Common use of Purchase of Securities at Option of the Holder upon Change of Control Clause in Contracts

Purchase of Securities at Option of the Holder upon Change of Control. (a) If a Change of Control occurs, the Securities not previously purchased by the Company or any portion of the principal amount thereof that is an integral multiple of $1,000 principal amount shall be purchased by the Company, at the option of the Holder thereof, on the Change of Control Purchase Date at a purchase price equal to 100% of the principal amount of the Securities to be purchased plus accrued and unpaid interest thereon up to but not including the Change of Control Purchase Date (the “Change of Control Purchase Price”), subject to satisfaction by or on behalf of the Holder of the requirements set forth in Section 4.02(c).