Repurchase and Cancellation Sample Clauses

Repurchase and Cancellation. To the extent permitted by law, the Company may at any time and from time to time repurchase Notes in open market purchases or by tender at any price or in negotiated transactions without giving prior notice to Holders. The Company shall surrender any Notes repurchased by the Company to the Trustee for cancellation in accordance with Section 2.12 of the Original Indenture and any such Notes repurchased by the Company shall be deemed to be no longer Outstanding. Any Notes surrendered for cancellation by the Company shall not be reissued or resold.
AutoNDA by SimpleDocs
Repurchase and Cancellation. In consideration for the Purchase Price (as defined below), the Securityholder hereby sells, assigns and transfers to the Company, and the Company hereby accepts, purchases and acquires, all of the Securityholder’s right, title and interest in and to the Repurchased Securities.
Repurchase and Cancellation. The Company and its Affiliates may at any time purchase the Series A Convertible Preference Shares in the open market, or by tender offer or private agreement or otherwise at any price, without giving prior notice to Holders of Series A Convertible Preference Shares. Any Series A Convertible Preference Shares which are purchased by the Company and/or its Affiliates will be cancelled and shall revert to authorized and unissued preference shares, undesignated as to series and available for future issuance.
Repurchase and Cancellation. The Issuer may, to the extent permitted by law, repurchase any Notes in the open market or by tender offer at any price or by private agreement, whether by the Issuer, the Guarantor or their respective Subsidiaries, including pursuant to cash-settled swaps or derivatives. Any Notes repurchased by the Issuer or the Guarantor (other than Notes repurchased pursuant to cash-settled swaps or derivatives) will be surrendered to the Securities Administrator for cancellation, but such Notes may not be reissued or resold by the Issuer or the Guarantor. Any Notes surrendered for cancellation to the Securities Administrator may not be reissued or resold and shall be promptly cancelled by the Securities Administrator in accordance with its standard procedures and not considered “outstanding” under this Indenture.
Repurchase and Cancellation. Any Common Stock issued pursuant to exercise of this Option is subject to the right of the Company to purchase set forth in Section 4.5 of the Shareholder Agreement between the Optionee and the Company, dated December 29, 1999 (the "Shareholder Agreement"), and any unexercised Options are subject to cancellation as set forth in Section 4.5 of the Shareholder Agreement.
Repurchase and Cancellation. (a) In the event that Seller fails to meet the Profit Targets, the Purchaser is entitled and may elect to repurchase all of the Purchaser Consideration Shares from the Seller or its assignees at the sole consideration of Subject Shares (“Cancellation Option of The9”), and the Seller is entitled and may elect to repurchase all of the Subject Shares from the Purchaser or its assignees at the sole consideration of Purchaser Consideration Shares (“Cancellation Option of Seller”, together with the Cancellation Option of The9, the “Cancellation Option”). The Cancellation Option shall only be exercised by the delivery of a written notice from the party exercising the Cancellation Option to the other party (the “Cancellation Option Notice”) specifying the (i) exercise of the Cancellation Option and (ii) the proposed delivery date of, with respect to Cancellation Option of The9, the Purchaser Consideration Shares, or with respect to Cancellation Option of Seller, the Subject Shares, which shall be at least fifteen (15) days from the date of the Cancellation Option Notice (the “Cancellation Option Closing Date”). On Cancellation Option Closing Date, The Purchaser shall cause the delivery of Subject Shares and the Seller shall cause the delivery of Cancellation Option Shares. Upon the closing of the Cancellation Option, this agreement shall be deemed terminated.
Repurchase and Cancellation. Each of the Registrar, Paying Agent and Conversion Agent (if other than the Trustee) will forward to the Trustee any Notes surrendered to it by Holders for transfer, exchange, payment or conversion. All Notes delivered to the Trustee shall be cancelled promptly by the Trustee in the manner provided in the Base Indenture and may not be reissued or resold. No Notes shall be authenticated in exchange for any Notes cancelled, except as provided in the Base Indenture. The Company may, to the extent permitted by law, directly or indirectly (regardless of whether such Notes are surrendered to the Company), repurchase Notes in the open market or otherwise, whether by the Company or its Subsidiaries or through private or public tender or exchange offers or through counterparties to private agreements, including cash-settled swaps or other derivatives. The Company shall cause any Notes so repurchased (other than Notes repurchased pursuant to cash-settled swaps or other derivatives) to be surrendered to the Trustee for cancellation, and such Notes will no longer be considered “outstanding” under the Indenture upon their repurchase.
AutoNDA by SimpleDocs
Repurchase and Cancellation. Subject to the terms and conditions of this Agreement, the Repurchase Stockholder agrees to sell, assign, transfer, convey and deliver to the Company, and the Company agrees to purchase, accept and take from the Repurchase Stockholder, at the Closing (as defined in Section 1.2) the Repurchase Shares as consideration for the payment of the Balance and the discharge of all of the Repurchase Stockholders obligations under the Note (the “Repurchase Consideration”). The Repurchase Stockholder agrees that he is not entitled to any consideration other than the Repurchase Consideration in connection with the Company’s purchase of the Repurchase Shares.
Repurchase and Cancellation. We may, to the extent permitted by law, repurchase any Notes in the open market or by tender offer at any price or by private agreement. Any Notes repurchased by us may be surrendered to the trustee for cancellation, but may not be reissued or resold by us. Any Notes surrendered for cancellation to the trustee may not be reissued or resold and will be promptly cancelled.
Repurchase and Cancellation. The Issuer may, to the extent permitted by law, repurchase any Notes in the open market or by tender offer at any price or by private agreement, whether by the Issuer, any Guarantor or their respective Subsidiaries, including pursuant to cash-settled swaps or derivatives. Any Notes repurchased by the Company or any controlled “Affiliate” (other than Notes repurchased pursuant to cash-settled swaps or derivatives) will be surrendered to the Trustee for cancellation, but such Notes may not be reissued or resold by the Company. Any Notes surrendered for cancellation to the Trustee may not be reissued or resold and shall be promptly cancelled by the Trustee in accordance with its standard procedures and not considered “outstanding” under this Indenture.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!