Repurchase at the Option of Holders Upon Change of Control Triggering Event. (a) If a Change of Control Triggering Event occurs, unless the Company has exercised its right to redeem the Notes pursuant to the Indenture, the Company shall be required to make an offer to each Holder of the Notes to repurchase all or any part (in excess of $2,000 and in integral multiples of $1,000 principal amount) of that Holder's Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of the Notes repurchased, plus any accrued and unpaid interest on the Notes repurchased to the date of repurchase.
Appears in 3 contracts
Samples: Fourth Supplemental Indenture (Brown & Brown, Inc.), Third Supplemental Indenture (Brown & Brown, Inc.), Indenture (Brown & Brown, Inc.)
Repurchase at the Option of Holders Upon Change of Control Triggering Event. (a) If a Change of Control Triggering Event occurs, unless the Company has exercised its right to redeem the Notes pursuant to the Indenture, the Company shall be required to make an offer to each Holder of the Notes to repurchase all or any part (in excess of $2,000 and in integral multiples of $1,000 principal amount) of that Holder's ’s Notes at a repurchase price in cash equal to 101% of the aggregate principal amount of the Notes repurchased, plus any accrued and unpaid interest on the Notes repurchased to the date of repurchase.
Appears in 2 contracts
Samples: Fifth Supplemental Indenture (Brown & Brown, Inc.), First Supplemental Indenture (Brown & Brown Inc)
