Redemption or Repurchase Sample Clauses

Redemption or Repurchase. The Distributor shall act as agent for the Trust in connection with the redemption or repurchase of Series shares by the Trust to the extent and upon the terms and conditions set forth in the current applicable prospectus of the Trust relating to the Series shares, and the Trust agrees to reimburse the Distributor, from time to time upon demand, for any reasonable expenses incurred in connection with such redemptions or repurchases. The Trust will remit to the Distributor any contingent deferred sales charges imposed on redemptions or repurchases of Series shares (other than Class B shares) upon the terms and conditions set forth in the then current prospectus of the Trust. The Trust will also remit to the Distributor (or its designee or transferee), in addition to the Class B Distribution Fee, any contingent deferred sales charges imposed on redemptions or repurchases of Class B shares, in accordance with the Remittance Agreement attached hereto as Exhibit B.
AutoNDA by SimpleDocs
Redemption or Repurchase. Borrower shall, after the date of this Agreement, redeem or repurchase (a) any shares of any class or series of its preferred stock or (b) more than Fifty Thousand Dollars ($50,000) in the aggregate of common stock, in each case whether pursuant to a mandatory redemption or otherwise.
Redemption or Repurchase. Within Seven Days. If Shares are tendered to us for redemption or repurchase by us within seven business days after your acceptance of the original purchase order for such Shares, you will immediately refund to us the full sales commission (net of allowances to dealers or brokers) allowed to you on the original sale, and will promptly, upon receipt thereof, pay to us any refunds from dealers or brokers of the balance of sales commissions reallowed by you. We shall notify you of such tender for redemption within 10 days of the day on which notice of such tender for redemption is received by us.
Redemption or Repurchase. The Distributor shall act as agent for the Series in connection with the redemption or repurchase of Series Shares by the Series to the extent and upon the terms and conditions set forth in the current applicable Prospectus of the Series relating to the Series Shares, and the Series agrees to reimburse the Distributor, from time to time upon demand, for any reasonable expenses incurred that are directly related to such redemptions or repurchases. Such expenses would not include any hardware or other infrastructure acquired by the Distributor that is used to facilitate compliance with regulatory requirements.
Redemption or Repurchase. Other than any amounts paid by Company to the Shareholders who exercise appraisal rights, neither Company nor persons related to Company (within the meaning of Treasury Regulations Section 1.368-1(e)(3), (e)(4) and (e)(5)) (i) have redeemed, purchased or otherwise acquired Company capital stock or (ii) have made any distributions with respect to its capital stock prior to and in contemplation of the Transaction or otherwise as part of a plan of which the Transaction is a part.
Redemption or Repurchase. Borrower shall, after the date of this Agreement, redeem or repurchase (a) any shares of any class or series of its preferred stock or (b) more than Fifty Thousand Dollars ($50,000) in the aggregate of common stock, in each case whether pursuant to a mandatory redemption or otherwise; provided however, that if with respect to the Borrower’s Series B Convertible Preferred Stock, issued and outstanding on the date hereof (the “Series B Stock”), such Series B Stock shall be required to be redeemed or requested by the holders thereof to be redeemed in one or more redemptions in accordance with the terms for redemption set forth in Borrower’s Amended and Restated Certificate of Incorporation as currently filed in the State of Delaware (the “Charter”) (a “Redemption”) while any Obligations remain outstanding hereunder or under any of the Loan Documents and (i) Lender is provided not less than sixty (60) days prior written notice of such pending or requested Redemption, and (ii) such Redemption shall not result in Borrower’s available cash and cash equivalents aggregating less than Three Million Dollars immediately subsequent to such Redemption, then in such event such Redemption shall not constitute an Event of Default solely with respect to this Section 8.7.
AutoNDA by SimpleDocs
Redemption or Repurchase. In the event that the Issuer ------------------------ exercises any right of redemption with respect to, or the Issuer or Bermuda Holdings exercises any right to repurchase, a Global Note in whole or in part, as the case may be, the Custodian, upon notice by the Depositary, will promptly surrender such Global Note to the Trustee who shall cause an adjustment to be made to such Global Note such that the aggregate principal amount of such Global Note shall be reduced by the amount of such redemption or repurchase, as the case may be, and shall thereafter return such Global Note (as so adjusted) to the Custodian and thenceforth the Global Receipt representing such Global Note shall automatically represent beneficial ownership of 100% of the Global Note, as adjusted to reflect the reduction in aggregate principal amount; provided, however, that DTC, in its discretion, (a) may request that the Depository issue a new Global Receipt or (b) may make an appropriate notation on such Global Receipt indicating the date and amount of such reduction in principal.
Redemption or Repurchase. Borrower shall, after the date of this Agreement, redeem or repurchase any shares of its equity securities, other than repurchases of stock from former employees of Borrower.
Redemption or Repurchase. The Distributor shall act as agent for the Trust in connection with the redemption or repurchase of Series shares by the Trust to the extent and upon the terms and conditions set forth in the current applicable prospectus of the Trust relating to the Series shares, and the Trust agrees to reimburse the Distributor, from time to time upon demand, for any reasonable expenses incurred in connection with such redemptions or repurchases. The Trust will remit to the Distributor any contingent deferred sales charges imposed on redemptions or repurchases of Series shares upon the terms and conditions set forth in the then current prospectus of the Trust.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!