The Change Sample Clauses
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The Change of Control Offer shall remain open for a period from the date of the mailing of the notice of the Change of Control Offer described in paragraph (c) until a date determined by the Company which is at least 30 but no more than 60 days from the date of mailing of such notice and no longer, except to the extent that a longer period is required by applicable law (the "Change of Control Offer Period"). On the Purchase Date, which shall be no earlier than 30 days prior to the last day of the Change of Control Offer Period and no later than such last day, the Company shall purchase the principal amount of Notes properly tendered in response to the Change of Control Offer. Payment for any Notes so purchased shall be made in the same manner as interest payments are made.
The Change. We are changing your Master Agreement due to a change in the Program rules. The changes will be effective beginning November 1, 2009. Under the existing Master Agreement, refunds of amounts remaining in your account that are or were disbursed to the Account Owner and not used to pay “institutions of higher education” for tuition and required fees are based on the fair market value of the tuition purchased and as such, contain earnings. Effective November 1, 2009, all refunds shall be the sum of all payments made under the contract for tuition and required fees, less fees due and payable to the program under the board's fee schedule and less any amounts paid by the program pursuant to the prepaid tuition contract prior to the refund. Refunds will no longer contain any earnings.