Stock Redemption. Upon withdrawal from or termination of Share Ownership, the Mutual shall redeem the Qualifying Resident’s Stock in the Mutual in the amount and in the manner specified in the Governing Documents.
Stock Redemption. Upon the termination of the Executive's employment with the Employer, for any reason whatsoever, the Executive shall permit the Employer or its affiliate(s), as the case may be, to immediately redeem any and all common or preferred stock (or any partnership or membership interests, as the case may be) that the Executive then owns in any affiliate(s) of Employer, which redemption shall occur at the same cash price (if any) as Executive actually initially paid to acquire such stock (or partnership or membership interests, as the case may be). In no event, however, shall the foregoing requirement apply to any stock (common or preferred) that Executive owns in Employer, or to any limited partnership interests (so-called "OP Units") that the Executive owns in First Industrial, L.P., a Delaware limited partnership in which the Employer is the general partner and which is commonly referred to as the "Operating Partnership."
Stock Redemption. PHI will not purchase, retire or redeem any shares of its capital stock (other than pursuant to executive or employee compensation plans) without the prior written consent of Bank.
Stock Redemption. Borrower will not redeem or purchase any of its outstanding capital stock, warrants in favor of anyone other than DFS, or stock options or convert or permit such stock, warrants or options to be converted into cash, nor has or shall Borrower guaranty to any of its shareholders any minimum stock price or valuation.
Stock Redemption. For the Term the Company will maintain a Key Man life insurance policy on the Employee in the minimum amount of one million dollars, the proceeds of which shall be used to purchase stock of the Company from the Employee's estate or family in the event of the Employee's death, in accordance with the terms of the Stock Redemption Agreement between the Employee and the Company dated October 15, 1991.
Stock Redemption. The Stock Redemption shall have been consummated.
Stock Redemption. Subject to the terms and conditions set forth in this Agreement, at the Closing H.I.G. shall transfer 99,111 of its shares of Class A Common Stock (the "H.I.G. STOCK") to the Company, and the Company shall redeem the H.I.G.
Stock Redemption. Pursuant to the authorization contemplated by Section 8.1 hereof and subject to the terms and conditions set forth in this Agreement, the parties hereto agree that MEI shall offer for redemption, and the Company shall redeem the Redemption Shares. In consideration for the Redemption Shares, at the Closing, MEI will receive $264,200,000 (the "Redemption Price") from the Company.
Stock Redemption in the event Contractor resigns or is being terminated, without cause, the Client has a fifteen (15) day first right of refusal to redeem the Clients common stock issued to the Contractor. The redemption price shall equal $1.00 per share or the previous seven (7) days average trading price, as determined by the NASD'S OTCBB, which ever is greater.
Stock Redemption. Pursuant to the authorization contemplated by Section 8.1 hereof and subject to the terms and conditions set forth in this Agreement, the parties hereto agree that Sub shall offer for redemption, and the Company shall redeem the Redemption Shares. In consideration for the Redemption Shares, at the Closing, Sub will receive $249,200,000 (the "Redemption Price") from the Company.
