Common use of REDEMPTION OR REPURCHASE OF STOCK Clause in Contracts

REDEMPTION OR REPURCHASE OF STOCK. Not redeem or repurchase any class of the Borrower's stock now or hereafter outstanding except stock repurchases of up to $600,000 in any one fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Diamond Multimedia Systems Inc)

AutoNDA by SimpleDocs

REDEMPTION OR REPURCHASE OF STOCK. Not redeem or repurchase any class of the Borrower's stock now or hereafter outstanding outstanding, except stock repurchases in an amount of up to $600,000 7,000,000.00 in any one fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Applied Signal Technology Inc)

REDEMPTION OR REPURCHASE OF STOCK. Not redeem or repurchase any class of the Borrower's stock now or hereafter outstanding outstanding; except stock repurchases of up to $600,000 25,000,000 of repurchased stock in any one fiscal yearthe aggregate during calendar year 1998 and 1999.

Appears in 1 contract

Samples: Line of Credit Agreement (Maxwell Technologies Inc)

AutoNDA by SimpleDocs

REDEMPTION OR REPURCHASE OF STOCK. Not redeem or repurchase any class of the each Borrower's stock now or hereafter outstanding outstanding, except stock repurchases in an amount of up to $600,000 12,000,000.00 in any one fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Osi Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!