Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Borrower evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of Borrower to require that such Indebtedness of Borrower be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Borrower to be accelerated in any respect, as a result of a change in ownership of the capital stock of Borrower or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Interface Control Debt which requires, or permits the holder(s) of such Interface Control Debt to require, that such Interface Control Debt be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Interface Control Debt to be accelerated in any respect, as a result of a change in ownership of the capital stock of Interface or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Intermet evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of Intermet to require that such Indebtedness of Intermet be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Intermet to be accelerated in any respect, as a result of a change in ownership of the capital stock of Intermet or voting rights with respect thereto or a change in the composition of the board of directors of Intermet.
Examples of Change in Control Provision in a sentence
Section 2(b) of the resolutions dated August 17, 1990 to the Program is amended by inserting at the end thereof the following: For purposes of this Change in Control Provision, an Approved Change in Control shall not constitute a Change in Control.
Change in Control Provision As used herein, a Change in Control and related definitions shall have the meanings as set forth in Section 7.4 (C) below.
The Change in Control Provision provides investors with the right to require the Company to repurchase all or any part of their Term Notes in cash at a price equal to 100% of the principal amount plus accrued and unpaid interest.
More Definitions of Change in Control Provision
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Sponsor evidencing debt or a commitment to extend loans in excess of $2,000,000 which requires, or permits the holder(s) of such Indebtedness of Sponsor to require that such Indebtedness of Sponsor be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Sponsor to be accelerated in any respect, as a result of a change in ownership of the capital stock of Sponsor or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of any Consolidated Company evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of such Consolidated Company to require, that such Indebtedness of such Consolidated Company be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of such Consolidated Company be accelerated in any respect, as a result of a change in ownership of the Capital Securities of such Consolidated Company or voting rights with respect thereto or a change in the composition of the board of directors of such Consolidated Company.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Parent evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of Parent to require that such Indebtedness of Parent be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Parent to be accelerated in any respect, as a result of a change in ownership of the Capital Stock of Parent or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in --------------------------- any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of Hughes evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of Hughes to require that such Indebtedness of Hughes be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Hughes to be accelerated in any respect, as a result of a change in ownership of the capital stock of Hughes or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Indebtedness of the Company evidencing debt or a commitment to extend loans in excess of $5,000,000 which requires, or permits the holder(s) of such Indebtedness of the Company to require that such Indebtedness of the Company be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of the Company to be accelerated in any respect, as a result of a change in ownership of the capital stock of the Company or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note, or other agreement or document evidencing or governing Parent Control Debt which requires, or permits the holder(s) of such Parent Control Debt to require, that such Parent Control Debt be redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Parent Control Debt to be accelerated in any respect, as a result of a change in ownership of the capital stock of Parent or voting rights with respect thereto.
Change in Control Provision means any term or provision contained in any indenture, debenture, note or other agreement or document evidencing or governing Indebtedness of Nelsxx xxxdencing debt or a commitment to extend loans in excess of $1,000,000.00 which requires or permits the holder(s) of such Indebtedness of Nelsxx xx require that such Indebtedness of Nelsxx xx redeemed, repurchased, defeased, prepaid or repaid, either in whole or in part, or the maturity of such Indebtedness of Nelsxx xx be accelerated in any respect, as a result of a change in ownership of the capital stock of Nelsxx xx voting rights with respect thereto.