Common use of REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL Clause in Contracts

REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) In the event that a Change of Control has occurred, each Holder shall have the right, at such Holder's option, pursuant to an irrevocable and unconditional offer by the Company (the "Change of Control Offer"), to require the Company to repurchase all or any part of such Holder's Securities (PROVIDED, that the principal amount of such Securities at maturity must be $1,000 or an integral multiple thereof) on a date (the "Change of Control Purchase Date") that is no later than 35 Business Days after the Occurrence of such Change of Control, at a cash price (the "Change of Control Purchase Price") equal to 101% of the principal amount thereof, together with accrued and unpaid interest, if any, to the Change of Control Purchase Date.

Appears in 5 contracts

Samples: Indenture (Efm Programming Inc), Indenture (Talk Radio Network Inc), Indenture (Multiverse Acquisition Corp)

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REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) In the event that a Change of Control has occurredoccurs, each Holder shall will have the right, at such Holder's option, pursuant to an irrevocable and unconditional offer by the Company (the "Change of Control Offer"), to require the Company to repurchase all or any part of such Holder's Securities (PROVIDED, provided that the principal amount of such Securities at stated maturity must be $1,000 or an integral multiple thereof) pursuant to an unconditional, irrevocable offer by the Company (the "Change of Control Offer") on a date that is no later than 45 Business Days after the occurrence of such Change of Control (the "Change of Control Purchase Date") that is no later than 35 Business Days after the Occurrence of such Change of Control), at a cash price (the "Change of Control Purchase Price") equal to 101% of the aggregate principal amount thereof, together with plus accrued and unpaid interest, if any, to and including the Change of Control Purchase Date.

Appears in 2 contracts

Samples: Price Communications Corp, Price Communications Wireless Inc

REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) In the event that a Change of Control has occurredoccurs, each Holder shall have the right, at such Holder's option, pursuant subject to an irrevocable the terms and unconditional offer by the Company (the "Change conditions of Control Offer")this Indenture, to require the Company to repurchase all or any part of such Holder's Securities (PROVIDED, that the principal amount of such Securities at maturity must be $1,000 or an integral multiple thereof) on a the date (the "Change of Control Purchase Repurchase Date") that is no later than 35 45 Business Days after the Occurrence occurrence of such Change of Control, at a cash price (the "Change of Control Purchase Repurchase Price") equal to 101100% of the principal amount thereof, together with accrued and unpaid interest, if any, interest to the Change of Control Purchase Repurchase Date.

Appears in 2 contracts

Samples: Platinum Technology Inc, Platinum Technology Inc

REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) In the event that a Change of Control has occurred, each Holder shall have the right, at such Holder's option, pursuant to an irrevocable and unconditional offer by the Company (the "Change of Control Offer"), to require the Company to repurchase all or any part of such Holder's Securities (PROVIDEDprovided, that the principal amount of such Securities at maturity must be $1,000 or an integral multiple thereof) on a date (the "Change of Control Purchase Date") that is no later than 35 Business Days after the Occurrence of such Change of Control, at a cash price (the "Change of Control Purchase Price") equal to 101% of the principal amount thereof, together with accrued and unpaid interest, if any, to the Change of Control Purchase Date.

Appears in 1 contract

Samples: Noble Broadcast Group Inc /Oh/

REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) In the event that a Change of Control has occurredoccurs, each Holder shall have the right, at such Holder's option, pursuant to an irrevocable and unconditional offer by the Company (the "Change of Control Offer")) subject to the terms and conditions of this Indenture, to require the Company to repurchase all or any part of such Holder's Securities (PROVIDEDprovided, that the principal amount of such Securities at maturity must be $1,000 or an integral multiple thereof) on a date (the "Change of Control Purchase Date") that is no later than 35 45 Business Days after the Occurrence occurrence of such Change of Control, at a cash price (the "Change of Control Purchase Price") equal to 101% of the principal amount thereof, together with plus accrued and unpaid interest, if any, to the Change of Control Purchase Date.

Appears in 1 contract

Samples: Community Distributors Inc

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REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) In the event that a Change of Control has occurredoccurs, each Holder shall will have the right, at such Holder's option, pursuant to an irrevocable and unconditional offer by the Company (the "Change of Control Offer"), to require the Company to repurchase all or any part of such Holder's Securities (PROVIDED, provided that the principal amount of such Securities securities at stated maturity must be $1,000 or an integral multiple thereof) pursuant to an unconditional, irrevocable offer by the Company (the "Change of Control Offer") on a date that is no later than 45 Business Days after the occurrence of such Change of Control (the "Change of Control Purchase Date") that is no later than 35 Business Days after the Occurrence of such Change of Control), at a cash price (the "Change of Control Purchase Price") equal to 101% of the principal amount thereof, together with plus accrued and unpaid interest, if any, to and including the Change of Control Purchase Date.

Appears in 1 contract

Samples: Price Communications Corp

REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) In the event that a Change of Control has occurredoccurs, each Holder shall will have the right, at such Holder's option, pursuant to an irrevocable and unconditional offer by the Company (the "Change of Control Offer"), to require the Company to repurchase all or any part of such Holder's Securities pursuant to an unconditional, irrevocable offer by the Company (PROVIDED, provided that the principal amount of such Securities at stated maturity must be $1,000 or an integral multiple thereof) on a the date that is no later than 45 Business Days after the occurrence of such Change of Control (the "Change of Control Purchase Date") that is no later than 35 Business Days after the Occurrence of such Change of Control), at a cash price (the "Change of Control Purchase Price") equal to 101% of the aggregate principal amount thereof, together with plus accrued and unpaid interest, if any, to and including the Change of Control Purchase Date.

Appears in 1 contract

Samples: Pricellular Wireless Corp

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