Common use of Right to Require Repurchase Clause in Contracts

Right to Require Repurchase. In the event that, there shall occur a Change of Control (as hereinafter defined) of the Company, then each Holder shall have the right, at the Holder's option, to require the Company to repurchase, and upon the exercise of such right the Company shall repurchase, all of such Holder's Notes, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 days after the date of the Company Notice (as defined in Section 1202(a)) at a purchase price, payable in cash, equal to 101% of the principal amount of Notes to be repurchased (a "Repurchase Price"), together with accrued interest to the Repurchase Date. Such right to require the repurchase of the Notes shall not continue after a discharge of the Company from its obligations with respect to the securities in accordance with Article Four, unless a Change of Control shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 4 contracts

Samples: Indenture (Onyx Acceptance Corp), Indenture (Onyx Acceptance Corp), Onyx Acceptance Corp

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Right to Require Repurchase. In the event that, there shall occur that a Change of Control (as hereinafter defined) of the Companyshall occur, then each Holder shall have the right, at the Holder's option, to require the Company to repurchase, and upon the exercise of such right the Company shall repurchase, all of such Holder's NotesSecurities, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 25 days after the date of the Company Notice (as defined in Section 1202(a)1202) for cash at a purchase price, payable in cash, price equal to 101110% of the principal amount of Notes the Securities to be repurchased (a the "Repurchase Price"), together in each case with accrued interest to the Repurchase Date (unless the Repurchase Date shall occur prior to an Interest Payment Date and after the close of business on the corresponding Regular Record Date). Such right to require the repurchase of the Notes Securities shall not continue after a discharge of the Company from its obligations with respect to the securities Securities in accordance with Article Four, unless a Change of Control shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 2 contracts

Samples: Indenture (Bank Plus Corp), Bank Plus Corp

Right to Require Repurchase. In the event that, there shall occur that a Change of in Control (as hereinafter defined) of the Companyshall occur, then each Holder shall have the right, at the Holder's option, to require the Company to repurchase, and upon the exercise of such right the Company shall repurchase, all of such Holder's NotesSecurities, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 days after the date of the Company Notice (as defined in Section 1202(a)14.2) at a purchase price, payable in cash, price equal to 101100% of the principal amount of Notes the Securities to be repurchased (a the "Repurchase Price"), together in each case with accrued interest to the Repurchase Date. Such right to require the repurchase of the Notes Securities shall not continue after a discharge of the Company from its obligations with respect to the securities Securities in accordance with Article Four4, unless a Change of in Control shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 2 contracts

Samples: Indenture (Analog Devices Inc), Indenture (Analog Devices Inc)

Right to Require Repurchase. In the event that, there shall occur that a Change of Control Risk Event (as hereinafter defined) of the Companyshall occur, then each Holder shall have the right, at the Holder's option, to require the Company to repurchase, and upon the exercise of such right the Company shall repurchase, all of such Holder's NotesDebentures, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 thirty (30) calendar days after the date of the Company Notice (as defined in Section 1202(a)14.2) for cash at a purchase price, payable in cash, price equal to 101100% of the principal amount of Notes the Debentures to be repurchased without payment of any accrued interest to the Repurchase Date (a the "Repurchase Price"), together with accrued interest to the Repurchase Date. Such right to require the repurchase of the Notes Debentures shall not continue after a discharge of the Company from its obligations with respect to the securities Debentures in accordance with Article Four4, unless a Change of Control Risk Event shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 1 contract

Samples: Indenture (Gentiva Health Services Inc)

