Common use of Mandatory Redemption Upon Change of Control Clause in Contracts

Mandatory Redemption Upon Change of Control. If the Issuer becomes aware of the occurrence of a Change of Control, the Issuer shall within five (5) London Business Days of so becoming aware call for redemption, upon not less than 30 but not more than 60 days' notice and shall redeem, on the date specified in such notice, all Outstanding Senior Notes in cash at the Optional Redemption Price.

Mandatory Redemption Upon Change of Control. If the Issuer becomes aware of the occurrence of a Change of Control, the Issuer shall within five (5) London Business Days of so becoming aware call for redemption, upon not less than 30 but not more than 60 days' notice and shall redeem, on the date specified in such notice, all Outstanding Senior Junior Notes in cash at the Optional Redemption Price.