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. 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. 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 attached Stock Redemption Agreement between the Employee and the Company dated January 1, 2004.
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. At the Closing (as hereinafter defined), subject to the terms and conditions contained herein, the Company shall purchase from Chevron, and Chevron shall sell to the Company, the Redeemed Shares for an aggregate purchase price (the “Redemption Price”) of Four Hundred Million Dollars and No Cents ($400,000,000.00) plus an amount of cash equal to all accrued but unpaid dividends to, but not including, the date on which the Closing occurs (the “Closing Date”).
Stock Redemption. Redeem in any one calendar year shares of their respective stock which, at the time of redemption, would have a fair market value of greater than $100,000.
Stock Redemption. In reliance on the representations, warranties, covenants and agreements set forth in this Agreement, and subject to the terms and conditions of this Agreement, at the Closing, Champps shall sell, assign, transfer and deliver to the Company, free and clear of any and all claims, restrictions, liens, encumbrances, mortgages, pledges or security interests of any kind (collectively, "Liens"), 500 shares of Common Stock owned by Champps (collectively, the "Seller's Stock").
