Repurchase Requirements Sample Clauses

Repurchase Requirements. (a) If within the thirty-six (36) month period following the Closing Date the Common Stock has not been publicly traded for at least $50.00 per share during a period when Seller is permitted to sell the Shares pursuant to a Registration Statement that has been declared effective by the Securities and Exchange Commission or otherwise in accordance with federal securities laws without registration thereunder, Seller may, no later than fourteen (14) days after the thirty-six (36) month anniversary of the Closing Date, provide Buyer with a written notification requesting Buyer to purchase the Remaining Shares (defined below) at a price equal to $50.00 per share ("Repurchase Notification"). Within thirty (30) days after receipt of the Repurchase Notification, Buyer shall elect, in its sole and absolute discretion, to either (i) repurchase the Remaining Shares from Seller at a price equal to $50.00 per share, or (ii) request that Seller sell the Remaining Shares on the open market through a broker selected by Buyer in its sole and absolute discretion (the "Broker"). In the event Buyer requests Seller to sell the Remaining Shares on the open market through the Broker, Seller shall, within thirty (30) days after receipt of such request from Buyer, sell the Remaining Shares on the open market through the Broker, and Buyer shall pay Seller the difference, if any, between (x) $50.00 multiplied by the number of Remaining Shares and (y) the aggregate market price at which such Remaining Shares were sold.
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Repurchase Requirements. In addition to any other rights and remedies which Purchaser may have against Seller, Seller agrees to repurchase any Mortgage Loan within ten calendar days after Purchaser's demand, and to indemnify Purchaser for any incurred loss or liability resulting from the occurrence of any of the following events:
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Repurchase Requirements. Precious Metals are a long-term investment strategy with a recommended holding period of 3- 5 (three to five) years, or longer. To discourage short-term trading and speculation, XX Xxxxxxx, LLC, generally does not offer a repurchase price, unless Client’s metals have been held for a minimum of 3 (three) years. The buyer may, however, sell at any time on the open market and holds XX Xxxxxxx, LLC, harmless for any transaction unrelated to XX Xxxxxxx, LLC.
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Repurchase Requirements. In addition to any other rights and remedies which Purchaser may have against Seller, Seller agrees to repurchase any Mortgage Loan (or, if the Mortgage Loan has been foreclosed upon, to purchase the Mortgaged Property if it is still held by Purchaser with 30 calendar days after Purchaser’s demand, resulting from the occurrence of any of the events specified in Section 11.1.
Sample 1
Repurchase Requirements. ‌ As discussed in detail in various chapters of the Guides, when a PFI or Servicer fails to comply with the requirements of the Applicable Agreements, Guides, Applicable Law or terms of Mortgage Loan documents, the PFI or Servicer may be required to purchase or repurchase Mortgage Loans which are impacted by such failure, in addition to covering any related costs or losses incurred by the MPF Bank as a result of holding the Mortgage Loans. The MPF Bank will affect the purchase or repurchase by withdrawing the required funds from the PFI’s or Servicer’s DDA. The PFI or Servicer will purchase or repurchase the Mortgage Loans for the "Loan Repurchase Amount" determined by the MPF Bank, based on the following: • At the option of the MPF Bank, either (i) the market value of the Mortgage Loan as determined by the MPF Bank, or (ii) the book value of the Mortgage Loan; plus • Interest at the "Pass-through Rate" (the Note Rate minus the Servicing Fee percentage) through the "remittance date" (i.e. the date funds are withdrawn from the PFI’s or Servicer’s DDA). As an alternative, the MPF Bank or MPF Provider may, in its discretion, elect not to require purchase or repurchase but nonetheless to require the PFI or Servicer to execute a specific indemnification agreement covering the impacted Mortgage Loan.
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Related to Repurchase Requirements

