Change of Control Put definition

Change of Control Put has the meaning set forth in Section 9(a).
Change of Control Put as defined in Section 2.22(b).
Change of Control Put shall have the meaning set forth in Section 10.4.

Examples of Change of Control Put in a sentence

  • The Company shall continue to comply with the Protective Payment Obligations until the entire amount of the Change of Control Put Price is paid in full.

  • Notwithstanding anything to the contrary herein, the failure of the Company to deliver the Initial Change of Control Notice or the Change of Control Put Notice shall not impair the rights of the Holders under this Section 9(b).

  • Upon a Change of Control Put or a Change of Control Call, subject to Section 9(h) below, the Company (or its successor) shall deliver or cause to be delivered to the Holder by wire transfer the Change of Control Put Price or the Change of Control Call Price for such ▇▇▇▇▇▇’s shares of Series C Preferred Stock.

  • The Company shall not take any action that materially impairs the Company’s ability to pay the Change of Control Put Price when due, including by investing available funds in illiquid assets, except for its normal business assets (the covenants described in this Section 9(h), the “Protective Payment Obligations”).

  • Notwithstanding the foregoing, in the event a Holder elects to exercise a Change of Control Put pursuant to this Section 9 at a time when the Company is restricted or prohibited (contractually or otherwise) from redeeming some or all of the Series C Preferred Stock subject to the Change of Control Put, the Company will use its reasonable best efforts to obtain the requisite consents to remove or obtain an exception or waiver to such restrictions or prohibition.


More Definitions of Change of Control Put

Change of Control Put. Date has the meaning provided in Condition 7.5.
Change of Control Put. Event” will be deemed to occur if a Change of Control has occurred and: (a) on the Relevant Announcement Date, the Notes carry from any Rating Agency: (i) an investment grade credit rating (Baa3/BBB-, or equivalent, or better), and such rating from any Rating Agency is, within the Change of Control Period, either downgraded to a Non-Investment Grade Rating or withdrawn and is not, within the Change of Control Period, subsequently (in the case of a downgrade) upgraded or (in the case of a withdrawal) reinstated to an investment grade credit rating by such Rating Agency; or (ii) a Non-Investment Grade Rating and such rating from any Rating Agency is, within the Change of Control Period, either downgraded by one or more notches (by way of example, Bal to Ba2 being one notch) or withdrawn and is not, within the Change of Control Period, subsequently (in the case of a downgrade) upgraded or (in the case of a withdrawal) reinstated to its earlier credit rating or better by such Rating Agency; or (iii) no credit rating and a Negative Rating Event also occurs within the Change of Control Period, provided that if, at the time of the occurrence of the Change of Control, the Notes carry a credit rating from more than one Rating Agency, at least one of which is investment grade, then subparagraph (i) will apply; and 50 (b) in making any decision to downgrade or withdraw a credit rating pursuant to paragraphs (i) and (ii) above or not to award a credit rating of at least investment grade as described in paragraph (ii) of the definition of “Negative Rating Event”, the relevant Rating Agency announces publicly or confirms in writing to the Issuer or the Trustee that such decision(s) resulted, in whole or in part, from the occurrence of the Change of Control or the Relevant Potential Change of Control Announcement;
Change of Control Put shall have the meaning set forth in Section 9(a)(ii).
Change of Control Put is specified as being applicable in the applicable Final Terms, then the following rules shall apply.
Change of Control Put. Date" 10.1 "Custodian" 6.1 "DTC" 2.14.3 "Event of Default" 6.1 "Excess Proceeds" 4.12 "Excess Proceeds Date" 4.12 "Final Put Date" 4.12 "Future Subsidiary Guarantor" 12.3 "Guaranteed Indebtedness" 12.3 "Journal" 13.15 "Judgment Currency" 13.16 "Legal Holiday" 13.7 "mandatory sinking fund payment" 14.1 "Market Exchange Rate" 13.15
Change of Control Put. A put right upon the occurrence of a change of control triggering event as described in the Preliminary
Change of Control Put as defined in Section 2.22(b). “Claiming Guarantor” as defined in Section 7.2(b).