Share Repurchases. If the Company repurchases any IPO Shares prior to the vote held to approve a Business Combination, the Company agrees that such repurchases shall (i) be made only in open market transactions at times when the Company is not in possession of any material non-public information and (ii) comply with Rule 10b-18 under the Exchange Act at prices (inclusive of commissions) not to exceed the per-share amount then held in the Trust Fund.
Share Repurchases. The Company has entered into a 10b5-1 plan (the “Plan”) pursuant to which the Company is required to maintain a limit order to purchase up to 1,250,000 Ordinary Shares (or 1,437,500 Ordinary Shares if the Over-Allotment Option is exercised in full) using funds held in the Trust Account at any time commencing 61 days after the Effective Date and ending on the date immediately prior to the announcement of the Business Combination. If the Company repurchases any Ordinary Shares prior to the announcement of the Business Combination, such repurchases shall be made only in accordance with the Plan.
Share Repurchases. A purchase or redemption of Common Shares by the Company on any day at an average price on that day which exceeds the Share Repurchase Threshold will constitute a Dividend, and the amount of such Dividend per Common Share will be such excess. On any day, the “Share Repurchase Threshold” means the Current Market Price of the Common Shares either (1) on that date, or (2) where an announcement (excluding for the avoidance of doubt, general authority for such purchases given by a shareholders meeting of the Company or any notice convening such meeting) has been made of the intention to purchase Common Shares at some future date at a specified price, on the Business Day immediately preceding the date of such announcement.
Share Repurchases. So long as DIHC and PGGM and their respective Affiliates own in the aggregate 25% or more of the issued and outstanding shares of Common Stock, in the event the Company proposes to repurchase any shares of Common Stock from any holder thereof owning together with its Affiliates 5% or more of the issued and outstanding shares of Common Stock, DIHC and PGGM shall have the right to require the Company to repurchase a number of shares of Common Stock held by DIHC and PGGM equal to the product of (I) the total number of shares proposed to be repurchased and (II) a fraction, the numerator of which is (A) the number of Shares owned by DIHC and PGGM and their respective Affiliates and the denominator of which is (B) the sum of the number of shares of Common Stock owned by such holder plus the number of Shares owned by DIHC and PGGM and their respective Affiliates.
Share Repurchases. During the Covenant Relief Period, no Loan Party will effect any share repurchase or otherwise purchase, redeem, defease, acquire or retire for value any of the capital stock or equity interests of the Company; provided, however that, so long as no Event of Default has occurred and is continuing before or after giving effect thereto, the Company may at any time purchase, redeem, retire or otherwise acquire for value its capital stock (including any stock appreciation rights, warrants or options in respect thereof) (i) from current or former employees or directors in the ordinary course of business in accordance with the terms of any management equity plan, stock option plan or any other similar employee benefit plan, agreement or arrangement and (ii) to the extent deemed to occur upon the exercise of options or warrants by current or former employees or directors to purchase capital stock or other equity interests if such shares of capital stock or other equity interests represent a portion of the exercise price of such options or warrants.
(e) Section 5.03 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Share Repurchases. The Company shall not, prior to the expiration of the Measurement Period, repurchase, or publicly announce any share repurchase programs relating to, any shares of Company Common Stock.
Share Repurchases. 26 Section 3.24
Share Repurchases. 4.1.1. The company may repurchase shares against payment if and insofar as the general meeting has authorised the managing board to do so. This authorisation is valid for a fixed period of time of no more than eighteen (18) months and may be extended each time for a period of no more than eighteen (18) months. The general meeting determines in its authorisation how many shares the company may repurchase, in what manner and at what price range. The resolution of the managing board to repurchase shares is subject to the supervisory board's approval. Repurchase by the company of partly paid up shares is null and void.
4.1.2. The authorisation of the general meeting as referred to in article 4.1.1 is not required if the company repurchases fully paid up shares for the purpose of transferring these shares to employees of the company or of a group company under any applicable employee stock purchase plan, provided that those shares are quoted on an official list of a stock exchange.
Share Repurchases. For the period commencing on the Second Amendment Effective Date through the Temporary Covenant Termination Date, the Company will not repurchase or otherwise acquire or retire any shares of its Capital Stock.
Share Repurchases. If the Company acquires Shares in any Share repurchase program (other than acquisitions of Shares in the open market and repurchases made under the terms of any stock plan, stock option agreement, restricted stock agreement, or similar agreement) during the Registration Period, the Investor Group shall have the right, but not the obligation, to participate in such Share repurchase, pro rata based on the percentage that the aggregate number of Investor Shares represents of all of the outstanding Shares, by selling Investor Shares to the Company on mutually agreeable terms and conditions that are no less favorable to the terms offered to any other stockholder of the Company.
