Repurchase of Preferred Stock. The Company shall repurchase the Preferred Stock for $100 per share, plus an amount equal to accrued and unpaid dividends from October 1, 1993 to the date of repurchase, payable in cash on the date of such repurchase. Such repurchase shall occur as soon as practicable after the execution of this Agreement.
Repurchase of Preferred Stock. Lender shall tender and Borrower shall repurchase from Lender Two Hundred Fifty Thousand (250,000) shares of Preferred Stock originally purchased by Lender in August 2007 by wiring to Lender the sum of Two Hundred Fifty Thousand Dollars ($250,000.00). Lender's Affiliate shall tender and Borrower shall repurchase from Lender's Affiliate Two Hundred Fifty Thousand (250,000) shares of Preferred Stock originally purchased by Lender in August 2007 by wiring to Lender's Affiliate the sum of Two Hundred Fifty Thousand Dollars ($250,000.00). Lender and Lender's Affiliate shall each retain those preferred share dividends which had been issued to date in connection with the returned preferred shares.
Repurchase of Preferred Stock. On the Closing Date with the proceeds of the Unsecured Subordinated Notes and a portion of the Term Loan, Company shall have repurchased (or dedicated to the repurchase of) all of the outstanding Preferred Stock of Company, in each case pursuant to arrangements, and in form and substance, satisfactory to Arranging Agent and Administrative Agent.
Repurchase of Preferred Stock. In the event of a change in control of Chemed and/or the Investor as defined in Section 5 hereof, the Investor hereby agrees, upon at least 15 days' prior written notice and subject to appropriate documentation and compliance with all applicable legal requirements, to sell and deliver to any designee of Vitas all or a portion of the shares of Preferred Stock which such designee wishes to acquire so long as such designee tenders to the Investor the same price that the Investor would receive if Vitas were to redeem at the option of Vitas such shares pursuant to Section 3 of the Certificate of Designation, Preferences and Other Rights of 9.0% Cumulative Nonconvertible Preferred Stock of Vitas, as amended.
Repurchase of Preferred Stock. At or prior to the Closing, Gulfstream shall redeem all of its outstanding shares of Senior Non-Cumulative Perpetual Preferred Stock, Series D for an amount no greater than $7.5 million plus accrued and unpaid dividends to the date of redemption.
Repurchase of Preferred Stock. In the event that (a) the Company is conducting any financing whether equity, debt or a combination thereof and (b) on the closing thereof, the Common Stock is trading below the Floor Price, the Company shall use of the proceeds from the financing to purchase any remaining shares of the Series C Preferred Stock at the then Stated Value.
Repurchase of Preferred Stock. Neither the Company nor any Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Preferred Stock and the Preferred Stock may only be redeemed in accordance with its terms.
Repurchase of Preferred Stock. On the earlier of (a) the repayment in full of all obligations arising under this Loan Agreement and (b) the Termination Date, the Borrower agrees to purchase the 1,500,000 shares of Borrower’s Preferred Stock currently owned by an affiliate of the Lender for $1,500,000 payable by wire transfer in immediately available funds.”
Repurchase of Preferred Stock. Borrower shall not repurchase its preferred stock unless (i) the funds used for such purchase are from operations and not from borrowed funds, and (ii) Borrower remains in compliance with all Financial Covenants.
2.17 Sectxxxx 00.0(x), (x), (x), (x), (x), (x), (x), (x), (x), (x), xx (o) are hereby amended by inserting therein, after the word "Borrower" in each instance, the words "or EDI."
2.18 The Borrowing Base Certificate attached to the Loan Agreement as Exhibit "1" is hereby replaced in its entirety with the Borrowing Base Certificate attached hereto as Exhibit "1".
2.19 The following new Section 2(g) is hereby added to Section 2:
Repurchase of Preferred Stock. The repurchase of the Series A Preferred Stock and the Series B Preferred Stock by the Company pursuant to this Agreement shall take place in one closing, which is referred to herein as the "
