Repurchase of Warrants. (a) Prior to the occurrence of an Acquisition Event, Home shall have no right to repurchase the Warrants and CU shall have no right to require Home to repurchase the Warrants.
Repurchase of Warrants. In the event the Company shall fail ---------------------- to file the registration statement required by Section 7(b), or such registration statement shall not be declared effective within 150 days of the written request, then the Underwriter may require the Company to purchase, on the 151st day, the Underwriter's Warrants at a price equal to the difference between the Exercise Price and the market price per share of Common Stock as averaged over the mean between the "bid and "asked" price as of the close of each business day during the two-week period immediately preceding the 151st day; provided, however, that at the time of such purchase the average market price shall be more than $_____and further provided that the Company's net worth, at such time, is at least five (5) times the amount of the aggregate purchase price for such Underwriter's Warrants to be purchased.
Repurchase of Warrants. 12 Section 5.8. Xxxxxx Employment Agreement.................................. 12 Section 5.9.
Repurchase of Warrants. At the Closing, the Company will repurchase all of the warrants issued to PMI pursuant to Section 18 of the Common Stock Purchase Warrants, dated February 7, 1996, issued by the Company, pursuant to a repurchase agreement substantially in the form of Exhibit H.
Repurchase of Warrants. The Company shall use its reasonable best efforts to, and the Sponsor Shareholders shall use their reasonable best efforts to cause the Company to, develop and implement a plan to repurchase and retire four million (4,000,000) outstanding Warrants.
Repurchase of Warrants. 24 SECTION 4.09. Capitalization........................ 24 SECTION 4.10. Letter Agreements..................... 24
Repurchase of Warrants. 43 SECTION 6.05.
Repurchase of Warrants. Neither the Company nor any ----------------------- affiliate controlling, controlled by or under common control with the Company, directly or indirectly, may repurchase or make any offer to repurchase any Warrants unless an offer has been made to repurchase Warrants, pro rata, from all holders of the Warrants at the same time and upon the same terms. Any Warrant directly or indirectly held by an Affiliate of the Company shall not be deemed to be "outstanding" for purposes of any provision of this Agreement involving an amendment, waiver, consent or other action to be taken by the holders of the Warrants.
Repurchase of Warrants. (a) In the event that a ----------------------- Public Market does not exist for the Common Stock on the fifth anniversary of the Issue Date (the "Triggering Date"), the Company will be required, at its option, to (i) make an offer to purchase (the "Warrant Repurchase") all outstanding Warrants and Warrant Shares issued by it in cash at the Repurchase Price no later than 120 days after the Triggering Date or (ii) take all necessary action at its own expense to cause all the Warrant Shares issued or issuable by it to be registered with the SEC pursuant to an effective shelf registration statement under the Securities Act (including the filing and making available to holders of Warrant Shares and their designees a prospectus meeting the requirements of Section 10(a)(3) thereunder) and in accordance with applicable state securities laws no later than 120 days after the Triggering 44 Date. In connection with such a registration statement, the Company shall comply with the procedures and conditions specified in Section 6.02 and the indemnification provisions of Section 6.03 shall apply.
Repurchase of Warrants. (a) Prior to the occurrence of an Acquisition Event, BOH shall have no right to repurchase the Warrants and PCBG shall have no right to require BOH to repurchase the Warrants.
