Common use of Limitation on Change of Control Clause in Contracts

Limitation on Change of Control. (a) Upon the occurrence of a Change of Control, each Holder will have the right to require that the Company purchase all or a portion of such Holder's Securities pursuant to the offer described below (the "Change of Control Offer"), at a purchase price equal to 101% of the principal amount thereof plus accrued interest to the date of purchase.

Appears in 3 contracts

Samples: Indenture (Color Spot Nurseries Inc), Color Spot Nurseries Inc, Color Spot Nurseries Inc

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Limitation on Change of Control. (a) Upon the occurrence of a Change of Control, each Holder will have the right to require that the Company to purchase all or a portion (in integral multiples of $1,000) of such Holder's Securities ’s Notes that are outstanding on the date of purchase using immediately available funds pursuant to the offer described below (the "Change of Control Offer"), at a purchase price in cash equal to 101% of the principal amount thereof thereof, plus accrued and unpaid interest to the such date of purchase.

Appears in 2 contracts

Samples: McLeodUSA Holdings Inc, McLeodusa Inc

Limitation on Change of Control. (a) Upon the occurrence of a Change of Control, each Holder will have the right to require that the Company purchase all or a portion repurchase of such Holder's Securities pursuant to the offer described below (the "Change of Control Offer"), at a purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest to the date of purchaserepurchase (the "Change of Control Offer Price").

Appears in 1 contract

Samples: Smiths Food & Drug Centers Inc

Limitation on Change of Control. (a) Upon the occurrence of a Change of Control, each Holder will have the right to require that the Company purchase all or a portion of such Holder's Securities pursuant to the offer described below (the "Change of Control OfferCHANGE OF CONTROL OFFER"), at a purchase price equal to 101% of the principal amount thereof plus accrued interest to the date of purchase.

Appears in 1 contract

Samples: Indenture (Metals Usa Inc)

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Limitation on Change of Control. (a) Upon the occurrence of a Change of Control, each Holder will have the right to require that the Company purchase all or a portion (in integral multiples of $1,000) of such Holder's Securities Notes using immediately available funds pursuant to the offer described below (the "Change of Control Offer"), at a purchase price in cash equal to 101% of the principal amount Accreted Value thereof on the date of purchase, plus accrued and unpaid interest and Additional Interest, if any, to the date of purchase.

Appears in 1 contract

Samples: Indenture (Eschelon Telecom Inc)

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