Common use of Repurchase at Option of Holders Clause in Contracts

Repurchase at Option of Holders. Upon the occurrence of a Change of Control Triggering Event, each Holder of Notes may require the Company to purchase such Notes in whole or in part in amounts of $2,000 or whole multiples of $1,000 in excess thereof, at a purchase price in cash in an amount equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of purchase, pursuant to a Change of Control Offer in accordance with the procedures set forth in the Indenture.

Appears in 5 contracts

Samples: Indenture (Range Resources Corp), Indenture (Range Resources Corp), Indenture (Range Resources Corp)

AutoNDA by SimpleDocs

Repurchase at Option of Holders. Upon the occurrence of a Change of Control Triggering Event, each Holder of Notes may require the Company to purchase such Notes in whole or in part in amounts of $2,000 1,000 or whole multiples of $1,000 in excess thereof, at a purchase price in cash in an amount equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of purchase, pursuant to a Change of Control Offer in accordance with the procedures set forth in the Indenture.

Appears in 3 contracts

Samples: Indenture (California Resources Corp), Indenture (Occidental Petroleum Corp /De/), California Resources Corp

Repurchase at Option of Holders. (a) Upon the occurrence of a Change of Control Triggering EventEvent with respect to the Notes, each Holder of Notes may require the Company to purchase such Notes in whole or in part in minimum amounts of $2,000 or whole multiples of $1,000 in excess thereof, at a purchase price in cash in an amount equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of purchasepurchase (subject to the rights of Holders of record on relevant record dates to receive interest due on an Interest Payment Date), pursuant to a Change of Control Offer in accordance with the procedures set forth in the Indenture.

Appears in 2 contracts

Samples: Indenture (Continental Resources, Inc), Indenture (Continental Resources, Inc)

AutoNDA by SimpleDocs

Repurchase at Option of Holders. (b) Upon the occurrence of a Change of Control Triggering EventControl, each Holder of Notes may require the Company to purchase such Holder’s Notes in whole or in part in amounts of $2,000 1,000 or whole multiples of $1,000 in excess thereof, at a purchase price in cash in an amount equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, to the date of purchase, pursuant to a Change of Control Offer in accordance with the procedures set forth in the Indenture.

Appears in 1 contract

Samples: Indenture (Brigham Exploration Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!