Common use of Fundamental Change Repurchase Price Clause in Contracts

Fundamental Change Repurchase Price. The Fundamental Change Repurchase Price for this Note (or any portion of this Note) to be repurchased upon a Repurchase Upon Fundamental Change following a Fundamental Change is an amount in cash equal to the Fundamental Change Base Repurchase Price for such Fundamental Change plus any accrued and unpaid Default Interest on this Note to, but excluding, the Fundamental Change Repurchase Date for such Fundamental Change. If such Fundamental Change Repurchase Date is on an Amortization Date, then the Amortization Payment otherwise payable on such Amortization Date will be paid as part of the Fundamental Change Repurchase Price, in satisfaction of the Company’s obligation to pay such principal on such Amortization Date.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tellurian Inc. /De/), Indenture (Tellurian Inc. /De/)

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Fundamental Change Repurchase Price. The Fundamental Change Repurchase Price for this Note (or any portion of this Note) to be repurchased upon a Repurchase Upon Fundamental Change following a Fundamental Change is an amount in cash equal to the Fundamental Change Base Repurchase Price for such Fundamental Change plus any accrued and unpaid Default Interest interest on this Note (or such portion of this Note) to, but excluding, the Fundamental Change Repurchase Date for such Fundamental Change. If For the avoidance of doubt, if such Fundamental Change Repurchase Date is on an Amortization Interest Payment Date, then the Amortization Payment interest otherwise payable on this Note (or such Amortization portion of this Note) on such Interest Payment Date will be paid as part of the Fundamental Change Repurchase Price, in satisfaction of the Company’s obligation to pay such principal interest on such Amortization Interest Payment Date.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Workhorse Group Inc.), Securities Exchange Agreement (Amyris, Inc.)

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