Common use of Repurchase upon Change in Control Clause in Contracts

Repurchase upon Change in Control. Upon the occurrence of a Change of Control (other than in connection with the Spin-Off), each Holder shall have the right, subject to the terms and conditions set forth in the Indenture, to require the Issuer to repurchase its Notes in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest to the date of purchase (the “Change of Control Payment Date”). A written notice of such Change of Control will be sent within 30 days after any Change of Control occurs to each Holder at its last address as it appears in the Register and to the Trustee. The notice to the Holders shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Change of Control Offer. Such notice shall state:

Appears in 2 contracts

Samples: Indenture (Manitowoc Foodservice, Inc.), Indenture (Manitowoc Co Inc)

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Repurchase upon Change in Control. Upon the occurrence of a Change of Control (other than in connection with the Spin-Off)Control, each Holder shall have the right, subject to the terms and conditions set forth in the Supplemental Indenture, to require the Issuer Company to repurchase its Notes in cash pursuant to the offer described in the Supplemental Indenture at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest interest, to the date of purchase (the “Change of Control Payment DatePayment”). A written notice of such Change of Control will be sent mailed within 30 days after any Change of Control occurs to each Holder at its last address as it appears in the Register and to the Trustee. The notice to the Holders shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Change of Control Offer. Such notice shall state:

Appears in 2 contracts

Samples: Supplemental Indenture (Manitowoc Co Inc), First Supplemental Indenture (Manitowoc Co Inc)

Repurchase upon Change in Control. Upon the occurrence of a Change of Control (other than in connection with the Spin-Off)Control, each Holder shall have the right, subject to the terms and conditions set forth in the Supplemental Indenture, to require the Issuer Company to repurchase its Notes in cash pursuant to the offer described in the Supplemental Indenture at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest interest, to the date of purchase (the “Change of Control Payment DatePayment”). A written notice of such Change of Control will be sent within 30 days after any Change of Control occurs to each Holder at its last address as it appears in the Register and to the Trustee. The notice to the Holders shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Change of Control Offer. Such notice shall state:

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Manitowoc Co Inc)

Repurchase upon Change in Control. Upon the occurrence of a Change of Control (other than in connection with the Spin-Off)Control, each Holder shall have the right, subject to the terms and conditions set forth in the Indenture, to require the Issuer Company to repurchase its Notes in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest interest, and Additional Interest, if any, to the date of purchase (the “Change of Control Payment DatePayment”). A written notice of such Change of Control will be sent mailed within 30 days after any Change of Control occurs to each Holder at its last address as it appears in the Register and to the Trustee. The notice to the Holders shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Change of Control Offer. Such notice shall state:

Appears in 1 contract

Samples: Manitowoc Co Inc

Repurchase upon Change in Control. Upon the occurrence of a Change of Control (other than in connection with the Spin-Off)Control, each Holder shall have the right, subject to the terms and conditions set forth in the Indenture, to require the Issuer Company to repurchase its Notes in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest interest, and Additional Interest, if any, to the date of purchase (the "Change of Control Payment Date”Payment"). ------------------------- A written notice of such Change of Control will be sent mailed within 30 days after any Change of Control occurs to each Holder at its last address as it appears in the Register and to the Trustee. The notice to the Holders shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Change of Control Offer. Such notice shall state:

Appears in 1 contract

Samples: Manitowoc Co Inc

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Repurchase upon Change in Control. Upon the occurrence of a Change of Control (other than in connection with the Spin-Off)Control, each Holder shall have the right, subject to the terms and conditions set forth in the Indenture, to require the Issuer Company to repurchase its Notes in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest interest, to the date of purchase (the "Change of Control Payment Date”Payment"). A written notice of such Change of Control will be sent mailed within 30 days after any Change of Control occurs to each Holder at its last address as it appears in the Register and to the Trustee. The notice to the Holders shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Change of Control Offer. Such notice shall state:

Appears in 1 contract

Samples: Manitowoc Co Inc

Repurchase upon Change in Control. Upon the occurrence of a Change of Control (other than in connection with the Spin-Off)Control, each Holder shall have the right, subject to the terms and conditions set forth in the Indenture, to require the Issuer to repurchase its Notes in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest interest, to the date of purchase (the “Change of Control Payment Date”). A written notice of such Change of Control will be sent within 30 days after any Change of Control occurs to each Holder at its last address as it appears in the Register and to the Trustee. The notice to the Holders shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Change of Control Offer. Such notice shall state:

Appears in 1 contract

Samples: Intercreditor Agreement (Manitowoc Co Inc)

Repurchase upon Change in Control. Upon the occurrence of a Change of Control (other than in connection with the Spin-Off)Control, each Holder shall have the right, subject to the terms and conditions set forth in the Indenture, to require the Issuer Company to repurchase its Notes in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest to the date of purchase (the “Change of Control Payment Date”"CHANGE OF CONTROL PAYMENT"). A written notice of such Change of Control will be sent mailed within 30 days after any Change of Control occurs to each Holder at its last address as it appears in the Register and to the Trustee. The notice to the Holders shall contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Change of Control Offer. Such notice shall state:

Appears in 1 contract

Samples: Crane Acquisition Corp

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