Share Repurchases definition
Share Repurchases means the purchase and cancellation by the Borrower of up to $75,000,000 of its shares of common stock pursuant to the Share Repurchase Program.
Share Repurchases means purchases by the Parent of its issued and outstanding Equity Interests.
Share Repurchases shall have the meaning given such term in the IRS Ruling.
Examples of Share Repurchases in a sentence
The Borrowers shall use the proceeds of Accommodations under the Credit Facility: (i) to refinance existing indebtedness, (ii) for general corporate purposes, including, but not limited to, financing working capital requirements, and (iii) to finance Share Repurchases (in accordance with the terms of this Agreement), Capital Expenditures and Permitted Acquisitions.
More Definitions of Share Repurchases
Share Repurchases means, with respect to any Person, to directly or indirectly redeem, purchase, retire or otherwise acquire for value any of the Equity Interests of such Person or set aside any amount for any such purpose (other than through the issuance of additional Equity Interests (other than Disqualified Stock) of the Person redeeming, purchasing, retiring or acquiring such shares).
Share Repurchases means a transaction or series of transactions whereby Parent repurchases Stock of Parent, (i) from IMS Health Incorporated (the “IMS Share Repurchase”), so long as: (1) the aggregate amount of consideration paid for the IMS Repurchase does not to exceed $82,000,000, (2) at least $40,500,000 of the cash to be used towards the repurchase of Parent’s shares held by IMS Health shall have been provided by ValueAct; (3) the aggregate amount of cash consideration paid by Parent from its own funds does not exceed $40,500,000, (4) Parent delivers at least 6,000,000 of its shares to ValueAct immediately after the consummation of the IMS Share Repurchase, and (5) no Default or Event of Default shall have occurred and be continuing or would result from IMS Repurchase; or (ii) pursuant to Parent’s Stock repurchase plan approved by the Board of Directors (the “Plan Share Repurchases”), as long as: (w) no Plan Share Repurchases are made during the 2005 calendar year, (x) no Default or Event of Default shall have occurred and be continuing either before or after giving effect to a Plan Share Repurchase, (y) both before and after giving effect to any Plan Share Repurchase, Borrowers would have Liquidity in excess of $30,000,000 and (z) the aggregate amount of consideration paid for such Plan Share Repurchases shall not exceed $5,000,000; and (iii) pursuant to repurchase rights exercisable in connection with the termination of service of any service provider to any Borrower (the “Other Share Repurchases”), provided: (y) no Default or Event of Default shall have occurred and be continuing or would result from any Other Share Repurchase and (z) the aggregate amount of consideration paid for such Other Share Repurchase shall not exceed $500,000 in any one fiscal year.
Share Repurchases means the purchase of shares of any class of stock, option, right or other equity interest, whether voting or non-voting of MCRI by MCRI.
Share Repurchases has the meaning set forth in Section 7.07(e).
Share Repurchases means the aggregate amount of Cash, the principal amount of any promissory note or other consideration paid by Maritrans for the purchase by Maritrans of outstanding shares of Maritrans' capital stock.
Share Repurchases means purchases by the Borrower of common stock of the Borrower pursuant to one or more share repurchase plans announced by the board of directors of the Borrower from time to time.
Share Repurchases means purchases by Tucows Inc. of its issued and outstanding common shares.