Common use of Repurchase Provisions Clause in Contracts

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 5 contracts

Samples: Indenture (Ship Finance International LTD), Indenture (General Maritime Corp/), Indenture (General Maritime Corp / MI)

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Repurchase Provisions. (a) Upon a Change of Control any Holder Securityholder of Securities will have the right to cause the Company Issuers to repurchase all or any part of the Securities of such Holder Securityholder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of Holders Securityholders 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b3.7 (f) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes pari passu notes in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 5 contracts

Samples: Indenture (Star Gas Finance Co), Indenture (Star Gas Partners Lp), Indenture (Star Gas Partners Lp)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities Securityholder will have the right to cause the Company Issuers to repurchase all or any part of the Securities of such Holder Securityholder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of Holders Securityholders 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. (b) In the event of an Asset Disposition Sale that requires the purchase of Securities pursuant to Section 3.7(b3.7(f) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes pari passu notes in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 5 contracts

Samples: Indenture (Star Gas Finance Co), Indenture (Star Gas Partners Lp), Indenture (Star Gas Partners Lp)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company Issuer to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interestinterest and Additional Interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b) of the Indenture, the Company Issuer will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 2 contracts

Samples: Registration Rights Agreement (Nuevo Permian Inc.), Indenture (Nuevo Permian Inc.)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b3.7 (b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 2 contracts

Samples: Indenture (Russell Corp), Indenture (Jiffy Lube International Inc)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b3.14(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 3.14 of the Indenture.

Appears in 2 contracts

Samples: Indenture (Callon Petroleum Co), Indenture (Callon Petroleum Co)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause Control, the Company will be required to offer to repurchase all or any part (equal to $1,000 or an integral multiple thereof) of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment offer to purchase of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 2 contracts

Samples: Indenture (Clayton Williams Energy Inc /De), Indenture (Res Care Inc /Ky/)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause Control, the Company will be required to offer to repurchase all or any part (equal to $1,000 or an integral multiple thereof) of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b) 3.7 of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment offer to purchase of the Securities and any Pari Passu Notes Securities in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 1 contract

Samples: Indenture (Clayton Williams Energy Inc /De)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities Securityholder will have the right to cause the Company Issuers to repurchase all or any part of the Securities of such Holder Securityholder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of Holders Securityholders 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. (b) In the event of an Asset Disposition Sale that requires the purchase of Securities pursuant to Section 3.7(b3.7 (e) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes pari passu notes in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 1 contract

Samples: Indenture (Star Gas Partners Lp)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b3.6(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes Securities in accordance with the procedures set forth in Section 3.7 3.6 of the Indenture.

Appears in 1 contract

Samples: Indenture (Triton Energy LTD)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause Control, the Company will be required to offer to repurchase all or any part (equal to $1,000 or an integral multiple thereof) of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment offer to purchase of the Securities and any Pari Passu Notes Securities in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 1 contract

Samples: Indenture (Clayton Williams Energy Inc /De)

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Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(bSECTION 3.6(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 SECTION 3.6 of the Indenture.

Appears in 1 contract

Samples: Indenture (Georgia Gulf Corp /De/)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to (but excluding) the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b3.6(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 3.6 of the Indenture.

Appears in 1 contract

Samples: Indenture (Georgia Gulf Corp /De/)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section SECTION 3.7(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section SECTION 3.7 of the Indenture.

Appears in 1 contract

Samples: Indenture (Montgomery Open Mri LLC)

Repurchase Provisions. (a) Upon a Change of Control Control, any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to clause (iii)(C) of paragraph (a) of Section 3.7(b) 3.6 of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 3.6 of the Indenture.

Appears in 1 contract

Samples: Indenture (Sather Trucking Corp)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities Securityholder will have the right to cause the Company Issuers to repurchase all or any part of the Securities of such Holder Securityholder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of Holders Securityholders 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. (b) In the event of an Asset Disposition Sale that requires the purchase of Securities pursuant to Section 3.7(b3.7(e) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes pari passu notes in accordance with the procedures set forth in Section 3.7 of the Indenture.

Appears in 1 contract

Samples: Indenture (Star Gas Partners Lp)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) In the event of an Asset Disposition that requires the purchase of Securities pursuant to clause (iii)(C) of paragraph (a) of Section 3.7(b) 3.6 of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 3.6 of the Indenture.

Appears in 1 contract

Samples: Indenture (Sather Trucking Corp)

Repurchase Provisions. (a) Upon a Change of Control any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of 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. (b) . In the event of an Asset Disposition that requires the purchase of Securities pursuant to Section 3.7(b3.14(b) of the Indenture, the Company will be required to apply such Excess Proceeds to the repayment of the Securities and any Pari Passu Notes in accordance with the procedures set forth in Section 3.7 3.14 of the Indenture.

Appears in 1 contract

Samples: Indenture (Callon Petroleum Co)

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