Common use of REPURCHASE AT THE OPTION OF HOLDER Clause in Contracts

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 13 contracts

Samples: Stock Option Agreement (United Carolina Bancshares Corp), Stock Option Agreement (Gulf South Medical Supply Inc), Stock Option Agreement (First American Corp /Tn/)

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REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to Section 3(e) and to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 18 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 8 contracts

Samples: Stock Option Agreement (Regions Financial Corp), Stock Option Agreement (Regions Financial Corp), Stock Option Agreement (Regions Financial Corp)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder (i) the Option and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 8 contracts

Samples: Reorganization and Merger Agreement (Cecil Bancorp Inc), Stock Option Agreement (Unb Corp/Oh), Stock Option Agreement (First Financial Corp of Western Maryland)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at At the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder (i) the Option and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." ". Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 8 contracts

Samples: Stock Option Agreement (Peekskill Financial Corp), Agreement and Plan of Merger (Cny Financial Corp), Agreement and Plan of Merger (Peekskill Financial Corp)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a)) hereof, at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 5 contracts

Samples: Stock Option Agreement (Bb&t Corp), Stock Option Agreement (Virginia Capital Bancshares Inc), Stock Option Agreement (First Liberty Financial Corp)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to Section 3(e) and to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 4 contracts

Samples: Stock Option Agreement (Regions Financial Corp), Stock Option Agreement (Jefferson Savings Bancorp Inc), Stock Option Agreement (Union Planters Corp)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 18 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 3 contracts

Samples: Stock Option Agreement (Union Planters Corp), Stock Option Agreement (First Bancorp /In/), Agreement and Plan of Reorganization (Union Planters Corp)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and 8(d))and ending 12 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 2 contracts

Samples: Stock Option Agreement (Gulf South Medical Supply Inc), Stock Option Agreement (Gulf South Medical Supply Inc)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 twelve (12) months immediately thereafter, Issuer shall repurchase from Holder (i) the Option Option, and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." ". Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Union Planters Corp), Option Agreement (Union Planters Corp)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at At the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder (i) the Option and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 2 contracts

Samples: Affiliation and Merger Agreement (1855 Bancorp), Stock Option Agreement (1855 Bancorp)

REPURCHASE AT THE OPTION OF HOLDER. (a) a. Subject to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 18 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 2 contracts

Samples: Stock Option Agreement (First Mutual Bancorp Inc), Agreement and Plan of Reorganization (Union Planters Corp)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a) and Section 3(e), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 2 contracts

Samples: Stock Option Agreement (First Charter Corp /Nc/), Stock Option Agreement (First Charter Corp /Nc/)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at At the request of Holder at any time commencing upon delivered after the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafterprior to an Exercise Termination Event, Issuer shall repurchase from Holder (i) the Option and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 2 contracts

Samples: Stock Option Agreement (Peoples Heritage Financial Group Inc), Stock Option Agreement (Peoples Heritage Financial Group Inc)

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REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at At the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d9(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder (i) the Option and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 9 is referred to as the "Request Date." ". Such repurchase shall be at an aggregate price (the "Section 8 9 Repurchase Consideration") equal to the sum of:

Appears in 2 contracts

Samples: Stock Option Agreement (Alliance Bancorp), Agreement and Plan of Merger (Southwest Bancshares Inc /New/)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a)) of this Agreement, at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) hereof) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder (i) the Option and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 2 contracts

Samples: Stock Option Agreement (American Financial Holdings Inc), Stock Option Agreement (South Jersey Financial Corp Inc)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at At the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder (i) the Option and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 ------------- --------- Repurchase Consideration") equal to the sum of:: ------------------------

Appears in 1 contract

Samples: Stock Option Agreement (Sandwich Bancorp Inc)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at At the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 nine months immediately thereafter, Issuer shall repurchase from Holder (i) the Option and (ii) all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." ". Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Iroquois Bancorp Inc)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a4(a), at the request demand of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d9(d)) and ending 12 months immediately thereafter, Issuer shall repurchase from Holder (i) the Option and or any part of the Option or (ii) any or all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date dates on which Holder exercises may exercise its rights under this Section 8 is 9 are referred to as the "Request Date." Dates". Such repurchase shall be at an aggregate price (the "Section 8 9 Repurchase Consideration") equal to the sum of:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Execufirst Bancorp Inc)

REPURCHASE AT THE OPTION OF HOLDER. (a) Subject to the last sentence of Section 3(a), at the request of Holder at any time commencing upon the first occurrence of a Repurchase Event (as defined in Section 8(d)) and ending 12 24 months immediately thereafter, Issuer shall repurchase from Holder the Option and all shares of Issuer Common Stock purchased by Holder pursuant hereto with respect to which Holder then has beneficial ownership. The date on which Holder exercises its rights under this Section 8 is referred to as the "Request Date." Such repurchase shall be at an aggregate price (the "Section 8 Repurchase Consideration") equal to the sum of:

Appears in 1 contract

Samples: Stock Option Agreement (Bb&t Corp)

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