Change of Control Redemption Period definition

Change of Control Redemption Period means, the period beginning upon receipt of the Change of Control Notice and ending on the consummation of such Change of Control or, in the event a Change of Control Notice is not delivered at least 10 days prior to a Change of Control, at any time, on or after the date which is 10 days prior to a Change of Control and ending 10 days after the consummation of such Change of Control.

Change of Control Redemption Period shall have the meaning set forth in Section 6(a).

Change of Control Redemption Period means the period beginning on the date the Issuer provides notice of the Change of Control Event to the Registrar and the Trustee in accordance with this Condition 9.2 and ending 30 days after that date.

Examples of Change of Control Redemption Period in a sentence

• Such notice shall also indicate the relevant Change of Control Redemption Period (as defined below) and Change of Control Redemption Date.

• Any such notification will indicate the date of the Change of Control, the period in which the early redemption of the Notes may be requested (the Change of Control Redemption Period) and the Change of Control Redemption Date.

• The Change of Control Redemption Period will run for 20 Business Days following the date on which notice of the Change of Control is given to the Noteholders in accordance with Condition 11 (Notices) and, for the purpose of this Condition 6.3, Change of Control Redemption Date means the date specified in the notification of Change of Control by the Issuer, being a date not earlier than 5 nor later than 10 Business Days after expiry of the Change of Control Redemption Period.

• In the event of a Change of Control (as defined below), each Noteholder may, during the Change of Control Redemption Period (as defined below), notify the Issuer, as further provided below, that it requires the early redemption of all or some of its Notes.

• The Issuers may redeem the Senior Notes, in whole or in part, at any time other than during the Change of Control Redemption Period, defined in Section 4.6 below, at a redemption price equal to 100% of the principal amount thereof, plus any accrued and unpaid interest to the Redemption Date.

• At any time after the Exchange Date (other than during a Change of Control Redemption Period), the Company shall have the right to redeem all, or any part (but no less than the lesser of (x) $500,000 in Conversion Amount of this Note and (y) all of the Conversion Amount then remaining under this Note), of the Conversion Amount then remaining under this Note (each, a“Company Optional Redemption Amount”) on the Company Optional Redemption Date (each as defined below) (each, a “Company Optional Redemption”).

• If a Change of Control Event occurs, unless the Issuer redeems the Certificates (in whole but not in part) in accordance with these Conditions (including Condition 9.7), the Profit Rate payable on the Certificates will increase by the Change of Control Margin from (and including) the expiry of the Change of Control Redemption Period.

• If Change of Control Put is specified as being applicable in the applicable Final Terms and a Put Event (as defined below) has occurred, each Noteholder may, during the Change of Control Redemption Period (as defined below), notify the Issuer, as further provided below, that it requires the early redemption of all or some of its Notes.

• The Change of Control Redemption Period will run for 20 Business Days following the date on which notice of the Change of Control is given to the Noteholders in accordance with Condition 13 (Notices) and, for the purpose of this Condition 6.5, Change of Control Redemption Date means the date specified in the notification of Change of Control by the Issuer, being a date not earlier than 5 nor later than 10 Business Days after expiry of the Change of Control Redemption Period.

• Subsidiary means Provimar S.A /Arbodans XXI S.L EMS Ship Supply (Norway) AS EMS Ship Supply (Singapore) Pte Ltd EMS Ship Supply (NL) B.V. EMS Ship Management Denmark A/S EMS Ship Management Singapore Pte Ltd If a Change of Control Event has occurred, each Bondholder shall at any time in the Change of Control Redemption Period have the option to (at each Bondholder’s discretion) require early redemption of up to 50 % of its Bonds (put option) at 100 % of par value plus accrued interest.

More Definitions of Change of Control Redemption Period

Change of Control Redemption Period means, in relation to any Change of Control Event, the period from and including the date on which that Change of Control Event occurs (whether or not the Issuer, Kuveyt Türk or the Certificateholders' Representative has given a Change of Control Notice in respect of such event) to and including the date falling 60 days after the date on which the Change of Control Notice is given, provided that if no Change of Control Notice is given, the Change of Control Redemption Period shall not terminate. The Certificateholders' Representative is under no obligation to ascertain whether a Change of Control Event, or any event which could lead to the occurrence of or could constitute a Change of Control Event, has occurred and, until it shall have actual knowledge or written notice pursuant to the Declaration of Agency to the contrary, the Certificateholders' Representative may assume that no Change of Control Event or other such event has occurred.

Change of Control Redemption Period means the period beginning upon receipt of the Change of Control Notice and ending on the consummation of such Change of Control or, in the event a Change of Control Notice is not delivered at least 10 days prior to a Change of Control, at any time, on or after the date which is 10 days prior to a Change of Control and ending 10 days after the consummation of such Change of Control.

Change of Control Redemption Period means the period commencing on the date on which a Change of Control Event occurs and ending on (and including) the date falling 15 calendar days following the date on which a Change of Control Event occurs or, if later, 15calendar days following the notification of a Change of Control Event pursuant to paragraph(k) of Clause 16.3 (Information: Miscellaneous), provided that in the event of an exercise of the Issuer Conversion Option, the last day of the Change of Control Redemption Period shall be the earlier of the date determined as aforesaid and the day immediately preceding the date on which the Bond Trustee has received the Issuer Conversion Notice.