Permitted Share Repurchases definition

Permitted Share Repurchases means a purchase by the Company of its common stock made on the open market for immediate retirement, on terms acceptable to the Administrative Agent and in compliance with applicable regulations, each of which purchase shall be subject to the limitations set forth in Section 7.06(c).
Permitted Share Repurchases means the repurchase of shares of the Borrower and the payment of dividends from time to time during the first 18 months following the Closing Date in an aggregate amount of up to $100,000,000.
Permitted Share Repurchases means any Share Repurchase made by the Borrower, so long as (a) no Event of Default exists immediately prior to and after giving effect thereto and (b) the aggregate amount of all such Share Repurchases shall not exceed $40,000,000 in any fiscal year of the Borrower.

Examples of Permitted Share Repurchases in a sentence

  • Use the proceeds of the Loans (i) to repay in full all amounts in respect of the Existing Credit Agreement and (ii) for general corporate purposes not in contravention of any Law or of any Loan Document, including, without limitation, Permitted Acquisitions, Permitted Business Acquisitions, Permitted Share Repurchases, Permitted Note Repurchases and Redemptions and working capital purposes.

  • Use the proceeds of the Credit Extensions (a) for working capital, capital expenditures and other general corporate purposes not in contravention of any Law or of any Loan Document (including the payment of any amounts owing under the Existing Credit Agreement) and (b) to finance (i) Permitted Share Repurchases, (ii) Permitted Acquisitions and (iii) cash dividends and distributions permitted hereunder.

  • Metacognitive Interpersonal Therapy for Personality Disorders Featuring Emotional Inhibition: A Multiple Baseline Case Series.

  • Use the proceeds of the Credit Extensions (a) to refinance that certain Credit Agreement dated as of April 1, 2016 among the Borrower, Armstrong Hardwood Flooring Company, the Subsidiaries of the Borrower thereto and the Administrative Agent, (b) finance in part Permitted Share Repurchases and (c) for general corporate purposes not in contravention of any Law or of any Loan Document.

  • Use the proceeds of the Credit Extensions (ai) for working capital, capital expenditures and other general corporate purposes not in contravention of any Law or of any Loan Document (including the payment of any amounts owing under the Existing Credit Agreement) and (bii) to finance (iA) Permitted Share Repurchases, (iiB) Permitted Acquisitions and (iiiC) cash dividends and distributions permitted hereunder.


More Definitions of Permitted Share Repurchases

Permitted Share Repurchases means repurchases of shares of common stock of the Borrower in a purchase price not to exceed the lesser of (i) $100,000,000 and (ii) $350,000,000 minus the purchase price for all Permitted Note Repurchases consummated prior to the date of determination; provided that not more than $50,000,000 of such repurchases may be made prior to December 31, 2010.
Permitted Share Repurchases means distributions by Parent on account of repurchases of Equity Interests of Parent, or any direct or indirect parent of Parent, so long as (a) for the thirty (30) days immediately preceding the date of any such repurchase and after giving effect thereto, Borrowers have Average Excess Availability of not less than $30,000,000, and (b) no Default or Event of Default shall have occurred or be continuing on the date of any such repurchase and after giving effect thereto; provided, that, Parent may make such repurchases in an amount not to exceed $7,000,000 in any calendar year if (i) for the thirty
Permitted Share Repurchases means the repurchase of shares of the Borrower and the payment of dividends from time to time during the first 18 months following the Closing Date in an aggregate amount of up to $100,000,000 so long as the Payment Conditions are satisfied; provided that, in no event shall any Permitted Share Repurchases occur on or afterduring the period from the First Amendment Effectiveness Date until the Consolidated Fixed Charge Coverage Ratio Stabilization Date.
Permitted Share Repurchases means repurchases of shares of common stock of the Borrower in a purchase price not to exceed the lesser of (i) $100,000,000 and (ii)(A)(x) if the loans and other obligations under the First Priority Credit Agreement have been paid in full and the commitments thereunder have been terminated, $750,000,000 and (y) if otherwise, $350,000,000 minus (B) the purchase price for all Permitted Note Repurchases consummated prior to the date of determination; provided that not more than $50,000,000 of such repurchases may be made prior to December 31, 2010.
Permitted Share Repurchases means the repurchase of shares of the Borrower and the payment of dividends from time to time during the first 18 months following the Closing Date in an aggregate amount of up to $100,000,000.100,000,000; provided that, in no event shall any Permitted Share Repurchases occur on or after the First Amendment Effectiveness Date.
Permitted Share Repurchases has the meaning specified in Section 7.06.
Permitted Share Repurchases in Section 1.1 of the Credit Agreement is hereby amended to read in its entirety as follows: