RESTRICTIONS ON DIVIDENDS AND SHARE REPURCHASES. The Company shall not declare any dividend or make any other distribution on, or in respect of, any Common Shares, and shall not repurchase any Common Shares, until such time as the Company has repurchased from Warburg and H&F, in proportion to their respective Retained Investments at the time of such repurchase, Initial Shares having an aggregate value of $250 million, at a per share price acceptable to Warburg and H&F.
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Samples: Shareholder Agreement (Arch Capital Group LTD), Shareholder Agreement (Arch Capital Group LTD), Shareholders Agreement (Arch Capital Group LTD)
RESTRICTIONS ON DIVIDENDS AND SHARE REPURCHASES. The Company shall not declare any dividend or make any other distribution on, or in respect of, any Common Shares, and shall not repurchase any Common Shares, until such time as the Company has repurchased from Warburg and H&F, in proportion to their respective Retained Investments Percentages at the time of such repurchase, Initial Shares having an aggregate value of $250 million, at a per share price acceptable to Warburg and H&F.
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