Common use of Repurchase at the Option of Holders Upon a Change of Control Clause in Contracts

Repurchase at the Option of Holders Upon a Change of Control. (a) Upon the occurrence of a Change of Control, the Company shall, within 30 days following a Change of Control, make an offer (the “Change of Control Offer”) pursuant to the procedures set forth in Section 3.09. Each Holder shall have the right to accept such offer and require the Company to repurchase all or any portion (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such Holder’s Notes pursuant to the Change of Control Offer at a purchase price, in cash (the “Change of Control Payment”), equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, on the Notes repurchased, to the Purchase Date (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date).

Appears in 2 contracts

Samples: Indenture (Great Lakes Dredge & Dock CORP), Indenture (Great Lakes Dredge & Dock CORP)

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Repurchase at the Option of Holders Upon a Change of Control. (a) Upon the occurrence of a Change of Control, the Company Issuers shall, within 30 days following of a Change of Control, make an offer (the "Change of Control Offer") pursuant to the procedures set forth in Section 3.093.09 hereof to repurchase the Notes on the date specified in such notice, which date shall be no earlier than 30 days and no later than 60 days from the date such notice is mailed. Each Holder shall have the right to accept such offer and require the Company Issuers to repurchase all or any portion part (equal to $2,000 1,000 or an integral multiple of $1,000 in excess thereof1,000) of such Holder’s 's Notes pursuant to the Change of Control Offer at a purchase price, in cash (the "Change of Control Payment”Amount"), equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, on the Notes repurchased, repurchased to the Purchase Date (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date).

Appears in 1 contract

Samples: CBD Media LLC

Repurchase at the Option of Holders Upon a Change of Control. (a) Upon the occurrence of a Change of Control, the Company shall, within 30 days following the date upon which a Change of ControlControl occurred, make an offer (the “Change of Control Offer”) pursuant to the procedures set forth in Section 3.093.08. Each Holder shall have the right to accept such offer and require the Company to repurchase all or any portion (equal to $2,000 or an integral multiple of $1,000 in excess thereof1,000) of such Holder’s Notes pursuant to the Change of Control Offer at a purchase price, in cash (the “Change of Control PaymentAmount”), equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interestinterest, if any, on the Notes repurchased, to the Purchase Date (subject to the right of Holders of record on the relevant Regular Record Date record date to receive interest due on an interest payment date falling prior to the relevant Interest Payment Purchase Date).

Appears in 1 contract

Samples: Indenture (Centene Corp)

Repurchase at the Option of Holders Upon a Change of Control. (a) Upon the occurrence of a Change of Control, the Company shall, within 30 10 days following of a Change of Control, make an offer (the “Change of Control Offer”"CHANGE OF CONTROL OFFER") pursuant to the procedures set forth in Section 3.09. Each Holder shall have the right to accept such offer and require the Company to repurchase all or any portion (equal to $2,000 1,000 or an integral multiple of $1,000 in excess thereof1,000) of such Holder’s 's Notes pursuant to the Change of Control Offer at a purchase price, in cash (the “Change of Control Payment”)cash, equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, (the "CHANGE OF CONTROL PURCHASE PRICE") on the Notes repurchased, to the Purchase Date (subject to the right of Holders of record on the relevant Regular Record Date Date) to receive interest due on to, but excluding, the relevant Interest Payment Purchase Date).

Appears in 1 contract

Samples: Texas San Macros Treatment Center Lp

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Repurchase at the Option of Holders Upon a Change of Control. (a) Upon the occurrence of If a Change of ControlControl occurs, the Company shall, within 30 days following a of such Change of Control, make an offer (the “Change of Control Offer”) pursuant to the procedures set forth in Section 3.093.10. Each Holder shall have the right to accept such offer Change of Control Offer and require the Company to repurchase all or any portion part (equal to $2,000 1,000 or an integral multiple of $1,000 in excess thereof1,000) of such that Holder’s Notes pursuant to the Change of Control Offer at a purchase price, in cash (the “Change of Control PaymentAmount”), equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, on the Notes repurchased, to the Purchase Date (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date).

Appears in 1 contract

Samples: Indenture (GNLV Corp)

Repurchase at the Option of Holders Upon a Change of Control. (a) Upon the occurrence of a Change of Control, the Company Companies shall, within 30 10 days following of a Change of Control, make an offer (the "Change of Control Offer") pursuant to the procedures set forth in Section 3.09. Each Holder shall have the right to accept such offer and require the Company Companies to repurchase all or any portion (equal to $2,000 1,000 or an integral multiple of $1,000 in excess thereof1,000) of such Holder’s 's Notes pursuant to the Change of Control Offer at a purchase price, in cash (the “Change of Control Payment”)cash, equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest and Additional Interest, if any, (the "Change of Control Purchase Price") on the Notes repurchased, to the Purchase Date (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on to, but excluding, the relevant Interest Payment Purchase Date).

Appears in 1 contract

Samples: Twi Holdings Inc

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