Redemption at the Option of Bondholders upon a Change of Control Sample Clauses

Redemption at the Option of Bondholders upon a Change of Control. Following the occurrence of a Change of Control, the holder of each Convertible Bond will have the right to require the Issuer to redeem that Convertible Bond on the Change of Con- trol Put Date at its principal amount, together with accrued but unpaid interest to (but ex- cluding) such date and calculated by the Calculation Agent. To exercise such right, the holder of the relevant Convertible Bond must deliver to the specified office of the Paying and Conversion Agent a duly completed and signed notice of exercise in the form for the time being current obtainable from the specified office of the Paying and Conversion Agent (a "
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Redemption at the Option of Bondholders upon a Change of Control. Upon the occurrence of a Change of Control, each Bondholder will have the right to require the Issuer and the Co-obligor to purchase, in whole but not in part, the Bondholder’s Bonds on the next following Interest Payment Date, pursuant to the offer described below (the ‘‘Change of Control Offer’’), at a purchase price in cash equal to 100 per cent. of the current principal amount thereof (the ‘‘Change of Control Payment’’). Within 30 days following a Change of Control, the Issuer and the Co-obligor will give notice to each Bondholder, in the manner described under Condition 15 (Notices) below, and the Trustee, describing the transaction that constitutes the Change of Control and offering to purchase the Bonds on the date specified in such notice, which date shall be the next Interest Payment Date falling not less than 30 days after the date such notice is given (the ‘‘Change of Control Put Settlement Date’’), pursuant to the procedures required by the Agency Agreement and described in such notice. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control provisions of the Agency Agreement, the Issuer and the Co-obligor will comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under the Change of Control provisions of the Agency Agreement by virtue of such conflict. On or before the Change of Control Put Settlement Date, the Issuer and the Co-obligor will, to the extent lawful:
Redemption at the Option of Bondholders upon a Change of Control. Following the occurrence of a Change of Control, the Issuer will make an offer (the “Change of Control Offer”), in writing to each Bondholder (with a copy to the Trustee), to purchase each Bond on the terms set out herein (the “Change of Control Offer Notice”). Pursuant to the Change of Control Offer Notice, the Issuer will be required to offer payment in cash equal to the principal amount of each Bond together with accrued and unpaid interest up to (but excluding) the Change of Control Payment Date (the “Change of Control Offer Price”). To exercise their right to accept the Change of Control Offer, the holder of the relevant Bond must deliver the Certificate relating to such Bond(s) to the specified office of the Registrar or any Paying, Transfer and Conversion Agent, together with a duly completed and signed notice of exercise in the form (for the time being current) obtainable from the specified office of any Paying, Transfer and Conversion Agent (a “Change of Control Payment Exercise Notice”), at any time during the Change of Control Period. The “

Related to Redemption at the Option of Bondholders upon a Change of Control

  • Repurchase of Notes at the Option of the Holders upon Change of Control and Asset Sales Upon the occurrence of a Change of Control, each holder shall have the right, subject to certain conditions specified in the Indenture, to cause the Issuer to repurchase all or any part of such holder’s Notes at a purchase price in cash 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 the holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date), as provided in, and subject to the terms of, the Indenture. In accordance with Section 4.06 of the Indenture, the Issuer will be required to offer to purchase Notes upon the occurrence of certain events.

  • Repurchase at Option of Holders Upon a Fundamental Change (a) If a Fundamental Change occurs at any time prior to the Maturity Date, each Holder shall have the right, at such Holder’s option, to require the Company to repurchase for cash all of such Holder’s Notes, or any portion thereof that is equal to $1,000 or an integral multiple of $1,000, on the date (the “Fundamental Change Repurchase Date”) specified by the Company that is not less than 20 Business Days or more than 35 Business Days following the date of the Fundamental Change Company Notice at a repurchase price equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon to, but excluding, the Fundamental Change Repurchase Date (the “Fundamental Change Repurchase Price”), unless the Fundamental Change Repurchase Date falls after a Regular Record Date but on or prior to the Interest Payment Date to which such Regular Record Date relates, in which case the Company shall instead pay the full amount of accrued and unpaid interest to Holders of record as of such Regular Record Date, and the Fundamental Change Repurchase Price shall be equal to 100% of the principal amount of Notes to be repurchased pursuant to this Article 15.

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