Common use of Repurchase of Securities upon a Change of Control Clause in Contracts

Repurchase of Securities upon a Change of Control. (a) Upon a Change of Control, each Holder of the Securities shall have the right to require that the Issuer repurchase such Holder's Securities at a repurchase price in cash equal to 101% of the principal amount thereof plus accrued interest, if any, to the date of repurchase, in accordance with the terms set forth in subsection (b) below.

Repurchase of Securities upon a Change of Control. (a) Upon a Change of Control, each Holder of Securities of a Series to which the Securities Change of Control applies shall have the right to require that the Issuer repurchase such Holder's Securities at a repurchase price in cash equal to 101% of the principal amount thereof plus accrued interest, if any, to the date of repurchase, in accordance with the terms set forth in subsection (b) below.