Transaction Redemption. Upon the occurrence of a Change of Control or a Qualified Sale, the Issuer shall provide to each holder of Notes a notice of offer to redeem up to 100% of the then-outstanding principal amount of the Notes held by such holder (a “Transaction Redemption”), at the Redemption Price. Each Lender shall have twenty (20) Business Days following receipt of such notice to notify the Issuer of such Lender’s acceptance of the offer to tender all or any portion of its Notes.
Appears in 5 contracts
Samples: Fifth Note Purchase Agreement (Virgin America Inc.), Note Purchase Agreement (Virgin America Inc.), Third Note Purchase Agreement (Virgin America Inc.)
