Common use of Put Provisions Clause in Contracts

Put Provisions. Upon a Change of Control, any Holder of Notes will have the right to require the Issuers to repurchase all or any part of the Notes of such Holder at a repurchase price equal to 101% of the principal amount of the Notes to be repurchased plus accrued interest to the date of repurchase (subject to the right of holders of record on the relevant record date to receive interest due on the related interest payment date) as provided in, and subject to the terms of, the Indenture. In addition, in the event of certain Asset Dispositions, the Issuers may be required to use the proceeds thereof to make an offer to the Holders to purchase Notes at a purchase price of 100% of their principal amount, plus accrued but unpaid interest, in accordance with the procedures set forth in the Indenture.