Other Redemptions or Acquisitions Sample Clauses

Other Redemptions or Acquisitions. Nothing herein shall be deemed to limit the right of the Corporation to purchase such Series B Preferred Stock from time to time.
AutoNDA by SimpleDocs
Other Redemptions or Acquisitions. Without consent of the holders of a Majority of the AGM Interest, the Company shall not redeem or otherwise acquire any of the AGM Interest, except (i) as expressly authorized herein or (ii) pursuant to a purchase offer made pro-rata to all holders of the AGM Interest on the basis of the amount of the AGM Interest held by each such holder.
Other Redemptions or Acquisitions. Neither the Corporation nor any Subsidiary shall redeem or otherwise acquire any Series A Preferred Stock, except as expressly authorized herein or pursuant to a purchase offer made pro-rata to all holders of Series A Preferred Stock on the basis of the number of Shares of Series A Preferred Stock owned by each such holder.
Other Redemptions or Acquisitions. The Corporation shall not, nor shall it permit any Subsidiary to, redeem or otherwise acquire any Series A Preferred Shares, except as expressly authorized herein.
Other Redemptions or Acquisitions. The Corporation shall not, nor shall it permit any Subsidiary to, redeem or otherwise acquire any shares of the Series Preferred, except as expressly authorized herein or pursuant to a purchase offer made pro rata to all holders of the Series Preferred on the basis of the aggregate Liquidation Value of the shares of the Series Preferred owned by each such holder. If the assets of the Corporation shall be insufficient to make payment in full to all holders whose shares of Series Preferred are being redeemed or otherwise acquired, such assets shall be used first to redeem shares of Series B/B-1 Preferred, ratably in proportion to the redemption price for the shares that such holders otherwise would have been entitled to redeem, and second, any remaining assets shall be used to redeem shares of Series A Preferred, ratably in proportion to the redemption price for the shares that such holders otherwise would have been entitled to redeem.
Other Redemptions or Acquisitions. The Series A Preferred Stock shall have no maturity date or scheduled redemption date. Nothing herein shall be deemed to limit the right of the Corporation to purchase such Series A Preferred Stock from time to time.
Other Redemptions or Acquisitions. The Corporation shall not, nor shall it permit any Subsidiary to, redeem or otherwise acquire any Shares of Class A Preferred, except as expressly authorized herein or pursuant to a purchase offer made pro rata to all holders of Class A Preferred on the basis of the number of Shares owned by each such holder. VOTING RIGHTS.
AutoNDA by SimpleDocs
Other Redemptions or Acquisitions. Neither the Corporation nor any Subsidiary shall redeem or otherwise acquire any Senior Preferred Stock, except as expressly authorized herein or pursuant to a purchase offer made pro rata to all holders of Senior Preferred Stock on the basis of the number of Shares of Senior Preferred Stock owned by each such holder. So long as any shares of Senior Preferred Stock remain outstanding, the Corporation shall not redeem, purchase or otherwise acquire any Junior Securities; provided that, the Corporation may purchase Junior Securities from present or former employees pursuant to written contracts with such employees [parameters of such repurchases to be agreed between OSI Acquisition, Inc. and O'Sullivan Industries Holdings, Inc.].
Other Redemptions or Acquisitions. So long as any shares of Series A Preferred Stock remain outstanding, the Corporation shall not redeem, purchase or otherwise acquire any Junior Securities; provided, that the Corporation may purchase Junior Securities from present or former employees pursuant to written contracts with such employees.
Other Redemptions or Acquisitions. The Corporation shall not, nor shall it permit any Subsidiary to, redeem or otherwise acquire any shares of the Series Preferred, except as expressly authorized herein or pursuant to a purchase offer made pro rata to all holders of the Series Preferred on the basis of the aggregate Liquidation Value of the shares of the Series Preferred owned by each such holder.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!