Put Provisions. The occurrence of any Change of Control will constitute an Event of Default under the Indenture unless the Issuers (i)(A) make an offer within 30 days following such Change of Control to all holders of the Notes to purchase all the Notes properly tendered (a “Change of Control Offer”) at a purchase price (the “Change of Control Purchase Price”) equal to 101% of the principal amount thereof, plus accrued and unpaid interest (if any) to the date of repurchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date); and (B) purchase all the Notes properly tendered in accordance with the Change of Control Offer or (ii) exercise their right, within 30 days following such Change of Control, to redeem all the Notes as described under Paragraph 5 of this Note.
Appears in 5 contracts
Samples: Supplemental Indenture (Momentive Specialty Chemicals Inc.), Indenture (Hexion Specialty Chemicals, Inc.), Indenture (Hexion Specialty Chemicals, Inc.)
Put Provisions. The Except as set forth in the Indenture, the occurrence of any Change of Control will shall constitute an Event of Default under the Indenture unless the Issuers Issuer (i)(A) make makes an offer within 30 days following such Change of Control to all holders of the Notes to purchase all the Notes properly tendered (a “Change of Control Offer”) at a purchase price (the “Change of Control Purchase Price”) equal to 101% of the principal amount thereof, plus accrued and unpaid interest (if any) to the date of repurchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date); and (B) purchase all the Notes properly tendered in accordance with the Change of Control Offer or (ii) exercise their exercises its right, within 30 days following such Change of Control, to redeem all the Notes as described under Paragraph 5 of this Note.
Appears in 4 contracts
Samples: Indenture (Affinion Group, Inc.), Indenture (Affinion Loyalty Group, Inc.), Indenture (Watchguard Registration Services, Inc.)
Put Provisions. The occurrence of any Change of Control will constitute an Event of Default under the Indenture unless the Issuers Issuer (i)(A) make makes an offer within 30 days following such Change of Control to all holders of the Notes to purchase all the Notes properly tendered (a “Change of Control Offer”) at a purchase price (the “Change of Control Purchase Price”) equal to 101% of the principal amount thereof, plus accrued and unpaid interest (if any) and additional interest, if any, to the date of repurchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date); and (B) purchase purchases all the Notes properly tendered in accordance with the Change of Control Offer or (ii) exercise their exercises its right, within 30 days following such Change of Control, to redeem all the Notes as described under Paragraph paragraph 5 of this Note.
Appears in 3 contracts
Samples: Indenture (Hexion Inc.), Indenture (Momentive Specialty Chemicals Inc.), First Supplemental Indenture (Momentive Specialty Chemicals Inc.)
Put Provisions. The occurrence of any Upon a Change of Control will constitute an Event of Default under Control, the Indenture unless the Issuers Issuer must (i)(A) make an offer within 30 days following such Change of Control to all holders of the Notes to purchase all the Notes properly tendered (a “Change of Control Offer”) at a purchase price (the “Change of Control Purchase Price”) equal to 101% of the principal amount thereof, plus accrued and unpaid interest (if any) to ), to, but excluding, the date of repurchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date); and (B) purchase all the Notes properly tendered in accordance with the Change of Control Offer or (ii) exercise their its right, within 30 days following such Change of Control, to redeem all the Notes as described under Paragraph paragraph 5 of this Note.
Appears in 1 contract
Samples: Indenture (Hexion Inc.)
Put Provisions. The occurrence of any Change of Control will constitute an Event of Default under the Indenture unless the Issuers (i)(A) make an offer within 30 days following such Change of Control to all holders of the Notes to purchase all the Notes properly tendered (a “Change of Control Offer”) at a purchase price (the “Change of Control Purchase Price”) equal to 101% of the principal amount thereof, plus accrued and unpaid interest (if any) and additional interest, if any, to the date of repurchase (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date); and (B) purchase all the Notes properly tendered in accordance with the Change of Control Offer or (ii) exercise their right, within 30 days following such Change of Control, to redeem all the Notes as described under Paragraph paragraph 5 of this Note.
Appears in 1 contract