Right to Require Repurchase. In the event that, there shall occur that a Change of Control (as hereinafter defined) shall occur after the date of the Companyissuance of the Notes, then each Holder of Notes shall have the right, at the Holder's ’s option, to require the Company to repurchase, and upon the exercise of such right right, the Company shall repurchase, repurchase all of such Holder's ’s Notes, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 30 days after the date of the Company Notice (as defined in Section 1202(a)) below, for cash at a purchase price, payable in cash, price (the “Repurchase Price”) equal to 101100% of the principal amount of the Notes to be repurchased (a "Repurchase Price")repurchased, together with accrued and unpaid interest to the Repurchase Date. Such right to require the repurchase of the Notes shall not continue after a discharge of the Company from its obligations with respect to the securities Notes in accordance with Article FourX of this Indenture, unless a Change of Control shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 1 contract

Samples: Quadramed Corp

Right to Require Repurchase. In the event that, there shall occur that a Change of Control Risk Event (as hereinafter defined) of the Companyshall occur, then each Holder shall have the right, at the Holder's option, to require the Company to repurchase, and upon the exercise of such right the Company shall repurchase, all of such Holder's Notes, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 forty-five (45) calendar days after the date of the Company Notice (as defined in Section 1202(a)14.2) for cash at a purchase price, payable in cash, price equal to 101100% of the principal amount of the Notes to be repurchased (a the "Repurchase Price"), together in each case with accrued interest to the Repurchase Date. Such right to require the repurchase of the Notes shall not continue after a discharge of the Company from its obligations with respect to the securities Notes in accordance with Article Four4, unless a Change of Control Risk Event shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 1 contract

Samples: Buffets Inc

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Right to Require Repurchase. In the event that, there shall occur that a Change of in Control (as hereinafter defined) of the Companyshall occur, then each Holder shall have the right, at the Holder's option, to require the Company to repurchase, and upon the exercise of such right the Company shall repurchase, all of such Holder's NotesSecurities, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 days after the date of the Company Notice (as defined in Section 1202(a)1402) for cash at a purchase price, payable in cash, price equal to 101100% of the principal amount of Notes the Securities to be repurchased (a the "Repurchase Price"), together in each case with accrued interest to the Repurchase Date. Such right to require the repurchase of the Notes Securities shall not continue after a discharge of the Company from its obligations with respect to the securities Securities in accordance with Article Four, unless a Change of in Control shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 1 contract

Samples: Intermagnetics General Corp

Right to Require Repurchase. In the event that, there shall occur that a Change of Control Risk Event (as hereinafter defined) of the Companyshall occur, then each Holder shall have the right, at the Holder's option, to require the Company to repurchase, and upon the exercise of such right the Company shall repurchase, all of such Holder's Notes, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 forty-five (45) calendar days after the date of the Company Notice (as defined in Section 1202(a)14.2) for cash at a purchase price, payable in cash, price equal to 101100% of the principal amount of the Notes to be repurchased (a the "Repurchase Price"), together in each case with accrued interest to the Repurchase Date. Such right to require the repurchase of the Notes shall not continue after a discharge of the Company from its obligations with respect to the securities Notes in accordance with Article Four4, unless a Change of Control Risk Event shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 1 contract

Samples: Prime Hospitality Corp

Right to Require Repurchase. In the event that, there shall occur that a Change of Control (as hereinafter defined) of the Companyshall occur, then each Holder shall have the right, at the such Holder's option, to require the Company to repurchase, and upon the exercise of such right right, the Company shall shall, subject to the provisions of Section 1304, repurchase, all of such Holder's NotesSecurities, or any portion of the principal amount thereof that is an integral multiple of $1,000, on the date (the "Repurchase Date") that is 45 days after the date of the Company Notice (as defined in Section 1202(a)1402) at a purchase price, payable in cash, price equal to 101100% of the principal amount of Notes the Securities to be repurchased (a the "Repurchase Price"), together in each case with accrued and unpaid interest to the Repurchase Date. Such right to require the repurchase of the Notes Securities shall not continue after a discharge of the Company from its obligations with respect to the securities Securities in accordance with Article Four, unless a Change of Control shall have occurred prior to such discharge. The Repurchase Price shall be paid in cash.

Appears in 1 contract

Samples: Dimon Inc

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