Common use of Purchase of Securities at Option of Holder Upon a Fundamental Change Clause in Contracts

Purchase of Securities at Option of Holder Upon a Fundamental Change. Upon a Fundamental Change, at the option of the Holder and subject to the terms and conditions of the Indenture, the Company shall become obligated to purchase for cash all or any part specified by the Holder (so long as the principal amount of such part is $1,000 or an integral multiple of $1,000) of the Securities held by such Holder on the date specified by the Company in accordance with the provisions of Article 3 of the Indenture.

Appears in 7 contracts

Samples: Indenture (Imperial Holdings, Inc.), Indenture (Osi Pharmaceuticals Inc), Indenture (Stewart Information Services Corp)

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Purchase of Securities at Option of Holder Upon a Fundamental Change. Upon a Fundamental Change, at the option of the Holder and subject to the terms and conditions of the Indenture, the Company shall become obligated to purchase for cash all or any part specified by the Holder (so long as the principal amount of such part is $1,000 or an integral multiple of $1,0001,000)(3) of the Securities held by such Holder on the date specified by the Company in accordance with the provisions of Article 3 of the Indenture.

Appears in 2 contracts

Samples: Indenture (Emergent Capital, Inc.), Indenture (Emergent Capital, Inc.)

Purchase of Securities at Option of Holder Upon a Fundamental Change. Upon a Fundamental Change, at the option of the Holder and subject to the terms and conditions of the Indenture, the Company shall become obligated to purchase for cash all or any part specified by the Holder (so long as the principal amount of such part is $1,000 1.00 or an integral multiple of $1,0001.00) of the Securities held by such Holder on the date specified by the Company in accordance with the provisions of Article 3 of the Indenture.

Appears in 1 contract

Samples: First Supplemental Indenture (Emergent Capital, Inc.)

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Purchase of Securities at Option of Holder Upon a Fundamental Change. Upon a Fundamental Change, at the option of the Holder and subject to the terms and conditions of the Indenture, the Company shall become obligated to purchase for cash all or any part specified by the Holder (so long as the principal amount of such part is $1,000 or an integral multiple of $1,0001,000)(2) of the Securities held by such Holder on the date specified by the Company in accordance with the provisions of Article 3 of the Indenture.

Appears in 1 contract

Samples: Indenture (Emergent Capital, Inc.)

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