Examples of Xxxxx Purchase Agreement in a sentence
If the closing of the transactions contemplated by the XXXXX Purchase Agreement fails to occur for any reason within one (1) Business Day after the Closing, then on the second Business Day after Closing the Company shall repurchase all of the Purchased Shares previously issued and sold to each Purchaser pursuant to Section 2.01(b) for the same purchase price paid by each Purchaser pursuant to Section 2.01(c).
The Company shall use the proceeds of the offering of the Purchased Shares, to acquire assets as contemplated by the XXXXX Purchase Agreement or to repay indebtedness incurred for such purpose, and for general Company purposes.
The Company is not prohibited by Law or Contract (including under its existing debt arrangements or the debt arrangements contemplated by the Debt Commitment Letter) from repurchasing all the Purchased Shares if the closing of the transactions contemplated by the XXXXX Purchase Agreement fails to occur for any reason within one (1) Business Day after the Closing, as contemplated by Section 2.08.