Examples of Exempted Fundamental Change in a sentence
If a Fundamental Change (other than an Exempted Fundamental Change) occurs, then each Holder will have the right to require the Company to repurchase such Holder’s Notes (or any portion thereof in an Authorized Denomination) for cash in the manner, and subject to the terms, set forth in Section 4.02 of the Indenture.
Upon delivery of such notice, a Holder may surrender all or a portion of its Notes for conversion until the earlier of (i) the Business Day immediately preceding the related Fundamental Change Repurchase Date (or, if such transaction is an Exempted Fundamental Change or does not constitute a Fundamental Change, the 35th Trading Day immediately following the effective date of such transaction or event) and (ii) the second Scheduled Trading Day immediately preceding the Maturity Date.