Repurchase of Securities. AT THE OPTION OF THE HOLDER UPON A CHANGE IN CONTROL ..... 93
Repurchase of Securities at Option of the ----------------------------------------- Holder upon Change of Control. -----------------------------
(a) In the event that a Change of Control Triggering Event occurs, each Holder of Securities shall have the right, at such Holder's option, subject to the terms and conditions of this Indenture, to require the Issuers to repurchase all or any part of such Holder's Securities (provided, that the principal amount of such Securities must be $1,000 or an integral multiple thereof) on the date that is no later than 45 Business Days after the occurrence of such Change of Control Triggering Event (the "Change of Control Purchase Date"), at a ------------------------------- cash price equal to 101% of the principal amount thereof (the "Change of Control Purchase Price"), together with accrued and -------------------------------- unpaid interest (and Liquidated Damages), if any, to the Change of Control Purchase Date.
(b) In the event that, pursuant to this Section 10.1, the Issuers shall be required to commence an offer to purchase Securities (a "Change of Control Offer"), the Issuers ----------------------- shall follow the procedures set forth in this Section 10.1 as follows:
(1) the Change of Control Offer shall commence within 20 Business Days following the Change of Control Triggering Event;
(2) the Change of Control Offer shall remain open for at least 20 Business Days;
(3) within 5 Business Days following the expiration of a Change of Control Offer, the Issuers shall purchase all of the tendered Securities at the Change of Control Purchase Price, plus accrued interest (and Liquidated Damages, if any);
(4) if the Change of Control Purchase Date is on or after an interest payment record date and on or before the related interest payment date, any accrued interest (and Liquidated Damages, if any) will be paid to the person in whose name a Security is registered at the close of business on such record date, and no additional interest will be payable to Securityholders who tender Securities pursuant to the Change of Control Offer;
Repurchase of Securities. AT THE OPTION OF THE HOLDER UPON A CHANGE IN CONTROL
Repurchase of Securities at the Option of Holders upon Change of Control ------------------------------------------------------------------------ Upon a Change of Control, any Holder of Securities will have the right, subject to certain conditions specified in the Indenture, to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price equal to 101% of the principal amount of the Securities to be repurchased plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date that is on or prior to the date of purchase) as provided in, and subject to the terms of, the Indenture.
Repurchase of Securities. Purchase, redeem or otherwise acquire any of its own capital stock or purchase, acquire, redeem, retire or make any payment on account of the principal of any indebtedness of Borrower, except at the stated maturity of such indebtedness, and except payments of indebtedness incurred under this Agreement.
Repurchase of Securities at the Option of the Holder Upon a Change of Control
Repurchase of Securities. The Issuer or any subsidiary of the Issuer may at any time subject to prior approval of the FSA, if such approval is required under applicable Japanese laws or regulations then in effect, purchase any or all of the Securities in the open market or otherwise at any price. Upon such repurchase, the Trustee shall, in accordance with Section 2.10, cancel any Securities so purchased that are surrendered to it. Subject to applicable law, neither the Issuer nor any subsidiary of the Issuer shall have any obligation to offer to purchase any Securities held by any Holder as a result of its purchase or offer to purchase Securities held by any other Holder in the open market or otherwise. The provisions of this Section 11.06 are subject to modification in accordance with Section 2.03.
Repurchase of Securities at the Option of Holders upon Change of Control and ---------------------------------------------------------------------------- Asset Dispositions ------------------ Upon a Change of Control, any Holder of Securities will have the right, subject to certain conditions specified in the Indenture, to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price equal to 101% of the principal amount of the Securities to be repurchased plus accrued and unpaid interest and liquidated damages, if any, to the date of repurchase (subject to the right of Holders of record on the relevant record date to receive interest due and liquidated damages, if any, on the relevant interest payment date that is on or prior to the date of purchase) 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 Securities upon the occurrence of certain events.
Repurchase of Securities. AT THE OPTION OF THE HOLDER UPON A FUNDAMENTAL CHANGE