  • Minimum Purchase Requirements Distributor shall make the minimum annual purchase of Products established in Exhibit B, unless the Agreement has become coexclusive. In the period within the fixed term and extension, if applicable, of the Agreement under Section 10(a) subsequent to [ * ], the parties shall meet in San Francisco at least [ * ] prior to the beginning of each of respective year to discuss market conditions and appropriate minimum purchases for such year. In the event that the parties fail to agree on an appropriate minimum any year subsequent to [ * ], the minimum annual purchase requirement for such year shall be calculated increasing or decreasing (as the case may be) the minimum purchase requirement for the preceding year in proportion to the increase or decrease in the [ * ] (based on data from mutually acceptable data provider) of the applicable product in the Territory. In the event Supplier is unable to deliver Products ordered by Distributor in an amount consistent with the most recent forecast, then the minimum annual purchase requirement shall be reduced by the quantity of Products that Supplier is unable to deliver when requested. In the event Distributor fails in any year (a “Shortfall Year”) to make the annual minimum purchase of Agreement Products required by Exhibit B, Supplier shall have the right to give Distributor written notice of default, and if such failure to make the minimum purchase is not cured (through the purchase of an amount of Agreement Product equal to the entire shortfall in the Shortfall Year, which amount shall not be counted towards any minimum purchase requirements for the year of purchase) within [ * ] of receipt of the notice, then Supplier shall have the right, in Supplier’s sole discretion and as Supplier’s sole remedy for Distributor’s failure to meet the minimum purchase requirements hereunder, either to convert the appointment of Distributor from exclusive to non-exclusive or to terminate this Agreement. In the event of either conversion to non-exclusive or termination of this Agreement pursuant to this Section 3(e), the Supplier shall pay Distributor a conversion fee equal to [ * ], and Distributor shall transfer all Regulatory Approvals relating to BMS or DES in the Territory to Supplier.

  • Release Requirement Notwithstanding any provision herein to the contrary, except as otherwise determined by the Company, in order for the Grantee to receive Shares pursuant to the settlement of Vested RSUs under Section 6(a), (b), (c), (d) or (e) above, the Grantee (or the representative of his or her estate) must execute and deliver to the Company a general release and waiver of claims against the Company, its Subsidiaries and their directors, officers, employees, shareholders and other affiliates in a form that is satisfactory to the Company (the “Release”). The Release must become effective and irrevocable under applicable law no later than 60 days following the date of the Grantee’s death, termination of employment or transfer of position, as applicable.

  • SUBLEASE REQUIREMENTS The following terms and conditions shall apply to any subletting by Tenant of all or any part of the Premises and shall be deemed included in each sublease:

  • Notice Requirements All notices required or permitted by this Lease shall be in writing and may be delivered in person (by hand or by messenger or courier service) or may be sent by regular, certified or registered mail or U.S. Postal Service Express Mail, with postage prepaid, or by facsimile transmission during normal business hours, and shall be deemed sufficiently given if served in a manner specified in this Paragraph 23. The addresses noted adjacent to a Party's signature on this Lease shall be that Party's address for delivery or mailing of notice purposes. Either Party may by written notice to the other specify a different address for notice purposes, except that upon Lessee's taking possession of the Premises, the Premises shall constitute Lessee's address for the purpose of mailing or delivering notices to Lessee. A copy of all notices required or permitted to be given to Lessor hereunder shall be concurrently transmitted to such party or parties at such addresses as Lessor may from time to time hereafter designate by written notice to Lessee.

  • Post-Closing Requirements Borrowers shall complete each of the post-closing obligations and/or provide to Agent each of the documents, instruments, agreements and information listed on Schedule 7.4 attached hereto on or before the date set forth for each such item thereon, each of which shall be completed or provided in form and substance satisfactory to Agent.

  • FINRA Requirements (A) You represent that you are a member in good standing of FINRA, or a non-U.S. bank, broker, dealer, or institution not eligible for membership in FINRA or a Bank.

  • Vesting Requirements The vesting of this Award (other than pursuant to accelerated vesting in certain circumstances as provided in Section 3 below or vesting pursuant to Section 6 below) shall be subject to the satisfaction of the conditions set forth in each of subsections A and B, as applicable, and, in each case, subsection C of this Section 2:

  • Transfer Requirements No Person to whom any of a Member’s Units are Transferred (including a Permitted Transferee) shall be admitted to the Company as a Member (as limited under certain circumstances in accordance with Section 11.8) unless the following conditions are satisfied or such conditions are waived by the Board of Managers (with only Managers unaffiliated with the transferor having a vote thereon):

  • Notice Requirement No termination of this Agreement shall be effective unless and until the party terminating this Agreement gives prior written notice to all other parties of its intent to terminate, which notice shall set forth the basis for the termination. Furthermore,

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