Common use of Mandatory repurchase due to Clause in Contracts

Mandatory repurchase due to. a Put Option Event), the Issuer is entitled to repurchase all the remaining Outstanding Bonds at the price stated in paragraph (a) above by notifying the remaining Bondholders of its intention to do so no later than 20 calendar days after the Put Option Repayment Date. Such prepayment may occur at the earliest on the 15th calendar day following the date of such notice.

Appears in 2 contracts

Sources: Implementation Agreement, Implementation Agreement