Share Repurchases definition

Share Repurchases means the purchase and cancellation by the Borrower of up to $75,000,000 of its shares of common stock pursuant to the Share Repurchase Program.

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Share Repurchases shall have the meaning given such term in the IRS Ruling.

Share Repurchases means purchases by the Parent of its issued and outstanding Equity Interests.

Examples of Share Repurchases in a sentence

• Use the proceeds of the Loans (i) to repay in full all amounts in respect of the Existing Credit Agreement and (ii) for general corporate purposes not in contravention of any Law or of any Loan Document, including, without limitation, Permitted Acquisitions, Permitted Business Acquisitions, Permitted Share Repurchases, Permitted Note Repurchases and Redemptions and working capital purposes.

• For the avoidance of doubt, the right to Minority Share Repurchases shall be in addition to, and shall not in any way limit, the right of the Alfa Shareholders to acquire Shares pursuant to Section 3.02.

• The proceeds of Revolving Loans funded after the Closing Date shall be utilized to provide working capital and funds for general corporate purposes (including without limitation for Permitted Acquisitions and Share Repurchases) and capital expenditures, in each case, not inconsistent with the terms of this Agreement.

• Use the proceeds of the Credit Extensions (a) for working capital, capital expenditures and other general corporate purposes not in contravention of any Law or of any Loan Document (including the payment of any amounts owing under the Existing Credit Agreement) and (b) to finance (i) Permitted Share Repurchases, (ii) Permitted Acquisitions and (iii) cash dividends and distributions permitted hereunder.

• Use the proceeds of the Credit Extensions (a) to refinance that certain Credit Agreement dated as of April 1, 2016 among the Borrower, ▇▇▇▇▇▇▇▇▇ Hardwood Flooring Company, the Subsidiaries of the Borrower thereto and the Administrative Agent, (b) finance in part Permitted Share Repurchases and (c) for general corporate purposes not in contravention of any Law or of any Loan Document.

More Definitions of Share Repurchases

Share Repurchases means, with respect to any Person, to directly or indirectly redeem, purchase, retire or otherwise acquire for value any of the Equity Interests of such Person or set aside any amount for any such purpose (other than through the issuance of additional Equity Interests (other than Disqualified Stock) of the Person redeeming, purchasing, retiring or acquiring such shares).

Share Repurchases means a transaction or series of transactions whereby Parent repurchases Stock of Parent, (i) pursuant to Parent’s Stock repurchase plan approved by the Board of Directors (the “Plan Share Repurchases”), as long as: (x) no Default or Event of Default shall have occurred and be continuing either before or immediately after giving effect to a Plan Share Repurchase, (y) both before and immediately after giving effect to any Plan Share Repurchase, Borrowers would have Liquidity in excess of $30,000,000 and (z) the aggregate amount of consideration paid for such Plan Share Repurchases shall not exceed $5,000,000; (ii) pursuant to repurchase rights exercisable in connection with the termination of service of any service provider to any Borrower (the “Other Share Repurchases”), provided: (y) no Default or Event of Default shall have occurred and be continuing or would result from any Other Share Repurchase and (z) the aggregate amount of consideration paid for such Other Share Repurchase shall not exceed $500,000 in any one fiscal year; and (iii) pursuant to Plan Share Repurchases (in addition to those permitted under clause (i) above and referred to herein as the “Additional Plan Share Repurchases”) as long as: (w) no Default or Event of Default shall have occurred and be continuing either before or immediately after giving effect to an Additional Plan Share Repurchase, (x) both before and immediately after giving effect to any Additional Plan Share Repurchase, Borrowers would have Liquidity in excess of $40,000,000, (y) the aggregate amount of consideration paid for such Additional Plan Share Repurchases shall not exceed $50,000,000, and (z) all such Additional Plan Share Repurchases described in this clause (iii) shall be consummated on or before June 30, 2007.

Share Repurchases has the meaning set forth in Section 7.07(e).

Share Repurchases means the aggregate amount of Cash, the principal amount of any promissory note or other consideration paid by Maritrans for the purchase by Maritrans of outstanding shares of Maritrans' capital stock.

Share Repurchases means the purchase of shares of any class of stock, option, right or other equity interest, whether voting or non-voting of MCRI by MCRI.

Share Repurchases means purchases by the Borrower of common stock of the Borrower pursuant to one or more share repurchase plans announced by the board of directors of the Borrower from time to time.

Share Repurchases means the repurchase or redemption in one or more transactions on or after the Third Amendment and Restatement Effective Date of securities of the Parent Borrower held by its shareholders.