Common use of Restrictions on Repurchase Clause in Contracts

Restrictions on Repurchase. Notwithstanding anything to the contrary -------------------------- contained in this Agreement, all repurchases of Executive Stock by the Company shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company's and its Subsidiaries' debt and equity financing agreements. If any such restrictions prohibit the repurchase of Executive Stock hereunder which the Company is otherwise entitled to make, the time periods in this Section 8 shall be suspended and the Company may make such repurchases as soon as it is permitted to do so under such restrictions.

Appears in 3 contracts

Samples: Executive Agreement (Ziff Davis Media Inc), Executive Agreement (Etesting Labs Inc), Executive Agreement (Etesting Labs Inc)

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Restrictions on Repurchase. Notwithstanding anything to the contrary -------------------------- contained in this Agreement, all repurchases of Executive Stock Securities by the Company shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company's and its Subsidiaries' Subsidiaries= debt and equity financing agreements. If any such restrictions prohibit the repurchase of Executive Stock Securities hereunder which the Company is otherwise entitled or required to make, the time periods in this Section 8 shall be suspended and the Company may make such repurchases as soon as it is permitted to do so under such restrictions.

Appears in 2 contracts

Samples: Management Agreement (Romacorp Inc), Management Agreement (Romacorp Inc)

Restrictions on Repurchase. Notwithstanding anything to the contrary -------------------------- contained in this Agreement, all repurchases of Executive Stock by the Company shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company's ’s and its Subsidiaries' ’ debt and equity financing agreements. If any such restrictions prohibit the repurchase of Executive Stock hereunder which the Company is otherwise entitled to make, the time periods in this Section 8 7 applicable to repurchases by the Company, of Executive Stock shall be suspended and shall resume at such time as the Company may make such repurchases as soon as it is permitted to do so under such restrictions, so that the Company may make such repurchases and purchases of Executive Stock during the balance of such period following such time as the Company becomes permitted to make such purchases under such restrictions.

Appears in 1 contract

Samples: Executive Agreement (Ziff Davis Holdings Inc)

Restrictions on Repurchase. Notwithstanding anything to the contrary -------------------------- contained in this Agreement, all repurchases of Executive Stock Securities by the Company shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company's and its Subsidiaries' debt and equity financing agreements. If any such restrictions prohibit the repurchase of Executive Stock Securities hereunder which the Company is otherwise entitled or required to make, the time periods in this Section 8 shall be suspended and the Company may make such repurchases as soon as it is permitted to do so under such restrictions.

Appears in 1 contract

Samples: Management Agreement (Roma Fort Worth Inc)

Restrictions on Repurchase. Notwithstanding anything to the -------------------------- contrary -------------------------- contained in this Agreement, all repurchases of Executive Stock by the Company shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company's and its Subsidiaries' debt and equity financing agreements. If any such restrictions prohibit the repurchase of Executive Stock hereunder which the Company is otherwise entitled to make, the time periods in this Section 8 shall be suspended and the Company may make such repurchases as soon as it is permitted to do so under such restrictions.

Appears in 1 contract

Samples: Executive Agreement (Etesting Labs Inc)

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Restrictions on Repurchase. Notwithstanding anything to the contrary -------------------------- contained in this Agreement, all All repurchases of Executive Stock by the -------------------------- Company shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company's and its Subsidiaries' debt and equity financing agreements. If any such restrictions prohibit the repurchase of Executive Stock hereunder which the Company is otherwise entitled to make, the time periods in this Section 8 shall be suspended and the Company may make such repurchases as soon as it is permitted to do so under such restrictions.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Dade Behring Inc)

Restrictions on Repurchase. Notwithstanding anything to the -------------------------- contrary -------------------------- contained in this Agreement, all repurchases of Executive Stock Unvested Shares by the Company shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company's and its Subsidiaries' debt and equity financing agreements. If any such restrictions prohibit the repurchase of Executive Stock hereunder which the Company is otherwise entitled to make, the time periods in this Section 8 shall be suspended and the Company may make such repurchases as soon as it is permitted to do so under such restrictions.

Appears in 1 contract

Samples: Executive Agreement (Etesting Labs Inc)

Restrictions on Repurchase. Notwithstanding anything to the contrary -------------------------- contained in this Agreement, all repurchases of Executive Stock Securities by the Company shall be subject to applicable restrictions contained in the Delaware General Corporation Law and in the Company's and its Subsidiaries' debt and equity financing agreements. If any such restrictions prohibit the repurchase of Executive Stock Securities hereunder which the Company is otherwise entitled or required to make, the time periods in this Section 8 shall be suspended and the Company may make such repurchases as soon as it is permitted to do so under such restrictionsrestrictions but in no event more than one year after such restrictions prevent such repurchase.

Appears in 1 contract

Samples: Management Agreement (Romacorp Inc)

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