Examples of Repurchased Securities in a sentence
The Repurchased Securities are being acquired by the Company for its own account and without a view to the public distribution or sale of the Repurchased Securities.
Subject to, and on the terms and conditions of, this Agreement, effective at the Closing, the Company will purchase from the Seller, and the Seller will sell, transfer, convey, assign and deliver to the Company, the Repurchased Securities, free and clear of all Liens.
Except for the prior written approval of the National Credit Union Administration for the Company to purchase the Repurchased Securities from the Seller, no consents or approvals of, or filings or registrations with, any Governmental Entity or of or with any other third party by and on behalf of the Company are necessary in connection with the execution and delivery by the Company of this Agreement and the consummation by the Company of the transactions contemplated hereby.
Except for the prior written approval of the Board of Governors of the Federal Reserve System for the Company to purchase the Repurchased Securities from the Seller, no consents or approvals of, or filings or registrations with, any Governmental Entity or of or with any other third party by and on behalf of the Company are necessary in connection with the execution and delivery by the Company of this Agreement and the consummation by the Company of the transactions contemplated hereby.
If Mercer elects to convert the Repurchased Securities in accordance with Note Condition9(c), the Repurchase Notice issued by the Company is automatically amended to reduce the Repurchased Securities by the number of Noteholder Further Conversion Securities.
The representations, warranties and covenants set forth herein shall survive the execution and delivery hereof, the Effective Date and the transfer of the Repurchased Securities pursuant hereto.
Upon delivery of the Repurchase Notice and the Repurchase Price, the Warrants so repurchased and all rights and interests therein or relating thereto shall be deemed cancelled and the Company shall have the right to retain and transfer to its own name the Repurchased Securities.
If the Company delivers a Repurchase Notice to Mercer in accordance with Note Condition9(a), the Repurchase Notice must specify how many Convertible Notes the Company has elected to repurchase ( Repurchased Securities) and the repurchaseprice as determined by multiplying the Face Value of the repurchased Convertible Notes by 1.03.
The Repurchase Notice shall provide (i) that the Company is exercising its Repurchase Option in connection with this Agreement; (ii) the number of Warrants the Company is repurchasing and (iii) the aggregate Repurchase Price to be paid for the Repurchased Securities.
Repurchased Securities may be cancelled, held, resold or otherwise disposed of.