Change of Control Put Option Receipt definition

Change of Control Put Option Receipt means a receipt issued by a Paying Agent to a depositing Noteholder upon deposit of a Note with such Paying Agent by any Noteholder wanting to exercise a right to redeem a Note pursuant to Condition 9(f) (Change of control redemption);
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Change of Control Put Option Receipt means a receipt delivered by a Paying Agent in relation to a Definitive Note or a Note Certificate which is the subject of a Change of Control Put Option Notice, substantially in the form set out in Schedule 5 (Form of Put Option Receipt / Change of Control Put Option Receipt) or such other form as may from time to time be agreed between the relevant Issuer and the Principal Paying Agent and distributed to each Paying Agent;
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Examples of Change of Control Put Option Receipt in a sentence

  • The Issuer shall redeem or at the option of the Issuer purchase (or procure the purchase of) each Note in respect of which a Change of Control Put Option Receipt has been issued on the date (the “Optional Change of Control Redemption Date”) which is the seventh Payment Day after the last day of the Change of Control Put Period.

  • In the event that, pursuant to such Conditions and the Agency Agreement, the depositor of such Note(s) becomes entitled to their return, we will return such Definitive Note(s) to the depositor against presentation and surrender of this [Put Option Receipt / Change of Control Put Option Receipt].

  • For the path hs+iT1 , we can divide the burst into two parts (or bursts): (1)the set of all non-compulsory transitions (including s+ ) and (2) the unconditional part of the burst, T1 in this case.

  • In the event that, pursuant to such Terms and Conditions and the Agency Agreement, the depositor of such Note Certificate(s) becomes entitled to their return, we will return such Note Certificate(s) to the depositor against presentation and surrender of this Change of Control Put Option Receipt.

  • The Paying Agent to which this Note and Put Exercise Notice are delivered will issue to the holder concerned a non-transferable receipt (a Change of Control Put Option Receipt) in respect of this Note so delivered or, in the case of a Global Note or Note in definitive form held through Euroclearor Clearstream, Luxembourg, notice so received.

  • The Issuer shall redeem or, at the option of the Issuer, purchase (or procure the purchase of) each Note in respect of which a Change of Control Put Option Receipt has been issued on the date (the Optional Redemption Date (Change of Control)) which is the seventh day after the last day of the Put Period, unless previously redeemed or purchased.

Related to Change of Control Put Option Receipt

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Notes and the Securities issued together with the Notes), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.

  • Change of Control means the occurrence of any of the following:

  • Change of Control Period means the period commencing on the date hereof and ending on the third anniversary of the date hereof; provided, however, that commencing on the date one year after the date hereof, and on each annual anniversary of such date (such date and each annual anniversary thereof shall be hereinafter referred to as the "Renewal Date"), unless previously terminated, the Change of Control Period shall be automatically extended so as to terminate three years from such Renewal Date, unless at least 60 days prior to the Renewal Date the Company shall give notice to the Executive that the Change of Control Period shall not be so extended.

  • Non-Control Transaction means a merger, consolidation or reorganization of the Company where:

  • Change of Control Date means the date on which a Change of Control occurs.

  • Change of Control Event means the occurrence of an event or series of events whereby one or more Persons, acting together, acquire control over the Issuer and where “control” means (a) acquiring or controlling, directly or indirectly, more than fifty (50.00) per cent. of the voting shares of the Issuer, or (b) the right to, directly or indirectly, appoint or remove the whole or a majority of the directors of the board of directors of the Issuer.