Common use of Change of Control Offer Clause in Contracts

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, however, that notwithstanding the occurrence of a Change of Control, the Issuer shall not be obligated to repurchase the Securities pursuant to this paragraph 7 in the event that the Issuer have exercised their right to redeem all of the Securities under the terms of paragraph 5 hereof).

Appears in 4 contracts

Samples: Indenture (Clean Harbors Inc), Indenture (Clean Harbors Inc), Indenture (Clean Harbors Inc)

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Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, provided however, that notwithstanding the occurrence of a Change of Control, the Issuer shall not be obligated to repurchase the Securities pursuant to this paragraph 7 in the event that the Issuer have exercised their right to redeem all of the Securities under the terms of paragraph 5 hereof).

Appears in 4 contracts

Samples: Indenture (Clean Harbors Inc), Indenture (Clean Harbors Inc), Indenture (Clean Harbors Inc)

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer Issuers will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, provided however, that notwithstanding the occurrence of a Change of Control, the Issuer Issuers shall not be obligated to repurchase the Securities pursuant to this paragraph 7 in the event that the Issuer Issuers have exercised their right to redeem all of the Securities under the terms of paragraph 5 hereof).

Appears in 2 contracts

Samples: Quality Distribution Inc, Quality Distribution Inc

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer Issuers will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, provided however, that notwithstanding the occurrence of a Change of Control, the Issuer Issuers shall not be obligated to repurchase the Securities pursuant to this paragraph 7 10 in the event that the Issuer Issuers have exercised their right to redeem all of the Securities under the terms of paragraph 5 7 hereof).

Appears in 2 contracts

Samples: RPP Capital Corp, RPP Capital Corp

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount Accreted Value thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); providedPROVIDED, howeverHOWEVER, that notwithstanding the occurrence of a Change of Control, the Issuer shall not be obligated to repurchase the Securities pursuant to this paragraph 7 in the event that the Issuer have has exercised their its right to redeem all of the Securities under the terms of paragraph 5 hereof).

Appears in 2 contracts

Samples: Merger Agreement (Salt Holdings Corp), Merger Agreement (Salt Holdings Corp)

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer Issuers will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, however, that notwithstanding the occurrence of a Change of Control, the Issuer Issuers shall not be obligated to repurchase the Securities pursuant to this paragraph 7 in the event that the Issuer Issuers have exercised their right to redeem all of the Securities under the terms of paragraph 5 hereof).

Appears in 2 contracts

Samples: Quality Distribution Inc, Quality Distribution Inc

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount Accreted Value thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, howeverPROVIDED HOWEVER, that notwithstanding the occurrence of a Change of Control, the Issuer shall not be obligated to repurchase the Securities pursuant to this paragraph 7 in the event that the Issuer have has exercised their its right to redeem all of the Securities under the terms of paragraph 5 hereof).

Appears in 2 contracts

Samples: Merger Agreement (Salt Holdings Corp), Merger Agreement (Salt Holdings Corp)

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer Issuers will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, provided however, that notwithstanding the occurrence of a Change of Control, the Issuer Issuers shall not be obligated to repurchase the Securities pursuant to this paragraph 7 8 in the event that the Issuer Issuers have exercised their right to redeem all of the Securities under the terms of paragraph 5 6 hereof).

Appears in 2 contracts

Samples: Quality Distribution Inc, RPP Capital Corp

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Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, however, that notwithstanding the occurrence of a Change of Control, -------- ------- the Issuer shall not be obligated to repurchase the Securities pursuant to this paragraph 7 8 in the event that the Issuer have exercised their right to redeem all of the Securities under the terms of paragraph 5 6 hereof).

Appears in 1 contract

Samples: GSL Corp

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer Issuers will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interestinterest thereon, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment dateInterest Payment Date); provided, however, that notwithstanding the occurrence of a Change of Control, the Issuer Issuers shall not be obligated to repurchase the Securities pursuant to this paragraph 7 Paragraph 8 in the event that the Issuer Issuers have exercised their right to redeem all of the Securities under the terms of paragraph Paragraph 5 hereof).

Appears in 1 contract

Samples: Quality Distribution Inc

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, provided however, that notwithstanding the occurrence of a Change of Control, -------- ------- the Issuer shall not be obligated to repurchase the Securities pursuant to this paragraph 7 8 in the event that the Issuer have exercised their right to redeem all of the Securities under the terms of paragraph 5 6 hereof).

Appears in 1 contract

Samples: GSL Corp

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer Issuers will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interestinterest thereon, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment dateInterest Payment Date); provided, provided however, that notwithstanding the occurrence of a Change of Control, the Issuer Issuers shall not be obligated to repurchase the Securities pursuant to this paragraph 7 Paragraph 8 in the event that the Issuer Issuers have exercised their right to redeem all of the Securities under the terms of paragraph 5 Paragraph 6 hereof).

Appears in 1 contract

Samples: Quality Distribution Inc

Change of Control Offer. Upon the occurrence of a Change of Control, the Issuer Issuers will be required, as and to the extent set forth in the Indenture, to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, thereon to the date of repurchase (subject to the right of Securityholders of record on the relevant record date to receive interest due on the relevant interest payment date); provided, however, that notwithstanding the occurrence of a Change of Control, the Issuer Issuers shall not be obligated to repurchase the Securities pursuant to this paragraph 7 8 in the event that the Issuer Issuers have exercised their right to redeem all of the Securities under the terms of paragraph 5 6 hereof).

Appears in 1 contract

Samples: Quality Distribution Inc

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