Examples of Ratings Decline in a sentence
Not later than 30 days following a Change of Control that results in a Ratings Decline, the Issuer or the Guarantor will make an Offer to Purchase all outstanding Notes at a purchase price equal to 101% of the principal amount of Notes repurchased plus accrued and unpaid interest on such Notes to but excluding the date of purchase.
Neither the Issuer nor the Guarantor is required to offer to purchase the Notes unless the event that results in a Change of Control also results in a Ratings Decline.
TU2021-05 was extended, 5-0.9. HOLD A PUBLIC HEARING TO CONSIDER UDC AMENDMENTS - APPLICATION UDCA2021- 01 FOR AMENDMENTS TO ARTICLE 5 SECTION 5.2(P) – L-P LOGISTICS PARK DISTRICT– SIGNAGE OF THE EDGERTON UDC.
In addition, if the Company undergoes a Change of Control and Ratings Decline, each as defined in the Indenture, the Company may be required to repurchase all of the Reopened Notes at a purchase price equal to 101% of the principal amount of the Reopened Notes, plus accrued and unpaid interest (including additional interest, if any), up to but not including the repurchase date.
The grant date fair value for each share of restricted stock unit was the closing price of our common stock on the date of grant as reported on the NYSE which, for Mr. Ozanne was $22.09, and for Mr. Roof was $17.40.