Repurchase Payment Sample Clauses
Repurchase Payment. The payment of principal plus any accrued and unpaid interest, less any penalties upon the repurchase of any Note, that is being made at the request of the Holder in accordance with the Indenture.
Repurchase Payment. If, at the time of repurchase, any notes are outstanding which represent any portion of the total purchase price for Shares being so repurchased, the repurchase price shall be paid first by cancellation of any obligation for accrued but unpaid interest under such notes, next by cancellation of principal under such notes, and finally by payment of cash or check.
Repurchase Payment. The amount payable to you pursuant to the Company's exercise of the Right of First Refusal will be paid to you in accordance with the terms and conditions of the Transfer Notice or may, at the election of the Company, be paid in full in cash.
Repurchase Payment. Subject to Section 6.03, if Grantee exercises its rights under this Section 6, within five (5) Business Days after the Repurchase Request Date, (i) Issuer shall pay by wire transfer to Grantee the Repurchase Fee in immediately available funds to an account designated in writing by Grantee to Issuer, and (ii) Grantee shall surrender to Issuer certificates representing the shares of Issuer Common Stock acquired hereunder with respect to which Grantee then has beneficial ownership, and Grantee shall warrant that it has sole record and beneficial ownership of such shares and that the same are then free and clear of all liens, claims, charges and encumbrances of any kind whatsoever.
Repurchase Payment. (a) In full and final settlement of all claims which were or might have been asserted by Warrant Holder arising from the Warrants, the Company hereby agrees to repurchase the Warrants from the Warrant Holder as follows:
(i) an amount in cash equal to $0.15 multiplied by the total number of Warrants owned by the Warrant Holder, such payment to be made on or prior to March 3, 2023 (the “Initial Payment”, and such date, the “Initial Payment Due Date”); and
(ii) an amount in cash equal to $0.10 multiplied by the total number of Warrant owned by the Warrant Holder, such payment to be made on or prior to May 1, 2023 (the “Additional Payment”, and such date, the “Additional Payment Due Date”).
(b) Upon full payment as set forth in 1.(a) above, Warrant Holder shall return the Warrants held by it and the Company shall remove such Warrants from the Company’s warrant register.
(c) If the Company fails to make the Initial Payment on or prior to the Initial Payment Due Date and/or the Additional Payment on or prior to the Additional Payment Due Date, as applicable, or otherwise breaches any term or condition of this Agreement, as of the time of any such breach hereunder, (A) the Warrants shall remain outstanding and be exercisable in full in accordance with their terms, and (B) the Warrant Holder shall retain all rights available under applicable law or equity with respect hereto (including, without limitation, with respect to the enforcement of this Section 1); provided, that if after any such breach the Warrant Holder elects in a writing to the Company to terminate its obligation to sell the Warrants to the Company in accordance herewith, upon the delivery of such written notice to the Company, then (i) the Warrants shall no longer be redeemable hereunder, (ii) the Warrants shall remain outstanding and be exercisable in full in accordance with their terms and, (iii) with respect to any payment, if any, made to the Warrant Holder pursuant to this Section 1 prior to such breach, upon the delivery of such written notice to the Company, the Company shall automatically, and without any further action by the Warrant Holder, forfeit such amounts to the Warrant Holder as a break-up fee hereunder (and the Warrant Holder shall have no obligation to return such amounts to the Company). Notwithstanding the foregoing, and in addition to any other remedies available to the Warrant Holder under applicable law or equity, upon any breach of this Agreement, the Warrant Holder reserves...
Repurchase Payment. Merchant shall pay the Repurchase Proceeds in monthly installments due on the first business day of each month after the Sale Date plus a final payment on the Repurchase Date. Each monthly installment payment will be equal to the sum of the Daily Markup Amounts for the preceding month. The final payment shall be equal to the total Repurchase Proceeds less monthly installments paid. All payments shall be made in good, collected funds available to FCStone Financial on or before 12:00 p.m., Iowa time on the payment date. Merchant shall make such payment without notice or demand.