Common use of Repurchase at Option of Holder Clause in Contracts

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess of $2,000) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 6 contracts

Samples: Indenture (Linn Energy, LLC), Supplemental Indenture (Linn Energy, LLC), Indenture (EV Energy Partners, LP)

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Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess of $2,000) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.:

Appears in 5 contracts

Samples: Indenture (Linn Energy, LLC), Supplemental Indenture (Linn Energy, LLC), Indenture (EV Energy Partners, LP)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 1,000 or an integral multiple of $1,000 in excess of $2,000thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 3 contracts

Samples: Indenture (Copano Energy, L.L.C.), Supplemental Indenture (Inergy L P), Indenture (Inergy L P)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess of $2,000thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 3 contracts

Samples: Indenture (Inergy L P), Indenture (Inergy L P), Indenture (Inergy L P)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of If there is a Change of Control, unless the Issuers have previously or concurrently exercised their right to redeem all of the Notes, the Company shall will be required to make an offer (a Change of Control Offer”) Offer to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess of $2,000thereof) of each Holder’s Notes at a purchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased, thereof plus accrued and unpaid interest and Additional Interest, if any, thereon to the date of settlement (the “Change of Control Settlement Date”)purchase, subject to the right rights of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Purchase Date. Within 30 days following a any Change of Control, unless the Issuers have previously or concurrently exercised their right to redeem all of the Notes, the Company shall mail will send a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 3 contracts

Samples: Indenture (Legacy Reserves Inc.), Indenture (Legacy Reserves Inc.), Indenture (Legacy Reserves Lp)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 1,000 or an integral multiple of $1,000 in excess of $2,0001,000) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail send a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 2 contracts

Samples: Settlement Agreement (Linn Energy, LLC), Indenture (Linn Energy, LLC)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 or an any integral multiple of $1,000 multiple in excess of $2,000thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the First Supplemental Indenture.

Appears in 2 contracts

Samples: First Supplemental Indenture (Whiting Petroleum Corp), First Supplemental Indenture (Whiting Petroleum Corp)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess of $2,000thereof) of each Holder’s Notes at a purchase price in cash equal to at least 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a any Change of Control, the Company shall will mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction or transactions that constitutes constitute the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 1 contract

Samples: Indenture (PetroLogistics LP)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 1,000 or an any integral multiple of $1,000 multiple in excess of $2,000thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount Reduced Principal Amount of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Second Supplemental Indenture.

Appears in 1 contract

Samples: Second Supplemental Indenture (Whiting Petroleum Corp)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of If a Change of ControlControl occurs, the Company shall will be required to make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess of $2,000thereof) of each Holder’s Notes at a purchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, to the date of settlement purchase (the “Change of Control Settlement Payment Date”), subject to the right rights of Holders of record on the relevant record date to receive interest due on an the relevant Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee and the Paying Agent describing the transaction or transactions that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 1 contract

Samples: Indenture (Comstock Oil & Gas GP, LLC)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 1,000 or an any integral multiple of $1,000 multiple in excess of $2,000thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount Reduced Principal Amount of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Fifth Supplemental Indenture.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Whiting Petroleum Corp)

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Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 1,000 or an integral multiple of $1,000 in excess of $2,000thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, to the date of settlement (the “Change of Control Settlement Purchase Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Purchase Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 1 contract

Samples: Indenture (Pacific Energy Partners Lp)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of ControlControl Triggering Event, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 1,000 or an any integral multiple of $1,000 multiple in excess of $2,000thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount Reduced Principal Amount of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a any Change of ControlControl Triggering Event, the Company shall mail (or otherwise deliver in accordance with the applicable procedures of the Depositary) a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control Triggering Event and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Sixth Supplemental Indenture.

Appears in 1 contract

Samples: Sixth Supplemental Indenture (Whiting Petroleum Corp)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of If a Change of ControlControl occurs, the Company shall Issuer will be required to make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 200,000 or an integral multiple of $1,000 in excess of $2,000thereof) of each Holder’s Notes at a purchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional InterestAmounts, if any, to the date of settlement purchase (the “Change of Control Settlement Payment Date”), subject to the right rights of Holders of record on the relevant record date to receive interest due on an the relevant Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company Issuer shall mail a notice of the Change of Control Offer to each Holder and the Trustee and the Paying Agent describing the transaction or transactions that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 1 contract

Samples: First Preferred Mortgage (Pacific Drilling S.A.)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 1,000 or an integral multiple of $1,000 in excess of $2,0001,000) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, to the date of settlement purchase (the “Change of Control Settlement Purchase Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Purchase Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 1 contract

Samples: Indenture (Pacific Energy Partners Lp)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of a Change of Control, the Company shall make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 1,000 or an any integral multiple of $1,000 multiple in excess of $2,000thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount Reduced Principal Amount of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, to the date of settlement (the “Change of Control Settlement Date”), subject to the right of Holders of record on the relevant record date to receive interest due on an Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee describing the transaction that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Fourth Supplemental Indenture.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Whiting Petroleum Corp)

Repurchase at Option of Holder. (a) Within 30 days following the occurrence of If a Change of ControlControl occurs, the Company shall will be required to make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $2,000 50,000 or an integral multiple of $1,000 in excess of $2,000thereof) of each Holder’s Notes at a purchase price in cash equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional InterestAmounts, if any, to the date of settlement purchase (the “Change of Control Settlement Payment Date”), subject to the right rights of Holders of record on the relevant record date to receive interest due on an the relevant Interest Payment Date that is on or prior to the Change of Control Settlement Date. Within 30 days following a Change of Control, the Company shall mail a notice of the Change of Control Offer to each Holder and the Trustee and the Paying Agent describing the transaction or transactions that constitutes the Change of Control and setting forth the procedures governing the Change of Control Offer as required by Section 4.15 of the Indenture.

Appears in 1 contract

Samples: Indenture (Pacific Drilling S.A.)

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