Common use of Purchase by the Company at the Option of the Holder Clause in Contracts

Purchase by the Company at the Option of the Holder. Subject to the terms and conditions of the Indenture, the Company shall become obligated to purchase, at the option of each Holder, the Securities held by such Holder on October 15, 2013, October 15, 2016 and October 15, 2021 (each, an “Option Purchase Date”) at an Option Purchase Price, payable in cash, equal to one hundred percent (100%) of the principal amount of the Securities to be purchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable Option Purchase Date, upon delivery of a Purchase Notice containing the information set forth in the Indenture, at any time from the opening of business on the date that is twenty (20) Business Days prior to the applicable Option Purchase Date until the close of business on the Business Day immediately preceding the applicable Option Purchase Date and upon delivery of the Securities to the Paying Agent by the Holder as set forth in the Indenture; provided, however, that that such accrued and unpaid interest shall be paid to the Holder of record of such Securities at the close of business on the record date immediately preceding such Option Purchase Date

Appears in 1 contract

Samples: Supplemental Indenture (Five Star Quality Care Inc)

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Purchase by the Company at the Option of the Holder. Subject to the terms and conditions of the Indenture, the Company shall become obligated to purchase, at the option of each Holder, the Securities held by such Holder on October February 15, 2013, October 15, 2016 and October 15, 2021 2010 (each, an “Option Purchase Date”the "OPTION PURCHASE DATE") at an the Option Purchase Price, payable in cash, equal to one hundred percent (100%) of the principal amount of the Securities to be purchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable Option Purchase Date, upon delivery of a Purchase Notice containing the information set forth in the Indenture, at any time from the opening of business on the date that is twenty (20) Business Days prior to the applicable Option Purchase Date until the close of business on the third (3rd) Business Day immediately preceding the applicable Option Purchase Date and upon delivery of the Securities to the Paying Agent by the Holder as set forth in the Indenture; provided, however, that that such accrued and unpaid interest shall be paid to the Holder of record of such Securities Security at the close of business on the record date immediately preceding such the Option Purchase Date.

Appears in 1 contract

Samples: Indenture (Suntech Power Holdings Co., Ltd.)

Purchase by the Company at the Option of the Holder. Subject to the terms and conditions of the Indenture, the Company shall become obligated to purchase, at the option of each Holder, the Securities held by such Holder on October 15each of April 1, 20132026, October 15April 1, 2016 2029 and October 15April 1, 2021 2034 (each, an “Option Purchase Date”) at an Option Purchase Pricea purchase price, payable in cash, equal to one hundred percent (100%) of the principal amount of the Securities to be purchasedpurchased (the “Option Purchase Price”), plus accrued and unpaid interest, if any, to, but excluding, the applicable Option Purchase Date, upon delivery of a Purchase Notice containing the information set forth in the Indenture, at any time from the opening of business on the date that is twenty (20) Business Days prior to the applicable Option Purchase Date until the close of business on the Business Day immediately preceding the applicable Option Purchase Date and upon delivery of the Securities to the Paying Agent by the Holder as set forth in the Indenture; provided, however, that that such accrued and unpaid interest shall be paid to the Holder of record of such Securities Security at the close of business on the record date immediately preceding such the Option Purchase Date.

Appears in 1 contract

Samples: SSR Mining Inc.

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Purchase by the Company at the Option of the Holder. Subject to the terms and conditions of the Indenture, the Company shall become obligated to purchase, at the option of each Holder, the Securities held by such Holder on October 15each of March 1, 2013, October 15March 1, 2016 2018 and October 15March 1, 2021 2023 (each, an “Option Purchase Date”) at an the Option Purchase Price, payable in cash, equal to one hundred percent (100%) of the principal amount of the Securities to be purchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable Option Purchase Date, upon delivery of a Purchase Notice containing the information set forth in the Indenture, at any time from the opening of business on the date that is twenty (20) Business Days prior to the applicable Option Purchase Date until the close of business on the Business Day immediately preceding the applicable Option Purchase Date and upon delivery of the Securities to the Paying Agent by the Holder as set forth in the Indenture; provided, however, that that such accrued and unpaid interest shall be paid to the Holder of record of such Securities Security at the close of business on the record date immediately preceding such the Option Purchase Date.

Appears in 1 contract

Samples: Indenture (Silver Standard Resources Inc)

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