Common use of Repurchase at the Option of Holders upon Change of Control Clause in Contracts

Repurchase at the Option of Holders upon Change of Control. (h) Upon the occurrence of a Change of Control Triggering Event, each Holder shall have the right to require the Issuer to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such Holder’s Notes pursuant to the offer described below (the “Change of Control Offer”) at an offer price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, thereon to but excluding the purchase date, subject to the right of Holders of record on the relevant record date to receive interest due on the relevant Interest Payment Date falling on or after the Change of Control Payment Date.

Appears in 1 contract

Samples: Supplemental Indenture (Mueller Water Products, Inc.)

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Repurchase at the Option of Holders upon Change of Control. (ha) Upon the occurrence of a Change of Control Triggering EventControl, each Holder shall have the right to require the Issuer to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such Holder’s Notes pursuant to the offer described below (the “Change of Control Offer”) at an offer price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, thereon to but excluding the purchase date, subject to the right of Holders of record on the relevant record date to receive interest due on the relevant Interest Payment Date falling on or after the Change of Control Payment Date.

Appears in 1 contract

Samples: Supplemental Indenture (Cooper-Standard Holdings Inc.)

Repurchase at the Option of Holders upon Change of Control. (ha) Upon the occurrence of a Change of Control Triggering EventControl, each Holder shall have the right to require the Issuer to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such Holder’s Notes pursuant to the offer described below (the “Change of Control Offer”) at an offer price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, thereon to but excluding the purchase date, subject to the right of Holders of record on the relevant record date to receive interest due on the relevant Interest Payment Date falling on or after prior to the Change of Control Payment Date.

Appears in 1 contract

Samples: Indenture (Cooper-Standard Holdings Inc.)

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Repurchase at the Option of Holders upon Change of Control. (ha) Upon the occurrence of a Change of Control Triggering EventControl, each Holder of Notes shall have the right to require the Issuer to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such Holder’s Notes pursuant to the offer described below (the “Change of Control Offer”) at an offer price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof, thereof plus accrued and unpaid interest, if any, thereon to to, but excluding excluding, the date of purchase date, (subject to the right rights of Holders of record on the relevant record date Notes to receive interest due on the relevant Interest Payment Date falling be purchased on or after the record date for the payment of interest to receive interest on the relevant interest payment date) (the “Change of Control Payment DatePayment”).

Appears in 1 contract

Samples: Indenture (Ingevity Corp)

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