Change of Control Trigger Event means the occurrence of both a Change of Control and a Rating Decline.
Change of Control Trigger Event means the occurrence of both a Change of Control and, during the period beginning on the earlier of (i) the date of the first public notice or announcement with respect to a Change of Control and (ii) the occurrence of a Change of Control, and, in either case, ending 90 days after the occurrence of such Change of Control, a Ratings Event.
Change of Control Trigger Event means the occurrence of a Change of Control and a Rating Decline.
Examples of Change of Control Trigger Event in a sentence
However, the Company may be required to offer to purchase the Notes upon the occurrence of a Change of Control Trigger Event pursuant to Section 4.06.
The Board must, as soon as reasonably practicable, give written notice to each Participant of a Change of Control Trigger Event.
A Disposal Restriction ceases to apply immediately upon a Change of Control Trigger Event occurring.
A Change of Control Offer may be made in advance of a Change of Control Trigger Event, with the obligation to pay and the timing of payment conditioned upon the occurrence of a Change of Control Trigger Event, if a definitive agreement to effect a Change of Control is in place at the time the Change of Control Offer is made.
The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control Trigger Event.
More Definitions of Change of Control Trigger Event
Change of Control Trigger Event means the occurrence of both a Change of Control and a Rating Decline. “ Clearstream ” means Clearstream Banking, société anonyme, Luxembourg, and any successor thereto.
Change of Control Trigger Event means the occurrence of a Change of Control (x) that is accompanied or followed by a downgrade by one or more gradations (including gradations within ratings categories) or withdrawal of the rating of the Notes within the Ratings Decline Period by at least one Rating Agency and (y) the rating of the Notes on any day during such Ratings Decline Period is below the rating by such Rating Agency in effect immediately preceding the first public announcement of the Change of Control (or occurrence thereof if such Change of Control occurs prior to public announcement), provided that in making the relevant decision(s) referred to above to downgrade or withdraw such ratings, as applicable, the relevant Rating Agency announces publicly or confirms in writing during such Ratings Decline Period that such decision(s) resulted, in whole or in part, from the occurrence (or expected occurrence) of such Change of Control or the announcement of the intention to effect such Change of Control. Notwithstanding the foregoing, no Change of Control Trigger Event will be deemed to have occurred in connection with any particular Change of Control unless and until such Change of Control has actually been consummated.
Change of Control Trigger Event means a Change of Control and a Rating Downgrade Event.
Change of Control Trigger Event means the occurrence of a Change of Control (as defined in each Facility) that may be deemed to occur as a result of Apollo Global Management LLC, Centerbridge Partners L.P. and/or Strategic Value Partners, LLC and/or entities affiliated with any of them, communicating with Borrower or among themselves or entering into agreements with Borrower or among themselves with respect to the acquiring, holding, voting or disposing of shares of the capital stock of Borrower, in each case in connection with the Equity Contribution, which in turn may cause them to be considered a “group” as such term is used in Section 13(d)(3) of the U.S. Securities Exchange Act of 1934 that would beneficially own shares representing more than 30% of the outstanding voting or economic equity interests in Borrower.
Change of Control Trigger Event means the occurrence of both a Change of Control and a Ratings Event. “Clearstream” means Clearstream Banking, S.A. or any successor securities clearing agency.
Change of Control Trigger Event means the occurrence of both a Change of Control and a Rating Decline. “Clearstream” means Clearstream Banking, société anonyme, Luxembourg, and any successor thereto. “Company” means Vistra Operations Company LLC and any and all successors thereto.
Change of Control Trigger Event means the occurrence of a Change of Control that may be deemed to occur as a result of Apollo Global Management LLC, Centerbridge Partners L.P. and/or Strategic Value Partners, LLC and/or entities affiliated with any of them, communicating with Genco or among themselves or entering into agreements with Genco or among themselves with respect to the acquiring, holding, voting or disposing of shares of capital stock of Genco, in each case for the purposes of the Equity Raise (as defined in the Term Sheet), which in turn may cause them to be considered a “group” as such term is used in Section 12(d)(3) of the U.S. Securities Exchange Act of 1934 that would beneficially own shares representing more than 30% of the outstanding voting or economic equity interests in Genco.