Common use of Purchase by the Company at the Option of the Holder Upon a Fundamental Change Clause in Contracts

Purchase by the Company at the Option of the Holder Upon a Fundamental Change. Subject to the terms and conditions of the Indenture, the Company shall become obligated, at the option of the Holder, to purchase the Securities if a Fundamental Change occurs at any time prior to Stated Maturity at 100% of the Principal Amount plus accrued and unpaid interest, including Additional Interest, if any, to, but excluding, the Fundamental Change Purchase Date, which amount will be paid in cash.

Appears in 2 contracts

Samples: Acceptance Corporation (World Acceptance Corp), World Acceptance Corp

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Purchase by the Company at the Option of the Holder Upon a Fundamental Change. Subject to the terms and conditions of the Indenture, the Company shall become obligated, at the option of the Holder, to purchase the Securities if a Fundamental Change occurs at any time prior to the Stated Maturity at 100% of the Principal Amount principal amount plus accrued and unpaid interest, including Additional Interest, if any, Interest (subject to Section 4.01(c)(ii) of the Indenture) to, but excluding, the Fundamental Change Purchase DateDate (the “Fundamental Change Purchase Price”), which amount Fundamental Change Purchase Price will be paid in cash.

Appears in 2 contracts

Samples: Indenture (Concur Technologies Inc), Concur Technologies Inc

Purchase by the Company at the Option of the Holder Upon a Fundamental Change. Subject to and in compliance with the terms and conditions of the Indenture, the Company shall become obligated, at the option of the Holder, to purchase the Securities if a Fundamental Change occurs at any time prior to Stated Maturity at 100% of the Principal Amount plus accrued and unpaid interest, including Additional Interest, if any, to, but excluding, the Fundamental Change Purchase Date, which amount will be paid in cash.

Appears in 1 contract

Samples: Indenture (Caci International Inc /De/)

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Purchase by the Company at the Option of the Holder Upon a Fundamental Change. Subject to the terms and conditions of the Indenture, the Company shall become obligated, at the option of the Holder, to purchase the Securities if a Fundamental Change occurs at any time prior to Stated Maturity at 100% of the Principal Amount plus accrued and unpaid interest, including Additional Interest, if any, interest to, but excluding, the Fundamental Change Purchase Date, which amount will shall be paid in cash.

Appears in 1 contract

Samples: Indenture (Trex Co Inc)

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