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 capital stock of Holdings) will be and have been consummated in accordance in all material respects with applicable Governmental Rules (including, without limitation, the General Corporation Law of the State of Delaware (or Holdings’ state of organization if no longer Delaware) and the regulations of the Federal Reserve Board, including Regulations T, U and X).
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 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 repurchase of any outstanding Equity Interests held by the public stockholders of Parent; provided that for any repurchase, (a) at the time of and after giving effect to such repurchase, no Default or Event of Default exists, (b) Availability, after giving effect to such repurchase, (i) the aggregate amount of all such repurchases does not exceed $40,000,000 in the aggregate for the for each day during the 30 day consecutive day period commencingending on the Eighteenth Amendment Date and thereafter, (ii) Availability is not less thanand including the greaterdate of 15% of the Revolver Commitment or $13,000,000, and (c) Average Availabilitysuch repurchase, is, not less than the greater of 15(A) 20% of the Revolver Commitment or $13,000,000 for the thirtyCommitments and (30B) day period immediately preceding such repurchase$18,000,000. Permitted Voluntary Prepayment: (a) Any voluntary prepayment, redemption, defeasance or acquisition of Debt (other than Revolver Loans) of any Obligor made with proceeds of Refinancing Debt or Extraordinary Receipts, as long as (i) no Default or Event of Default exists immediately prior to or arises as a result of such prepayment, redemption, defeasance or acquisition of Debt, and (ii) the Net Cash Amount thereof is applied to the prepayment, redemption, defeasance or acquisition of Debt substantially contemporaneously with the incurrence of such Refinancing Debt or receipt of such Extraordinary Receipts, (b) any voluntary prepayment, redemption, defeasance or acquisition of Debt (other than Revolver Loans) of any Obligor secured by Revenue Equipment made with Available Cash, as long as (i) no Default or Event of Default exists immediately prior to or arises as a result of such prepayment, redemption, defeasance or acquisition of such Debt and (ii) the Liens of the holder of such Debt upon the Revenue Equipment securing such Debt (or, if a partial prepayment with respect to specific item(s) of Revenue Equipment, the Liens on such specific item(s) securing such Debt) shall be released and such Revenue Equipment shall become Collateral hereunder, or (c) any other voluntary prepayment, redemption, or defeasance of Debt (other than Revolver Loans) so long as the Payment Conditions are satisfied.
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 capital stock of the Borrower) will be and have been consummated in accordance in all material respects with applicable Governmental Rules (including, without limitation, the General Corporation Law of the State of Delaware (or the Borrower’s state of organization if no longer Delaware) and the regulations of the Federal Reserve Board, including Regulations T, U and X). Without limiting the foregoing, the Borrower has retired or will retire, pursuant to resolutions of its Board of Directors, all capital stock of the Borrower purchased with the proceeds of a Loan in connection with any Permitted Stock Repurchase immediately following such purchase and correspondingly reduced its capital on its books of account, in each case in accordance with its Organizational Documents and the General Corporation Law of the State of Delaware (or the Borrower’s state of organization if no longer Delaware).
Permitted Stock Repurchases. The purchase by the Parent of the Parent's capital stock (or options to purchase such stock) in accordance with the provisions of ss.8.7 hereof.
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";
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. The Credit Agreement is hereby amended to delete Section 9.6(d) and to insert in place thereof the following:
