Common use of Repurchase of Notes at the Option of the Holders upon Change of Control and Asset Sales Clause in Contracts

Repurchase of Notes at the Option of the Holders upon Change of Control and Asset Sales. Upon the occurrence of a Change of Control, each Holder shall have the right, subject to certain conditions specified in the Indenture, to cause the Company to repurchase all or any part of such Holder’s Notes at a purchase price in cash equal to 101% of the principal amount thereof (including any PIK Notes or any increased principal amount of Notes as payment for PIK Interest), plus accrued and unpaid interest to the date of repurchase (subject to the right of the Holders of record on the relevant record date to receive interest due on the relevant interest payment date), as provided in, and subject to the terms of, the Indenture. In accordance with Section 4.06 of the Indenture, the Company will be required to offer to purchase Notes upon the occurrence of certain events.

Repurchase of Notes at the Option of the Holders upon Change of Control and Asset Sales. Upon the occurrence of a Change of Control, each Holder shall have the right, subject to certain conditions specified in the Indenture, to cause the Company Issuers to repurchase all or any part of such Holder’s Fixed Rate Notes at a purchase price in cash equal to 101% of the principal amount thereof (including any PIK Notes or any increased principal amount of Notes as payment for PIK Interest)thereof, plus accrued and unpaid interest interest, if any, to the date of repurchase (subject to the right of the Holders of record of the Fixed Rate Notes at the close of business on the relevant record date to receive interest due on the relevant interest payment date), as provided in, and subject to the terms of, the Indenture. In accordance with Section 4.06 of the Indenture, the Company Issuers will be required to offer to purchase Fixed Rate Notes upon the occurrence of certain events.

Repurchase of Notes at the Option of the Holders upon Change of Control and Asset Sales. Upon the occurrence of If a Change of ControlControl occurs, each Holder shall have the right, subject to certain conditions specified in the Indenture, to cause require the Company to repurchase all or any part a portion of such Holder’s Notes at a purchase price in cash equal to 101% of of, prior to the Full Accretion Date, the Accreted Value thereof and, on or after the Full Accretion Date, the principal amount thereof (including any PIK Notes or any increased principal amount of Notes as payment for PIK Interest), plus accrued and unpaid interest to the date of repurchase (subject to the right of the Holders of record on the relevant record date to receive interest due on the relevant interest payment date), as provided in, and subject to the terms of, the Indenture. In accordance with Section 4.06 4.10 of the Indenture, the Company will be required to offer to purchase Notes upon the occurrence of certain events.