The Repurchases Sample Clauses

The Repurchases. Immediately following the Upper Tier Harsco Distributions, Brand shall repurchase the Distributed Shares (the “Repurchases”) and, in connection therewith (a) Brand shall pay to Harsco US $142,115,652.29 in cash by wire transfer of immediately available funds to an account designated in writing by Harsco US at least one Business Day prior to the date hereof, which amount takes into account the elimination of the obligations described in clause (i) of the following sentence, and (b) Brand shall pay to Harsco UK $2,884,347.71 in cash by wire transfer of immediately available funds to an account designated in writing by Harsco UK at least one Business Day prior to the date hereof. Effective as of the Closing, (i) the Purchase Agreement shall be amended to eliminate the Sellers’ (as defined in the Purchase Agreement) remaining obligations under Section 8.2(i)(iv) of the Purchase Agreement by execution of the amendment to the Purchase Agreement in the form attached hereto as Exhibit C and (ii) the Lease Agreement, dated as of November 26, 2013, by and between Harsco US and Brand Services, LLC for the real property at 0000 Xxxx Xxxxxx/1000 State Street, Harrisburg, PA 17103 and the improvements thereon shall be terminated without any further payment in respect thereof except as set forth in Section 2.3(b), by execution of the termination agreement in the form attached hereto as Exhibit D. 2.3
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Related to The Repurchases

  • Stock Repurchases If a Default or Event of Default exists and is continuing or would be caused thereby, the Borrower shall not make any payment (whether in cash, securities or other Property), including any sinking fund or similar deposit, for the purchase, redemption, retirement, defeasance, acquisition, cancellation or termination of any of its Capital Stock or any option, warrant or other right to acquire any such Capital Stock other than the repurchase of warrants or stock in an aggregate amount not to exceed $100,000,000 during the term of this Agreement.

  • Exercise of the Repurchase Right The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

  • Stock Repurchase 30 2.37 Disclosure.................................................. 30 2.38

  • Termination of the Repurchase Right The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Paragraph C.2. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Purchased Shares in which Participant vests in accordance with the following Vesting Schedule:

  • Loan Repurchases (a) Subject to the terms and conditions set forth or referred to below, the Borrower may from time to time, at its discretion, conduct modified Dutch auctions in order to purchase its Term Loans of one or more Classes (as determined by the Borrower) (each, a “Purchase Offer”), each such Purchase Offer to be managed exclusively by the Administrative Agent (or such other financial institution chosen by the Borrower and reasonably acceptable to the Administrative Agent) (in such capacity, the “Auction Manager”), so long as the following conditions are satisfied:

  • SALE AND ISSUANCE OF SHARES Subject to the terms and conditions of this Agreement, the Trustees agree to sell to the Purchaser, and the Purchaser agrees to purchase from the Trustees 8,028 common shares of beneficial interest, par value $0.001, representing undivided beneficial interests in the Trust (the "Shares") at a price per Share of $14.325 for an aggregate purchase price of $115,001.

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