Common use of Mandatory Offer to Purchase Notes Clause in Contracts

Mandatory Offer to Purchase Notes. (A) Upon the occurrence of a Change of Control (the date of such occurrence, the “Change of Control Date”), the Lenders shall have the right to require the Company to prepay all of the Loans pursuant to an offer to purchase (the “Change of Control Offer”) at a price equal to (i) on or prior to the Conversion Date, 100% of the aggregate principal amount thereof and (ii) after to the Conversion Date, 101% of the aggregate principal amount thereof, and, in each case, plus accrued interest thereon to the date of repurchase.

Appears in 1 contract

Samples: Bridge Loan (Equinix Inc)

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Mandatory Offer to Purchase Notes. (Ai) Upon the occurrence of a Change of Control (the date of such occurrence, the "Change of Control Date"), the Lenders each Lender shall have the right to require the Company to prepay repurchase of any or all of the Loans Notes pursuant to an offer to purchase (the "Change of Control Offer") at a purchase price equal to (i) on or prior to the Conversion Date, 100% of the aggregate principal amount thereof and (ii) after to the Conversion Date, 101% of the aggregate principal amount thereof, and, in each case, plus accrued interest thereon to the date of repurchase.

Appears in 1 contract

Samples: Credit Agreement (Worldport Communications Inc)

Mandatory Offer to Purchase Notes. (Aa) Upon the occurrence of a Change of Control (the date of such occurrence, the "Change of Control Date"), the Lenders shall have the right to require the Company to prepay repurchase of all of the Loans Notes pursuant to an offer to purchase (the "Change of Control Offer") at a purchase price equal to (i) on or prior to the Conversion Date, 100% of the aggregate principal amount thereof and (ii) after to the Conversion Date, 101% of the aggregate principal amount thereof, and, in each case, plus accrued interest thereon to the date of repurchase.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Renaissance Cosmetics Inc /De/)

Mandatory Offer to Purchase Notes. (Aa) Upon the occurrence of a Change of Control at any time on or after the Conversion Date (the date of such occurrence, the "Change of Control Date"), the Lenders shall have the right to require the Company to prepay repurchase of all of the Loans Notes pursuant to an offer to purchase (the "Change of Control Offer") at a purchase price equal to (i) on or prior to the Conversion Date, 100% of the aggregate principal amount thereof and (ii) after to the Conversion Date, 101% of the aggregate principal amount thereof, and, in each case, plus accrued and unpaid interest thereon to the date of repurchase.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Express Scripts Inc)

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Mandatory Offer to Purchase Notes. (Aa) Upon the occurrence of a Change of Control (the date of such occurrence, the "Change of Control Date"), the Lenders shall have the right to require the Company to prepay repurchase of all of the Loans Notes pursuant to an offer to purchase (the "Change of Control Offer") at a purchase price equal to (i) on or prior to the Conversion Date, 100% of the aggregate principal amount thereof and (ii) after to the Conversion Date, 101% of the aggregate principal amount thereof, and, in each case, plus accrued interest thereon to the date of repurchase.

Appears in 1 contract

Samples: Senior Credit Agreement (Young America Holdings Inc)

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