Examples of Change of Control Put Right in a sentence
Such Change of Control Put Right may be considered a “tender offer” by the Company, or the Company’s designee, and will be conducted in compliance with applicable law and regulations.
Within 20 days after this record date, the Company is required to send a notice to each holder of record of Series B Preferred Units informing the holder of the proposed Change of Control transaction and the Change of Control Put Price for that holder’s Series B Preferred Units and the date by which the holder must return the holder’s election to exercise the holder’s Change of Control Put Right.
After receipt of a Change of Control Notice, a Certificateholder may exercise a Change of Control Put Right during the Change of Control Put Period.
Upon the exercise of a Change of Control Put Right, the Trustee shall redeem the relevant Certificates on the Change of Control Put Date at the Change of Control Put Amount.
A Change of Control Put Right may be exercised in respect of all or any proportion of the Certificates held by that Certificateholder provided that a Change of Control Put Right may only be exercised in respect of the whole of a Certificate.