Notices; Method of Exercising Repurchase Right, Etc. (a) Unless the Company shall have theretofore called for redemption all of the Outstanding Notes, on or before the date that is 30 Business Days after the occurrence of a Repurchase Event, the Company shall give notice to all Holders of Outstanding Notes and to the Trustee (the "Company Notice") of the occurrence of the Repurchase Event and of the repurchase right set forth herein arising as a result thereof. Each Company Notice shall state: (i) the date of such Change in Control and, briefly, the events causing such Change in Control; (ii) the date by which the Change in Control Purchase Notice (as defined below) must be delivered; (iii) the Repurchase Date; (iv) the Repurchase Price; (v) a description of the procedure that a Holder must follow to exercise a repurchase right; (vi) the procedures for withdrawing a Change in Control Purchase Notice; (vii) the place or places where such Notes are to be surrendered for payment of the Repurchase Price or for conversion; (viii) briefly, the conversion rights of Holders of Notes;
Appears in 2 contracts
Samples: Indenture (Transwitch Corp /De), Indenture (Transwitch Corp /De)
Notices; Method of Exercising Repurchase Right, Etc. (a) Unless the Company shall have theretofore called for redemption all of the Outstanding Notesoutstanding Notes and deposited or set aside an amount of money sufficient to redeem such Notes on the redemption date as set forth in Section 3.2, on or before the date that is 30 fifth (5th) Business Days after Day following the occurrence of a Repurchase Event, the Company or, at the written request of the Company, the Trustee, shall give notice mail to all Holders holders of Outstanding record of the Notes and to the Trustee a notice (the "Company Notice") in the form as prepared by the Company of the occurrence of the Repurchase Event and of the repurchase right set forth herein arising as a result thereof. Each The Company shall issue a press release with respect to such Repurchase Event, and shall use commercially reasonable efforts to have such press release available on Bloomberg Business News. The Company shall also deliver a copy of such notice of a repurchase right to the Trustee and cause a copy of such notice of a repurchase right, or a summary of the information contained therein, to be published once in a newspaper of general circulation in The City of New York. The Company Notice shall statecontain the following information:
(i1) the date of such Change in Control and, briefly, the events causing such Change in Controlrepurchase date;
(ii2) the CUSIP number(s) of the Note(s) subject to the repurchase right;
(3) the date by which the Change in Control Purchase Notice (as defined below) repurchase right must be deliveredexercised;
(iii4) the Repurchase Datelast date by which the election to require repurchase, if submitted, must be revoked;
(iv) the Repurchase Price;
(v) a description of the procedure that a Holder must follow to exercise a repurchase right;
(vi) the procedures for withdrawing a Change in Control Purchase Notice;
(vii) the place or places where such Notes are to be surrendered for payment of the Repurchase Price or for conversion; (viii) briefly, the conversion rights of Holders of Notes;
Appears in 2 contracts
Samples: Indenture (Electroglas Inc), Indenture (Electroglas Inc)
Notices; Method of Exercising Repurchase Right, Etc. (a) Unless the Company shall have theretofore called for redemption all of the Outstanding outstanding Series 8-3/4% Notes, on or before the date that is 30 Business Days 15th day after the occurrence of a Repurchase EventChange in Control, the Company or, at the written request of the Company, on or before the tenth (10th) day after receipt of such request, the Trustee, at the Company's expense, shall give notice to all Holders of Outstanding Series 8-3/4% Notes and to the Trustee (the "Company Notice") of the occurrence of the Repurchase Event Change in Control and of the repurchase right set forth herein arising as a result thereof. If the Company gives such notice of a repurchase right, the Company shall also deliver a copy of such notice of a repurchase right to the Trustee. Each Company Notice shall state:
(i1) the date of such Change in Control and, briefly, the events causing such Change in Control;
(ii2) the date by which the Change in Control Purchase Notice (as defined below) must be delivered;
(iii3) the Repurchase Date;
(iv) the Repurchase Price;
(v) a description of the procedure that a Holder must follow to exercise a repurchase right;
(vi) the procedures for withdrawing a Change in Control Purchase Notice;
(vii) the place or places where such Notes are to be surrendered for payment of the Repurchase Price or for conversion; (viii) briefly, the conversion rights of Holders of Notes;
Appears in 1 contract
Notices; Method of Exercising Repurchase Right, Etc. (a) Unless the Company shall have theretofore called for redemption all of the Outstanding Notes, on or before the date that is 30 Business Days after the occurrence of a Repurchase Event, the Company shall give notice to all Holders of Outstanding Notes and to the Trustee (the "βCompany Notice"β) of the occurrence of the Repurchase Event and of the repurchase right set forth herein arising as a result thereof. Each Company Notice shall state:
(i) the date of such Change in Control and, briefly, the events causing such Change in Control;
(ii) the date by which the Change in Control Purchase Notice (as defined below) must be delivered;
(iii) the Repurchase Date;
(iv) the Repurchase Price;
(v) a description of the procedure that a Holder must follow to exercise a repurchase right;
(vi) the procedures for withdrawing a Change in Control Purchase Notice;
(vii) the place or places where such Notes are to be surrendered for payment of the Repurchase Price or for conversion; (viii) briefly, the conversion rights of Holders of Notes;
Appears in 1 contract
Samples: Indenture (Transwitch Corp /De)