Common use of Put Provisions Clause in Contracts

Put Provisions. Upon a Change of Control that results in a Rating Decline, any Holder will have the right to cause the Issuer and the Company to repurchase all or any part (equal to U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof) of the Securities of such Holder at a repurchase price equal to 101.0% of the aggregate principal amount of the Securities to be repurchased plus accrued and unpaid interest and Additional Amounts, if any, to the date of repurchase, as provided in, and subject to the terms of, the Indenture.

Appears in 7 contracts

Samples: Supplemental Indenture (Suzano S.A.), Second Supplemental Indenture (Suzano S.A.), Supplemental Indenture (Suzano Austria GmbH)

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Put Provisions. Upon a Change of Control that results in a Rating DeclineControl, any Holder will have the right to cause the Issuer and the Company to repurchase all or any part (equal to U.S.$200,000 U.S.$100,000 and integral multiples of U.S.$1,000 in excess thereof) of the Securities of such Holder at a repurchase price equal to 101.0101% of the aggregate principal amount of the Securities to be repurchased plus accrued and unpaid interest and Additional Amounts, if any, to the date of repurchase, as provided in, and subject to the terms of, the Indenture.

Appears in 2 contracts

Samples: Indenture (Fibria Celulose S.A.), Indenture (Votorantim Pulp & Paper Inc)

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Put Provisions. Upon a Change of Control that results in a Rating DeclineControl, any Holder will have the right to cause the Issuer and the Company to repurchase all or any part (equal to U.S.$200,000 U.S.$150,000 and integral multiples of U.S.$1,000 in excess thereof) of the Securities of such Holder at a repurchase price equal to 101.0101% of the aggregate principal amount of the Securities to be repurchased plus accrued and unpaid interest and Additional Amounts, if any, to the date of repurchase, as provided in, and subject to the terms of, the Indenture.

Appears in 1 contract

Samples: Indenture (Fibria Celulose S.A.)

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