Permitted Stock Repurchases Sample Clauses

Permitted Stock Repurchases. The actions of the Loan Parties in connection with any Permitted Stock Repurchase and any and all transactions entered into or consummated by a Loan Party in connection with such Permitted Stock Repurchase (including the purchase of the stock of the Borrower) will be and have been consummated in accordance with applicable Governmental Rules (including, without limitation, the General Corporation Law of the State of Delaware).

Permitted Stock Repurchases. Section 6.05(d) of the Credit Agreement is amended and restated as follows:

Permitted Stock Repurchases loans and advances to (i) directors, officers and employees not in excess of $5,000,000 at any time outstanding and (ii) physicians and other health care professionals not in excess of $10,000,000, in each case in the ordinary course of business and consistent with past practices;

Permitted Stock Repurchases. Together with each delivery of any Financial Statements pursuant to clause (a) above, a summary of all Permitted Stock Repurchases made during such Fiscal Quarter, including the applicable repurchase dates of, and consideration paid by the Group Members for, such Permitted Stock Repurchases, and a calculation of the aggregate consideration paid by the Group Members for all Permitted Stock Repurchases made since the Third Amendment Effective Date through the end of such Fiscal Quarter.” (d) Section 8.5 of the Credit Agreement is hereby amended by (i) replacing each reference to “clause (c)” in the lead in paragraph thereof with the words “clause (c) or clause (e)”, and (ii) replacing the period at the end of Section 8.5(d) with “; and” and inserting a new Section 8.5(e) immediately following Section 8.5(d) therein as follows: (e) Permitted Stock Repurchases, and cash dividends or other distributions on the Stock of Subsidiaries of Holdings to Holdings paid, declared and used solely for such purposes.”

Permitted Stock Repurchases. The actions of the Loan Parties in connection with any Permitted Stock Repurchase and any and all transactions entered into or consummated by a Loan Party in connection with such Permitted Stock Repurchase (including the purchase of the stock of the Borrower) will be and have been consummated in accordance with applicable Governmental Rules (including, without limitation, the corporation law of the State of Minnesota).

Permitted Stock Repurchases. 74 8.4.4 Debenture Interest Payments.......................................................74 8.5 Sale-Leasebacks...............................................................................75 8.6 Transactions with Affiliates..................................................................75 8.7 Mergers and Dispositions......................................................................75 8.7.1 Consolidations and Mergers........................................................75 8.7.2 Sales and Other Dispositions......................................................76 8.8 Management Arrangements.......................................................................76 8.9 Existence.....................................................................................77 8.10 Compliance with Law...........................................................................77 8.11 Payment of Taxes and Claims...................................................................77

Permitted Stock Repurchases. Subject to Section 8.30 (Reset Provision), the Borrower may make one or more Restricted Payments to be distributed to Parent in an aggregate amount for all such Restricted Payments not to exceed, at any date of determination, $60,000,000, the proceeds of which may be used by Parent to repurchase outstanding Capital Stock of Parent so long as (i) the Specified Restricted Use Conditions are satisfied, (ii) the Borrower provides notice to the Administrative Agent that the Restricted Payment is being made, and (iii) the proceeds of the Restricted Payment are promptly used by Parent to make such stock repurchases.

Permitted Stock Repurchases. The Borrower may make one or more Restricted Payments to Holdings to be distributed to Parent in an aggregate amount for all such Restricted Payments not to exceed, at any date of determination, the amount of the Permitted Stock Repurchase Amount, the proceeds of which may be used by Parent to repurchase outstanding Capital Stock of Parent so long as (i) no Default or Event of Default exists at the time of the Restricted Payment or would exist immediately after giving effect thereto, (ii) the Borrower provides notice to the Administrative Agent that the Restricted Payment is being made and (iii) the proceeds of the Restricted Payment are promptly used by Parent to make such stock repurchases.

Permitted Stock Repurchases. Section 10.4 of the Credit Agreement is hereby amended by inserting after the words "Schedule 10.4 hereto" in the second line thereof the words "and for the FGG Disposition and disposition of all or any part of the Borrower's investment in Eyecare Products Plc as permitted pursuant to Section 10.3(e) hereof";