REPURCHASE OF NOTES AT OPTION OF HOLDERS Clause Samples
The 'Repurchase of Notes at Option of Holders' clause gives noteholders the right to require the issuer to buy back their notes under certain conditions. Typically, this right is triggered by specific events such as a change of control, a significant asset sale, or other predefined circumstances. The clause outlines the process for holders to exercise this option, including notice requirements and the price at which the notes will be repurchased. Its core function is to protect investors by providing them with an exit mechanism if the issuer's risk profile changes materially, thereby allocating risk and enhancing investor confidence.
REPURCHASE OF NOTES AT OPTION OF HOLDERS. Section 15.01.
REPURCHASE OF NOTES AT OPTION OF HOLDERS. Section 15.01. [Intentionally Omitted] 86 Section 15.02. Repurchase at Option of Holders Upon a Fundamental Change 86 Section 15.03. Withdrawal of Fundamental Change Repurchase Notice 89
REPURCHASE OF NOTES AT OPTION OF HOLDERS. Section 15.01. [Reserved].
REPURCHASE OF NOTES AT OPTION OF HOLDERS. References to the “Company” and to “Common Stock” in the definition of “Fundamental Change” in Section 1.01 of the Indenture shall instead be references to “Marvell Technology” and “Marvell Technology Common Stock,” respectively. Except as amended hereby, the purchase rights set forth in Article 15 of the Indenture shall continue to apply.
REPURCHASE OF NOTES AT OPTION OF HOLDERS. Section 14.01 Repurchase at Option of Holders Upon a Fundamental Change 73 Section 14.02 Withdrawal of Fundamental Change Repurchase Notice 76 Section 14.03 Deposit of Fundamental Change Repurchase Price 76 Section 14.04 Covenant to Comply with Applicable Laws Upon Repurchase of Notes 77 GUARANTEE Section 15.01 Guarantee 77 Section 15.02 Limitation on Liability 78 Section 15.03 Successors and Assigns 79 Section 15.04 No Waiver 79 Section 15.05 Release of Guarantor 79 MISCELLANEOUS PROVISIONS Section 16.01 Provisions Binding on Company’s Successors 79 Section 16.02 Official Acts by Successor Corporation 79 Section 16.03 Addresses for Notices, Etc. 80 Section 16.04 Governing Law 80 Section 16.05 Evidence of Compliance with Conditions Precedent; Certificates and Opinions of Counsel to Trustee 81 Section 16.06 Legal Holidays 81 Section 16.07 No Security Interest Created 81 Section 16.08 Benefits of Indenture 81 Section 16.09 Table of Contents, Headings, Etc. 82 Section 16.10 Authenticating Agent 82 Section 16.11 Execution in Counterparts 83 Section 16.12 Severability 83 Section 16.13 Force Majeure 83 Section 16.14 Calculations 83 Section 16.15 USA PATRIOT Act 83 Exhibit A Form of Note A-1 INDENTURE, dated as of June 24, 2013, between ENCORE CAPITAL GROUP, INC., a Delaware corporation, as issuer (the “Company,” as more fully set forth in Section 1.01), MIDLAND CREDIT MANAGEMENT, INC., as guarantor (the “Guarantor,” as more fully set forth in Section 1.01), and UNION BANK, N.A., a national banking association, as trustee (the “Trustee,” as more fully set forth in Section 1.01).
