Repurchase Consideration definition

Repurchase Consideration has the meaning set forth in Section 5.8(e).

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Repurchase Consideration means, with respect to the Existing Notes of any Selling Investor to be repurchased in the Repurchase, cash in an amount equal to the sum of (x) $[ ], which represents [ ]% of the principal amount of such Existing Notes; and (y) accrued interest on such Existing Notes from, and including, January 15, 2023 to, but excluding, the Closing Date, calculated in accordance with the Existing Indenture. For the avoidance of doubt, all other investors executing purchase agreements in similar transactions shall receive an amount equal to [ ]% of the principal amount of any Existing Notes sold by them.

Repurchase Consideration shall have the meaning set forth in Section 13.

Examples of Repurchase Consideration in a sentence

Upon the effective date of such repurchase, the Corporation shall pay to Purchaser in cash the Repurchase Consideration.
Appropriate adjustments to reflect the distribution of such securities or property shall be made to the number of Shares hereunder and to the price per share to be paid upon the exercise of the Repurchase Right in order to reflect the effect of any such transaction upon the Corporation’s capital structure; provided however, that the Repurchase Consideration shall remain the same.
Notwithstanding anything in this Section 8 to the contrary, the payment of the Repurchase Consideration to the Holder shall be subject to the limitation set forth in Section 9 of this Agreement.
On the closing date, the Issuer shall pay the Issuer Repurchase Consideration to the Grantee in immediately available funds, and the Grantee shall thereupon surrender to the Issuer the certificate or certificates evidencing the shares of Issuer Common Stock repurchased by the Issuer pursuant to this Section 5.1(d).
In any such case, the ten (10) business day period of time that would otherwise run pursuant to Section 3(b)(i) for the payment of the portion of the Section 3 Repurchase Consideration shall run instead from the date on which, as the case may be, any required notification period has expired or been terminated or such approval has been obtained and, in either event, any requisite waiting period shall have passed.

More Definitions of Repurchase Consideration

Repurchase Consideration means, with respect to any portion or all of the Repurchase Shares the Company is purchasing as of any Repurchase Time, the sum of Repurchase Principal plus the Repurchase Interest, both as of such Repurchase Time.

Repurchase Consideration means, with respect to the Existing Notes of any Selling Holder to be repurchased in the Repurchase, cash in an amount equal to the sum of (x) $950 per $1,000 principal amount of Existing Notes, which represents 95% of the principal amount of such Existing Notes; and (y) accrued interest on such Existing Notes from, and including, March 1, 2023 to, but excluding, the Closing Date, calculated in accordance with the Existing Indenture. “SEC” means the Securities and Exchange Commission. “Selling Holder” has the meaning set forth in the first paragraph of this Repurchase Agreement.

Repurchase Consideration means an amount equal to the sum of the:

Repurchase Consideration has the meaning ascribed thereto in clause 11.1 below;

Repurchase Consideration the nominal consideration for the repurchase of the Leased Assets after the Lease Term pursuant to the Finance Lease Agreement

Repurchase Consideration means an amount of R2.36 (two rand and thirty six cents) per Repurchase Share, being an aggregate amount of R473,954,694 (four hundred and seventy three million nine hundred and fifty four thousand six hundred and ninety four rand) in respect of all of the Repurchase Shares held by the Seller;

Repurchase Consideration has the meaning specified in the Payoff Letter.