Common use of Optional Redemption upon a Change of Control Clause in Contracts

Optional Redemption upon a Change of Control. The Notes will be redeemable at the option of the Company, in whole or in part, at any time on or prior to March 15, 2007, if a Change of Control occurs, at a Redemption Price equal to the sum of 112.000% of the Accreted Value of the Notes as of the Redemption Date, and accrued and unpaid interest, if any, to the Redemption Date (the "Change of Control Redemption Right"). If the Company elects to exercise the Change of Control Redemption Right, it must mail a notice to each Holder with a copy to the Trustee within 30 days following the Change of Control (or, at its option, prior to such Change of Control but after the transaction giving rise to such Change of Control is publicly announced). Any such redemption may be conditioned upon the Change of Control occurring if the notice is mailed prior to the Change of Control. If the Company exercises the Change of Control Redemption Right, it may not make a

Appears in 1 contract

Samples: Indenture (Eschelon Telecom Inc)

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Optional Redemption upon a Change of Control. The Notes will be redeemable at the option of the Company, in whole or in part, at At any time on or prior to March 15September 1, 20072009, if a Change of Control occursoccurs the Company may, at its option, redeem all, but not less than all, of the Notes at a Redemption Price equal to the sum of 112.000111.375% of the Accreted Value principal amount of the Notes as of the Redemption Date, and plus accrued and unpaid interest, if any, interest thereon thereon to the Redemption Date (the "Change “Change-of Control Redemption Right"). If the Company elects to exercise the Change of Control Redemption Right, it must mail a notice to each Holder with a copy to the Trustee within 30 days following the Change of Control (or, at its the Company’s option, prior to such Change of Control but after the transaction giving rise to such Change of Control is publicly announced). Any such Such redemption may be conditioned upon the Change of Control occurring if the notice is mailed prior to the Change of Control. If the Company exercises the Change of Control Redemption Right, it may not make a.

Appears in 1 contract

Samples: Indenture, (Broadview Networks Holdings Inc)

Optional Redemption upon a Change of Control. The Notes will be redeemable at the option of the Company, in whole or in part, at At any time on or prior to March November 15, 20072015, if a Change of Control occursoccurs the Company may, at its option, redeem all, but not less than all, of the Notes at a Redemption Price equal to the sum of 112.000110.50% of the Accreted Value principal amount of the Notes as of the Redemption Date, and plus accrued and unpaid interest, if any, interest thereon to the Redemption Date (the "Change of Control Redemption Right"). If the Company elects to exercise the Change of Control Redemption Right, it must mail a notice to each Holder with a copy to the Trustee within 30 days following the Change of Control (or, at its the Company’s option, prior to such Change of Control but after the transaction giving rise to such Change of Control is publicly announced). Any such redemption may be conditioned upon the Change of Control occurring if the notice is mailed prior to the Change of Control. If the Company exercises the Change of Control Redemption Right, it may not make a.

Appears in 1 contract

Samples: Registration Rights Agreement (Broadview Networks Holdings Inc)

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Optional Redemption upon a Change of Control. The Notes will be redeemable at the option of the Company, in whole or in part, at At any time on or prior to March 15September 1, 20072009, if a Change of Control occursoccurs the Company may, at its option, redeem all, but not less than all, of the Notes at a Redemption Price equal to the sum of 112.000111.375% of the Accreted Value principal amount of the Notes as of the Redemption Date, and plus accrued and unpaid interest, if any, interest thereon to the Redemption Date (the "Change of Control Redemption Right"). If the Company elects to exercise the Change of Control Redemption Right, it must mail a notice to each Holder with a copy to the Trustee within 30 days following the Change of Control (or, at its the Company’s option, prior to such Change of Control but after the transaction giving rise to such Change of Control is publicly announced). Any such redemption may be conditioned upon the Change of Control occurring if the notice is mailed prior to the Change of Control. If the Company exercises the Change of Control Redemption Right, it may not make a.

Appears in 1 contract

Samples: Indenture, (Broadview Networks Holdings Inc)

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