Common use of Repurchase Closing Clause in Contracts

Repurchase Closing. The closing of the purchase of the Executive Securities pursuant to the Repurchase Option shall take place on the date designated by the Company in the Repurchase Notice which date shall not be more than 60 days nor less than 10 days after the delivery of such notice delivered. Subject to Section 8(e), the Company shall pay for the Executive Securities to be purchased pursuant to the Repurchase Option by delivery of a check or wire transfer of funds. The Company shall be entitled to receive customary representations and warranties regarding good title to such securities, free and clear of any liens or encumbrances, power and authority, due execution, and enforceability.

Appears in 3 contracts

Samples: Management Agreement (United Industries Corp), Management Agreement (United Industries Corp), Management Agreement (United Industries Corp)

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Repurchase Closing. The closing of the purchase of the Executive Securities Shares pursuant to the Repurchase Option shall take place on the date designated by the Company in the Repurchase Notice which date shall not be more than 60 days nor less than 10 days after the delivery of such notice deliverednotice. Subject to Section 8(eSECTION 4.4(e), the Company shall pay for the Executive Securities Shares to be purchased pursuant to the Repurchase Option by delivery of a check or wire transfer of funds. The Company shall be entitled to receive customary representations and warranties regarding good title to such securities, free and clear of any liens or encumbrances, power and authority, due execution, and enforceability.

Appears in 2 contracts

Samples: Industries Corporation Stock Option Agreement (United Industries Corp), Industries Corporation Stock Option Agreement (United Industries Corp)

Repurchase Closing. The closing of the purchase of the Executive Securities Shares pursuant to the Repurchase Option shall take place on the date designated by the Company in the Repurchase Notice which date shall not be more than 60 days nor less than 10 days after the delivery of such notice deliverednotice. Subject to Section 8(e4.4(e), the Company shall pay for the Executive Securities Shares to be purchased pursuant to the Repurchase Option by delivery of a check or wire transfer of funds. The Company shall be entitled to receive customary representations and warranties regarding good title to such securities, free and clear of any liens or encumbrances, power and authority, due execution, and enforceability.

Appears in 1 contract

Samples: Industries Corporation Stock Option Agreement (United Industries Corp)

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Repurchase Closing. The closing of the purchase of the Executive Securities pursuant to the Repurchase Option shall take place on the date designated by the Company in the Repurchase Notice which date shall not be more than 60 days nor less than 10 days after the delivery of such notice delivered. Subject to Section SECTION 8(e), the Company shall pay for the Executive Securities to be purchased pursuant to the Repurchase Option by delivery of a check or wire transfer of funds. The Company shall be entitled to receive customary representations and warranties regarding good title to such securities, free and clear of any liens or encumbrances, power and authority, due execution, and enforceability.

Appears in 1 contract

Samples: Management Agreement (United Industries Corp)

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