Notices; Method of Exercising Repurchase Right, Etc. (a) Unless the Company shall have theretofore called for redemption all of the Outstanding Notes, on or before the date that is 30 Business Days after the occurrence of a Repurchase Event, the Company shall give notice to all Holders of Outstanding Notes and to the Trustee (the "Company Notice") of the occurrence of the Repurchase Event and of the repurchase right set forth herein arising as a result thereof. Each Company Notice shall state: (i) the date of such Change in Control and, briefly, the events causing such Change in Control; (ii) the date by which the Change in Control Purchase Notice (as defined below) must be delivered; (iii) the Repurchase Date; (iv) the Repurchase Price; (v) a description of the procedure that a Holder must follow to exercise a repurchase right; (vi) the procedures for withdrawing a Change in Control Purchase Notice; (vii) the place or places where such Notes are to be surrendered for payment of the Repurchase Price or for conversion; (viii) briefly, the conversion rights of Holders of Notes;
Appears in 2 contracts
Sources: Indenture (Transwitch Corp /De), Indenture (Transwitch Corp /De)
Notices; Method of Exercising Repurchase Right, Etc. (a) Unless the Company shall have theretofore called for redemption all of the Outstanding Notes, on or before the date that is 30 Business Days after the occurrence of a Repurchase Event, the Company shall give notice to all Holders of Outstanding Notes and to the Trustee (the "βCompany Notice"β) of the occurrence of the Repurchase Event and of the repurchase right set forth herein arising as a result thereof. Each Company Notice shall state:
(i) the date of such Change in Control and, briefly, the events causing such Change in Control;
(ii) the date by which the Change in Control Purchase Notice (as defined below) must be delivered;
(iii) the Repurchase Date;
(iv) the Repurchase Price;
(v) a description of the procedure that a Holder must follow to exercise a repurchase right;
(vi) the procedures for withdrawing a Change in Control Purchase Notice;
(vii) the place or places where such Notes are to be surrendered for payment of the Repurchase Price or for conversion; (viii) briefly, the conversion rights of Holders of Notes;
Appears in 1 contract
Sources: Indenture (Transwitch Corp /De)