Mandatory Repurchase Obligation. If there is a Change of Control Triggering Event of the Company, any Holder of Notes will have the right to cause the Company to repurchase all or any part of the Notes of such Holder at a repurchase price equal to 101% of the principal amount of the Notes to be repurchased plus accrued and unpaid interest to the date of repurchase (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on the related Interest Payment Date) as provided in, and subject to the terms of, the Indenture.
Appears in 7 contracts
Samples: Twenty Eighth Supplemental Indenture (CalAtlantic Group, Inc.), Twenty Seventh Supplemental Indenture (CalAtlantic Group, Inc.), Twenty First Supplemental Indenture (Standard Pacific Corp /De/)
