Common use of Repurchase upon a Change in Control and Asset Sales Clause in Contracts

Repurchase upon a Change in Control and Asset Sales. Upon the occurrence of (a) a Change in Control, the Holders of the Notes will have the right to require that the Company purchase such Holder's outstanding Notes, in whole or in part, at a purchase price of 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of purchase and (b) Asset Sales, the Company may be obligated to make offers to purchase Notes with a portion of the Net Cash Proceeds of such Asset Sales at a redemption price of 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase.

Appears in 4 contracts

Samples: Registration Rights Agreement (Supreme International Corp), Tmil Corp, Supreme International Corp

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Repurchase upon a Change in Control and Asset Sales. Upon the occurrence of (a) a Change in Control, the Holders of the Notes will have the right to require that the Company Issuers purchase such Holder's ’s outstanding Notes, in whole or in part, at a purchase price of 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of purchase and (b) Asset Sales, the Company Issuers may be obligated to make offers to purchase Notes and Other Pari Passu Lien Obligations with a portion of the Net Cash Proceeds of such Asset Sales at a redemption price of 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase.

Appears in 3 contracts

Samples: Supplemental Indenture (Clearwire Corp /DE), Indenture (Clearwire Corp /DE), Clearwire Corp /DE

Repurchase upon a Change in Control and Asset Sales. Upon the occurrence of (a) a Change in Control, the Holders of the Notes will have the right to require that the Company purchase such Holder's ’s outstanding Notes, in whole or in part, at a purchase price of 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to to, but not including, the date of purchase and (b) Asset Sales, the Company may be obligated to make offers to purchase Notes and other senior Indebtedness with a portion of the Net Cash Proceeds of such Asset Sales at a redemption price Redemption Price of 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase.

Appears in 2 contracts

Samples: Indenture (Aircastle LTD), Aircastle LTD

Repurchase upon a Change in Control and Asset Sales. Upon the occurrence of (a) a Change in Control, the Holders of the Notes will have the right to require that the Company purchase such Holder's ’s outstanding Notes, in whole or in part, at a purchase price of 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to to, but not including, the date of purchase and (b) Asset Sales, the Company may be obligated to make offers to purchase Notes and other senior Indebtedness with a portion of the Net Cash Proceeds of such Asset Sales at a redemption price of 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase.

Appears in 1 contract

Samples: Aircastle LTD

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Repurchase upon a Change in Control and Asset Sales. Upon the occurrence of (a) a Change in Control, the Holders of the Notes will have the right to require that the Company purchase such Holder's ’s outstanding Notes, in whole or in part, at a purchase price of 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of purchase and (b) Asset Sales, the Company may be obligated to make offers to purchase Notes and Other Pari Passu Lien Obligations with a portion of the Net Cash Proceeds of such Asset Sales at a redemption price of 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase.

Appears in 1 contract

Samples: Intercreditor Agreement (Sealy Corp)

Repurchase upon a Change in Control and Asset Sales. Upon the occurrence of (a) If a Change in Controlof Control occurs at any time, the Holders then each holder of the Notes will shall have the right to require that the Company purchase such Holderholder's outstanding Notes or Additional Notes, as applicable, in whole or in partpart in integral multiples of $1,000, at a purchase price of in cash equal to 101% of the principal amount thereofof such Notes or Additional Notes, plus accrued and unpaid interest, if any, to the date of purchase purchase, pursuant to the offer described below (the "Change of Control Offer") and (b) upon Asset Sales, the Company may be obligated to make offers to purchase Notes with a portion of the Net Cash Proceeds of such Asset Sales at a redemption price of 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of purchase.

Appears in 1 contract

Samples: Execution Copy (Burke Flooring Products Inc)

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