Common use of RIGHTS UNDER PURCHASE AGREEMENT Clause in Contracts

RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.

Appears in 5 contracts

Samples: Non Plan Stock Option Agreement (Transmeta Corp), Stock Pledge Agreement (Excite Inc), Stock Option Exercise Agreement (Cisco Systems Inc)

AutoNDA by SimpleDocs

RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees ------------------------------- that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, Agreement will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.

Appears in 4 contracts

Samples: Restricted Stock Purchase Agreement (Lexar Media Inc), Restricted Stock Purchase Agreement (Lexar Media Inc), Restricted Stock Purchase Agreement (Lexar Media Inc)

RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.the

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Niku Corp), Restricted Stock Purchase Agreement (Niku Corp)

RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that -------------------------------- the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, Agreement will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (At Home Corp)

RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, Agreement will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.

Appears in 1 contract

Samples: Stock Pledge Agreement (Virage Logic Corp)

AutoNDA by SimpleDocs

RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees ------------------------------- that the Company's rights to repurchase the Collateral under the Purchase Agreement, if any, will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Onsale Inc)

RIGHTS UNDER PURCHASE AGREEMENT. Pledgor understands and agrees that the Company's rights to repurchase the Collateral Shares under the Purchase Agreement, if any, Agreement will continue for the periods and on the terms and conditions specified in the Purchase Agreement, whether or not the Note has been paid during such period of time, and that to the extent that the Note is not paid during such period of time, the repurchase by the Company of the Collateral Shares may be made by way of cancellation of all or any part of Pledgor's indebtedness under the Note.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Silicon Image Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!