Common use of Purchase of Notes upon a Change of Control Triggering Event Clause in Contracts

Purchase of Notes upon a Change of Control Triggering Event. (1) If a Change of Control Triggering Event occurs, unless the Issuer has exercised its right to redeem the Notes pursuant to Sections 1.01(9) and 1.05 of this Supplemental Indenture or Article ELEVEN of the Original Indenture, the Issuer will make an offer to each Holder of the Notes to repurchase all or any part (in excess of $2,000 and in integral multiples of $1,000 principal amount) of that Holder’s Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus any accrued and unpaid interest on the Notes repurchased to but excluding the date of repurchase. Within 30 days following any Change of Control Triggering Event or, at the Issuer’s option, prior to any Change of Control, but after the public announcement of the Change of Control, the Issuer will send a notice to each Holder of the Notes and the Trustee describing the transaction or transactions that constitute or may constitute the Change of Control Triggering Event and offering to repurchase such Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 45 days from the date such notice is sent. The notice shall, if sent prior to the date of consummation of the Change of Control, state that the offer to repurchase is conditioned on the Change of Control Triggering Event occurring on or prior to the payment date specified in the notice.

Appears in 3 contracts

Samples: Indenture (Willis Towers Watson PLC), Willis Towers Watson PLC, Willis Towers Watson PLC

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Purchase of Notes upon a Change of Control Triggering Event. (1) If a Change of Control Triggering Event occurs, unless the Issuer has exercised its right to redeem the such series of Notes pursuant to Sections 1.01(9) and 1.05 of this Supplemental Indenture or Article ELEVEN of the Original Indenture, the Issuer will make an offer to each Holder of the such series of Notes to repurchase all or any part (in excess of $2,000 and in integral multiples of $1,000 principal amount) of that Holder’s Notes of such series at a repurchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus any accrued and unpaid interest on the Notes repurchased to but excluding the date of repurchase. Within 30 days following any Change of Control Triggering Event or, at the Issuer’s option, prior to any Change of Control, but after the public announcement of the Change of Control, the Issuer will send a notice to each Holder of the such series of Notes and the Trustee describing the transaction or transactions that constitute or may constitute the Change of Control Triggering Event and offering to repurchase such Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 45 days from the date such notice is sent. The notice shall, if sent prior to the date of consummation of the Change of Control, state that the offer to repurchase is conditioned on the Change of Control Triggering Event occurring on or prior to the payment date specified in the notice.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Willis Towers Watson PLC), Third Supplemental Indenture (Willis Towers Watson PLC)

Purchase of Notes upon a Change of Control Triggering Event. (1) If a Change of Control Triggering Event occurs, unless the Issuer has exercised its right to redeem the Notes pursuant to Sections 1.01(9) and 1.05 of this Supplemental Indenture or Article ELEVEN of the Original Indenture, the Issuer will make an offer to each Holder of the Notes to repurchase all or any part (in excess of $2,000 and in integral multiples of $1,000 principal amount) of that Holder’s Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus any accrued and unpaid interest on the Notes repurchased to but excluding the date of repurchase. Within 30 days following any Change of Control Triggering Event or, at the Issuer’s option, prior to any Change of Control, but after the public announcement of the Change of Control, the Issuer will send mail a notice to each Holder of the Notes and the Trustee describing the transaction or transactions that constitute or may constitute the Change of Control Triggering Event and offering to repurchase such Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 45 days from the date such notice is sentmailed. The notice shall, if sent mailed prior to the date of consummation of the Change of Control, state that the offer to repurchase is conditioned on the Change of Control Triggering Event occurring on or prior to the payment date specified in the notice.

Appears in 2 contracts

Samples: www.sec.gov, Indenture (Willis Group Holdings PLC)

Purchase of Notes upon a Change of Control Triggering Event. (1a) If a Change of Control Triggering Repurchase Event occursoccurs after the Distribution, unless the Issuer Company has exercised its right to redeem the Notes pursuant to Sections 1.01(9) and 1.05 as set forth in Section 3.01 of this Fifth Supplemental Indenture or Article ELEVEN of the Original Indenture, the Issuer Company will make an offer to each Holder of the Notes to repurchase all or any part (in excess of equal to $2,000 and in or an integral multiples multiple of $1,000 principal amountin excess thereof) of that such Holder’s Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus any accrued and unpaid interest on the Notes repurchased to but excluding the date of repurchasepurchase. Within 30 days following any Change of Control Triggering Repurchase Event or, at the IssuerCompany’s option, prior to any Change of Control, but after the public announcement of the transaction or event that constitutes or may constitute the Change of Control, the Issuer Company will send mail a notice to each Holder of holder to which the Notes and Company is required to make a repurchase offer as described above, with a copy to the Trustee Trustee, describing the transaction or transactions event that constitute constitutes or may constitute the Change of Control Triggering Repurchase Event and offering to repurchase such the Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 45 60 days from the date such notice is sentmailed. The notice shallmay, if sent mailed prior to the date of consummation of the Change of Control, state that the offer to repurchase purchase is conditioned on the Change of Control Triggering Repurchase Event occurring on or prior to the payment date specified in the notice.

