Purchase by the Corporation. Notwithstanding Section 3.1(b), the Corporation may from time to time purchase Subscription Receipts by private agreement or otherwise, and any such purchase may be made in such manner, from such Persons, at such prices and on such terms as the Corporation in its sole discretion may determine in agreement with the applicable Subscription Receiptholder. Subscription Receipt Certificates representing Subscription Receipts purchased by the Corporation pursuant to this Section 2.2(a) shall be surrendered to the Subscription Receipt Agent for cancellation and shall be accompanied by a Written Direction of the Corporation to the Subscription Receipt Agent to cancel the Subscription Receipts represented thereby and shall not be reissued. For greater certainty, nothing in this Section 2.2(a) shall grant to the Corporation a unilateral right of redemption with respect to the Subscription Receipts.
Purchase by the Corporation. Whenever the Corporation, pursuant to this Agreement, purchases Shares, all Shareholders shall do all things and execute and deliver all papers as may be necessary to consummate such purchase. All Shares so purchased by the Corporation shall be cancelled.
Purchase by the Corporation. Upon the death of Thomxx X. Xxxxxxxx (xxrein "Kowaxxxx"), each Stockholder shall have an option for ninety (90) days from the date of Kowaxxxx'x xxxth to cause a Purchase (as hereinafter defined) by the Corporation. Such option may be exercised by any Stockholder by delivering a written notice (an "Exercise Notice") to the Corporation, signed by the Stockholder, requesting that a number of such Stockholder's shares be purchased pursuant to this Agreement. The number of shares to be purchased shall be designated by the Stockholder in the Exercise Notice and shall not exceed the number of shares owned by such Stockholder's at the time of Kowaxxxx'x xxxth. The Exercise Notice must be received by the Corporation within ninety (90) days from the date of Kowaxxxx'x xxxth. Once given and timely received, the Exercise Notice shall be irrevocable with respect to the Stockholders executing such Exercise Notice (the "Selling Stockholders"), and the Corporation and the Selling Stockholders, respectively, agree to consummate a Purchase, on the terms set forth in Section 4.02.
Purchase by the Corporation. The Preferred Shares of any series may be purchased for cancellation or made subject to redemption by the Corporation at such times and at such prices and upon such other terms and conditions as may be specified in the rights, privileges, restrictions and conditions attaching to the Preferred Shares of such series as set forth in the articles of amendment relating to such series.
Purchase by the Corporation. 2.5.1 Subject to the provisions of the Act, the Corporation may at any time or from time to time purchase all or any part of the then outstanding Preference Shares at the lowest price at which, in the opinion of the Board of Directors, such shares are obtainable, but not exceeding the redemption price calculated in the manner set out in 2.6.1.
Purchase by the Corporation. (a) Subject to Section 2.9, the Corporation may, at any time and from time to time, at the Corporation's option, purchase this Note for cancellation by tender or by private contract, at any price agreed to by the Holder.
(b) The Corporation may not purchase this Note by private contract if a Default has occurred and is continuing.
Purchase by the Corporation. 5.1 Purchase of Notes by the Corporation Subject to Article 4, unless otherwise specifically provided with respect to a particular series of Notes, the Corporation may, at any time and from time to time but subject to each Subordination Agreement, purchase Notes in the market (which shall include purchases from or through an investment dealer or a firm holding membership on a recognized stock exchange or quotation system) or by tender or by private contract, at any price provided; however, that if an Event of Default has occurred and is continuing, the Corporation will not have the right to purchase Notes by private contract. All Notes so purchased may, at the option of the Corporation, be delivered to the Trustee and shall be cancelled and no Notes shall be issued in substitution therefor. If, upon an invitation for tenders, more Notes are tendered at the same lowest price that the Corporation is prepared to accept, the Notes to be purchased by the Corporation shall be selected by the Trustee on a pro rata basis or in such other manner which the Trustee considers appropriate, from the Notes tendered by each tendering Noteholder who tendered at such lowest price. For this purpose the Trustee may make, and from time to time amend, regulations with respect to the manner in which Notes may be so selected, and regulations so made shall be valid and binding upon all Noteholders, notwithstanding the fact that as a result thereof one or more of such Notes become subject to purchase in part only. The holder of a Note of which a part only is purchased, upon surrender of such Note for payment, shall be entitled to receive, without expense to such holder, one or more new Notes for the unpurchased part so surrendered, and the Trustee shall certify and deliver such new Note or Notes upon receipt of the Note so surrendered or, with respect to a Global Note, the Depository shall make notations on the Global Note of the principal amount thereof so purchased.
Purchase by the Corporation. For a period (the "Corporation Option Period") of thirty (30) days after the delivery of the Offer, the Corporation shall have the sole and exclusive right to purchase all or any portion of the Offered Shares specified in the Offer upon the Offered Terms. The Corporation may elect by written notice to the Stockholders to waive its right of first refusal. Immediately upon the expiration of the Corporation Option Period, or upon the waiver of such right, the Corporation shall give to each of the Eligible Stockholders written notice stating the Offered Terms for the Offered Shares specified in the Offer and the number and amount of Offered Shares, if any, for which the Corporation has not exercised its option under this subsection (a). To the extent practicable, the Corporation shall not purchase fewer Shares than the number of Shares, that when aggregated with all other concurrent sales by the Offeror, is necessary to prevent such purchase by the Corporation from being deemed to be a dividend pursuant to Section 302 of the Internal Revenue Code of 1986, as amended.
Purchase by the Corporation. 55
8.1 Notice of Payment in Shares 56 8.2 Debentures Due on Maturity Date 56 8.3 Deposit of Freely Tradable Shares 56 8.4 Right to Repay Principal Amount and Accrued Interest in Shares 56 8.5 Failure to Surrender Debentures Called on Maturity 59 8.6 Cancellation of Debentures on Maturity 59 8.7 Legend on Shares 59
Purchase by the Corporation. Prior to the Corporation's Initial Public Offering, if a Participant ceases to be employed by, or provide service to, the Corporation, any Subsidiary or any Affiliate, the Corporation shall have the right to purchase, for a period of 60 days following the date such Participant ceases to be employed by, or provide service to, the Corporation, any Subsidiary or any Affiliate, all or part of any Common Shares acquired by him or her under this Plan at the fair market value of such Common Shares on the date, if any, on which such shares are repurchased by the Corporation, as reasonably determined by the Committee; provided, however, that such MITEL NETWORKS CORPORATION EMPLOYEE STOCK OPTION PLAN repurchase shall be made in accordance with applicable accounting rules to avoid adverse accounting treatment.
