Common use of Repurchase of Option Clause in Contracts

Repurchase of Option. (a) At any time after the occurrence of a Repurchase Event (defined below): (i) at the request of Holder, delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase the Option from Holder at a price (the "OPTION REPURCHASE PRICE") equal to the amount by which (x) the market/offer price (as defined below) exceeds (y) the Option Price, multiplied by the number of shares for which this Option may then be exercised; and (ii) at the request of the owner of Option Shares from time to time (the "OWNER"), delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase such number of the Option Shares from Owner as Owner shall designate at a price (the "OPTION SHARE REPURCHASE PRICE") equal to the market/offer price multiplied by the number of Option Shares so designated. The term "

Repurchase of Option. (a) At any time after Upon the occurrence of a Repurchase Purchase Event (defined below): that occurs prior to an Exercise Termination Event, (i) at the request (the date of Holder, delivered prior to an Exercise Termination Event (or such later period as provided in Section 10)request being the "Option Repurchase Request Date") of Grantee, Issuer (or any successor to Issuer) shall repurchase the Option from Holder Grantee at a price (the "OPTION REPURCHASE PRICEOption Repurchase Price") equal to the amount by which (xA) the market/offer price (as defined below) exceeds (yB) the Option Price, multiplied by the number of shares for which this the Option may then be exercised; exercised and (ii) at the request (the date of such request being the "Option Share Repurchase Request Date") of the owner of Option Shares from time to time (the "OWNEROwner"), delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase such number of the Option Shares from the Owner as the Owner shall designate at a price (the "OPTION SHARE REPURCHASE PRICEOption Share Repurchase Price") equal to the market/offer price multiplied by the number of Option Shares so designated. The term "

Repurchase of Option. (a) At any time after the occurrence of a Repurchase Event (defined below): (i) at the request of Holder, delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase the Option from Holder at a price (the "OPTION REPURCHASE PRICEOption Repurchase Price") equal to the amount by which (x) the marketMarket/offer price Offer Price (as defined below) exceeds (y) the Option Price, multiplied by the number of shares for which this Option may then be exercised; and (ii) at the request of the owner of Option Shares from time to time (the "OWNEROwner"), delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase such number of the Option Shares from Owner as Owner shall designate at a price (the "OPTION SHARE REPURCHASE PRICEOption Share Repurchase Price") equal to the marketMarket/offer price Offer Price multiplied by the number of Option Shares so designated. The term "

Repurchase of Option. (a) At any time after the occurrence of a Repurchase Event (defined below): ) which occurs prior to an Exercise Termination Event: (i) at the request of Holder, delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase the Option from Holder at a price (the "OPTION REPURCHASE PRICE") equal to the amount by which (x) the market/offer price (as defined below) exceeds (y) the Option Price, multiplied by the number of shares for which this Option may then be exercised; and (ii) at the request of the owner of Option Shares from time to time (the "OWNER"), delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase such number of the Option Shares from Owner as Owner shall designate at a price (the "OPTION SHARE REPURCHASE PRICE") equal to the market/offer price multiplied by the number of Option Shares so designated. The term "

Repurchase of Option. (a) At any time after Upon the occurrence of a Repurchase Purchase Event (defined below): that occurs prior to an Exercise Termination Event, (i) at the request (the date of Holder, delivered prior to an Exercise Termination Event (or such later period as provided in Section 10)request being the "Option Repurchase Request Date") of Grantee, Issuer (or any successor to Issuer) shall repurchase the Option from Holder Grantee at a price (the "OPTION REPURCHASE PRICEOption Repurchase Price") equal to the amount by which (xA) the marketMarket/offer price Offer Price (as defined below) exceeds (yB) the Option Price, multiplied by the number of shares for which this the Option may then be exercised; exercised and (ii) at the request (the date of such request being the "Option Share Repurchase Request Date") of the owner of Option Shares from time to time (the "OWNEROwner"), delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase such number of the Option Shares from the Owner as the Owner shall designate at a price (the "OPTION SHARE REPURCHASE PRICEOption Share Repurchase Price") equal to the marketMarket/offer price Offer Price multiplied by the number of Option Shares so designated. The term "

Repurchase of Option. (a) a. At any time after the occurrence of a Repurchase Event (as defined below): ) (i) at the request of the Holder, delivered prior to an Exercise Termination Event (or such later period as provided in Section 10)the termination of this Agreement, Issuer JBI (or any successor to Issuerthereto) shall repurchase the Option from Holder the holder of this Option (the "Holder") at a price (the "OPTION REPURCHASE PRICEOption Repurchase Price") equal to the amount by which (xA) the market/offer price (as defined below) exceeds (yB) the Option Price, multiplied by the number of shares for which this Option may then be exercised; exercised and (ii) at the request of the owner of Option Shares from time to time (the "OWNER"), delivered Owner"),delivered prior to an Exercise Termination Event (or such later period as provided in Section 10)the termination of this Agreement, Issuer JBI (or any successor to Issuerthereto) shall repurchase such number of the Option Shares from the Owner as the Owner shall designate at a price (the "OPTION SHARE REPURCHASE PRICEOption Share Repurchase Price") equal to the market/offer price multiplied by the number of Option Shares so designated. The term "

Repurchase of Option. (a) At any time after the occurrence of a Repurchase Event (defined below): (i) at the request of Holder, delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase the Option from Holder at a price (the "OPTION REPURCHASE PRICEOption Repurchase Price") equal to the amount by which (x) the market/offer price (as defined below) exceeds (y) the Option Price, multiplied by the number of shares for which this Option may then be exercised; and (ii) at the request of the owner of Option Shares from time to time (the "OWNEROwner"), delivered prior to an Exercise Termination Event (or such later period as provided in Section 10), Issuer (or any successor to Issuer) shall repurchase such number of the Option Shares from Owner as Owner shall designate at a price (the "OPTION SHARE REPURCHASE PRICEOption Share Repurchase Price") equal to the market/offer price multiplied by the number of Option Shares so designated. The term "