Examples of Change of Control Purchase Date in a sentence
The "Change of Control Purchase Date" shall be the date that is 30 Business Days after the date that the Change of Control Notice is delivered to holders of Initial Debentures.
Interest on each Debenture shall cease to accrue from the Maturity Date of such Debenture and, if such Debenture is called for redemption, the Redemption Date fixed for such Debenture and, if such Debenture is called for repayment, the Change of Control Purchase Date fixed for such Debenture, unless, in each case, on or after such Maturity Date, Redemption Date or Change of Control Purchase Date, as the case may be, such payment is improperly withheld or refused.
Upon receipt by the Trustee of a Change of Control Purchase Notice, the Holder of the Debentures in respect of which such Change of Control Purchase Notice was given shall (unless such Change of Control Purchase Notice is withdrawn in accordance with Section 6.6) thereafter be entitled to receive solely the Change of Control Purchase Price, together with accrued and unpaid interest with respect to such Debentures to but excluding the Change of Control Purchase Date.
No later than 9:00 a.m. (Toronto time) two (2) Business Days immediately prior to the Change of Control Purchase Date, the Corporation shall deposit with the Trustee an amount of cash sufficient to pay the aggregate Change of Control Purchase Price of all the Debentures that are to be purchased and repaid as of the Change of Control Purchase Date, together with accrued and unpaid interest on such Debentures.
Notwithstanding the forgoing, if there shall have occurred a Change of Control, and at the time the Issuer shall have sent the notice prescribed by Section 4.06(b) no Default shall have occurred and be continuing, the Holders of the B Notes shall be entitled to receive and retain the Change of Control Purchase Price, notwithstanding that there shall have occurred a Default or Event of Default following the time such notice shall have been sent and on or before the Change of Control Purchase Date.