Examples of Purchased Capital Stock in a sentence
If any Warrant Shares or Purchased Capital Stock are redeemed only in part, the Company shall issue a new share certificate for the remaining Warrant Shares or Purchased Capital Stock, which share certificate shall be registered in the name of and delivered to the appropriate holder.
Each Investor Stockholder shall be entitled to exercise its right to cause the Company to purchase all its shares of Purchased Capital Stock pursuant to this Section 6 by giving the Company written notice of such exercise within 15 days following its receipt of the Put Notice.
As of the Closing Date, Holding Company A Sellers and Holding Company B Sellers are the record and beneficial owners of the issued and outstanding shares of capital stock of Holding Companies as set forth opposite their names on Exhibit A-2 hereto, free and clear of all Encumbrances, including any agreement, understanding or restriction entered into by Sellers affecting the voting rights or other incidents of record or beneficial ownership pertaining to the Purchased Capital Stock.
The Holders of the Purchased Capital ------------------- Stock, Warrants and Warrant Shares and Purchase Shares, if any, shall have registration rights as provided in the Registration Rights Agreement dated as of the date hereof by and between the Holders of the Purchased Capital Stock, Warrants or Warrant Shares, and Purchase Shares, if any, Prudential and the Company.
Unless and until an Initial Public --------------------------- Offering has occurred, the holders of the Purchased Capital Stock, and Warrants and Warrant Shares and Purchase Shares, if any, shall have the option (the "Put Option") to require the Company to purchase all (and in the case of the Warrants and Warrant Shares not less than all) of the Purchased Capital Stock, Warrants and Warrant Shares and Purchase Shares, if any, at anytime after a Put Event has occurred.
The put option may be exercised by the ------------------ Holders of the Purchased Capital Stock, Warrants and Warrant Shares and Purchase Shares, if any, by such Holder giving written notice to the Company that such Holder elects to sell the Purchased Capital Stock, Warrants and Warrant Shares and Purchase Shares, if any, then held by such Holder to the Company ("Put Date") at the repurchase price set forth in Section 6.3 (the "Repurchase Price").
The closing for the repurchase of the ------------------- Purchased Capital Stock, Warrants and Warrant Shares and Purchase Shares, if any, by the Company pursuant to this Section 6 shall occur within ten (10) Business Days following the date of the determination of the Repurchase Price which shall be payable by the Company by delivery of a certified or cashiers' check to the selling Holder.
The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors and assigns and the registration rights and the other Equity Holder rights contained in this Agreement shall be automatically transferred to any subsequent holder of Warrant Securities, Purchased Capital Stock or Registrable Securities.
The Purchasers shall not be obligated to purchase any Notes unless and until the Company shall have used the proceeds from the issuance and sale of the Purchased Capital Stock pursuant to the terms of the Stock Purchase Agreement to pay an aggregate of $2,500,000 of the cash consideration payable by the Company at the Tier I Closing and the Tier II Closing.
Neither this Agreement nor any of the rights or obligations hereunder may be assigned by any of the Sellers without the prior written consent of Buyer, or by Buyer without the prior written consent of Sellers' Representatives, except that Buyer may, without such consent, assign the right to acquire the Purchased Capital Stock to any of its direct or indirect subsidiaries; provided, that no such assignment shall relieve Buyer of any of its obligations under this Agreement.