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 Second Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco 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: Call Right Agreement (CAESARS ENTERTAINMENT Corp), Agreement (CAESARS ENTERTAINMENT Corp), Agreement (CAESARS ENTERTAINMENT Corp)

AutoNDA by SimpleDocs

Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the Second First Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco Second 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: Call Right Agreement (CAESARS ENTERTAINMENT Corp), Agreement (CAESARS ENTERTAINMENT Corp), Agreement (CAESARS ENTERTAINMENT Corp)

Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the Second First Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco Second 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: Call Right Agreement (CAESARS ENTERTAINMENT Corp), Agreement (CAESARS ENTERTAINMENT Corp), Agreement (CAESARS ENTERTAINMENT Corp)

Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the Second First Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco Second 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: Agreement (CAESARS ENTERTAINMENT Corp), Agreement (Caesars Entertainment Operating Company, Inc.), Agreement (Caesars Entertainment Operating Company, Inc.)

AutoNDA by SimpleDocs

Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the Second Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco Opco 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 2 contracts

Samples: Guaranty and Pledge Agreement (CAESARS ENTERTAINMENT Corp), Guaranty and Pledge Agreement (CAESARS ENTERTAINMENT Corp)

Offer to Repurchase Upon a Change of Control. The Issuer will be required to make an offer to repurchase the Second Lien Notes following the occurrence of a “change of control” (to be defined in a manner consistent with the Propco Second 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: Agreement (Caesars Entertainment Operating Company, Inc.), Backstop Commitment Agreement (CAESARS ENTERTAINMENT Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!