LLC Repurchase definition

LLC Repurchase shall have the meaning specified in Section 7.3(a) hereof.
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Examples of LLC Repurchase in a sentence

  • The Escrow Agent shall establish an account in the name of Mercantile Long-Short Manager Fund LLC, Escrow Account for the Benefit of Members (the "Subscription Account") and an account in the name of Mercantile Long-Short Manager Fund LLC Repurchase Account (the "Repurchase Account") and together with the Subscription Account, (the "Accounts").

  • Upon delivery of the LLC Repurchase Notice, the Vested Units to be repurchased shall automatically represent solely the right to receive the applicable repurchase price and such Vested Units shall no longer be deemed to be outstanding.

  • The LLC Repurchase Notice shall set forth the number of Vested Units to be acquired from Executive, the aggregate consideration to be paid for such shares, and the time and place for the closing of the transaction.

  • The closing of the purchase of the Vested Units pursuant to the Repurchase Option shall take place on the date designated by the LLC in the LLC Repurchase Notice, which date shall be a business day not more than 60 days nor less than five days after the delivery of such notice.

  • The Escrow Agent shall establish an account in the name of Mercantile Absolute Return Fund LLC, Escrow Account for the Benefit of Members (the "Subscription Account") and an account in the name of Mercantile Absolute Return Fund LLC Repurchase Account (the "Repurchase Account") and together with the Subscription Account, (the "Accounts").

  • The Escrow Agent shall establish an account in the name of Mercantile Alternative Strategies Fund LLC, Escrow Account for the Benefit of Members (the "Subscription Account") and an account in the name of Mercantile Alternative Strategies Fund LLC Repurchase Account (the "Repurchase Account") and together with the Subscription Account, (the "Accounts").

  • The Escrow Agent shall establish an account in the name of Xxxxxxxxxx Partners, LLC, Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of Xxxxxxxxxx Partners, LLC, Repurchase Account (the "Repurchase Account," and together with the Subscription Account, the "Accounts").

  • The Escrow Agent shall establish an account in the name of PW Aspen Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of PW Aspen Fund, L.L.C. Repurchase Account (the "Repurchase Account") and, together with the Subscription Account, the "Accounts").

  • The Escrow Agent shall establish an account in the name of UBS Multi-Strat Fund, L.L.C., Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of UBS Multi-Strat Fund, L.L.C. Repurchase Account (the "Repurchase Account" and, together with the Subscription Account, the "Accounts").

  • The Escrow Agent shall establish an account in the name of [Antenor Fund, LLC] [Beaumont Fund, LLC] [Curan Fund, LLC], Escrow Account for the Benefit of Investors (the "Subscription Account") and an account in the name of [Antenor Fund, LLC] [Beaumont Fund, LLC] [Curan Fund, LLC] Repurchase Account (the "Repurchase Account") and, together with the Subscription Account, the "Accounts").

Related to LLC Repurchase

  • Share Repurchase means the purchase, repurchase, redemption or other acquisition by Borrower from any Person of any capital stock or other equity interest of Borrower.

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Reverse Repurchase Agreement means an agreement pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price.

  • Fundamental Change Repurchase Notice shall have the meaning specified in Section 15.02(b)(i).

  • Fundamental Change Repurchase Date shall have the meaning specified in Section 15.02(a).

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Ratings Event.

  • Make-Whole Acquisition Stock Price means the price paid per share of Common Stock in the event of a Make-Whole Acquisition. If the holders of shares of Common Stock receive only cash in the Make-Whole Acquisition in a single per-share amount, other than with respect to appraisal and similar rights, the Make-Whole Acquisition Stock Price shall be the cash amount paid per share of Common Stock. For purposes of the preceding sentence as applied to a Make-Whole Acquisition of the type set forth in clause (a) of the definition Make-Whole Acquisition, a single price per share of Common Stock shall be deemed to have been paid only if the transaction or transactions that caused the Make-Whole Acquisition to occur was a tender offer for more than 50% of the then-outstanding Common Stock. Otherwise, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on the ten Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Fundamental Change Purchase Price has the meaning specified in Section 5.01(a).

  • Repurchase As defined in Section 2.03(a) of this Agreement.

  • Master Repurchase Agreement means the Master Repurchase Agreement of even date herewith between the Trust and Bear, Xxxxxxx & Co. Inc. as it may from time to time be amended.

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Fund, at a Redemption Price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a period of six months during which such VRDP Shares cannot be successfully remarketed (i.e., a Failed Remarketing Condition--Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Fund on a first-in, first-out basis, in accordance with and subject to the provisions of the VRDP Fee Agreement and this Statement.

  • repurchase transaction means a transaction governed by an agreement by which a counterparty transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognised exchange which holds the rights to the securities and the agreement does not allow a counterparty to transfer or pledge a particular security to more than one counterparty at a time, subject to a commitment to repurchase them, or substituted securities of the same description at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the counterparty selling the securities and a reverse repurchase agreement for the counterparty buying them;

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Form of Fundamental Change Repurchase Notice means the “Form of Fundamental Change Repurchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.

  • Shares Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such; provided that, if such Person is determined not to have become an Acquiring Person pursuant to Section 1(a) hereof, then no Shares Acquisition Date shall be deemed to have occurred.

  • Fundamental Change Purchase Notice has the meaning specified in Section 3.01(a)(i).

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • Public purchase means a purchase by means of competitive bids of goods, services, or materials by the State or any of its political subdivisions or public agencies on whose behalf the Attorney General may bring an action pursuant to subdivision (c) of Section 16750 of the Business and Professions Code.

  • Repurchase Event means the occurrence of a breach of any of the Seller’s representations and warranties in Section 3.1(a) or any other event which requires the repurchase of a Receivable by the Seller, under the Sale and Servicing Agreement.

  • Fundamental Change Purchase Date has the meaning specified in Section 8.01(a).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Acquisition Price means the fair market value of the securities, cash or other property, or any combination thereof, receivable upon consummation of a Company Transaction in respect of a share of Common Stock.

  • Repurchase Offer has the meaning set forth in Section 3.04.