Repurchase Terms Sample Clauses

Repurchase Terms. Notwithstanding any provision to the contrary in Section 4 above, the Co-Managers and the Company shall be entitled to complete the repurchase of such Shares by delivering to the Employee the purchase price as follows in the event of a Termination of Employment by the Company for Cause or voluntarily by the Employee without Good Reason: (x) in cash, in an amount equal to the number of shares being purchased multiplied by the lesser of (i) the Original Price Per Share and (ii) the Market Price Per Share; and (y) a promissory note in the original principal amount of the balance, if any, of the repurchase price. Unless otherwise required by any of the Company's or any of its Subsidiaries' agreements with its or their lenders, any promissory note delivered pursuant to this Section 5.1 shall (i) bear interest at the Prime Rate as published from time to time in the "Wall Street Journal", (ii) provide for the payment of the principal evidenced thereby in not more than twelve (12) equal quarterly installments commencing three (3) months after such repurchase, (iii) be subordinated to the Company's indebtedness to its lenders on terms satisfactory to such lenders, and (iv) provide for the payment in full of the principal evidenced thereby upon any Disposition Event or Public Offering. Notwithstanding any provision to the contrary in Section 4 above, if the Company is prohibited by the terms of the Company's Charter, as in effect from time to time, or any of the Company's or any of its Subsidiaries' agreements with its or their lenders (including, without limitation, the Company's senior credit agreement with Bank of America National Trust & Savings Association, as Agent, and the Indenture with respect to the Company's Senior Subordinated Notes) (with the Charter and any such agreement each being referred to herein as a "Subordinating Agreement") from making any payments of any portion of the repurchase price for any of the Shares in cash, the Company shall be entitled to complete the repurchase of such Shares as to which payment of the repurchase price in cash is not so prohibited by delivering to the Employee a check for the repurchase price thereof. The Company further shall be entitled to complete the repurchase of the other Shares to be repurchased by it, or any portion thereof, on the first date on which such payment is not so prohibited by any applicable Subordinating Agreement, provided that if the closing date of such repurchase is more than six (6) months ...
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Repurchase Terms. Notwithstanding any provision to the contrary in Section 6 above:
Repurchase Terms. The supplier shall repurchase from the dealer within 90 days after termination of the agreement all inventory previously purchased from the supplier that remains unsold on the date of termination of the agreement.
Repurchase Terms. In connection with and as part of the process of a Takedown of Commercial Property, the City and Developer must establish the terms and conditions of Developer’s right to repurchase the Property that is being Takendown and confirm the City’s rights concerning that Repurchase, as set forth in Section 4.2 and Section 10.2(g) in this Agreement. The terms of that Repurchase Right shall be set forth in the applicable Takedown document.
Repurchase Terms. The repurchase price for the Property pursuant ---------------- to exercise of the Option shall be equal to Six and 50/100 Dollars ($6.50) per square foot of the Property (the "Repurchase Price"). At the time of closing of the repurchase, which shall be simultaneous with the closing of the construction loan for the Expansion Project, the Repurchaser shall pay to Buyer an amount equal to the Repurchase Price, less (a) the unpaid balance of any liens or assessments against the Property (subject to applicable prorations), (b) any costs and expenses incurred by the Repurchaser in clearing the title of all encumbrances that were not applicable to the Property at the date of the initial conveyance; and (c) the documentary stamp tax on the deed of conveyance to the Repurchaser. At closing, Buyer shall convey to the Repurchaser good and marketable title to the Property and any improvements thereon by special warranty deed, subject only to maters of record in existence at the date of Seller's conveyance of the Property to Buyer and matters appearing subsequent thereto for which Buyer is not responsible in any manner. Once the Expansion Option has been exercised, Seller or the Repurchaser may enforce the provisions of this Section 10(a) by an action for specific performance.
Repurchase Terms. Pursuant to Article XII of the Agreement, the Series 1999-1 Certificates may be repurchased by the Transferor on any Payment Date on or after the day on which the Series 1999-1 Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Series 1999-1 Initial Invested Amount upon the satisfaction of the conditions described in Section 12.2(a) of the Agreement. In connection with any such repurchase, the repurchase price shall be equal to the aggregate initial principal balance of such Certificates minus the amount of principal payments made to such Certificates prior to such Payment Date plus accrued and unpaid interest through the day preceding the Payment Date on which the repurchase occurs plus any other unpaid amounts.
Repurchase Terms. 23 SECTION 7. DELIVERY AND PAYMENT FOR THE SERIES 1999-2 CERTIFICATE............................................... 23 SECTION 9. ACCRUAL OF INTEREST ON THE SERIES 1999-2 CERTIFICATE............................................... 24 SECTION 10. DISTRIBUTIONS................................... 24
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Repurchase Terms. On any Payment Date occurring on or after the April 2001 Payment Date, the Servicer may in accordance with Section 12.02 of the Agreement, direct the Transferor to redeem the Series D Certificates provided that the Transferor deposits into the Collection Account an amount equal to the Invested Amount of the Class A and Class B Series D Certificates plus accrued interest thereon at the applicable Certificate Rate for the related Interest Accrual Period.
Repurchase Terms. Pursuant to Article 12 of the Agreement, the Class A Certificates may be repurchased by the Transferor on any Payment Date on or after the day on which the Class A Invested Amount is reduced to an amount less than or equal to $6,000,000 upon the satisfaction of the conditions described in Section 12.02(a) of the Agreement. The repurchase price shall be equal to the Class A Invested Amount plus accrued and unpaid interest on the Class A Certificates through the day preceding the Payment Date on which the repurchase occurs. Notwithstanding the above, no repurchase of the Class A Certificates may be made pursuant to this Section 10 if, after giving effect to such repurchase, the unpaid Make-Whole Amount is greater than zero.
Repurchase Terms. This variation may be executed in any number of counterparts and by the Parties on separate counterparts. Each counterpart shall constitute an original of this variation, but together the counterparts shall constitute one document.
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