Appears in 2 contracts

Samples: Supplemental Indenture, Hewlett Packard Enterprise Co

Purchase of Notes upon a Change of Control Triggering Event. (1) If a Change of Control Triggering Event occurs, unless the Issuer has exercised its right to redeem the Notes pursuant to Sections 1.01(9) and 1.05 of this Supplemental Indenture or Article ELEVEN of the Original Indenture, the Issuer will make an offer to each Holder of the Notes to repurchase all or any part (in excess of $2,000 €100,000 and in integral multiples of $1,000 principal amount) of that Holder’s Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus any accrued and unpaid interest on the Notes repurchased to but excluding the date of repurchase. Within 30 days following any Change of Control Triggering Event or, at the Issuer’s option, prior to any Change of Control, but after the public announcement of the Change of Control, the Issuer will send a notice to each Holder of the Notes and the Trustee describing the transaction or transactions that constitute or may constitute the Change of Control Triggering Event and offering to repurchase such Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 45 days from the date such notice is sent. The notice shall, if sent prior to the date of consummation of the Change of Control, state that the offer to repurchase is conditioned on the Change of Control Triggering Event occurring on or prior to the payment date specified in the notice.

Appears in 1 contract

Samples: Indenture (Willis Towers Watson PLC)

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Purchase of Notes upon a Change of Control Triggering Event. (1) If a Change of Control Triggering Event occurs, unless the Issuer has exercised its right to redeem the Notes pursuant to Sections 1.01(9) and 1.05 of this Supplemental Indenture or Article ELEVEN of the Original Indenture, the Issuer will make an offer to each Holder of the Notes to repurchase all or any part (in excess of $2,000 and in integral multiples of $1,000 principal amount) of that Holder’s Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus any accrued and unpaid interest on the Notes repurchased to but excluding the date of repurchase. Within 30 days following any Change of Control Triggering Event or, at the Issuer’s option, prior to any Change of Control, but after the public announcement of the Change of Control, the Issuer will send a notice to each Holder of the Notes and the Trustee describing the transaction or transactions that constitute or may constitute the Change of Control Triggering Event and offering to repurchase such Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 45 days from the date such notice is sent. The notice shall, if sent prior to the date of consummation of the Change of Control, state that the offer to repurchase is conditioned on the Change of Control Triggering Event occurring on or prior to the payment date specified in the notice.

Appears in 1 contract

Samples: Third Supplemental Indenture (Willis Towers Watson PLC)

Purchase of Notes upon a Change of Control Triggering Event. (1) If a Change of Control Triggering Event occurs, unless the Issuer has exercised its right to redeem the Notes pursuant to Sections 1.01(9) and 1.05 of this Supplemental Indenture or Article ELEVEN of the Original Indenture, the Issuer will make an offer to each Holder of the Notes to repurchase all or any part (in excess of $2,000 and in integral multiples of $1,000 principal amount) of that Holder’s Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased plus any accrued and unpaid interest on the Notes repurchased to but excluding the date of repurchase. Within 30 days following any Change of Control Triggering Event or, at the Issuer’s option, prior to any Change of Control, but after the public announcement of the Change of Control, the Issuer will send a notice to each Holder of the Notes and the Trustee describing the transaction or transactions that constitute or may constitute the Change of Control Triggering Event and offering to repurchase such Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 45 days from the date such notice is sent. The notice shall, if sent prior to the date of consummation of the Change of Control, state that the offer to repurchase is conditioned on the Change of Control Triggering Event occurring on or prior to the payment date specified in the notice.

Appears in 1 contract

Samples: Indenture (Willis Towers Watson PLC)

Purchase of Notes upon a Change of Control Triggering Event. (1i) If a Change of Control Triggering Event occursoccurs with respect to the Notes, unless the Issuer Company has exercised its right option to redeem the such Notes pursuant to Sections 1.01(9) and as described in Section 1.05 of this Supplemental Indenture or Article ELEVEN of the Original Indenturehereof, the Issuer Company will make an offer (a “Change of Control Offer”) to each Holder of the such Notes to repurchase all or any part (in excess of equal to $2,000 and in or an integral multiples multiple of $1,000 principal amountin excess thereof) of that Holder’s Notes at a repurchase price price, payable in cash cash, equal to 101% of the aggregate principal amount of Notes repurchased repurchased, plus any accrued and unpaid interest interest, on the Notes repurchased to to, but excluding excluding, the date of repurchaserepurchase (the “Change of Control Payment”). Within 30 days following any Change of Control Triggering Event or, at the IssuerCompany’s option, prior to any Change of Control, but after the public announcement of the transaction that constitutes or may constitute the Change of Control, the Issuer will send a notice will be sent to each Holder Holders of the Notes and Notes, with a copy to the Trustee Trustee, describing the transaction or transactions that constitute constitutes or may constitute the Change of Control Triggering Event and offering to repurchase such Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 45 90 days from the date such notice is sentdelivered (the “Change of Control Payment Date”). The notice shallwill, if sent delivered prior to the date of consummation of the Change of Control, state that the offer to repurchase purchase is conditioned on the Change of Control Triggering Event occurring on or prior to the payment date specified in Change of Control Payment Date and shall state the notice.following:

Appears in 1 contract

Samples: DXC Technology Company (DXC Technology Co)

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