Permitted Redemptions definition

Permitted Redemptions means the Redemption by PPT and Borrower of Stock issued by PPT or Borrower not to exceed $250,000,000 in the aggregate during the term of this Agreement, provided that no Default exists or would result from such Redemption.

Permitted Redemptions means all voluntary prepayments, purchases, repurchases and redemptions of the Company’s Common Stock or Senior Notes made by the Company pursuant to Section 11.4(vi).

Permitted Redemptions to read in their entireties as follows:

Examples of Permitted Redemptions in a sentence

• The Regulation and any related sub-delegation are ultra Vires the Criminal Code or the Constitution Act, 1982 and are otherwise unlawful and unreasonable for the following reasons.

• As of any date, the Tangible Net Worth to be less than (a) $1,000,000,000, plus (b) eighty percent (80%) of the amount of Net Proceeds of any Equity Issuances subsequent to the Closing Date, minus (c) eighty percent (80%) of the amount of any Permitted Redemptions subsequent to the Closing Date.

• All Permitted Redemptions made with respect to Acquisition Notes that are issued on a Closing Date shall be made on a pro rata basis with respect to the outstanding Acquisition Notes issued on any such Closing Date.

• An annual licence fee of $700 is due on the date of licence issue.

• Subject to the terms and conditions hereof, the proceeds of Revolving Loan Advances and Swingline Advances shall be used solely (i) for working capital, (ii) for Capital Expenditures, (iii) for Permitted Acquisitions, (iv) for Permitted Redemptions, (v) for general corporate purposes, and (vi) as the source for payment of Borrower’s reimbursement obligations with respect to Letters of Credit, except that the proceeds of Revolving Loan Advances may also be used to refinance existing Indebtedness.

More Definitions of Permitted Redemptions

Permitted Redemptions means repurchase and redemption of shares of stock of PLI, provided that: (a) no Default or Event of Default has occurred and continued at the time of such repurchase and redemption; and (b) the aggregate purchase price of all shares repurchased or redeemed shall not exceed $1,000,000 from June 30, 2005 through the Maturity Date, if (i) such repurchase and redemption is conducted in accordance with the redemption program approved by the Board of Directors of PLI; and (ii) proceeds of the Advances hereunder shall not be used to fund any of such repurchase and redemption.

Permitted Redemptions means the Redemption by the Trust of its Stock and the Redemption by the Partnership of its Stock for aggregate cash in an amount not to exceed in any calendar year the lesser of (a) ninety percent (90%) of Adjusted FFO, and (b) one hundred percent (100%) of Adjusted CAD.

Permitted Redemptions means (i) Borrower’s purchase of One Hundred and One Thousand Four Hundred and Eleven (101,411) shares of Xxxxxxxxx Stock on a future date chosen by Borrower, provided that (A) the Borrower shall have provided written notice to the Lender no less than five (5) Business Days prior to the proposed purchase of Borrower’s intent to purchase such Xxxxxxxxx Stock, (B) the Lender consents, in its sole discretion, in writing, and (C) on the date of such purchase (1) no Event of Default exists, (2) payment of the purchase price for such Xxxxxxxxx Stock will not result in an Event of Default and (3) payment of the purchase price of such Xxxxxxxxx Stock will not have a Material Adverse Effect, and (ii) an aggregate of Two Hundred and Ninety-Five Thousand Dollars ($295,000) in redemptions, fees and payments by the Borrower to Investors under the Securities Purchase Agreement, provided that (A) the Borrower shall have provided written notice to the Lender no less than ten (10) Business Days prior to the proposed payments, (B) the Lender consents, in writing, which written consent shall not be unreasonably withheld, conditioned or delayed if on the date of such purchase (1) no Event of Default exists, (2) such payment will not result in an Event of Default and (3) such payment will not have a Material Adverse Effect.

Permitted Redemptions. Redemptions, prepayments, repayments, and purchases at a discount of any of the following: the Bonds; the debentures initially issued by Xxxxx Shoe, Inc.; and X. Xxxxx'x notes initially placed by DLJ.

Permitted Redemptions means an aggregate total of Three Hundred and Twenty-Five Thousand Dollars ($325,000) in redemptions, fees and payments by the Borrower to Investors under the Securities Purchase Agreement.

Permitted Redemptions means the Redemption by ProLogis of its (a) Series A Preferred Stock, (b) Series E Preferred Stock, and (c) common Stock provided that the aggregate amount of common Stock redeemed shall not exceed $100,000,000 in the aggregate during the term of this Agreement.

Permitted Redemptions means the redemption or purchase, in one (1) or more transactions, by Borrower of Company Voting Stock between the Closing Date and December 31, 2001 in an amount not to exceed $75,000,000 in the aggregate for all such transactions.