Common use of Power of the Company to Purchase its Shares Clause in Contracts

Power of the Company to Purchase its Shares. The Company may purchase its own shares in accordance with the provisions of the Act on such terms as the Board shall think fit. The Board may exercise all the powers of the Company to purchase all or any part of its own shares in accordance with the Act.

Appears in 3 contracts

Samples: Shareholders Agreement (China Netcom Group CORP (Hong Kong) LTD), Recapitalization Agreement (Enstar Group Inc), Shareholders Agreement (China Netcom Group CORP (Hong Kong) LTD)

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Power of the Company to Purchase its Shares. The Company may purchase its own shares in accordance with the provisions of the Act and as permitted by the Shareholders’ Agreement on such terms as the Board shall think fit. The Board may exercise all the powers of the Company to purchase all or any part of its own shares in accordance with the ActAct and the provisions of the Shareholders’ Agreement.

Appears in 1 contract

Samples: Shareholders’ Agreement (Travelport LTD)

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