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Purchase of Capital Stock Sample Clauses

Purchase of Capital StockEach Loan Party shall not, nor shall it permit any party to, purchase, redeem or otherwise acquire any of such Loan Party’s issued Capital Stock (other than (i) in connection with Borrower’s acquisition of the Capital Stock of Project Company in accordance with the SPA and (ii) in connection with the contribution of equity to Borrower by Holdings (as long as such equity remains subject to the Security Documents) and, following the consummation of the Acquisition, by Borrower to Project Company) or otherwise reduce its Capital Stock; provided that the foregoing shall in no way be construed to limit such Loan Party’s ability to make Restricted Payments.
Purchase of Capital StockThe Company will not directly or indirectly purchase, acquire, redeem or retire any share of its outstanding capital stock or any securities exercisable for, or convertible into, its capital stock, except of shares held by a stockholder out of proceeds of any life insurance policy on such stockholder's life.
Purchase of Capital Stock. The additional capital contributed by MENTOR hereunder shall be credited against the purchase price for shares of the Common Stock of NAMS at a price that is equal to one hundred ten percent (110%) of the average closing price of the shares of the common stock of NAMS as reported in the Western Edition of the WALL STREET JOURNAL for the twenty (20) trading days preceding the date on which NAMS gives a written request to a MENTOR for such additional capital pursuant to Section 3.3, below.
Purchase of Capital StockAt the Closing referred to in Section 2.1 below, the Stockholder will sell and assign to Buyer, and Buyer will purchase from the Stockholder, all of the shares of Capital Stock, free and clear of all Encumbrances (as defined in Section 3.4(c)).
Purchase of Capital Stock. (a) Each Loan Partyshall not, nor shall it permit any party to, purchase, redeem or otherwise acquire any of such Loan Party’s issued Capital Stock (other than as contemplated by Borrower LLC Agreement) or otherwise reduce its Capital Stock; provided that the foregoing shall in no way be construed to limit such Loan Party’s ability to make Restricted Payments. (b) Borrower shall not causeor permitany OpCo Loan Party to, nor shall Borrower cause any OpCo Loan Party to permit any party to, purchase, redeem or otherwise acquire any of such OpCo Loan Party’s issued Capital Stock (i) (other than in connection with OpCo Borrower’s acquisition of the Capital Stock of Project Company in accordance with the SPA and (ii) in connection with the contribution of equity by OpCo Borrower by OpCo Pledgor (as long as such equity remains subject to the Security Documents) and, following the consummation of the Acquisition, by OpCo Borrower to Project Company) or otherwise reduce its Capital Stock; provided that the foregoing shall in no way be construed to limit such OpCo Loan Party’s ability to make “Restricted Payments” (as defined in the OpCo Senior Credit Agreement in effect as of the date hereof).
Purchase of Capital Stock. Subject to the terms and conditions set forth herein and in Attachments A and B hereto (the "Term Sheets"), when the conditions specified in paragraph 6 are satisfied, each Investor will purchase shares of common stock of Newco (the "Common Stock") representing 50% of the initial outstanding Common Stock, and will purchase shares of Newco Series A Convertible Preferred Stock (the "Preferred Stock") as described in Attachment A hereto, for the dollar amounts set forth opposite such Investors' names on the signature page hereof (such Investor's "Commitment").
Purchase of Capital Stock. The Shares to be purchased by Purchaser at the Closing shall consist solely of the Company's Capital Stock, and at such time there shall be no other outstanding securities of or rights to purchase or otherwise acquire securities of the Company.
Purchase of Capital Stock. Purchase, redeem or retire any of its capital stock in excess of $500.000 in the aggregate per annum, or make any other distribution of property in respect of the Borrower's stock.
Purchase of Capital StockNo Loan Party shall, nor shall it permit any party to, purchase, redeem or otherwise acquire any of such Loan Party’s issued Capital Stock (other than in connection with OIC Persons’ acquisition of the Capital Stock of Holdings in accordance with the LLC Agreement) or otherwise reduce its Capital Stock; provided that the foregoing shall in no way be construed to limit such Loan Party’s ability to make Restricted Payments.
Purchase of Capital StockEach Loan Party shall not, nor shall it permit any party to, purchase, redeem, or otherwise acquire any of such Loan Party’s issued Capital Stock or otherwise reduce its Capital Stock.