Offers to Purchase Notes. The Purchase Agreement provides that, subject to certain conditions, if (i) certain Excess Proceeds are available to the Company as a result of Asset Sales or (ii) a Change of Control occurs, the Company shall be required to make an offer to purchase all or a specified portion of the Notes as provided for in the Purchase Agreement.
Appears in 2 contracts
Samples: Purchase Agreement (American Coin Merchandising Inc), Purchase Agreement (American Coin Merchandising Inc)
Offers to Purchase Notes. The Purchase Agreement provides that, subject to certain conditions, if (i) certain Excess Proceeds are available to the Company as a result of Asset Sales or Sales, (ii) a Change of Control occurs, or (iii) if there is an exercise of an early buy-out option granted in connection with the Contemplated Lease Financings, the Company shall be required to make an offer to purchase all or a specified portion of the Notes as provided for in the Purchase Agreement.
Appears in 1 contract
Offers to Purchase Notes. The Purchase Agreement provides that, subject to certain conditions, if (i) certain Excess Proceeds are available to the Company as a result of Asset Sales certain security issuances or (ii) a Change of Control occurs, the Company shall be required to make an offer to purchase all or a specified portion of the Notes as provided for in the Purchase Agreement.
Appears in 1 contract
Samples: Purchase and Security Agreement (Brown Jordan International Inc)
