Common use of Repurchase of Notes at the Option of Holders Clause in Contracts

Repurchase of Notes at the Option of Holders. If a Change of Control occurs, each Holder will have the right, subject to certain conditions specified in the Indenture, to require the Issuer to repurchase all or any part of such Holder’s Notes at a purchase price in cash equal to 101% of the principal amount of the Notes, plus accrued and unpaid interest to the date of purchase (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date) as provided in, and subject to the terms of, the Indenture. In accordance with Section 4.08 of the Indenture, the Issuer will be required to, or may be permitted to, offer to purchase Notes upon the occurrence of certain events, including certain Asset Dispositions.

Appears in 5 contracts

Samples: Supplemental Indenture (Altice USA, Inc.), Supplemental Indenture (Altice USA, Inc.), Supplemental Indenture (Altice USA, Inc.)

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Repurchase of Notes at the Option of Holders. If a Change of Control occurs, each Holder will have the right, subject to certain conditions specified in the Indenture, to require the Issuer Issuers to repurchase all or any part of such Holder’s Notes at a purchase price in cash equal to 101% of the principal amount of the Notes, plus accrued and unpaid interest to the date of purchase (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date) as provided in, and subject to the terms of, the Indenture. In accordance with Section 4.08 of the Indenture, the Issuer Issuers will be required to, or may be permitted to, offer to purchase Notes upon the occurrence of certain events, including certain Asset Dispositions.

Appears in 4 contracts

Samples: Supplemental Indenture (Altice USA, Inc.), Indenture (Altice USA, Inc.), Supplemental Indenture (Altice USA, Inc.)

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Repurchase of Notes at the Option of Holders. If Upon a Change of Control occursControl, each any Holder of Notes will have the right, subject to certain conditions specified in the Indenture, to require cause the Issuer to repurchase all or any part of the Notes of such Holder’s Notes Holder at a purchase price in cash equal to 101% of the principal amount of the Notes, Notes to be repurchased plus accrued and unpaid interest to the date of purchase repurchase (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment datedate that is on or prior to the date of purchase) as provided in, and subject to the terms of, the Indenture. In accordance with Section 4.08 4.06 of the Indenture, the Issuer will be required to, or may be permitted to, to offer to purchase Notes upon the occurrence of certain events, including certain Asset Dispositions.

Appears in 1 contract

Samples: Supplemental Indenture (Goodyear Tire & Rubber Co /Oh/)

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