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

Repurchase upon a Change in Control and Asset Sales. (a) Upon the occurrence of a Change of Control, each holder of Notes shall have the right to require that the Company purchase such holder's Notes, in whole or in part in integral multiples of $1,000 principal amount at maturity, at a purchase price in cash of 101% of the Accreted Value thereof on the redemption date, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on relevant record dates to receive interest due on relevant interest payment dates), and (b) upon the occurrence of an Asset Sale, the Company may be obligated to make an offer to purchase all or a portion of the outstanding Notes with a portion of the Net Cash Proceeds of such Asset Sale at a redemption price of 100% of the Accreted Value thereof on the redemption date plus accrued and unpaid interest, if any, to the date of purchase.

Repurchase upon a Change in Control and Asset Sales. (a) Upon the occurrence of a Change of Control, each holder of Notes shall have the right to require that the Company purchase such holder's Notes, in whole or in part in integral multiples of $1,000 1.00 principal amount at maturity, at a purchase price in cash of 101% of the Accreted Value thereof on the redemption date, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on relevant record dates to receive interest due on relevant interest payment dates), and (b) upon the occurrence of an Asset Sale, the Company may be obligated to make an offer to purchase all or a portion of the outstanding Notes with a portion of the Net Cash Proceeds of such Asset Sale at a redemption price of 100% of the Accreted Value thereof on the redemption date plus accrued and unpaid interest, if any, to the date of purchase.

Repurchase upon a Change in Control and Asset Sales. (a) Upon the occurrence of a Change of Control, each holder of Senior Notes shall have the right to require that the Company Issuers purchase such holder's ’s Senior Notes, in whole or in part in integral multiples of $1,000 1.00 principal amount at maturity, at a purchase price in cash of 101100% of the Accreted Value outstanding principal amount thereof on the redemption date, plus accrued and unpaid interest, if any, to the date of purchase (subject to the right of holders of record on relevant record dates to receive interest due on relevant interest payment dates), and (b) upon the occurrence of an Asset Sale, the Company Issuers may be obligated to make an offer to purchase all or a portion of the outstanding Senior Notes with a portion of the Net Cash Proceeds of such Asset Sale at a redemption price of 100% of the Accreted Value outstanding principal amount thereof on the redemption date plus accrued and unpaid interest, if any, to the date of purchase.