Change of Control Payment definition

Change of Control Payment has the meaning set forth in Section 4.01(b).

Change of Control Payment has the meaning assigned to it in Section 3.8(a).

Change of Control Payment means, with respect to Notes tendered for repurchase pursuant to a Change of Control Offer, an amount equal to 101% of the aggregate principal amount of such Notes plus accrued and unpaid interest thereon, if any, to the date of repurchase.

Examples of Change of Control Payment in a sentence

• The Trustee may withhold from Holders of the Notes notice of any continuing Event of Default (except an Event of Default relating to the payment of principal or interest including an accelerated payment or the failure to make a payment on the Change of Control Payment Date or an Event of Default in complying with the provisions of ‎Article 6 of the Indenture) if it determines that withholding notice is in their interest.

• If on any Redemption Date, maturity date, Change of Control Payment Date or any other date on which a payment of principal of a Note is due, the Trustee or Paying Agent (other than the Company or an Affiliate thereof) holds U.S. Legal Tender in an amount sufficient to pay all of the principal, premium, if any, and interest due on such Note payable on that date, then on and after that date such Note ceases to be outstanding and interest on it ceases to accrue.

• Interest on Notes (or portions thereof) validly tendered and not withdrawn pursuant to a Change of Control Offer will cease to accrue on and after the applicable Change of Control Payment Date (unless the Company shall default in the payment of the Change of Control Purchase Price of the Notes).

More Definitions of Change of Control Payment

Change of Control Payment has the meaning specified in Section 2.8 hereof.

Change of Control Payment has the meaning specified in Section 1010.

Change of Control Payment has the meaning specified in Section 10.16(a) of this Indenture.

Change of Control Payment has the meaning set forth in Section 5.5.

Change of Control Payment has the meaning specified in Section 6.3(1).

Change of Control Payment is defined in Section 3.9(a)(vii) of the Agreement.

Change of Control Payment has the meaning specified in Section 1017 of this Indenture.