Common use of REPURCHASE AT THE OPTION OF HOLDER Clause in Contracts

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect to the Notes, the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest and Additional Interest, if any, to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the Notes, the Issuers will send a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 4 contracts

Samples: Indenture (Sunoco LP), Indenture (Sunoco LP), Indenture (Sunoco LP)

AutoNDA by SimpleDocs

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect to the NotesTriggering Event, the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof thereof, plus accrued and unpaid interest and Additional Special Interest, if any, to on the Notes repurchased to, but excluding, the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesTriggering Event, the Issuers will send mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 3 contracts

Samples: Indenture (Tesoro Logistics Lp), Indenture (Tesoro Corp /New/), Indenture (Tesoro Logistics Lp)

REPURCHASE AT THE OPTION OF HOLDER. (aA) If there is a Change of Control with respect to the NotesControl, the Issuers Company will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, on the Notes repurchased to the date of purchasesettlement (the “Change of Control Settlement Date”), subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (interest payment date that is on or prior to the Change of Control Payment”)Settlement Date set forth in Section 4.15 of the Indenture. Within 30 days following any Change of Control with respect to the NotesControl, the Issuers Company will send a notice to each Holder and the Trustee setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 3 contracts

Samples: Indenture (Archrock, Inc.), Indenture (Archrock, Inc.), Indenture (Archrock Partners, L.P.)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is Upon the occurrence of a Change of Control with respect Control, each Holder of Notes will have the right to require the Notes, the Issuers will be required Company to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each that Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Special Interest, if any, on the Notes repurchased to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date interest payment date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesControl, the Issuers Company will send mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 3 contracts

Samples: Indenture (Continental Airlines Inc /De/), United Air Lines Inc, United Air Lines Inc

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is As provided in and subject to the terms of the Indenture, upon the occurrence of a Change of Control with respect to the NotesControl, the Issuers Issuer will be required to make an offer (a “Change of Control Offer”) to each Holder of Notes to repurchase all or any part (equal to a minimum amount of $2,000 or an and integral multiple multiples of $1,000 in excess thereof) of each that Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased plus accrued and unpaid interest and Additional Interest, if any, on the Notes repurchased to (but not including) the date of purchaserepurchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change interest payment date in respect of Control Payment”)then outstanding Notes. Within 30 days following any Change of Control with respect to the NotesControl, the Issuers Issuer will send provide a notice to the Trustee and each Holder setting forth of Notes stating the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 2 contracts

Samples: Indenture (Nathans Famous Inc), Nathans Famous Inc

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect to the Notes, the Issuers will Issuer may be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest and Additional Interest, if any, to the date of purchase, subject to the rights of Holders of the Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the Notes, the Issuers Issuer will send a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 2 contracts

Samples: Indenture (Sunoco LP), Indenture (Sunoco LP)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect occurs, each Holder will have the right to require the Notes, Issuer to repurchase all or any part of that Holder’s Notes pursuant to Section 4.15 of the Issuers will be required to make an offer Indenture (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple ). In the Change of $1,000 in excess thereof) of each Holder’s Notes at Control Offer, the Issuer will offer the Holders a purchase price in cash (the “Change of Control Payment”) equal to 101100% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, on the Notes repurchased to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”)Date. Within 30 fifteen (15) days following any Change of Control with respect to the NotesControl, the Issuers Issuer will send mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 2 contracts

Samples: Collateral Agreement (Primus Telecommunications Group Inc), Collateral Agreement (Primus Telecommunications Group Inc)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect to the NotesTriggering Event, the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 1,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof thereof, plus accrued and unpaid interest and Additional Special Interest, if any, to on the Notes repurchased to, but excluding, the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesTriggering Event, the Issuers will send mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 2 contracts

Samples: Indenture (Tesoro Logistics Lp), Tesoro Corp /New/

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect to the NotesControl, the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest and Additional Interest, if any, to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesControl, the Issuers will send a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 2 contracts

Samples: Indenture (Sunoco LP), Indenture (Sunoco LP)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect occurs, each Holder will have the right to require the Notes, Issuer to repurchase all or any part of that Holder’s Notes pursuant to Section 4.15 of the Issuers will be required to make an offer Indenture (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple ). In the Change of $1,000 in excess thereof) of each Holder’s Notes at Control Offer, the Issuer will offer the Holders a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, on the Notes repurchased to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”)Date. Within 30 fifteen (15) days following any Change of Control with respect to the NotesControl, the Issuers Issuer will send mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Collateral Trust Agreement (Primus Telecommunications Group Inc)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect Repurchase Event, each Holder of Notes will have the right to the Notes, require the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 200,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest and Additional Interestthereon to, if anybut not including, to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date interest payment date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesRepurchase Event, the Issuers will send a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Collateral Trust Agreement (Endo International PLC)

REPURCHASE AT THE OPTION OF HOLDER. (aA) If there is Upon the occurrence of a Change of Control with respect to the NotesControl, the Issuers Issuer will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each that Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, on the Notes repurchased to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date interest payment date (the “Change of Control Payment”). Within 30 days 10 Business Days following any Change of Control with respect to the NotesControl, the Issuers Issuer will send a notice to each Holder and setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Eldorado Resorts, Inc.

