Repurchase Shares definition

Repurchase Shares means that number of shares of Common Stock equal to the quotient of the Repurchase Amount divided by the Option Per Share Price, such number to be rounded upwards to the nearest whole number.

Repurchase Shares has the meaning specified in Section 2.3(a).

Repurchase Shares means (i) the Vesting Shares and (ii) any equity securities issued or issuable directly or indirectly with respect to any of the securities referred to in clause (i) above by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization. Such stock shall continue to be Repurchase Shares in the hands of any holder (except for the Company, the Investors and transferees in a Public Sale consummated in accordance with the Investor Rights Agreement), and except as otherwise provided herein, each such other holder of Repurchase Shares shall succeed to all rights and obligations attributable to Executive as a holder of Repurchase Shares hereunder. Repurchase Shares shall include both Vested and Unvested Repurchase Shares and shall include interests in the Company issued with respect to Repurchase Shares including, without limitation, by way of any recapitalization.

Examples of Repurchase Shares in a sentence

• The obligations of the Companies to purchase the Repurchase Shares at the Closing are subject to the fulfillment on or prior to the Closing of the condition that the Secondary Offering shall have been consummated in accordance with the terms and conditions of any underwriting or purchase agreement entered into in connection therewith.

• The Repurchase Notice shall set forth the number of Option Shares to be repurchased (the "Repurchase Shares"), the Fair Market Value per share (determined in accordance with Section 17(b) below as of the date of the Repurchase Notice) of the Repurchase Shares and the date (the "Repurchase Date") on which such Repurchase Shares are to be repurchased by the Company (such date not to be more than 120 nor less than 30 days after the date of the Repurchase Notice).

• Upon timely exercise of the Repurchase Right in the manner provided in this Section 17(a), the Holder shall deliver to the Company the stock certificate or certificates representing the Repurchase Shares, duly endorsed and free and clear of any and all liens, charges and encumbrances.

• The Selling Stockholder has good and valid title to the Repurchase Shares to be sold at the Closing Date by the Selling Stockholder, free and clear of all liens, encumbrances, equities or adverse claims.

• The obligations of the Company to purchase the Repurchase Shares at the Closing are subject to the fulfillment on or prior to the Closing of the condition that the Secondary Offering shall have been consummated in accordance with the terms and conditions of any underwriting or purchase agreement entered into in connection therewith.

More Definitions of Repurchase Shares

Repurchase Shares means 1,500,000 shares of Common Stock.

Repurchase Shares means, collectively, the Initial Repurchase Shares and the Additional Repurchase Shares.

Repurchase Shares means the IFC Shares to be redeemed by IFC as specified in the Repurchase Notice, which shall be 100% of the IFC Shares as of the date of such Repurchase Notice.

Repurchase Shares has the meaning given to such term in Section 4.5.

Repurchase Shares means the number of shares of Common Stock (rounded down to the nearest whole number, if applicable) to be sold by the Seller and to be purchased by the Company hereunder, as determined in accordance with Section 2.1.

Repurchase Shares means all shares of Berkshire Hathaway Stock sold to CLF by Sub 1 pursuant to Section 2.3 hereof (whether pursuant to Section 2.3(c)(i) or 2.3(c)(vii)).

Repurchase Shares means the Managed Cash Shares which are reclassified as Repurchase Shares in accordance with article 11, and having repurchase rights in the share capital of the Company;