Common use of The Repurchase Right and the Clause in Contracts

The Repurchase Right and the. First Refusal Right shall be exercised by written notice signed by an officer of the Company and delivered or mailed as provided in Section 14 hereof. The Repurchase Price or the First Refusal Price, as the case may be, shall be payable, at the option of the Company, in cancellation of all or a portion of any outstanding indebtedness of Purchaser to the Company or in cash (by check) or both.

Appears in 2 contracts

Samples: Pledge Agreement (Dyax Corp), Pledge Agreement (Dyax Corp)

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The Repurchase Right and the. First Refusal Right shall be exercised by written notice signed by an officer of the Company and delivered or mailed as provided in Section 14 hereof12. The Repurchase Price or and the First Refusal Price, as the case may be, Price shall be payable, at the option of the Company, payable first in cancellation of all or a portion of any outstanding indebtedness and interest thereon of Purchaser to the Company or represented by the Note and then in cash (by check) or both.

Appears in 1 contract

Samples: Employee Stock Purchase Agreement (Telaxis Communications Corp)

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The Repurchase Right and the. First Refusal Right shall be exercised by written notice signed by an officer of the Company and delivered or mailed as provided in Section 14 hereof. The Repurchase Price or and the First Refusal Price, as the case may be, Price shall be payable, at the option of the Company, in cancellation of all or a portion of any outstanding indebtedness of Purchaser to the Company or in cash (by check) or both.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Dyax Corp)

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