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

Redemption at the Option of Noteholders upon a Change of Control. If Change of Control Put Event is specified hereon and a Change of Control Put Event occurs, the holder of any such Note will have the option (a “Change of Control Put Option”) (unless prior to the giving of the relevant Change of Control Put Event Notice (as defined below) the Issuer has given notice of redemption under Condition 6(c) or 6(d) above) to require the Issuer to redeem that Note on the Change of Control Put Date (as defined below) at its principal amount together with interest accrued to (but excluding) the Change of Control Put Date. A “Change of Control Put Event” will be deemed to occur if:
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Redemption at the Option of Noteholders upon a Change of Control. If a Change of Control Put Event occurs, Noteholders will have the option (a “Change of Control Put Option”) (unless and to the extent that prior to the giving of the relevant Change of Control Put Notice the Issuer has given a notice of redemption under Condition 7(b) (Redemption for tax reasons), Condition 7(c) (Post-Closing Partial Redemption), Condition 7(d) (Make-whole Call), Condition 7(e) (Optional Redemption) or Condition 7(h) (Mandatory Redemption upon certain Real Estate Sales)) to require the Issuer to redeem or, at the Issuer’s option, purchase (or procure the purchase of) that Note on the Change of Control Put Date at 100 per cent. of its principal amount together, in each case, with accrued and unpaid interest on the Note to, but excluding, the Change of Control Put Date. Promptly upon but in any case no later than five Business Days after the Issuer becoming aware that a Change of Control Put Event has occurred the Issuer shall give a Change of Control Put Notice to the Noteholders in accordance with Condition 18 (Notices) specifying the nature of the Change of Control Put Event and the procedure for exercising the Change of Control Put Option. To exercise the Change of Control Put Option, the holder of a Note must deliver such Note to the Specified Office of any Paying Agent at any time during normal business hours of such Paying Agent falling within the period (the “Change of Control Put Period”) of 30 days after a Change of Control Put Notice is given, accompanied by a duly signed and completed Change of Control Put Exercise Notice. No Note or Definitive Certificate so deposited and option exercised may be withdrawn without the prior consent of the Issuer. The Paying Agent to which such Note and Change of Control Put Exercise Notice is delivered will issue to the Noteholder concerned a non-transferable receipt in respect of the Note so delivered. Payment in respect of any Note so delivered will be made to any bank account specified by the Noteholder in the Change of Control Put Exercise Notice, on the Change of Control Put Date and, in every other case, on or after the Change of Control Put Date against presentation and surrender or (as the case may be) endorsement of such receipt at the Specified Office of any Paying Agent. A Change of Control Put Exercise Notice, once given, shall be irrevocable. The Issuer shall redeem or purchase (or procure the purchase of) the relevant Notes on the Change of Control Put Date unless previously redeem...
Redemption at the Option of Noteholders upon a Change of Control. If a Change of Control Put Event occurs, Noteholders will have the option (a "
Redemption at the Option of Noteholders upon a Change of Control. If a Change of Control Put Event occurs, each Noteholder will have the option (a "Change of Control Put Option") (unless prior to the giving of the relevant Change of Control Put Event Notice the Issuer has given notice of redemption under Condition 6(b) (Redemption for tax reasons), 6(c) (Redemption at the option of the Issuer (Make whole)) or 6(d) (Redemption at the option of the Issuer (Issuer call))) to require the Issuer to redeem or, at the Issuer's option, purchase (or procure the purchase of) all or part of its holding of Notes on the Change of Control Put Date (as defined below) at a price equal to 100 per cent. of its principal amount together with interest accrued to (but excluding) the Change of Control Put Date.

Related to Redemption at the Option of Noteholders 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.

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