Common use of Repurchase upon Change in Control Clause in Contracts

Repurchase upon Change in Control. Upon the occurrence of any Change of Control, each Holder shall have the right to require the repurchase of its Notes by the Company in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount thereof plus accrued interest, if any, to the date of purchase (the "Change of Control Payment").

Appears in 1 contract

Samples: Indenture (Allegiance Telecom Inc)

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Repurchase upon Change in Control. Upon the occurrence of any Change of Control, each Holder shall have the right to require the repurchase of its Notes by the Company in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount Accreted Value thereof plus accrued and unpaid interest, if any, to the date of purchase (the "Change of Control Payment").

Appears in 1 contract

Samples: Indenture (McCaw International LTD)

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Repurchase upon Change in Control. Upon the occurrence of any Change of Control, each Holder shall have the right to require the repurchase of its Notes by the Company in cash pursuant to the offer to purchase described in the Indenture at a purchase price equal to 101% of the principal amount thereof of the Notes on the relevant Payment Date, plus accrued and unpaid interest, if any, to the date of purchase (the "Change of Control Payment").

Appears in 1 contract

Samples: Indenture (KMC Telecom Holdings Inc)

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