Common use of REDEMPTION OR REPURCHASE OF STOCK; REPURCHASE OF PARTNERSHIP INTERESTS Clause in Contracts

REDEMPTION OR REPURCHASE OF STOCK; REPURCHASE OF PARTNERSHIP INTERESTS. If the Borrower is a corporation, not redeem or repurchase any class of the Borrower's stock now or hereafter outstanding. If the Borrower is a partnership, not purchase or repurchase, in whole or in part, any partnership interest.

Appears in 3 contracts

Samples: Term Loan Agreement (Scheid Vineyards Inc), Term Loan Agreement (Scheid Vineyards Inc), Term Loan Agreement (Scheid Vineyards Inc)

AutoNDA by SimpleDocs

REDEMPTION OR REPURCHASE OF STOCK; REPURCHASE OF PARTNERSHIP INTERESTS. If the Borrower is a corporation, not Not redeem or repurchase any class of the Borrower's its stock now or hereafter outstanding. If the Borrower is a partnership, not outstanding or purchase or repurchase, in whole or in part, any partnership interest; provided that any Subsidiary wholly owned by the Borrower may do any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Bre Properties Inc /Md/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.