REPURCHASE OF NOTES AT OPTION OF HOLDERS. Section 9.01. Repurchase at Option of Holders of the Notes Upon a Fundamental Change 51 Section 9.02. Withdrawal of Fundamental Change Repurchase Notice 54 Section 9.03. Deposit of Fundamental Change Repurchase Price 54 Section 9.04. Covenant to Comply with Applicable Laws Upon Repurchase of Notes 55 OPTIONAL REDEMPTION Section 10.01. Applicability of Article 3 of the Original Indenture 56 Section 10.02. Right to Redeem; Notices to Trustee 56 Section 10.03. Notice of Optional Redemption; Selection of Notes 56 Section 10.04. Payment of Notes Called for Redemption 57 Section 10.05. Restrictions on Redemption 58 MISCELLANEOUS PROVISIONS Section 11.01. Governing Law 58 Section 11.02. No Security Interest Created 58 Section 11.03. Notices 58 Section 11.04. Benefits of Indenture 58 Section 11.05. Effect of Headings 59 Section 11.06. Supplemental Indenture May be Executed in Counterparts 59 Section 11.07. Severability 59 Section 11.08. Ratification of Original Indenture 59 Section 11.09. Calculations 59 FIRST SUPPLEMENTAL INDENTURE, dated as of March 4, 2013 (this “Supplemental Indenture”), between Radian Group Inc., a Delaware corporation (the “Company”), and U.S. Bank National Association, a national banking association organized under the laws of the United States, as trustee (the “Trustee”), supplementing the Senior Indenture, dated as of March 4, 2013, between the Company and the Trustee (the “Original Indenture” and, as amended and supplemented by this Supplemental Indenture, and as it may be further amended or supplemented from time to time, the “Indenture”).
REPURCHASE OF NOTES AT OPTION OF HOLDERS. Repurchase at Option of Holders........................... 101 Section 16.02. Repurchase at Option of Holders Upon a Fundamental Change.................................................. 104 Section 16.03. Withdrawal of Repurchase Notice or Fundamental Change Repurchase Notice....................................... 108 Section 16.04. Deposit of Repurchase Price or Fundamental Change Repurchase Price........................................ 108
REPURCHASE OF NOTES AT OPTION OF HOLDERS. References to the “Company” in the definition of “Fundamental Change” in Section 1.01 of the Indenture shall instead be references to “Parent”. Except as amended hereby, the purchase rights set forth in Section 4.02 of the First Supplemental Indenture shall continue to apply.
REPURCHASE OF NOTES AT OPTION OF HOLDERS. References to the “Company” and to “Common Stock” in the definition of “Fundamental Change” in Section 1.01 of the Indenture shall instead be references to “Rocket” and “Rocket Common Stock,” respectively. Except as amended hereby, the purchase rights set forth in Article 15 of the Indenture shall continue to apply.
REPURCHASE OF NOTES AT OPTION OF HOLDERS. 01Repurchase at Option of Holders At any time on or after [ ], 2024, each Holder shall have the right, at such Holder’s option, to require the Company to repurchase for cash all of such Holder’s Notes, or any portion of the principal amount thereof properly surrendered pursuant to this Section 15.01 that is equal to $1,000 or an integral multiple of $1,000, on the date (the “Repurchase Date”) specified by the Company that is not less than ten (10) Business Days or more than thirty (30) Business Days following the date of the Paying Agent’s receipt of a duly completed notice from such Holder (a) if the Notes are Physical Notes, in the form set forth as Attachment 5 to the Form of Note attached hereto as Exhibit A, or (b) if the Notes are Global Notes, in compliance with the Applicable Procedures for surrendering interests in Global Notes (such applicable notice, the “Optional Repurchase Notice”), in each case at a repurchase price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but not including, the Repurchase Date (the “Repurchase Price”), unless the Repurchase Date falls after a Regular Record Date but on or prior to the Interest Payment Date to which such Regular Record Date relates, in which case the Company shall instead pay the full amount of accrued and unpaid interest (to, but excluding, such Interest Payment Date) to Holders of record as of such Regular Record Date, and the Repurchase Price shall be equal to 100% of the principal amount of Notes to be repurchased pursuant to this Section 15.01. A Holder shall have the right to deliver an Optional Repurchase Notice at any time prior to [ ], 2024 provided that, notwithstanding the date of delivery of any such notice, the Repurchase Date shall not be required to precede [ ], 2024. The Paying Agent shall promptly notify the Company of the receipt by it of any Optional Repurchase Notice. Within five (5) Business Days of receipt of any Optional Repurchase Notice, the Company shall notify each Holder that has delivered any such Optional Repurchase Notice of the Repurchase Date with respect to the Notes specified therein and of the calculation of the Repurchase Price with respect thereto. Repurchases of Notes under this Section 15.01 shall be made on the applicable Repurchase Date specified by the Company following delivery by a Holder to the Paying Agent of an Optional Repurchase Notice and (i) if the Notes are Physical Notes, the delivery by the Holder to t...
