (a) Upon the occurrence of:
(ai) a Change of Control; or
(bii) the sale of all or substantially all of the assets of the Group whether in a single transaction or a series of related transactions, the Facilities will be cancelled and all outstanding Loans and Ancillary OutstandingsUtilisations, together with accrued interest, and all other amounts accrued under the Finance Documents, shall become immediately due and payable.
Appears in 1 contract
Samples: Facilities Agreement (Velti PLC)
Exit. Upon the occurrence of:
(a) a Change of Control; or
(b) the sale of all or substantially all of the assets of the Group whether in a single transaction or a series of related transactions, the Facilities Facility will be cancelled and all outstanding Loans and Ancillary Outstandings, together with accrued interest, and all other amounts accrued under the Finance Documents, shall become immediately due and payable.
Appears in 1 contract
