Repurchase Procedures definition

Repurchase Procedures means, as of any date, the written procedures then in effect, as approved by the Board, for the repurchase by HomeStreet, Inc. of Common Stock.
Sample 1
Repurchase Procedures has the meaning specified in Section IV(b). “Rule 10b-18” means Rule 10b-18 under the Exchange Act. “SEC” has the meaning specified in Annex A hereto. “Securities Act” means the Securities Act of 1933, as amended. “Settlement Amount” means (a) the Purchase Price minus (b) the product of (i) the Number of Initial Shares and (ii) the Settlement Price, minus (c) the Dividend Amount hereunder. “Settlement Date” means the fourth Trading Day immediately following the last day of the Pricing Period. “Settlement Price” means the average price per share of Common Stock paid by Citigroup to purchase the Number of Initial Shares during the Pricing Period. “Share Cap” means, as of any date of determination, two (2) times the Number of Initial Shares minus the number of shares of Common Stock delivered by the Company to Citigroup on or prior to such date hereunder (in each case subject to adjustment pursuant to Section VI(b) and VIII). “Trading Day” means any day (i) other than a Saturday, a Sunday or a Disrupted Day, and (ii) on which the Exchange is open for trading during its regular trading session, notwithstanding the Exchange closing prior to its scheduled closing time. “Transaction” means the transaction contemplated by this Letter Agreement. 3
Sample 1
Repurchase Procedures means, as of any date, the procedures then in effect, as approved by the Board of Directors of Company, relating to the repurchase by Company of shares of its common stock.
Sample 1

Examples of Repurchase Procedures in a sentence

  • Share Repurchases may be made on such terms as to price, delivery, and otherwise as you shall determine, including in accordance with the Share Repurchase Procedures adopted by the Board of Directors of the Fund.

  • Share Repurchases may be made on such terms as to · price, delivery, and otherwise as you shall determine, including in accordance with the Share Repurchase Procedures adopted by the Board of Directors of the Fund.

  • Unless otherwise agreed by Company in its sole discretion, the closing of the purchase and sale of Shares (the “Closing”) shall take place on the final day (the “Closing Date”) of the next occurring “window period” under the Repurchase Procedures immediately following receipt by Shareholder (in accordance with Section 7.1 below) of Company’s written notice to Shareholder pursuant to either Section 3.3 or Section 4.2 (the “Purchase Window Period”).

  • The purchase price of Shares to be purchased by Company pursuant to Section 3.4 or Section 4.2 shall be equal to the Appraised Value applicable to the Purchase Window Period under the Repurchase Procedures, multiplied by the number of Shares to be purchased pursuant to Section 3.4 or Section 4.2.

  • If Company elects to purchase any Shares pursuant to Section 3.3 or Section 4.2, Shareholder shall sell and Company shall purchase such Shares on the terms set forth in Sections 3.5 and 3.6 and, unless otherwise agreed by Company, on the terms set forth in the Repurchase Procedures.

  • Furthermore, no such sale shall operate to enlarge or extend or modify any of the construction time constraints imposed in Section 8.01, Repurchase Procedures, above.

  • Citigroup will conduct such purchases in accordance with the Repurchase Procedures described in Section IV(b) below.

  • Detailed Repurchase Procedures are set forth in Exhibit III hereto.

Related to Repurchase Procedures

  • Sale Procedures Unless otherwise specified in the Supplement, shall mean that, with respect to any sale of one or more Underlying Securities or Related Assets, the Market Agent, on behalf of the Trust, shall sell such Underlying Securities or Related Assets to the highest bidders among not less than two solicited bidders for such Underlying Securities or Related Assets (one of which bidders may include Merrill Lynch & Co. or any Affiliate thereof; provided, however, that xxxxxxr Xxxxill Lynch & Co. nor any of its Affiliates will be under any obligxxxxx xo xxx, and which bidders need not be limited to recognized broker dealers). In the sole judgment of the Market Agent, bids may be evaluated on the basis of bids for a single Underlying Security or Related Asset, a portion of the Underlying Securities or Related Assets, or all of the Underlying Securities or Related Assets being sold or any other basis selected in good faith by the Market Agent.

