Repurchase Trigger Event definition

Repurchase Trigger Event means (a) the failure of the Company to perform its obligations under or in respect of Section 2.01 (IFC Observer), Section 3.01 (General Reporting Covenants), Section 3.02 (IFC Policy Reporting Covenants), Section 3.03 (IFC Policy Covenants), Section 3.04(a) (Other Affirmative Covenants), or Section 3.05 (Restricted Transfers) of this Agreement, and such failure is incapable of remedy (in the reasonable opinion of IFC) or, where such failure is capable of remedy (in the reasonable opinion of IFC), it has not been remedied within sixty (60) days following notice of such failure from IFC; or (b) the failure of a representation made by the Company in Section 2.14 (Environmental and Safety Laws), Section 2.37 (Sanctionable Practices), Section 2.38 (UN Security Council Resolutions) or Section 2.39 (Criminal Offenses) of the Subscription Agreement to be true and correct on and as of the Closing Date;
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Repurchase Trigger Event means the failure of ▇▇▇▇▇▇▇▇▇ Financial BDC, Inc., an Affiliate of the Seller to close an initial public offering of shares of common stock (the “BDC IPO”) within [seven] Business Days after the date of this Agreement.
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Repurchase Trigger Event means the applicable dos S▇▇▇▇▇ Trigger Event as pertains to C▇▇▇▇ dos S▇▇▇▇▇, ▇▇▇▇▇ Trigger Event as pertains to B▇▇▇▇▇▇▇ ▇▇▇▇▇ and/or Linden Trigger Event as pertains to L▇▇ ▇▇▇▇▇▇, as the case may be.
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Examples of Repurchase Trigger Event in a sentence

  • Each of C▇▇▇▇ dos S▇▇▇▇▇, B▇▇▇▇▇▇▇ ▇▇▇▇▇ or L▇▇ ▇▇▇▇▇▇ (provided such individual is not the Applicable Holder) shall, upon the date of the occurrence of such applicable Repurchase Trigger Event, have an irrevocable, exclusive first option (the “Repurchase Option”) to repurchase any Group Shares which have not yet been released from the Repurchase Option (the “Unreleased Shares”), at a price per share equal to the Repurchase Price.

  • Upon the occurrence of any Repurchase Trigger Event (as defined in subsection (ii), below), and upon the Company’s subsequent, timely election to exercise this option, the Purchaser shall sell to the Company, and the Company shall repurchase from the Purchaser, all, but not less than all, of the Restricted Shares under the terms and subject to the conditions set forth in this subsection 3(b) (the “Repurchase Option”).

  • In the event that either of C▇▇▇▇ dos S▇▇▇▇▇, B▇▇▇▇▇▇▇ ▇▇▇▇▇ or L▇▇ ▇▇▇▇▇▇ is the subject of an applicable Repurchase Trigger Event, then such Key Holder (the “Applicable Holder”) must within two business days of such occurrence deliver a notice to each other Key Holder of the occurrence of such Repurchase Trigger Event and notifying the Key Holders of the Repurchase Option (as defined below) (the “Notice”).

  • From the date of disclosure in writing from the Investor or the date of occurrence of a Repurchase Trigger Event (whichever is earlier) to the date on which Sinovac HK completes its repurchase of the equity interest held by such Investor in the Company, such Investor shall have no shareholder’s rights (including, without limitation, the Pre-emptive Right, the Right of First Refusal, the information rights, the right to nominate directors and shareholders’ voting rights hereunder).


More Definitions of Repurchase Trigger Event

Repurchase Trigger Event has the meaning set forth in Section 4.7.
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