Common use of Offer to Repurchase Upon a Change of Control Clause in Contracts

Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the First Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco First Lien Notes Documentation Principles) at a price in cash equal to 101.0% of the outstanding principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 6 contracts

Samples: Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp), Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp), Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp)

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Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the First Second Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco First Second Lien Notes Documentation Principles) at a price in cash equal to 101.0% of the outstanding principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 6 contracts

Samples: Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp), Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp), Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp)

Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the First Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco Opco First Lien Notes Documentation Principles) at a price in cash equal to 101.0% of the outstanding principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 5 contracts

Samples: Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp), Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp), Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp)

Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the First Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco First Lien Notes Documentation PrinciplesPrecedent) at a price in cash equal to 101.0% of the outstanding principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 4 contracts

Samples: Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp), Restructuring Support and Forbearance Agreement (Caesars Entertainment Operating Company, Inc.), Restructuring Support and Forbearance Agreement (Caesars Entertainment Operating Company, Inc.)

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Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the First Second Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco First Lien Notes Documentation PrinciplesPrecedent) at a price in cash equal to 101.0% of the outstanding principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 2 contracts

Samples: Restructuring Support and Forbearance Agreement (Caesars Entertainment Operating Company, Inc.), Restructuring Support and Forbearance Agreement (CAESARS ENTERTAINMENT Corp)

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