Stock Redemptions. There are no shares of Chem-Con Common Stock which are subject to redemption or purchase in lieu of redemption, which prior to September 30, 1998, were not paid for in full. From September 30, 1998, through the date of this Agreement, Chem-Con has not purchased or redeemed or entered into any agreement to purchase or redeem any Chem-Con Common Stock.
Stock Redemptions. The Company shall not apply any of its assets for the redemption, retirement, purchase or acquisition of any shares of any series or class of stock of the company, except as provided in the Articles.
Stock Redemptions. Borrower will not redeem, retire, purchase or otherwise acquire, directly or indirectly, any of Borrower's stock.
Stock Redemptions. Purchase, redeem, retire or otherwise acquire for value any shares of AIRNET's capital stock or any other equity interest in AIRNET.
Stock Redemptions. The redemption of the Xxxx and Guardian common stock held by Xxxxx and Xxxxxx Xxxxx and Xxxxx and Xxxx Xxxxxxxx shall have been completed under the terms disclosed to HomeLife.
Stock Redemptions. Section 6.11 of the Credit Agreement is deleted and is replaced with the following:
Stock Redemptions. The Company may purchase, retire, redeem or otherwise acquire for value any issued and outstanding stock of Company provided that the aggregate amount expended for any stock purchase, retirement or redemption shall not exceed the applicable amounts for the applicable time periods set forth below: Time Period of Stock Maximum Amount of Redemption and Stock Permitted Stock Redemption and Repurchase Stock Purchase From January 1, 2008 to March 31, 2008 Not to Exceed $40,000,000.00 From January 1, 2008 to June 30, 2008 Not to Exceed $45,000,000.00 From January 1, 2008 to September 30, 2008 Not to Exceed $50,000,000.00 From January 1, 2008 to December 31, 2008 Not to Exceed $55,000,000.00 From April 1, 2008 to March 31, 2009 Not to Exceed $40,000,000.00 From July 1, 2008 to June 30, 2009 Not to Exceed $40,000,000.00 During the calendar year 2008, compliance with this Subparagraph 6.7(b) shall be tested on the last day of each fiscal quarter of the Company and on a calendar year to date basis. Thereafter, compliance with this Subparagraph
Stock Redemptions. Borrower shall not redeem, purchase, or otherwise acquire any of its own Stock in excess of $12,500,000 in the aggregate in any Fiscal Quarter; provided however, the limitations in this SECTION 9.25 shall not apply if (a) on any date of any such redemption, repurchase, or acquisition, (i) the Debt Rating issued by Xxxxx'x is Baa3 or better or (ii) the Debt Rating issued by S&P is BBB- or better, or (b) the average aggregate Revolver Commitment Usage over the immediately preceding Fiscal Quarter is less than $50,000,000.
Stock Redemptions. Except as may be otherwise permitted without the Bank's prior written consent in accordance with the provisions of Subsection 7.01 hereof, purchase, redeem, retire or otherwise acquire for value any shares of any Borrower's capital stock or any other equity interest in any Borrower, or suffer or permit any Subsidiary to purchase, redeem or otherwise acquire or retire for value any shares of such Subsidiary's capital stock, or any member interests, partnership interests or any other equity interest in such Subsidiary; provided, however, that without Bank's prior written consent any Affiliate Borrower shall be permitted to purchase, redeem, retire or otherwise acquire for value any of its shares held by THG.
Stock Redemptions. There are no shares of Common Stock which are subject to redemption or purchase in lieu of redemption, which prior to December 31, 1999, were not paid for in full. From December 31, 1999, through the date of this Agreement, M&EC has not purchased or redeemed or entered into any agreement to purchase or redeem any Common Stock, except as set out in Schedule 19. 4.26
