Common use of Repurchase Event Clause in Contracts

Repurchase Event. A "Repurchase Event" shall be deemed to occur (i) upon the occurrence of a Change in Control, (ii) in the event that the Company fails to obtain either of the Stockholder Approvals on or before March 9, 2000 or (iii) in the event that the Notes are not mandatorily converted into shares of Common Stock in accordance with Article Fourteen on or before March 9, 2000, provided that the date set forth in clauses (ii) and (iii) may be extended to March 31, 2000 with the consent of the registered holders of a majority of the aggregate principal amount of the Notes and the Convertible Notes, considered as a single class, at the time Outstanding.