Repurchase of Notes upon a Change of Control. The Company must commence, within 30 days of the later of (1) the occurrence of a Change of Control, and (2) a Rating Decline, and consummate an Offer to Purchase for all Notes then outstanding, at a purchase price equal to 101% of their principal amount, plus accrued interest (if any) to the Payment Date; provided that the Company shall not be required to make an Offer to Purchase unless a Rating Decline occurs. The Company will not be required to make an Offer to Purchase upon the occurrence of a Change of Control, if a third party makes an offer to purchase the Notes in the manner, at the times and price and otherwise in compliance with the requirements of the Indenture applicable to an Offer to Purchase for a Change of Control and purchases all Notes validly tendered and not withdrawn in such offer to purchase.
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Samples: Indenture (E Trade Financial Corp), Indenture (E Trade Financial Corp), Indenture (E Trade Financial Corp)
Repurchase of Notes upon a Change of Control. The Company must commence, within 30 days of the later of (1) the occurrence of a Change of Control, and (2) a Rating Decline, and consummate an Offer to Purchase for all Notes then outstanding, at a purchase price equal to 101% of their principal amount, plus accrued interest (if any) to the Payment Date; provided that the Company shall not be required to make an Offer to Purchase unless a Rating Decline occurs. The Company will not be required to make an Offer to Purchase upon the occurrence of a Change of Control, if a third party makes an offer to purchase the Notes in the manner, at the times and price and otherwise in compliance with the requirements of the this Indenture applicable to an Offer to Purchase for a Change of Control and purchases all Notes validly tendered and not withdrawn in such offer to purchase.
Appears in 2 contracts
Samples: Indenture (E Trade Financial Corp), Indenture (E Trade Financial Corp)
Repurchase of Notes upon a Change of Control. The Following a Change of Control, unless the Company shall have exercised its right to redeem the Notes pursuant to Section 3.01, the Company must commence, within 30 days of the later of (1) after the occurrence of a such Change of Control, and (2) a Rating Decline, and consummate an Offer to Purchase for all Notes then outstanding, at a purchase price equal to 101% of their the principal amountamount thereof, plus accrued interest (if any) to the Payment Date; provided that the Company shall not be required to make an Offer to Purchase unless a Rating Decline occursdate of purchase. The Company will not be required to make an Offer to Purchase upon the occurrence of following a Change of Control, Control if a third party makes an offer the Offer to purchase the Notes Purchase in the manner, at the times and price and otherwise in compliance with the requirements of the set forth in this Indenture applicable to an Offer to Purchase for made by the Company following a Change of Control and purchases all Notes validly tendered and not withdrawn in under such offer Offer to purchasePurchase.
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Samples: Indenture (Graphic Packaging Corp)
Repurchase of Notes upon a Change of Control. The Company must commence, within 30 days of the later of (1) the occurrence of a Change of Control, and (2) a Rating Decline, and consummate an Offer to Purchase for all Notes then outstanding, at a purchase price equal to 101% of their principal amount, plus accrued interest (if any) to the Payment Date; provided that the Company shall not be required to make an Offer to Purchase unless a Rating Decline occurs. The Company will not be required to make an Offer to Purchase upon the occurrence of a Change of Control, if (i) the Company has exercised its right to optionally redeem all of the Notes and has so redeemed, or will contemporaneously redeem, all of the Notes or (ii) a third party makes an offer to purchase the Notes in the manner, at the times and price and otherwise in compliance with the requirements of the this Indenture applicable to an Offer to Purchase for a Change of Control and purchases all Notes validly tendered and not withdrawn in such offer Offer to purchasePurchase.
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Samples: Indenture (WEX Inc.)
Repurchase of Notes upon a Change of Control. The Company must commence, within 30 days of the later of (1) the occurrence of a Change of Control, and (2) a Rating Decline, and consummate an Offer to Purchase for all Notes of each series then outstanding, at a purchase price equal to 101% of their principal amount, plus accrued interest (if any) to the Payment Date; provided that the Company shall not be required to make an Offer to Purchase unless a Rating Decline occurs. The Company will not be required to make an Offer to Purchase with respect to a series of Notes upon the occurrence of a Change of Control, if a third party makes an offer to purchase the Notes of such series in the manner, at the times and price and otherwise in compliance with the requirements of the this Indenture applicable to an Offer to Purchase for a Change of Control and purchases all such Notes validly tendered and not withdrawn in such offer to purchase.
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Repurchase of Notes upon a Change of Control. The Company must commence, within 30 days of the later of (1) the occurrence of a Change of Control, and (2) a Rating Decline, and consummate an Offer to Purchase for all Notes then outstanding, at a purchase price of the 2010 Notes equal to 101% of their principal amount, plus accrued and unpaid interest (if any) to the Payment Date and of the 2008 Notes at par value, plus accrued and unpaid interest (if any) to the Payment Date; provided that the Company shall not be required to make an Offer to Purchase unless a Rating Decline occurs. The Company will not be required to make an Offer to Purchase upon the occurrence of a Change of Control, if a third party makes an offer to purchase the Notes in the manner, at the times and price and otherwise in compliance with the requirements of the this Indenture applicable to an Offer to Purchase for a Change of Control and purchases all Notes validly tendered and not withdrawn in such offer Offer to purchasePurchase.
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