Change of Control Premium definition

Change of Control Premium means (i) until the 12-month anniversary of the Issuance Date, 120%, (ii) from and after the 12-month anniversary of the Issuance Date until the 24-month anniversary of the Issuance Date, 115%, (iii) from and after the 24-month anniversary of the Issuance Date until the 30-month anniversary of the Issuance Date, 110%, and (iv) after the 30-month anniversary of the Issuance Date, 105%.

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Change of Control Premium means (i) 130% or (ii) 120% in the event of a Change of Control involving consideration paid to holders of the Company's Common Stock where the consideration per share of the Company's Common Stock to be received by the holders thereof is greater (as to amounts other than cash, as determined reasonably and in good faith by the Board of Directors of the Company) than 200% of the Conversion Price as of the Initial Issuance Date (as adjusted for stock splits, stock dividends, reverse stock splits, recapitalizations, reclassifications and similar events).

Change of Control Premium means 1%.

Examples of Change of Control Premium in a sentence

The Change of Control Premium, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares.
All Loans of such Lender shall be prepaid, together with accrued interest thereon and the Change of Control Premium, on the Control Change Payment Date if such Lender delivers to Company a written notice (the “Declaration Notice”) to prepay such Lender’s Loans (which notice may provide, at such Lender’s option, for a partial prepayment of such Lender’s Loans).
The Facility Lessee also agrees to pay as Supplemental Lease Rent an amount equal to any amount of Make Whole Premium and Change of Control Premium required to be paid pursuant to the Lease Indenture or any Note.
Change of Control Premium.................................................................................
If the Lease Indenture Trustee accelerates the Notes pursuant to this Section 4.3(a) as a result of the occurrence of a Lease Indenture Event of Default caused by a Lease Event of Default described under Section 16(j) of the Facility Lease, the Change of Control Premium shall also be payable.

More Definitions of Change of Control Premium

Change of Control Premium means an amount equal to 1% of the principal amount of the Notes prepaid as a result of a Change of Control.

Change of Control Premium means, (i) until the third anniversary of the Issuance Date, 120%, (ii) commencing on the third anniversary of the Issuance Date until the fourth anniversary of the Issuance Date, 115%, and (iii) commencing on the fourth anniversary of the Issuance Date, 110%.

Change of Control Premium means (i) 120% from the Issuance Date through the first anniversary of the Issuance Date, (ii) 115% after the first anniversary of the Issuance Date through the second anniversary of the Issuance Date and (iii) 110% thereafter.

Change of Control Premium means (i) 125% or (ii) 120% in the event of a Change of Control involving consideration paid to holders of the Company’s Common Stock where the consideration per share of the Company’s Common Stock to be received by the holders thereof is greater (as to amounts other than cash, as determined reasonably and in good faith by the Board of Directors of the Company) than 200% of the Conversion Price as of the Amendment Date (as adjusted for stock splits, stock dividends, reverse stock splits, recapitalizations, reclassifications and similar events).

Change of Control Premium means 115%.

Change of Control Premium means (i) in the first 18 months following the Issuance Date, 120%, (ii) in the period starting 18 months from the Issuance Date and ending 42 months from the Issuance Date, 115%; and (iii) thereafter, 110%.

Change of Control Premium shall have the meaning set forth in Section 2.3(d).

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