Common use of Redemption/Repurchase of Securities Clause in Contracts

Redemption/Repurchase of Securities. Redeem or repurchase any of its outstanding convertible subordinated bonds or any class of its capital stock now or hereafter outstanding, unless after giving effect to any such redemption or repurchase it is in compliance with its covenants hereunder and no Event of Default shall have occurred and be continuing and notification of any such redemption or repurchase shall be included in the next quarterly Compliance Certificate delivered to the Agent;

Appears in 3 contracts

Samples: Credit Agreement (Era Group Inc.), Assignment and Assumption Agreement (Seacor Holdings Inc /New/), Assignment and Assumption Agreement (Seacor Holdings Inc /New/)

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Redemption/Repurchase of Securities. Redeem redeem or repurchase any of its outstanding convertible subordinated bonds or any class of its capital stock now or hereafter outstandingoutstanding shares, unless after giving effect to any such redemption or repurchase it is in compliance with its covenants hereunder and no Event of Default shall have occurred and be continuing and notification of any such redemption or repurchase shall be included in the next quarterly Compliance Certificate delivered to the Agent;; and

Appears in 2 contracts

Samples: Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)

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