Examples of Put Event Notice in a sentence
In the event of a Put Event, each Noteholder may, during the Put Event Notice Period, serve a Put Option Notice upon the Issuer.
If a Change of Control occurs, the holder of each Note will have the option (a “Put Option”) (unless, prior to the giving of the relevant Put Event Notice (as defined below), the Issuer has given notice of redemption under Condition 7(b) (Redemption for taxation reasons)) to require the Issuer to redeem or, at the Issuer’s option, purchase (or procure the purchase of) that Note on the Put Date (as defined below) at 100 per cent.
The Issuer, will redeem in whole (but not in part) the Notes that are the subject of such Put Option Notice on the Put Event Redemption Date at their principal amount together with accrued interest thereon from, and including, the preceding Interest Payment Date (or the Issue Date, if applicable) to, but excluding, the Put Event Redemption Date.Within five Business Days from occurrence of a Put Event, a Put Event Notice shall be given by the Issuer to Noteholders in accordance with Condition 16 (Notices).
In order to exercise such option, the Holder must submit during normal business hours at the specified office of the Fiscal Agent a duly completed option exercise notice ("Exercise Notice") in the form available from the specified office of the Fiscal Agent within the period (the "Put Period") of 45 days after a Put Event Notice is given.
This Condition 7(e) applies to Notes with an original maturity of more than 20 years.If, at any time while any of the Notes remains outstanding, a Put Event (as defined below) occurs, then the holder of each Note will, upon the giving of a Put Event Notice (as defined below), have the option to require the Issuer to redeem the Note on the Put Date at the Event Put Amount (as specified in the applicable Final Terms), together with interest accrued up to (but excluding) the Put Date.