Common use of Offer to Repurchase Upon Change of Control Triggering Event Clause in Contracts

Offer to Repurchase Upon Change of Control Triggering Event. (a) If a Change of Control Triggering Event occurs, each Holder of Notes will have the right to require the Issuer to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s Notes pursuant to a cash tender offer (“Change of Control Offer”) on the terms set forth in this Section 4.

Appears in 2 contracts

Sources: Indenture (California Resources Corp), Indenture (California Resources Corp)

Offer to Repurchase Upon Change of Control Triggering Event. (a) If a Change of Control Triggering Event occurs, each Holder of Notes will have the right to require the Issuer to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 (or $1.00 in the case of PIK Notes) in excess thereofof $2,000) of that Holder’s Notes pursuant to a cash tender an offer (a “Change of Control Offer”) on the terms set forth in this Section 4.

Appears in 2 contracts

Sources: Indenture (Better Home & Finance Holding Co), Exchange Agreement (Better Home & Finance Holding Co)