Common use of Purchase of Securities at Option Clause in Contracts

Purchase of Securities at Option. of the Holder upon ------------------------------------------------------------------- Change in Control. (a) If on or prior to February 16, 2004 there shall have ----------------- occurred a Change in Control, all or a portion of the Securities of any Holder shall be purchased by the Company, at the option of such Holder, at a purchase price specified in paragraph 6 of the Securities (the "Change in Control Purchase Price"), as of a date that is no later than 35 Business Days after the occurrence of the Change in Control (the "Change in Control Purchase Date"), subject to satisfaction by or on behalf of the Holder of the requirements set forth in Section 3.09(c).

Appears in 2 contracts

Samples: Indenture (Lowes Companies Inc), Indenture (Lowes Companies Inc)

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Purchase of Securities at Option. of the Holder upon ------------------------------------------------------------------- Change in ---------------------------------------------------------- of Control. (a) (1) If on or prior to February 16, 2004 there shall have ----------------- occurred a Change in Controlof Control occurs (subject to certain exceptions ---------- set forth below), all or a portion of the Securities of any Holder not previously purchased by the Company shall be purchased by the Company, at the option of such Holderthe Holder thereof, at a purchase price specified in paragraph Section 6 of the Securities (the "Change in of Control Purchase Price"), as of a the date that is no later than 35 Business Days 30 days after the occurrence date of a notice of Change of Control delivered by the Change in Control Company (the "Change in of Control Purchase Date"), subject to satisfaction by or on behalf of the Holder of the requirements set forth in Section 3.09(c3.8(c).. A "Change of Control" will be deemed to have occurred at such time after the Securities are originally issued when any of the following events shall occur:

Appears in 1 contract

Samples: Pmi Group Inc

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Purchase of Securities at Option. of the Holder upon ------------------------------------------------------------------- Change in ControlOF THE HOLDER UPON CHANGE --------------------------------------- ------------------ IN CONTROL. (a) If on or prior to February 16April 15, 2004 2002 there shall have ----------------- occurred a ---------- Change in Control, all or a portion of the Securities of any Holder shall be purchased by the Companypurchased, at the option of such Holderthe Holder thereof, by the Company at a the purchase price specified in paragraph 6 of the Securities (the "Change in Control Purchase Price"), as of a on the date that is no later than 35 Business Days after the occurrence of the Change in of Control (the "Change in Control Purchase Date"), subject to satisfaction by or on behalf of the Holder of the requirements set forth in Section 3.09(c).

Appears in 1 contract

Samples: Indenture (Times Mirror Co /New/)

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