Examples of Control Change Payment Date in a sentence
The Control Change Payment Date shall be not later than 30 days after the Change of Control Date, in the event that such Declaration Notice is served on or prior to the Change of Control Date, or 30 days after the date such Declaration Notice is served, if such Declaration Notice is not served on or prior to the Change of Control Date.
All Loans of such Lender shall be prepaid, together with accrued interest thereon and the Change of Control Premium, on the Control Change Payment Date if such Lender delivers to Company a written notice (the “Declaration Notice”) to prepay such Lender’s Loans (which notice may provide, at such Lender’s option, for a partial prepayment of such Lender’s Loans).
Company shall prepay, and shall cause its Subsidiaries to distribute to Company sufficient funds to prepay, in full on the Control Change Payment Date all Loans for which a Declaration Notice has been issued, together with accrued interest and the Change of Control Premium thereon.
The Control Change Payment Date shall not be more than 30 days after the Change of Control Date.
The Borrower shall prepay in part on the Control Change Payment Date, in accordance with the applicable Response Notice, each Second Lien Facility Loan for which a Response Notice has been delivered specifying partial prepayment of such Second Lien Facility Loans.
The Borrowers shall prepay in part on the Control Change Payment Date, in accordance with the applicable Response Notice, each Loan for which a Response Notice has been delivered specifying partial prepayment of such Loans.
If on or prior to the Response Date a Lender provides a Response Notice declining prepayment of such Lender's Second Lien Facility Loans, the Second Lien Facility Loans of such Lender shall not be prepaid on the Control Change Payment Date.
All Second Lien Facility Loans of such Lender shall be prepaid in full on the Control Change Payment Date unless on or prior to the Response Date such Lender delivers to the Borrower written notice (the "Response Notice") (i) not to prepay such Lender's Second Lien Facility Loans or (ii) to partially prepay such Lender's Second Facility Loans.
All Notes properly tendered to the Company in connection with the Control Change Notice shall be prepaid in full together with accrued interest thereon and the Applicable Premium on the Control Change Payment Date.
In the event that a Control Change Notice is given and a holder of the Notes fails to provide a Declaration Notice within the time period set forth above, the Notes held by such holder shall be prepaid on the Control Change Payment Date, together with accrued interest thereon.