Common use of Offer to Prepay Notes Clause in Contracts

Offer to Prepay Notes. The offer to prepay Notes contemplated by subparagraphs (a) or (b) of this Section 8.7 shall be an offer to prepay, in accordance with and subject to this Section 8.7, all, but not less than all, the Notes held by each holder of Notes (the terms “holder” and “holder of Notes”, for purposes of this Section 8.7, shall refer to the beneficial owner in respect of any Note registered in the name of a nominee for a disclosed beneficial owner) on a date specified in such offer (the “Change in Control Prepayment Date”). If such Change in Control Prepayment Date is in connection with an offer contemplated by subparagraph (a) of this Section 8.7, such date shall be not less than 20 days and not more than 45 days after the date of such offer (if the Change in Control Prepayment Date shall not be specified in such offer, the Change in Control Prepayment Date shall be the first Business Day after the 20th day after the date of such offer).

Appears in 6 contracts

Samples: Note Purchase Agreement (Getty Realty Corp /Md/), Note Purchase Agreement (Getty Realty Corp /Md/), Note Purchase Agreement (Getty Realty Corp /Md/)

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Offer to Prepay Notes. The offer to prepay Notes contemplated by subparagraphs (a8.8(a) or (b) of this Section 8.7 shall be an offer to prepay, in accordance with and subject to this Section 8.78.8, all, but not less than all, the Notes held by each holder of Notes (the terms in this case only, “holder” and “holder of Notes”, for purposes of this Section 8.7, shall refer to the beneficial owner in respect of any Note registered in the name of a nominee for a disclosed beneficial owner shall mean such beneficial owner) on a date specified in such offer (the “Change in Control Proposed Prepayment Date”). If such Change in Control Prepayment Date is in connection with an offer contemplated by subparagraph (a) of this Section 8.7, such which date shall be not less than 20 days 30 Business Days and not more than 45 days 120 Business Days after the date of such offer (if the Change in Control Proposed Prepayment Date shall not be specified in such offer, the Change in Control Proposed Prepayment Date shall be the first Business Day after the 20th day 45th Business Day after the date of such offer).

Appears in 5 contracts

Samples: Note Purchase Agreement (Obsidian Energy Ltd.), Note Purchase Agreement (Obsidian Energy Ltd.), Note Purchase Agreement (Obsidian Energy Ltd.)

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Offer to Prepay Notes. The offer to prepay Notes contemplated by subparagraphs subparagraph (a) or (b) of this Section 8.7 8.8 shall be an offer to prepay, in accordance with and subject to this Section 8.78.8, all, but not less than all, the Notes held by each holder of Notes (the terms in this case only, “holder” and “holder of Notes”, for purposes of this Section 8.7, shall refer to the beneficial owner in respect of any Note registered in the name of a nominee for a disclosed beneficial owner shall mean such beneficial owner) on a date specified in such offer (the “Change in Control Proposed Prepayment Date”). If such Change in Control Prepayment Date is in connection with an offer contemplated by subparagraph (a) of this Section 8.7, such which date shall be not less than 20 days 30 Business Days and not more than 45 days 120 Business Days after the date of such offer (if the Change in Control Proposed Prepayment Date shall not be specified in such offer, the Change in Control Proposed Prepayment Date shall be the first Business Day after the 20th day 45th Business Day after the date of such offer).

Appears in 2 contracts

Samples: Subordination Agreement (PENGROWTH ENERGY Corp), Purchase Agreement (Pengrowth Energy Trust)

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