Net Proceeds Offer. In the event of Asset Sales, under certain circumstances, the Company will be obligated to make a Net Proceeds Offer to purchase all or a specified portion of each Holder's Securities at a purchase price equal to 100% of the principal amount of the Securities, together with accrued and unpaid interest to the Net Proceeds Payment Date.
Appears in 4 contracts
Samples: Indenture (Gothic Energy Corp), Indenture (National Energy Group Inc), Indenture (Gothic Energy Corp)
Net Proceeds Offer. In the event of certain Asset Sales, under certain circumstancesDispositions, the Company will may be obligated required to make a Net Proceeds Offer to purchase all or a specified any portion of each Holder's Securities Securities, at a purchase price equal to 100% of the principal amount of the Securities, together with Securities plus accrued and unpaid interest to the Net Proceeds Payment Date.
Appears in 3 contracts
Samples: Indenture (Plains Resources Inc), Indenture (Plains Resources Inc), Indenture (Forman Petroleum Corp)
Net Proceeds Offer. In the event of Asset Sales, under certain circumstances, the Company will be obligated to make a Net Proceeds Offer to purchase all or a specified portion of each Holder's Securities at a purchase price equal to 100% of the principal amount of (or if such date of purchase is prior to May 1, 2002, the Accreted Value of) the Securities, together with accrued and unpaid interest to the Net Proceeds Payment Date.
Appears in 1 contract
Samples: Indenture (Gothic Energy Corp)
Net Proceeds Offer. In the event of certain Asset Sales, under certain circumstancesSales (and Sale/Leaseback Transactions), the Company will may be obligated required to make a Net Proceeds Offer to purchase all or a specified any portion of each Holder's Securities Securities, at a purchase price equal to 100% of the principal amount of the Securitiesthereof, together with plus accrued and unpaid interest to the Net Proceeds Payment Date.
Appears in 1 contract
Samples: Indenture (Chesapeake Energy Corp)
Net Proceeds Offer. In the event of certain Asset Sales, under certain circumstances, the Company will may be obligated required to make a Net Proceeds Offer to purchase pro rata or by lot all or a specified any portion of each Holder's Securities Securities, at a purchase price equal to 100% of the principal amount of the Securities, together with Securities plus accrued and unpaid interest to the Net Proceeds Payment Date.
Appears in 1 contract
Samples: Indenture (Giant Industries Inc)
