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. Date has the meaning provided in Condition 7.5.

Examples of Change of Control Put in a sentence

  • A Change of Control Put Notice, once given, shall be irrevocable.

  • The Issuer shall redeem or purchase (or procure the purchase of) the relevant Notes on the Change of Control Put Date unless previously redeemed (or purchased) and cancelled.

  • The Paying Agent to which such Note and Change of Control Put Notice are delivered will issue to the Noteholder concerned a non-transferable receipt in respect of the Note so delivered.

  • A Change of Control Put Exercise Notice, once delivered, shall be irrevocable and the Issuer shall redeem the Notes which are the subject of Change of Control Put Exercise Notices delivered as aforesaid on the Change of Control Put Date.

  • Each new Certificate to be issued pursuant to Condition 2(b) (Transfer of Registered Notes) or Condition 2(c) (Exercise of Options or Partial Redemption in Respect of Registered Notes) shall be available for delivery within three business days of receipt of the form of transfer or Put Exercise Notice (as defined in Condition 6(e) (Guarantor Change of Control Put)) and surrender of the Certificate for exchange.


More Definitions of Change of Control Put

Change of Control Put shall have the meaning set forth in Section 10.4.
Change of Control Put shall have the meaning set forth in Section 9(a)(ii).
Change of Control Put. Event” will be deemed to occur if a Change of Control has occurred and during the Change of Control Period either (i) a withdrawal or downgrade occurs to any one or more credit ratings assigned to the relevant series of Notes so that none of the Rating Agencies then rating such series of Notes assign an Investment Grade rating to such series of Notes and, within the Change of Control Period, any one or more of such ratings is not subsequently (in the case of a downgrade) upgraded or (in the case of a withdrawal) reinstated to an Investment Grade; provided that (A) where a rating has been changed, the relevant Rating Agency announces publicly or confirms in writing to the relevant Issuer or Haleon that such change resulted, in whole or in part, in anticipation of, or as a result of the occurrence of, the Change of Control; (B) in the case of a Potential Change of Control Announcement, a Change of Control Put Event will be deemed to have occurred only if and when the Change of Control referred to in such Potential Change of Control Announcement subsequently occurs; and (C) if there is only one credit rating assigned to the relevant series of Notes, a Change of Control Put Event can only occur if that credit rating changes so that the relevant Rating Agency does not assign an Investment Grade rating to the Notes or (ii) a Negative Rating Event occurs. For the avoidance of doubt, a Change of Control Put Event will not have occurred, where the Notes were rated by the Rating Agencies below Investment Grade on or before a Change of Control has occurred and such rating has not been withdrawn or downgraded as a result of the Change of Control.
Change of Control Put. Option Notice”) and in which the holder must specify a bank account to which payment is to be made under this paragraph accompanied by the applicable Definitive Note or Notes or evidence satisfactory to the Paying Agent concerned that the certificate for such Notes will, following the delivery of the Change of Control Put Option Notice, be held to its order or under its control. The Issuer shall redeem or purchase (or procure the purchase of) the Notes the subject of each Change of Control Put Option Notice on the date (the “Change of Control Put Date”) 14 days after the expiration of the Change of Control Put Period unless previously redeemed or purchased and cancelled. A Change of Control Put Option Notice given by a holder of any Note shall be irrevocable except where, prior to the due date of redemption, an Event of Default has occurred and is continuing, in which event such holder, at its option, may elect by notice to the Issuer to withdraw the Change of Control Put Option Notice and require the applicable Definitive Note or Notes to be returned. For the purposes of this Condition 7(g), a “Change of Control” will occur at any time that any “person” or “group” (within the meaning of Sections 13(d) or 14(d) of the U.S. Exchange Act) other than Permitted Holders:
Change of Control Put shall have the meaning set forth in Section 5.02(b).
Change of Control Put is specified as being applicable in the applicable Final Terms. This Condition 7.4 applies to Notes which are subject to redemption or purchase prior to the Maturity Date at the option of the Noteholder, such option being referred to as a “Change of Control Put”. The applicable Final Terms contains provisions applicable to any Change of Control Put and must be read in conjunction with this Condition 7.4 for full information on any Change of Control Put. In particular, the applicable Final Terms will identify the Change of Control Redemption Amount.