Share Repurchase Plan definition
Examples of Share Repurchase Plan in a sentence
If the Company requires the mandatory repurchase of any Shares, such repurchase will not be subject to the repurchase limits under the Share Repurchase Plan, including any repurchase limitations set forth therein, unless otherwise determined by the Board of Directors in its sole discretion.
For the avoidance of doubt, Eligible Shares are not subject to the 5% quarterly repurchase limitation of the Existing Share Repurchase Plan.
The Board of Directors may from time to time, and in its sole discretion and on such terms as it may determine, cause the Company to offer to repurchase Shares from Members, including pursuant to the Share Repurchase Plan or Company Tender Offers.
Notwithstanding anything in this Agreement but subject to the Act and any applicable limitations set forth in the Share Repurchase Plan or the Repurchase Arrangement, the Company is hereby authorized to redeem all or any portion of the EQT AB Group Shares upon such terms and conditions as the Company and the applicable EQT Member may agree from time to time without the consent of any other Person.
Other than as provided in Section 10.8 with respect to EQT Members, a Member may resign from the Company only by having all of such Member’s Shares repurchased pursuant to Section 10.9 or pursuant to the Share Repurchase Plan, Company Tender Offers or the Repurchase Arrangement, as applicable, or by Assigning all of such Member’s Shares in accordance with this Article X.
Class T Shares of the Company obtained by the Manager will be subject to the repurchase limits of the Share Repurchase Plan.