Company's Obligation to Repurchase Warrants Sample Clauses

Company's Obligation to Repurchase Warrants and Issued Warrant -------------------------------------------------------------- Shares. Upon written notice from the holder of this Warrant from time to time ------ during the Repurchase Period, the Company shall, within sixty (60) days of the date designated in such notice, repurchase from such holder all or the portion of this Warrant designated in such notice for an amount determined by multiplying (a) the Repurchase Price per share of Class A Common Stock as of the date of such notice less the Exercise Price per share in effect on such date by (b) the number of Issuable Warrant Shares as of such date that are designated for repurchase in such notice; provided, however, the Company shall not be obligated to repurchase any portion of this warrant, if such repurchase would violate any terms of the Credit Agreement. On the date designated for such repurchase, the holder shall surrender this Warrant to the Company, without being required to make any representation or warranty (other than that the holder has good and valid title to the Warrant free and clear of liens, claims, encumbrances and restrictions of any kind), against payment therefor by either of the Permitted Payment Methods, as selected by the holder. If less than all of this Warrant is being repurchased, the Company shall cancel this Warrant and issue in the name of, and deliver to, the holder a new Warrant for the portion of the Issuable Warrant Shares not being repurchased.
Sample 1
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Company's Obligation to Repurchase Warrants. Upon the occurrence of (a) a Change in Control (as defined in the Loan Agreement) or (b) a termination of the Loan Agreement in accordance with subsection 2.8(b) thereof, or at any time within 30 days prior to the Expiration Date, a Holder shall have the right, upon written notice to the Company, and without payment of any amounts by the Holder (including, without limitation, the Warrant Price) to require the Company to repurchase from such Holder, on the 10th day following delivery of such notice (or, if such day is not a Business Day, the next succeeding Business Day) and in the manner set forth in Section 12.2 below, each Warrant then held by such Holder for an amount equal to $0.75 (the "Repurchase Price"); PROVIDED, HOWEVER, that nothing herein shall preclude the exercise by such Holder of any portion of such Warrant exercisable at any time prior to such repurchase.
Sample 1
Company's Obligation to Repurchase Warrants. Upon receipt of ------------------------------------------- written notice from the Holder of the Warrants at any time during the Repurchase Period (the "PUT NOTICE"), the Company shall, within sixty (60) days of the date designated in such Put Notice, repurchase from such Holder all or any portion of the Warrants for an amount determined by multiplying (a) the Repurchase Price per share of Common Stock as of the date specified in such notice less the Exercise
Sample 1
Company's Obligation to Repurchase Warrants. If, at any time prior to January 31, 2001, the Company shall prepay the entire Tranche C Loans (as defined in the Loan Agreement), including any applicable interest and fees (including, without limitation, any applicable prepayment fees) owing in connection therewith, then the Company shall repurchase from each Holder such Holder's pro rata share of 300,000 Warrants, in the manner set forth in Section 12.2 below, for an amount equal to $0.001 per Warrant; provided, however, that nothing herein shall preclude the exercise by such Holder of any portion of such Warrant exercisable at any time prior to such repurchase.
Sample 1

Related to Company's Obligation to Repurchase Warrants

  • Limitation on Investor's Obligation to Purchase Shares Notwithstanding anything to the contrary in this Agreement, in no event shall the Investor be required to purchase, and an Intended Put Share Amount may not include, an amount of Put Shares, which when added to the number of Put Shares acquired by the Investor pursuant to this Agreement during the 31 days preceding the Put Date with respect to which this determination of the permitted Intended Put Share Amount is being made, would exceed 9.99% of the number of shares of Common Stock outstanding (on a fully diluted basis, to the extent that inclusion of unissued shares is mandated by Section 13(d) of the Exchange Act) on the Put Date for such Pricing Period, as determined in accordance with Section 13(d) of the Exchange Act (the "Section 13(d)

  • Conditions to the Company’s Obligation to Sell The obligation of the Company hereunder to issue and sell the Note to the Buyer at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions thereto, provided that these conditions are for the Company’s sole benefit and may be waived by the Company at any time in its sole discretion:

  • CONDITIONS OF THE COMPANY'S OBLIGATION TO SELL The obligation hereunder of the Company to issue and sell the Securities to the Investor is further subject to the satisfaction, at or before each Closing Date, of each of the following conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

  • Conditions to Company’s Obligation to Sell The obligation of Company hereunder to issue and sell the Securities to Investor at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions:

  • CONDITIONS TO THE INVESTOR’S OBLIGATION TO PURCHASE SHARES OF COMMON STOCK The obligation of the Investor to buy Purchase Shares under this Agreement is subject to the satisfaction of each of the following conditions on or prior to the Commencement Date and, once such conditions have been initially satisfied, there shall not be any ongoing obligation to satisfy such conditions after the Commencement has occurred:

  • Termination of Company's Obligations This Indenture will be discharged, and will cease to be of further effect as to all Notes issued under this Indenture, when:

  • Conditions to the Company’s Obligation to Close The obligation of the Company hereunder to consummate the Closing is subject to the satisfaction or waiver by the Company, at or before the Closing Date, of each of the following conditions:

  • CONDITIONS TO INVESTOR’S OBLIGATION TO PURCHASE SHARES Notwithstanding anything to the contrary in this Agreement, the Company shall not be entitled to deliver a Put Notice and the Investor shall not be obligated to purchase any Shares at a Closing unless each of the following conditions are satisfied:

  • Company’s Obligation to Pay Each Restricted Stock Unit represents the right to receive a Share on the date it vests. Unless and until the Restricted Stock Units will have vested in the manner set forth in Sections 3 or 4, Participant will have no right to payment of any such Restricted Stock Units. Prior to actual payment of any vested Restricted Stock Units, such Restricted Stock Units will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company. Any Restricted Stock Units that vest in accordance with Sections 3 or 4 will be paid to Participant (or in the event of Participant’s death, to his or her estate) in whole Shares, subject to Participant satisfying any applicable tax withholding obligations as set forth in Section 7. Subject to the provisions of Section 4, such vested Restricted Stock Units shall be paid in whole Shares as soon as practicable after vesting, but in each such case within the period sixty (60) days following the vesting date. In no event will Participant be permitted, directly or indirectly, to specify the taxable year of the payment of any Restricted Stock Units payable under this Award Agreement.

  • CONDITIONS TO THE INVESTOR’S OBLIGATION TO PURCHASE (a) The obligation of the Investor hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date, of each of the following conditions, provided that these conditions are for the Investor’s sole benefit and may be waived by the Investor at any time in its sole discretion by providing the Company with prior written notice thereof:

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