  • Applicable Procedures means, with respect to any transfer or exchange of or for beneficial interests in any Global Note, the rules and procedures of the Depositary, Euroclear and Clearstream that apply to such transfer or exchange.

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • appropriate procedures means procedures reasonably designed to prevent and detect errors and omissions. In determining the reasonableness of such procedures, weight will be given to such factors as are appropriate, including the prior occurrence of any similar errors or omissions when such procedures were in place and transfer agent industry standards in place at the time of the occurrence.

  • Repurchase Proceeds the Repurchase Price in connection with any repurchase of a Mortgage Loan by the Seller and any cash deposit in connection with the substitution of a Mortgage Loan.

  • Restrictive procedures means the use of physical holding or seclusion of children with disabilities in an emergency. Because the special education director reported the district intends to continue the use of physically holding children with disabilities in an emergency, the district is required to maintain and make publicly accessible a restrictive procedures plan (RPP) for children with disabilities. Minnesota Statute requires that the plan must, at least, list the restrictive procedures the school intends to use; describe how the school will monitor and review the use of restrictive procedures; and include a written description and documentation of the training school personnel completed.

  • Auction Procedures means the auction procedures constituting Part II of the form of Statement as of the filing thereof.

  • AML/KYC Procedures means the customer due diligence procedures of a Reporting Finnish Financial Institution pursuant to the anti-money laundering or similar requirements of Finland to which such Reporting Finnish Financial Institution is subject.

  • Operation Procedures means the procedures contained in Annexure A hereto which the Contractor is obliged to follow when performing work on behalf of the company

  • Change Control Procedures Has the meaning given in Section 9.6(a) of the Agreement. Change Management or Change Management Process Means the processes relating to planning and performing all changes in DIR Customer's IT environment pertaining to the Services, including changes to individual components and coordination of changes across all components. The Change Management processes will support and include checkpoints to determine any potential or required Change Control Procedures. Chargeback Has the meaning given in Exhibit 4 of the Agreement.

  • Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Global Security or beneficial interest therein, the rules and procedures of the Depositary for such Security, in each case to the extent applicable to such transaction and as in effect from time to time.

  • Rights Offering Procedures means the procedures governing the Rights Offering, which procedures are attached as an exhibit to the Disclosure Statement, and shall be Acceptable to the Debtors and each of the Required Parties.

  • Servicing Procedures means the servicing procedures of Ford Credit relating to retail installment sale contracts originated or purchased by Ford Credit as the procedures may change.

  • Repurchase Offer shall have the meaning specified in Section 11.1(b).

  • Call Off Procedure means the process for awarding a Call Off Agreement pursuant to Clause 4 (Call Off Procedure) and Framework Schedule 5 (Call Off Procedure);

  • Procedures shall collectively mean DST’s transfer agency procedures manual, third party check procedures, checkwriting draft procedures, Compliance + and identity theft programs and signature guarantee procedures;

  • customs procedures means the treatment applied by the customs administration of each Party to goods which are subject to customs control.

  • Depositary Procedures means, with respect to any conversion, transfer, exchange or transaction involving a Global Note or any beneficial interest therein, the rules and procedures of the Depositary applicable to such conversion, transfer, exchange or transaction.

  • MERS Procedures Manual The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time.

  • Repurchase Request shall have the meaning assigned to such term in Section 2.4(a) of the Sale and Servicing Agreement.

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • railway operational procedures means procedures specified under any access agreement (as defined in the Railways Act 1993) or station lease;

  • Remarketing Procedures means the procedures for conducting Remarketings set forth in Part II of these Articles Supplementary.

  • Repurchase Rules and Regulations shall have the meaning specified in Section 6.14 of the Indenture.

  • Customary Servicing Procedures means procedures (including collection procedures) that the Assuming Institution (or, to the extent a Third Party Servicer is engaged, the Third Party Servicer) customarily employs and exercises in servicing and administering mortgage loans for its own accounts and the servicing procedures established by FNMA or FHLMC (as in effect from time to time), which are in accordance with accepted mortgage servicing practices of prudent lending institutions.

  • Settlement Procedures means the Settlement Procedures attached hereto as Exhibit A.