Common use of Repurchase Closing Clause in Contracts

Repurchase Closing. At the closing of a Company repurchase ------------------ of Investor Stock pursuant to this Section ▇ (▇▇▇ "▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇"), each ------------------ Investor selling Investor Stock shall deliver to the Company all existing stock certificates evidencing the Investor Stock held by such Investor, upon the Company's delivery to each such selling Investor of Cash in an aggregate amount equal to the Repurchase Price of such Investor Stock.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Focal Communications Corp), Stock Purchase Agreement (Focal Communications Corp)

Repurchase Closing. At the closing of a Company repurchase of ------------------ of Investor Stock pursuant to this Section ▇ (▇▇▇ "▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇"), each ------------------ Investor selling Investor Stock shall deliver to the Company all existing stock certificates evidencing the Investor Stock held by such Investor, upon the Company's delivery to each such selling Investor of Cash in an aggregate amount equal to the Repurchase Price of such Investor Stock.

Appears in 1 contract

Sources: Stock Purchase Agreement (Focal Communications Corp)