Common use of BlackRock Share Repurchases Clause in Contracts

BlackRock Share Repurchases. If BlackRock engages in any share repurchase program or self-tender that has the effect of causing Xxxxxxx Xxxxx’x Beneficial Ownership of BlackRock Capital Stock to exceed its Voting Ownership Cap or Total Ownership Cap, subject to any restrictions in the Exchange Act, Xxxxxxx Xxxxx shall, at the request of BlackRock, promptly sell such number of shares of BlackRock Capital Stock to BlackRock as shall cause its Beneficial Ownership of BlackRock Capital Stock not to exceed its Voting Ownership Cap or Total Ownership Cap.

BlackRock Share Repurchases. If BlackRock engages in any share repurchase program or self-tender that has the effect of causing Xxxxxxx Xxxxx’x Xxxxx'x Beneficial Ownership of BlackRock Capital Stock to exceed its Voting Ownership Cap or Total Ownership Cap, subject to any restrictions in the Exchange Act, Xxxxxxx Xxxxx shall, at the request of BlackRock, promptly sell such number of shares of BlackRock Capital Stock to BlackRock as shall cause its Beneficial Ownership of BlackRock Capital Stock not to exceed its Voting Ownership Cap or Total Ownership Cap.