Repurchase Eligibility Date definition
Examples of Repurchase Eligibility Date in a sentence
The Repurchase Price shall be calculated as of the last day of the month preceding the later of (i) the month in which the event giving rise to the repurchase occurs and (ii) the month in which the Repurchase Eligibility Date occurs (hereinafter called the “Repurchase Calculation Date”); provided, however, for the purpose of the calculation of the Section 5(a) Repurchase Price, the Repurchase Calculation Date shall be the last day of the month preceding the month in which the Redemption Notice is served.
The Repurchase Price shall be calculated as of the last day of the month preceding the later of (i) the month in which the event giving rise to the repurchase occurs and (ii) the month in which the Repurchase Eligibility Date occurs (hereinafter called the "REPURCHASE CALCULATION DATE").
The Repurchase Price shall be calculated as of the last day of the month preceding the later of (i) the month in which the event giving rise to the repurchase occurs and (ii) the month in which the Repurchase Eligibility Date occurs (hereinafter called the "Repurchase Calculation Date"); provided, however, for the purpose of the calculation of the Section 5(a) Repurchase Price, the Repurchase Calculation Date shall be the last day of the month preceding the month in which the Redemption Notice is served.
On the Repurchase Eligibility Date, the Company shall purchase the number of Shares specified in the Put Notice at the price referred to in Section 5(a), plus interest accrued on such amounts at the Prime Rate from the Put Closing Date to (but not including) the Repurchase Eligibility Date.