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) Subject to Section 11.2, in the event that a Change of Control occurs, the Company shall offer, subject to the terms and conditions of this Indenture, to purchase all or any part of each Holder's Securities (provided that the principal amount of such Securities must be $1,000 or an integral multiple thereof) on the date (the "Repurchase Date") that is no later than 45 Business Days (except as hereinafter provided) after the occurrence of such Change of Control, at a cash price (the "Repurchase Price") equal to 100% of the principal amount thereof, together with accrued and unpaid interest and Liquidated Damages, if any, to (but excluding) the Repurchase Date.

Appears in 2 contracts

Samples: Antec Corp, Antec Corp

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REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) Subject to Section 11.2, in the event that a Change of Control occurs, the Company shall offer, subject to the terms and conditions of this Indenture, to purchase all or any part of each Holder's Securities (provided provided, that the principal amount of such Securities must be $1,000 or an integral multiple thereof) on the date (the "Repurchase Date") that is no later than 45 Business Days (except as hereinafter provided) after the occurrence of such Change of Control, at a cash price (the "Repurchase Price") equal to 100% of the principal amount thereof, together with accrued and unpaid interest and Liquidated Damages, if any, to (but excluding) the Repurchase Date.

Appears in 1 contract

Samples: Oak Industries Inc

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REPURCHASE OF SECURITIES AT OPTION OF THE HOLDER UPON A CHANGE OF CONTROL. (a) Subject to Section 11.2, in In the event that a Change of Control occurs, the Company shall commence an irrevocable and unconditional offer, subject to in accordance with the terms and conditions requirements of this IndentureSection 10.1(b) below, to purchase repurchase all or any part of each Holder's the then outstanding Securities (provided PROVIDED, that the principal amount of such Securities must be $1,000 or an integral multiple thereof) on the date (the "Repurchase Date") that is no later than 45 Business Days (except as hereinafter provided) 60 days after the occurrence of such Change of Control, at a cash price (the "Repurchase Price") equal to 100% of the principal amount thereof, together with accrued and unpaid interest and Liquidated Damages, if any, to (but excluding) the Repurchase Date.

Appears in 1 contract

Samples: Tia Indenture (Petsmart Inc)

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