Common use of Repurchase of Preferred Shares Clause in Contracts

Repurchase of Preferred Shares. Except as provided in the Company's Articles of Amendment, the Company shall not, and shall not permit any Subsidiary or any affiliate of the Company to, directly or indirectly, redeem or repurchase or make any offer to redeem or repurchase any Preferred Shares (or Conversion Shares), unless the Company, such Subsidiary or such affiliate has offered to repurchase Preferred Shares (or Conversion Shares) pro rata, from all holders of outstanding Preferred Shares (or Conversion Shares) upon the same terms.

Repurchase of Preferred Shares. Except as provided in the Company's Articles of Amendment, the Company shall not, and shall not permit any Subsidiary or any affiliate of the Company to, directly or indirectly, redeem or repurchase or make any offer to redeem or repurchase any Preferred Shares (or Conversion Shares), unless the Company, such Subsidiary or such affiliate has offered to repurchase Preferred Shares (or Conversion Shares) pro rata, from all holders of outstanding Preferred Shares (or Conversion Shares) upon the same termsterms and such repurchase has been approved by not less than a majority of the outstanding Preferred Shares (voting as a single class).

Repurchase of Preferred Shares. Except as provided in the Company's Articles of AmendmentIncorporation, the Company shall not, and shall not permit any Subsidiary or any affiliate of the Company to, directly or indirectly, redeem or repurchase or make any offer to redeem or repurchase any Preferred Shares (or Conversion Shares), unless the Company, such Subsidiary or such affiliate has offered to repurchase Preferred Shares (or Conversion Shares) pro rata, from all holders of outstanding Preferred Shares (or Conversion Shares) upon the same terms.

Repurchase of Preferred Shares. Except as provided in the Company's Articles of Amendment, the Company shall not, and shall not permit any Subsidiary or any affiliate of the Company to, directly or indirectly, redeem or repurchase or make any offer to redeem or repurchase any Preferred Shares (or Conversion Shares), unless the Company, such Subsidiary or such affiliate has offered to repurchase Preferred Shares (or Conversion Shares) pro rata, from all holders of outstanding Preferred Shares (or Conversion Shares) upon the same termsterms and such repurchase has been approved by not less than 60% of the outstanding Preferred Shares.