Common use of Repurchase Upon Designated Event Clause in Contracts

Repurchase Upon Designated Event. Following a Designated Event (the date of each such occurrence being the "Designated Event Date"), the Company shall notify the holders of Convertible Subordinated Notes in writing of such occurrence and shall make an offer (the "Designated Event Offer") to repurchase all Convertible Subordinated Notes then outstanding at a repurchase price in cash (the "Designated Event Payment") equal to 101% of the principal amount thereof, plus accrued and unpaid interest and Liquidated Damages, if any, to, but excluding, the Designated Event Payment Date (as defined below).

Appears in 2 contracts

Samples: Indenture (Amkor Technology Inc), Amkor Technology Inc

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Repurchase Upon Designated Event. Following a Designated Event (the date of each such occurrence being the "Designated Event Date"), the Company shall notify the holders of Convertible Subordinated Notes in writing of such occurrence and shall make an offer (the "Designated Event Offer") to repurchase all Convertible Subordinated Notes then outstanding at a repurchase price in cash (the "Designated Event Payment") equal to 101% of the principal amount thereof, plus accrued and unpaid interest and Liquidated Damagesinterest, if any, to, but excluding, the Designated Event Payment Date (as defined below).

Appears in 1 contract

Samples: Indenture (Amkor Technology Inc)

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Repurchase Upon Designated Event. Following (a) Upon the occurrence of a Designated Event (the date of each such occurrence being the "Designated Event Date"), the Company shall notify the holders of Convertible Subordinated Notes Holders and the Trustee in writing of such occurrence and shall be required to make an offer (the "Designated Event Offer") to repurchase all Convertible Subordinated Notes then outstanding at a repurchase price in cash (the "Designated Event Payment") equal to 101100% of the principal amount thereof, plus accrued and unpaid interest and Liquidated Damagesinterest, if any, to, but excluding, the Designated Event Payment Date (as defined below).

Appears in 1 contract

Samples: Indenture (Amkor Technology Inc)

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