Repurchase Pool definition

Repurchase Pool means a pool of shares of Stock allocated under the Plan pursuant to Section 4(d) hereof.
Repurchase Pool. An amount equal to up to two percent of the gross proceeds of the offering, which will be available for use by the Partnership, in the sole discretion of the General Partner, to repurchase a limited number of Interests at negotiated prices.

Examples of Repurchase Pool in a sentence

  • Following the Closing, if, pursuant Section 6(c), the Company repurchases (i) any shares of Stock acquired upon exercise of any Option, or (ii) any vested Option, such shares of Stock repurchased, or the shares of Stock underlying the Option repurchased, as applicable, shall be allocated to the Repurchase Pool, and again become available for issuance under the Plan as a Repurchase Option.

  • On the other hand, they contribute to the care of the elderly as higher participation in paid work by all family members makes it more difficult to care for them.4 For these reasons, immigrant women find jobs more easily than men, at relatively low wages for the receiving country but high enough to provide an incentive to migrate.

  • Following the Effective Time, if, pursuant the Management Stockholders’ Agreement, the Company repurchases (i) any shares of Stock acquired upon exercise of any Option, or (ii) any vested Option, such shares of Stock repurchased, or the shares of Stock underlying the Option repurchased, as applicable, shall be allocated to the Repurchase Pool, and again become available for issuance under the Plan as a Repurchase Option.

  • Based on the assumptions above, these expenses, as well as the estimated Realisation Costs incurred in disposing of the assets in the Repurchase Pool established for purposes of the Tender Offer, will be charged against the Repurchase Pool and would represent approximately 1.2 per cent.

  • The recruiting driver must be identified by a procedure that is established by the Director of Transportation.

  • Subject to the provisions of this article 10, each holder of shares having rights over a Pool (other than the Repurchase Pool) shall be entitled as set out in these articles to convert all or any of his/her shares into shares having rights over the Managed Cash, Managed Growth or Managed Income Pools).

  • In all cases, as required by the Central Bank of Ireland, asset allocation will be subject to the approval of the Board and the Custodian.An initial cash payment (if available) in the currency of denomination of the Repurchase Pool Shares will be made on a pro rata basis to Exiting Shareholders following the closing of the Repurchase Offer with further cash payments to be made, at the discretion of the Directors, as assets in the Repurchase Pool are realised.

  • The holders of the Repurchase Shares shall have the right to receive the profits of the Company (including accumulated revenue reserves) attributable to the Repurchase Pool and available for distribution and determined to be distributed by way of interim or final dividend at such times as the Board may determine.

  • Such amounts set aside at the reasonable discretion of the General Partner to pay for repairs, maintenance, improvements, or contingent or unforeseen liabilities or obliga- tions which the General Partner deems necessary or appropriate for the operation and protection of the Partnership, including amounts allocated to the Repurchase Pool.

  • As the general pool of assets comprising the Company (the “General Pool”) is expected to consist of cash as well as investments in CLOs, the assets allocated to the Repurchase Pool will include a cash element as well as a share of the non-cash assets held.

Related to Repurchase Pool

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Repurchase Proceeds the Repurchase Price in connection with any repurchase of a Mortgage Loan by the Seller and any cash deposit in connection with the substitution of a Mortgage Loan.

  • Repurchase Price means, with respect to any Loan the Book Value, adjusted to reflect changes to Book Value after Bank Closing, plus (i) any advances and interest on such Loan after Bank Closing, minus (ii) the total of amounts received by the Assuming Bank for such Loan, regardless of how applied, after Bank Closing, plus (iii) advances made by Assuming Bank, plus (iv) total disbursements of principal made by Receiver that are not included in the Book Value.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Repurchased Loan has the meaning set forth in Section 2.3(a).

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • Repurchase Assets has the meaning assigned thereto in Section 8 hereof.

  • Repurchase Date has the meaning specified in Section 14.1.

  • Repurchase Event means the occurrence of a breach of any of the Seller’s representations and warranties in Section 3.1(a) or any other event which requires the repurchase of a Receivable by the Seller, under the Sale and Servicing Agreement.

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City (a "Primary Treasury Dealer") to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to the sum of (i) the Aggregate Principal Balance of all Collateral Obligations sold and/or contributed to the Buyer by the Seller (directly or indirectly) hereunder prior to such date plus (ii) the Aggregate Principal Balance of all Collateral Obligations acquired by the Buyer other than from the Seller prior to such date, in each case calculated as of the date of the Buyer’s acquisition thereof.

  • Repurchase As defined in Section 2.03(a) of this Agreement.

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Delinquent Loan A Mortgage Loan that is delinquent at least sixty (60) days in respect of its Monthly Payments or Balloon Payment, if any, in either case such delinquency to be determined without giving effect to any Grace Period.

  • Optional Purchase Percentage means 5%.

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Repurchase Request Withdrawal As defined in Section 2.03(a) of this Agreement.

  • Interest Transfer Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month's interest on the applicable Principal Transfer Amount at the weighted average Certificate Interest Rate of the applicable Undercollateralized Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • 60+ Day Delinquent Loan Each Mortgage Loan (including each Mortgage Loan in foreclosure and each Mortgage Loan for which the Mortgagor has filed for bankruptcy after the Closing Date) with respect to which any portion of a Monthly Payment is, as of the last day of the prior Collection Period, two months or more past due and each Mortgage Loan relating to an REO Property.

  • Repurchase Request As defined in Section 2.03(g).

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.