Restriction on Stock Repurchases. So long as the Borrower shall have any obligation under this Note, the Borrower shall not without the Holder’s written consent redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Borrower or any warrants, rights or options to purchase or acquire any such shares.
Restriction on Stock Repurchases. So long as the Borrower shall have any obligation under this Note, without the written consent of a majority of the Holders of the then-outstanding Secured Notes, the Borrower shall not redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Borrower or any warrants, rights or options to purchase or acquire any such shares. Notwithstanding anything herein to the contrary, the Borrower may repurchase up to 100,000 shares of its capital stock without the written consent of a majority of the Holders of the then-outstanding Secured Notes.
Restriction on Stock Repurchases. During the period commencing from the date on which the Registration Statement shall have been declared effective and until the date that the Registration Statement shall have been effective for 60 consecutive days, neither the Company nor any subsidiary of the Company shall redeem, repurchase (other than pursuant to a Tender Offer, as defined in Section 3.1, which shall be governed by Section 3.1) or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Company or any subsidiary of the Company unless such purchase, redemption or repurchase would not be in violation of Rule 10b-6 under the 1934 Act and such purchase, redemption or repurchase would not, by reason of Rule 10b-6 under the 1934 Act, prevent the Holder from selling its Registrable Securities (as defined in the Registration Statement) under the Registration Statement.
Restriction on Stock Repurchases. So long as the Company shall have any obligation under this Debenture, the Company shall not without the written consent of holders of at least a majority of the then-outstanding principal amount of Debentures issued pursuant to the Purchase Agreement redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Company or any warrants, rights or options to purchase or acquire any such shares.
Restriction on Stock Repurchases. So long as the Corporation shall have any obligation under this Debenture, the Corporation shall not, without the Holder's written consent redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Corporation or any warrants, rights or options to purchase or acquire any such shares.
Restriction on Stock Repurchases. So long as this Debenture is outstanding, neither the Borrower nor any subsidiary of the Borrower shall redeem, repurchase (other than pursuant to a Tender Offer, as defined in Section 2.1, which shall be governed by Section 2.1) or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Borrower or any subsidiary of the Borrower or any warrants, rights or options to purchase or acquire any such shares.
Restriction on Stock Repurchases. So long as any of the Shares remain outstanding, the Company shall not, without each Purchaser’s prior written consent, redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Company or any warrants, rights or options to purchase or acquire any such shares. Notwithstanding the foregoing, the Company shall be permitted to effect the following without the consent of the Purchasers (i) dividends or other distributions payable on the Common Stock solely in the form of additional shares of Common Stock, (ii) repurchases of stock from former employees, officers, directors, consultants or other persons who performed services for the Company or any subsidiary in connection with the cessation of such employment or service at no greater than the original purchase price thereof, and (iii) redeem shares of Series A Preferred Stock of the Company for shares of Common Stock and redemptions of the Series B Preferred Stock in accordance with the Certificate of Designations.
Restriction on Stock Repurchases. So long as the Maker shall have any obligation under this Note, the Maker shall not without the Holder’s written consent redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or Secured Convertible Promissory Note Exhibit 10 Execution Copy otherwise) in any one transaction or series of related transactions any shares of capital stock of the Maker or any warrants, rights or options to purchase or acquire any such shares.
Restriction on Stock Repurchases. So long as the Borrower shall have any obligation under this Debenture, the Borrower shall not, without the Holder's written consent, redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Borrower or any warrants, rights or options to purchase or acquire any such shares, except for any such repurchases made by the Borrower in connection with the termination of employment of any of its employees, PROVIDED that such repurchases are (i) made at no greater than the Market Price of such shares of capital stock and (ii) approved by a majority of the Borrower's disinterested directors.
Restriction on Stock Repurchases. The Company hereby agrees that, from and after the date hereof and so long as any Notes remain outstanding, the Company shall not, without the Purchaser’s written consent, redeem, repurchase or otherwise acquire (whether for cash or in exchange for property or other securities or otherwise) in any one transaction or series of related transactions any shares of capital stock of the Company or any warrants, rights or options to purchase or acquire any such shares, except that the Company shall be authorized to and shall be able to repurchase the outstanding Series A Convertible Preferred Stock without prior notice to or approval of the Purchaser.
