Repurchase Calculation Date definition

Repurchase Calculation Date means the last day of the month preceding the later of (i) the month in which the event giving rise to the right to repurchase occurs and (ii) the month in which the Repurchase Eligibility Date occurs.

Repurchase Calculation Date means (i) prior to the occurrence of a Public Offering, the last day of the month preceding the month in which date of repurchase occurs, and (ii) on and after the occurrence of a Public Offering, last date of trading of the Common Stock immediately preceding the date of repurchase on which there was a closing trading price for the Common Stock.

Repurchase Calculation Date means the date on which the repurchase occurs.

Examples of Repurchase Calculation Date in a sentence

• For purposes of this Section 6, any determination of Fair Market Value shall be made as of the Repurchase Calculation Date.

• The Repurchase Price shall be calculated as of the last day of the month preceding the later of (i) the month in which the event giving rise to the repurchase occurs and (ii) the month in which the Repurchase Eligibility Date occurs (hereinafter called the “Repurchase Calculation Date”); provided, however, for the purpose of the calculation of the Section 5(a) Repurchase Price, the Repurchase Calculation Date shall be the last day of the month preceding the month in which the Redemption Notice is served.

• After a Public Offering, the Section 5 Repurchase Price shall be a per share Repurchase Price equal to $5.00 plus the amount, if any, by which the Market Price Per Share as of the Repurchase Calculation Date exceeds $5.00.

• After a Public Offering, the Section 5 Repurchase Price shall be a per share Repurchase Price equal to the greater of (x) the Initial Price Per Share and (y) the Market Price Per Share (as defined in Section 7(f)) as of the Repurchase Calculation Date.

• After a Public Offering, the Section 6 Repurchase Price shall be a per share Repurchase Price equal to the lesser of (x) Market Value Per Share as of the Repurchase Calculation Date or (y) the sum of (A) the Initial Price Per Share and (B) the product of (1) the Percentage and (2) the amount, if any, by which the Market Value Per Share as of the Repurchase Calculation Date exceeds the Initial Price Per Share.

More Definitions of Repurchase Calculation Date

Repurchase Calculation Date as set forth in Section 7 of the Stockholder’s Agreement is hereby deleted in its entirety and replaced it with the following:

Repurchase Calculation Date means the last day of the month preceding the later of (i) the month in which the Repurchase Event occurs or (B) the month in which the Repurchase Eligibility Date (as hereinafter defined) occurs; provided, however that in the event of a Repurchase Event arising under Section 8(a) as a result of death or disability, the Repurchase Calculation Date shall be the date of the repurchase by the Company.

Repurchase Calculation Date means the closing trading price on the date immediately preceding the date of repurchase.

Repurchase Calculation Date means (i) prior to the occurrence of a Public Offering, the last day of the month preceding the month in which the date of repurchase occurs, and (ii) on and after the occurrence of a Public Offering, the closing trading price on the date immediately preceding the date of repurchase. 17 “Repurchase Notice” shall have the meaning set forth in Section 5(c) hereof. “Repurchase Price” shall mean the amount to be paid in respect of the Stock and Options to be purchased by the Company pursuant to Section 4 or 5. “Request” shall have the meaning set forth in Section 8(b) hereof. “Restricted Group” shall have the meaning set forth in Section 23(a) hereof. “Rollover Options” shall have the meaning set forth in the third “whereas” paragraph. “Sale Participation Agreement” shall mean that certain sale participation agreement entered into by and between the Management Stockholder and Parent, dated as of the date hereof. “SEC” shall mean the Securities and Exchange Commission. “Sponsor” shall have the meaning set forth in the second “whereas” paragraph. “Stock” shall have the meaning set forth in Section 2(a) hereof. “Stock Option Agreements” shall have the meaning set forth in the third “whereas” paragraph. “Subsidiaries” shall have the meaning set forth in the forth “whereas” paragraph. “transfer” shall have the meaning set forth in Section 2(a) hereof. “Transfer Restriction Waiver” shall have the meaning set forth in Section 8(a) hereof. “VHC” shall have the meaning set forth in the first “whereas” paragraph.

Repurchase Calculation Date means the last day of the month preceding the later of (i) the month in which the event giving rise to the right to repurchase occurs and (ii) the month in which the Repurchase Eligibility Date occurs; provided, however, that for purposes of Section 5(a)(iii) of this Agreement, the “Repurchase Calculation Date” that shall be used to calculate the Section 5 Repurchase Price shall instead be the later of (i) the tenth business day following the giving of the Redemption Notice referenced in Section 5(a)(ii) of this Agreement and (ii) the last day of the month preceding the month in which the Repurchase Eligibility Date occurs.”

Repurchase Calculation Date means the last day of the month preceding the later of (i) the month in which the event giving rise to the right to repurchase occurs, or, (ii) solely in the event that Section 7(g) applies, the last day of the applicable six-month holding period referenced therein. “Repurchase Notice” shall have the meaning set forth in Section 7(d) hereof. “Repurchase Price” shall mean the amount to be paid in respect of the Stock and Options to be purchased by the Company pursuant to Section 6(a), Section 7(a), 7(b), or 7(c), as applicable. “Request” shall have the meaning set forth in Section 10(b) hereof. “Restricted Group” shall mean, collectively, the Company, its subsidiaries, the Investors and their respective affiliates. “Retirement” shall mean the Management Stockholder’s resignation (other than for Good Reason) from service with the Company or any of its subsidiaries or affiliates (i) after attaining 65 years of age or (ii) after attaining 60 years of age and completing thirty-six (36) months of service following the Closing Date. “ROFO Notice” shall have the meaning set forth in Section 4(a) hereof. “ROFO Transferee” shall have the meaning set forth in Section 4(a) hereof. “Rollover Options” shall have the meaning set forth in the fourth “whereas” paragraph. “Rollover Stock” shall have the meaning set forth in the fourth “whereas” paragraph.

Repurchase Calculation Date shall be determined as follows: (i) For purposes of subsection (c), the Repurchase Calculation Date shall be the last day of the month preceding either (A) the month in which the Repurchase Event occurs or (B) the month in which the Repurchase Eligibility Date occurs, whichever produces the greater Section 5 Repurchase Price; (ii) For purposes of subsection (d), the Repurchase Calculation Date shall be the last day of the month preceding either (A) the month in which the Repurchase Event occurs or (B) the month in which the Repurchase Eligibility Date occurs, whichever produces the greater Section 6 Repurchase Price; (iii) For purposes of subsections (e) or (f) , the Repurchase Calculation Date shall be the last day of the month preceding either (A) the month in which the Repurchase Event occurs or (B) the month in which the Repurchase Eligibility Date occurs, whichever produces the lesser Section 6 Repurchase Price;