Repurchase Period Sample Clauses

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Repurchase Period. The fourth sentence of Section 6(a) of the Shareholders’ Agreement is amended and restated in its entirety, with respect to any Shares acquired by ▇▇▇▇▇▇▇ or his 401(k) trust, as follows: “Upon such Termination by ▇▇▇▇▇▇▇, the Company and/or the Institutional Shareholders, as the case may be, may exercise such right at any time within one hundred eighty one (181) days of the Termination Date (the “REPURCHASE PERIOD”).”
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Repurchase Period 
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Repurchase Period. The Company shall be permitted to exercise its right to repurchase (or to cause its designee to repurchase) Company Shares and/or Purchased Senior Notes, as the case may be, following the Purchaser’s Termination of Active Service during a period of six months, commencing on the applicable day specified below for the applicable type of Company Shares or for the Purchased Senior Notes, as the case may be (the “Repurchase Period”); provided that the Repurchase Period shall expire as of any earlier day during the Repurchase Period that the Company delivers written notice to the Purchaser of its election to exercise (or decision not to exercise) its repurchase right with respect to such Company Shares and/or Purchased Senior Notes, as the case may be: Type of Termination Commencement Date: Company Shares Purchased on Exercise of Vested Options Company Shares Purchased on Exercise of Investment Rights Purchased Senior Notes Without Cause The six-month anniversary of the later of (i) the Purchaser’s Termination Date and (ii) the date of the Purchaser’s last purchase of Company Shares on exercise of Options The six-month anniversary of the later of (i) thePurchaser’s Termination Date and (ii) the date of the Purchaser’s last purchase of Company Shares on exercise of Investment Rights The Purchaser’s Termination Date Resignation by the Participant The later of (i) the 91st day following the Purchaser’s Termination Date and (ii) the six-month anniversary of the Purchaser’s last purchase of Company Shares on exercise ofOptions The later of (i) the 91st day following the Purchaser’s Termination Date and (ii) the six-month anniversary of the date of the Purchaser’s last purchase of Company Shares on exercise of Investment Rights The Purchaser’s Termination Date Due to Death, Disability or Retirement The later of (i) the Purchaser’s Termination Date and (ii) the six month anniversary of the date of the Purchaser’s or, if applicable, the Purchaser Permitted Transferee’s, last purchase of Company Shares upon exercise of Options The Purchaser’s Termination Date The Purchaser’s Termination Date By the Board of Directors for Cause The date notice of termination is delivered to the Purchaser The date notice of termination is delivered to the Purchaser The date notice of termination is delivered to the Purchaser (d) Procedures; Closing of Repurchase.
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Repurchase Period. All unvested Class B Units held by such Terminated Member shall automatically be cancelled and of no further economic effect without further action on the part of the Company or the Class B Member.
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Repurchase Period. With respect to repurchases from Investor, the term “Repurchase Period” means the 6 month anniversary of the Investor’s Service Termination Date; provided that such 6-month period shall be tolled under the same circumstances as set forth in Section 9(a)(iv).
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Repurchase Period. The Repurchase Option may be exercised at any time and from time to time on or after the Closing and until 5:00 p.m. New York City time on the date that is twenty‑four (24) months following the Closing Date (the “Repurchase Period”). If the Repurchase Option has not been validly exercised prior to the expiration of the Repurchase Period in accordance with this Article 10, it shall automatically and permanently terminate without any further action by any party.
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Related to Repurchase Period

  • Repurchase Events The Seller hereby covenants and agrees that if the Seller discovers or is notified by a Requesting Party with a Repurchase Request regarding a breach of any of the Seller’s representations and warranties contained in Section 3.02(b) at the time such representations and warranties were made, the Seller will investigate the Receivable to confirm the breach and determine if the breach materially and adversely affects the interests of the Issuer or the Noteholders and triggers a repurchase event (“Repurchase Event”). Upon discovery by any party hereto of a Repurchase Event, the party discovering such breach shall give prompt written notice thereof to the other parties hereto; provided, that delivery of a Servicer’s Certificate shall be deemed to constitute prompt written notice thereof to the other party; provided, further, that the failure to give such notice shall not affect any obligation of the Seller under this Section 7.02. Following a Repurchase Event, the Seller shall either (a) correct or cure such breach or (b) purchase any Receivable materially and adversely affected by such breach from the Issuer, in either case on or before the Payment Date following the end of the Collection Period which includes the 60th day (or, if the Seller elects, an earlier Payment Date) after the date that the Seller became aware of or was notified and confirmed such breach. Any such breach or failure will be deemed not to materially and adversely affect the Noteholders or the Issuer if such breach or failure does not affect the ability of the Issuer or the Noteholders to receive and retain timely payment in full on such Receivable. Any such purchase by the Seller shall be at a price equal to the Purchased Amount. In consideration for such repurchase, the Seller shall make (or shall cause to be made) a payment to the Issuer equal to the Purchased Amount by depositing such amount into the Collection Account on the Business Day preceding the Payment Date of repurchase (or, if the Seller elects, an earlier Payment Date). Upon payment of such Purchased Amount by the Seller, the Issuer and the Indenture Trustee shall release and shall execute and deliver such instruments of release, transfer or assignment, in each case without recourse or representation, as shall be reasonably necessary to vest in the Seller or its designee any Receivable repurchased pursuant hereto. It is understood and agreed that the right to cause the Seller to purchase any Receivable as described above shall constitute the sole remedy respecting such breach available to the Issuer, the Noteholders, the Owner Trustee, the Certificateholders and the Indenture Trustee. Neither the Owner Trustee nor the Indenture Trustee will have any duty to conduct an affirmative investigation as to the occurrence of any condition requiring the repurchase of any Receivable pursuant to this Section 7.02.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.