Common use of Redemption of Preferred Shares Clause in Contracts

Redemption of Preferred Shares. The Company may redeem and repurchase Preferred Shares from the holders thereof, and will redeem and repurchase the Preferred Shares from the holders thereof, at the times and upon the terms and conditions set forth in the Company's Articles of Incorporation.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Orphan Medical Inc), Stock Purchase Agreement (Orphan Medical Inc), Stock Purchase Agreement (Ubs Capital Ii LLC)

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Redemption of Preferred Shares. The Company may redeem and repurchase Preferred Shares from the holders thereof, and will redeem and repurchase the Preferred Shares from the holders thereof, thereof at the times and upon the terms and conditions set forth in the Company's Articles Capital Stock Provisions to the extent funds are legally available to do so. Optional redemptions of IncorporationPreferred Shares by the Company shall not be permitted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Buca Inc /Mn)

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Redemption of Preferred Shares. The Company may redeem and repurchase Preferred Shares from the holders thereof, and will redeem and repurchase the Preferred Shares from the holders thereof, Purchaser at the times and upon the terms and conditions set forth in the Company's Articles of IncorporationCertificate.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Integ Incorp)

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