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect to the Notes, the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest and Additional Interest, if any, to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the Notes, the Issuers will send a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Indenture (Sunoco LP)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect occurs, each Holder will have the right to the Notes, require the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each that Holder’s Notes (a “Change of Control Offer”) at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest and Additional Interest, if any, on the Notes repurchased, if any, to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on an interest payment date that is prior to the relevant Interest Payment Date (the “Change of Control Payment”)purchase date. Within 30 ten days following any Change of Control with respect to the NotesControl, the Issuers will send mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Susser Holdings CORP)

AutoNDA by SimpleDocs

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect occurs, each Holder will have the right to the Notes, require the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each that Holder’s Notes (a “Change of Control Offer”) at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest and Additional Interest, if any, on the Notes repurchased, if any, to the date of purchase, subject to the rights of Holders of Notes Noteholders on the relevant record date to receive interest due on an interest payment date that is prior to the relevant Interest Payment Date (the “Change of Control Payment”)purchase date. Within 30 ten days following any Change of Control with respect to the NotesControl, the Issuers will send mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Susser Holdings CORP)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect to the NotesControl, the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 200,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Intereston the Notes repurchased to, if anybut not including, to the date of purchase, purchase (subject to the rights of Holders holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date interest payment date if the Notes have not been redeemed or repurchased prior to such date) (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesControl, the Issuers will send deliver a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Horizon Pharma (Horizon Pharma PLC)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect Control, each Holder of Notes will have the right to the Notes, require the Issuers will be required to make an offer (a “Change of Control Offer”) ), in accordance with Section 4.17 of the Indenture, to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Special Interest, if any, to thereon to, but not including, the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date interest payment date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesControl, the Issuers will send provide a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Great Wolf Lodge (Great Wolf Resorts, Inc.)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is a Change of Control with respect to the NotesControl, the Issuers Company will be required to make an offer (a “Change of Control Offer”"CHANGE OF CONTROL OFFER") to each Holder to repurchase all or any part (equal to $2,000 100,000 or an integral multiple multiples of $1,000 in excess thereofabove $100,000) of each Holder’s 's Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased plus accrued and unpaid interest and Additional Interestinterest, if any, on the Notes repurchased to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the "CHANGE OF CONTROL PAYMENT"). Within 10 days following the date on which a Change of Control Payment”). Within 30 days following any Change of Control with respect to the Notesoccurs, the Issuers Company will send mail, by first-class mail, a notice to each Holder Holder, with a copy to the Trustee, setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Maxcom Telecommunications Inc

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is Upon the occurrence of a Change of Control with respect Control, each Holder of Notes will have the right to require the Notes, the Issuers will be required Company to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each that Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased plus accrued and unpaid interest and Additional Interestinterest, if any, on the Notes repurchased to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesControl, the Issuers Company will send deliver (including by electronic means) a notice to each Holder setting forth Holder, with a copy to the procedures governing Trustee, describing the transaction or transactions that constitute the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Vector Group LTD)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is Upon the occurrence of a Change of Control with respect to the NotesTriggering Event, the Issuers will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 1.00 or an integral multiple of $1,000 1.00 in excess thereofof $1.00) of each that Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, to on the Notes repurchased to, but excluding, the date of purchaserepurchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date interest payment date (the “Change of Control Payment”). Within 30 days following any Change of Control with respect to the NotesControl, the Issuers will send deliver a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Indenture (NRG Rema LLC)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is Upon the occurrence of a Change of Control with respect to the NotesControl, the Issuers Company will be required to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each that Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased, plus accrued and unpaid interest and Additional Special Interest, if any, on the Notes repurchased to (but excluding) the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date interest payment date (the “Change of Control Payment”). Within No later than 30 days following any Change of Control with respect to the NotesControl, the Issuers Company will send mail a notice to each Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Indenture (Coeur Mining, Inc.)

REPURCHASE AT THE OPTION OF HOLDER. (a) If there is Upon the occurrence of a Change of Control with respect Control, each Holder of Notes will have the right to require the Notes, the Issuers will be required Company to make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each that Holder’s Notes at a purchase price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof of Notes repurchased plus accrued and unpaid interest and Additional InterestLiquidated Damages, if any, on the Notes repurchased to the date of purchase, subject to the rights of Holders of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date (the “Change of Control Payment”). Within 30 thirty days following any Change of Control with respect to the NotesControl, the Issuers Company will send mail a notice to each Holder setting forth describing the procedures governing transaction or transactions that constitute the Change of Control Offer as required by the Indenture.

Appears in 1 contract

Samples: Indenture (Vector Group LTD)

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