Repurchase of Common Stock. (a) If the Initial Limited Partner shall elect to purchase from its stockholders Common Stock for the purpose of delivering such Common Stock to satisfy an obligation under any dividend reinvestment plan adopted by the Initial Limited Partner, any employee stock purchase plan adopted by the Initial Limited Partner, or for any other purpose, the purchase price paid by the Initial Limited Partner for such Common Stock and any other expenses incurred by the Initial Limited Partner in connection with such purchase shall be considered expenses of the Partnership and shall be reimbursed to the Initial Limited Partner, subject to the condition that:
Repurchase of Common Stock. The Company shall give 30 days prior written notice to each Holder before purchasing, redeeming, retiring or otherwise acquiring any shares of Common Stock of the Company.
Repurchase of Common Stock. (a) Under the terms and subject to the conditions hereof and in reliance upon the representations, warranties and agreements contained herein, at the Closing (as defined below), the Sellers shall sell to Open Lending such aggregate number of shares of Common Stock (such aggregate amount, the “Repurchased Shares”) equal to $20.0 million (the “Purchase Price”), divided by the price at which the shares of Common Stock are sold to the public in the Secondary Offering, less the underwriting discount.
Repurchase of Common Stock. The Company covenants and agrees that it will not, without the prior written consent of each affected Bank Holder, to the extent that such Bank Holder is subject to the provisions of the Bank Holding Company Act of 1956, as amended (including Regulation Y promulgated thereunder), directly or indirectly, purchase, redeem, retire or otherwise acquire any shares of capital stock of the Company if, as a result of such purchase, redemption, retirement or other acquisition, any Bank Holder, together with its Affiliates, will own, or be deemed to own, Warrant Shares or other shares of capital stock of the Company representing capital equal to 5% or more of the aggregate shares of capital stock of the Company then outstanding (assuming the full exercise of all Warrants then held by such Bank Holder and its Affiliates).
Repurchase of Common Stock. DPUI agrees that for so long as members of the Alleghany Group beneficially own, in the aggregate, more than fifty percent (50%) of the then outstanding shares of Common Stock, DPUI shall not, and shall cause the other members of the DPUI Group not to, purchase, redeem or otherwise acquire or retire for value any shares of Common Stock or any warrants, options or other rights to acquire Common Stock other than (i) the repurchase of Common Stock deemed to occur upon exercise of stock options to the extent that shares of Common Stock represent a portion of the exercise price of the stock options or are withheld by DPUI to pay applicable withholding taxes and (ii) the repurchase of Common Stock deemed to occur to the extent shares of Common Stock are withheld by DPUI to pay applicable withholding taxes in connection with any grant or vesting of restricted stock.
Repurchase of Common Stock. In the event that MJG and SZI, whether directly or indirectly through any Affiliate, shall at any time without the express approval of a Disinterested Majority have in the aggregate Beneficial Ownership of Common Stock in excess of 35% of the Fully Diluted Common Stock of Matria (whether due to redemption, open market repurchases, an issuer tender offer or otherwise), Matria shall have the right and option, in addition to any other remedy for breach of this Agreement, to repurchase shares of Common Stock held by MJG Affiliates or the SZI Affiliates (other than shares of Common Stock acquired upon conversion of the Convertible Preferred Stock or upon exercise of the Warrants) in order to reduce such beneficial ownership of Common Stock to such percentage. Such right and option may be exercised by Matria by delivering written notice to MJG or SZI, as the case may be, on any business day at the address set forth in Section 7(h) and the closing of the repurchase shall occur at the principal office of Matria within 10 business days of the date of such notice. At such closing, Matria shall tender the Market Price per share of the Common Stock subject to repurchase in immediately available funds and the selling party shall deliver certificates for the shares to be purchased duly endorsed for transfer to Matria together with a certificate to the effect that such selling party owns the shares to be transferred free and clear of any and all liens, claims and other adverse interests other than restrictions imposed by applicable securities laws.
Repurchase of Common Stock. In the event that Executive’s employment terminates for any reason, the Company shall have the right (or obligation) to purchase all of the shares of Common Stock that the Executive owns, whether acquired before or after the Effective Date of this Agreement, subject to the terms and conditions set forth herein.
Repurchase of Common Stock. Simultaneously with the Closing, the Company shall have purchased from Raul Xxxxxxxxx xx aggregate of 359,712 shares of Common Stock for an aggregate purchase price of $1,500,000.
Repurchase of Common Stock. Upon the terms and subject to the conditions set forth in this Agreement, the Company hereby agrees to repurchase from the Stockholder, and the Stockholder hereby agrees to sell to the Company, all of the Stockholder's right, title and interest in and to the Repurchase Shares. On the Effective Date, the Stockholder shall deliver to the Company certificates representing the Repurchase Shares, duly executed for cancellation, or accompanied by stock powers duly executed in blank (with a medallion guarantee or such other evidence of signature as the Company’s transfer agent may require) whereupon the officers of the Company shall cancel such shares by delivering the Shares to the Company’s stock transfer agent for cancellation. In the event that the certificate delivered by the Stockholder shall represent a greater number of shares of Common Stock, the Company shall promptly reissue and deliver to Stockholder a certificate representing any shares of Common Stock delivered in excess of the Repurchase Shares.
Repurchase of Common Stock. 14 5.04 Transfer, Division and Combination..............................14
