Stock Repurchase. 24 2.37 Disclosure..................................................... 24 SECTION 3.
Stock Repurchase. Except as set forth in Schedule 2.36, neither ---------------- ------------- Company nor any Subsidiary has redeemed or repurchased any of its capital stock.
Stock Repurchase. If the Executive leaves the Company for any reason, the Company shall, at the Executive’s option, repurchase all or part of the shares in the Company owned/controlled by the Executive at book value as determined by an independent third party appraiser. The Company shall pay 50% in a lump sum payment and the rest in 12 monthly installments.
Stock Repurchase. Except as set forth on SCHEDULE 3.26, the Company has not redeemed or repurchased any of its capital stock or interests.
Stock Repurchase. Except as set forth in its Disclosure Letter, the Company has not redeemed or repurchased any of its capital stock.
Stock Repurchase. Except as permitted under Section 6.10, no Credit Party shall repurchase any outstanding common stock or operating partnership units of any Credit Party prior to the later of (a) the Maturity Date and (b) the payment in full of the Obligations.
Stock Repurchase. Upon the terms and subject to the conditions set forth in this Agreement, on the second Business Day following the conclusion of each Repurchase Period during which Allscripts purchased shares of Allscripts Common Stock from Other Holders under the Market Purchase Program (each, a “Misys Repurchase Date”), Misys UK Holdings and/or Misys US Holdings shall sell, and Allscripts shall purchase, as part of the Market Purchase Program, shares of Allscripts Common Stock in the aggregate in a number (such shares, the “Misys Repurchased Shares”) equal to (i) the number of shares of Allscripts Common Stock purchased by Allscripts from Other Holders pursuant to the Market Purchase Program during the Repurchase Period (such shares, the “Other Repurchased Shares”) multiplied by (ii) the Repurchase Rate, in each case rounded to the nearest whole number of such shares. The obligations of Allscripts, Misys UK Holdings and Misys US Holdings under this Section 2.1 are subject to, and conditioned on, compliance with applicable Law.
Stock Repurchase. The Company has not redeemed or repurchased any of its capital stock.
Stock Repurchase. (a) In addition to the shares that the Company is acquiring pursuant to Section 2, the Company shall repurchase all remaining shares of Common Stock held by Grant as of the date hereof except for 100,000 shares (the "Unpurchased Shares"), which Grant shall be entitled to continue to hold in the manner provided in this Section 3. The Company shall pay a purchase price of $0.10 per share (the "Purchase Price"). The repurchase of shares shall be as follows:
(i) On the date hereof, the Company shall (i) receive 200,000 shares of Common Stock in the manner set forth in Section 2 and (ii) purchase 150,000 shares for cash.
(ii) Commencing April 1, 2001, and continuing each month thereafter, the Company shall, upon prior written notice to Grant, purchase from Grant at the Purchase Price such number of shares of Common Stock as it wishes to purchase in its sole discretion; provided that the total number of shares purchased for any particular month shall equal or exceed 150,000 shares until the remaining number of shares to be purchased hereunder is fewer than 150,000, in which case the Company shall only purchase such remaining number of shares. If the Company purchases more than 150,000 shares in a particular month, the excess shall be carried forward into subsequent months for purposes of determining whether the Company has satisfied the above minimum purchase requirement.
(iii) The Company shall pay the amounts payable under this Section 3 by wire transfer of immediately available funds to a bank account designated in writing by Grant or in any other manner mutually agreed by Grant and the Company.
(iv) Grant shall be obligated to pay any applicable federal, state or local taxes incurred in connection with the foregoing transfers.
(b) Grant agrees that he will not, directly or indirectly, sell, offer to sell, grant any option for the sale of, assign, transfer, pledge, hypothecate, or otherwise encumber or dispose of any legal or beneficial interest in any shares of Common Stock, any securities convertible into or exercisable or exchangeable for shares of Common Stock, or any warrants, options or other rights to purchase, subscribe for, or otherwise acquire any shares of Common Stock from the Effective Date until the earlier of (i) the date that is one year after the date upon which the Company has acquired all shares of Common Stock that it is required to purchase hereunder and (ii) the date upon which the Company consummates a Sale Event (as defined in Section ...
Stock Repurchase. Subject to the conditions set forth in Section 2.2(c) of this Agreement, Gartner shall, as soon as practicable following completion of the Recapitalization and the Distribution, in compliance with the rules and regulations of the Commission, including Regulation 13E under the Exchange Act, commence a "Dutch auction" tender offer (the "Self Tender Offer") for a number of shares of Class A Common Stock and Class B Common Stock in the aggregate equal to at least 15% of the total number of shares of Gartner Common Stock outstanding immediately following the Distribution (the "Minimum Self Tender Amount"), with such purchases allocated between shares of Class A Common Stock and Class B Common Stock on a pro rata basis based on the relative numbers of shares of such classes outstanding immediately following the Distribution ("Pro Rata"). Subject to the previous sentence, Gartner shall acquire all shares properly tendered in response to such Self Tender Offer as promptly as practicable following commencement thereof, subject to reasonable and customary conditions and other terms and reasonable range of purchase prices based on recent trading prices of Gartner Class A and Class B Common Stock, which conditions, terms and ranges shall be determined by the Board of Directors of Gartner in good faith. Subject to the conditions set forth in Section 2.2(c) of this Agreement, Gartner shall, as soon as practicable following completion of the Self Tender Offer, in compliance with the rules and regulations of the Commission, including Rule 10b-18 under the Exchange Act, purchase through an open-market stock purchase program an amount of shares of Common Stock equal to (i) 4.99% of the number of shares of Gartner Common Stock plus or minus (ii) the amount, if any, by which the Minimum Self Tender Amount is less than or exceeds, respectively, the number of shares of Gartner Common Stock actually purchased in the Self Tender Offer (the "Minimum Open Market Amount"), with such purchases allocated Pro Rata between shares of Class A Common Stock and Class B Common Stock (the "Open Market Repurchase Program" and, together with the Self Tender Offer, the "Stock Repurchase"). Gartner shall commence the Open Market Repurchase Program as promptly as practicable (subject to market conditions) after the Self Tender Offer and shall in any event complete the Open Market Repurchase Program in an orderly manner within two years after the Distribution Date. Gartner agrees that it will not r...