Repurchase Shares definition

Repurchase Shares has the meaning specified in Section 2.3(a).

Repurchase Shares means that number of shares of Common Stock equal to the quotient of the Repurchase Amount divided by the Option Per Share Price, such number to be rounded upwards to the nearest whole number.

Repurchase Shares has the meaning given to that term in subsection 4.1

Examples of Repurchase Shares in a sentence

• Two Business Days prior to each Settlement Date, the Company shall deliver a notice to Genworth by email (each, a “Settlement Notice”) specifying its calculation of the Repurchase Shares and the Repurchase Price Per Share.

• The Repurchase Notice shall include a valuation (without any reduction for minority interests) of the Repurchase Shares as of the date of the Termination Event from a Third Party Valuation Firm (the “Repurchase Price”), together with reasonable supporting information.

• Genworth has had an opportunity to ask questions of and to receive answers from, the Company concerning the Company, the Repurchase Shares and the transactions described in this Agreement.

• On each Settlement Date (as defined below), Genworth shall sell to the Company, and the Company shall repurchase from Genworth, a number of Shares equal to the Repurchase Shares, under the terms and subject to the conditions hereof and in reliance upon the representations, warranties and agreements contained herein at the Repurchase Price Per Share.

More Definitions of Repurchase Shares

Repurchase Shares means the IFC Shares to be redeemed by IFC as specified in the Repurchase Notice, which shall be 100% of the IFC Shares as of the date of such Repurchase Notice.

Repurchase Shares means (i) the Vesting Shares and (ii) any equity securities issued or issuable directly or indirectly with respect to any of the securities referred to in clause (i) above by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization. Such stock shall continue to be Repurchase Shares in the hands of any holder (except for the Company, the Investors and transferees in a Public Sale consummated in accordance with the Investor Rights Agreement), and except as otherwise provided herein, each such other holder of Repurchase Shares shall succeed to all rights and obligations attributable to Executive as a holder of Repurchase Shares hereunder. Repurchase Shares shall include both Vested and Unvested Repurchase Shares and shall include interests in the Company issued with respect to Repurchase Shares including, without limitation, by way of any recapitalization.

Repurchase Shares means 500,000 shares of Common Stock.

Repurchase Shares means, collectively, the Initial Repurchase Shares and the Additional Repurchase Shares.

Repurchase Shares means a number of Shares (rounded to the nearest whole Share) equal to (i) the aggregate number of shares of Common Stock repurchased by the Company pursuant to Market Repurchases during the Settlement Period, multiplied by (ii) 4.4229 (which is the approximate ratio as of the date of this Agreement of Genworth’s Shares relative to the shares of Common Stock owned by stockholders other than Genworth, and shall be adjusted with deference and upon mutual consent of the parties to maintain Genworth’s ownership level). For the avoidance of doubt, acquisitions or deemed acquisitions of Common Stock outside of the Repurchase Program (for example, pursuant to net settlement of equity compensation awards) shall not constitute Repurchase Shares.

Repurchase Shares means the Managed Cash Shares which are reclassified as Repurchase Shares in accordance with article 11, and having repurchase rights in the share capital of the Company;

Repurchase Shares means the number of shares of Common Stock (rounded down to the nearest whole number, if applicable) to be sold by the Seller and to be purchased by the Company hereunder, as determined in accordance with Section 2.1.