Repurchase Period Sample Clauses
POPULAR SAMPLE Copied 2 times
Repurchase Period. The fourth sentence of Section 6(a) of the Shareholders’ Agreement is amended and restated in its entirety, with respect to any Shares acquired by ▇▇▇▇▇▇▇ or his 401(k) trust, as follows: “Upon such Termination by ▇▇▇▇▇▇▇, the Company and/or the Institutional Shareholders, as the case may be, may exercise such right at any time within one hundred eighty one (181) days of the Termination Date (the “REPURCHASE PERIOD”).”
Repurchase Period
Repurchase Period. The Company shall be permitted to exercise its right to repurchase (or to cause its designee to repurchase) Company Shares and/or Purchased Senior Notes, as the case may be, following the Purchaser’s Termination of Active Service during a period of six months, commencing on the applicable day specified below for the applicable type of Company Shares or for the Purchased Senior Notes, as the case may be (the “Repurchase Period”); provided that the Repurchase Period shall expire as of any earlier day during the Repurchase Period that the Company delivers written notice to the Purchaser of its election to exercise (or decision not to exercise) its repurchase right with respect to such Company Shares and/or Purchased Senior Notes, as the case may be: Type of Termination Commencement Date: Company Shares Purchased on Exercise of Vested Options Company Shares Purchased on Exercise of Investment Rights Purchased Senior Notes Without Cause The six-month anniversary of the later of (i) the Purchaser’s Termination Date and (ii) the date of the Purchaser’s last purchase of Company Shares on exercise of Options The six-month anniversary of the later of (i) thePurchaser’s Termination Date and (ii) the date of the Purchaser’s last purchase of Company Shares on exercise of Investment Rights The Purchaser’s Termination Date Resignation by the Participant The later of (i) the 91st day following the Purchaser’s Termination Date and (ii) the six-month anniversary of the Purchaser’s last purchase of Company Shares on exercise ofOptions The later of (i) the 91st day following the Purchaser’s Termination Date and (ii) the six-month anniversary of the date of the Purchaser’s last purchase of Company Shares on exercise of Investment Rights The Purchaser’s Termination Date Due to Death, Disability or Retirement The later of (i) the Purchaser’s Termination Date and (ii) the six month anniversary of the date of the Purchaser’s or, if applicable, the Purchaser Permitted Transferee’s, last purchase of Company Shares upon exercise of Options The Purchaser’s Termination Date The Purchaser’s Termination Date By the Board of Directors for Cause The date notice of termination is delivered to the Purchaser The date notice of termination is delivered to the Purchaser The date notice of termination is delivered to the Purchaser (d) Procedures; Closing of Repurchase.
Repurchase Period. All unvested Class B Units held by such Terminated Member shall automatically be cancelled and of no further economic effect without further action on the part of the Company or the Class B Member.
Repurchase Period. With respect to repurchases from Investor, the term “Repurchase Period” means the 6 month anniversary of the Investor’s Service Termination Date; provided that such 6-month period shall be tolled under the same circumstances as set forth in Section 9(a)(iv).
Repurchase Period. The Repurchase Option may be exercised at any time and from time to time on or after the Closing and until 5:00 p.m. New York City time on the date that is twenty‑four (24) months following the Closing Date (the “Repurchase Period”). If the Repurchase Option has not been validly exercised prior to the expiration of the Repurchase Period in accordance with this Article 10, it shall automatically and permanently terminate without any further action by any party.