Common use of Optional Put Clause in Contracts

Optional Put. (a) Subject to the provisions of this Article IV, each Holder shall have the right, at the Holder's option, to require the Company to purchase, and upon the exercise of such right, the Company shall purchase, all of such Holder's Notes not theretofore called for redemption, or any portion of the principal amount thereof that is equal to $1,000 or an integral multiple thereof, as directed by such Holder pursuant to this Section 4.1, on each of December 1, 2009, December 1, 2014 and December 1, 2019 (each a "PURCHASE DATE"). The Company shall be required to purchase such Notes at a purchase price in cash equal to 100% of the principal amount of such Notes plus accrued and unpaid interest (including Contingent Interest and Additional Interest, if any) to, but not including, the Purchase Date (the "PURCHASE PRICE").

Appears in 1 contract

Samples: Synaptics Incorporated (Synaptics Inc)

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Optional Put. (a) Subject to the provisions of this Article IV, each Holder shall have the right, at the Holder's option, to require the Company to purchase, and upon the exercise of such right, the Company shall purchase, all of such Holder's Notes not theretofore called for redemption, or any portion of the principal amount thereof that is equal to $1,000 or an integral multiple thereof, as directed by such Holder pursuant to this Section 4.1, on each of December 1, 2009, December 1, 2014 and December 1, 2019 (each a "PURCHASE DATE"). The Company shall be required to purchase such Notes at a purchase price in cash equal to 100% of the principal amount of such Notes plus accrued and unpaid interest (including Contingent Interest and Additional Interest, if any) to, but not including, the Purchase Date (the "PURCHASE PRICE").

Appears in 1 contract

Samples: Cray Inc

Optional Put. (a) Subject to the provisions of this Article IV, each Each Holder shall have the right, at the Holder's ’s option, but subject to the provisions of this Section 4.1, to require the Company to purchase, and upon the exercise of such right, the Company shall purchase, all of such Holder's ’s Notes not theretofore called for redemption, or any portion of the principal amount Principal Amount at Issuance thereof that is equal to $1,000 or an integral multiple thereof, as directed by such Holder pursuant to this Section 4.1, on each of December February 1, 20092011, December February 1, 2014 and December February 1, 2019 (each a "PURCHASE DATE"“Purchase Date”). The Company shall be required to purchase such Notes at a purchase price in cash equal to 100% of the principal amount of such Notes Accreted Principal Amount plus accrued and unpaid interest (including interest, Contingent Interest and Additional Interest, if any) , to, but not includingexcluding, the Purchase Date (the "PURCHASE PRICE"“Purchase Price”).

Appears in 1 contract

Samples: Comtech Telecommunications Corp /De/

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Optional Put. (a) Subject to the provisions of this Article IV, each Holder shall have the right, at the Holder's ’s option, to require the Company to purchase, and upon the exercise of such right, the Company shall purchase, all of such Holder's ’s Notes not theretofore called for redemption, or any portion of the principal amount thereof that is equal to $1,000 or an integral multiple thereof, as directed by such Holder pursuant to this Section 4.1, on each of December May 1, 2009, December May 1, 2014 and December May 1, 2019 (each a "PURCHASE DATE"“Purchase Date”). The Company shall be required to purchase such Notes at a purchase price in cash equal to 100% of the principal amount of such Notes plus accrued and unpaid interest (including Contingent Interest and Additional Interest, if any) , to, but not includingexcluding, the Purchase Date (the "PURCHASE PRICE"“Purchase Price”).

Appears in 1 contract

Samples: Indenture (CTS Corp)

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