Company's Right to Purchase Sample Clauses

Company's Right to Purchase. For a period of fifteen (15) days following receipt of any Series A Notice described in Section 7.2, the Company shall have the right to purchase all or a portion of the Shares subject to such Series A Notice on the same terms and conditions as set forth therein. The Company's purchase right shall be exercised by written notice signed by an officer of the Company and delivered to the selling Series A Holder with a check for payment for the Shares being purchased.
AutoNDA by SimpleDocs
Company's Right to Purchase. (a) In the event of any Termination of Employment (i) by the Company without Cause, (ii) due to resignation by the Purchaser with Good Reason or (iii) due to the Purchaser's Retirement, the Company shall have the right to purchase, and the Purchaser and his Transferees (hereinafter referred to as the "Purchaser's Group") shall be required upon exercise of such right to sell to the Company (or its designee), a number of shares of the Class B Common Stock or Class C Common Stock, as the case may be, and the Option Shares equal to the total number of shares of the Class B Common Stock and the Option Shares held by the Purchaser's Group times the Put/Call Percentage in effect as of the date of Termination of Employment at a per share price equal to the FMV per Share as of the date of such Termination of Employment.
Company's Right to Purchase. (a) In the event of any Termination of Employment (i) by the Company without Cause, (ii) due to resignation by the Optionee with Good Reason or (iii) due to the Optionee's Retirement, the Company (or its designee) shall have the right to purchase and cancel, and the Optionee shall be required upon exercise of such right to sell to the Company (or its designee), all of the exercisable Options held by Optionee for an amount equal to the product of (A) the total number of shares of Class A Common Stock subject to exercisable Options held by the Optionee and (B) the Put/Call Percentage as of the date of Termination of Employment, at a price per share equal to the FMV per Share as of the date of such Termination of Employment less the Exercise Price.
Company's Right to Purchase. At any time on and after the third anniversary date of the Initial Issuance Date, the Company shall have the right (the “Call Right”), but not the obligation, to cause the Holder to sell all of its remaining unexercised portion of this Warrant to the Company at the Call Purchase Price (defined below). If the Company desires to exercise its Call Right, the Company shall deliver to the Holder by email and either first class mail or overnight delivery service a written, unconditional and irrevocable notice (the “Call Exercise Notice”) exercising the Call Right to the address of the Holder in the Warrant Register. Unless this Warrant has been fully exercised prior to such date, the purchase and sale of the Call Right shall close twenty (20) Trading Days after the date the Call Exercise Notice is sent to the Holder, and on such closing date the Company shall pay the purchase price to the Holder in immediately available funds by wire or other electronic funds transfer in accordance with instructions provided by the Holder at least three Trading Days prior to the closing date, or if no such instructions are provided, by check sent on the closing date by overnight delivery to the Holder’s then current address set forth in the Warrant Register (as defined below). The purchase price for the Warrant Shares pursuant to the Call Right shall be the average VWAP for the twenty (20) consecutive Trading Days prior to the date of the Call Exercise Notice less the Exercise Price. Notwithstanding the foregoing, the Call Right can only be exercised if the Common Shares’ average VWAP for the twenty (20) consecutive Trading Days prior to the date of the Call Exercise Notice is equal to or greater than three (3) times the Exercise Price.
Company's Right to Purchase. (i) If, within ten (10) business days following the receipt by the Company of a Registration Notice, the Company notifies the Holders of its good faith intention to purchase such Registrable Securities in accordance with the terms of this SECTION 2(b) and the Company notifies the Holders that the Company reasonably believes that the Agent will unconditionally consent in writing to the Company's purchase of such Registrable Securities, then the Company's obligations to use its best efforts to register or qualify under SECTION 2(A) shall be deferred for a period not to exceed ten (10) business days following the receipt by the Holders of the Company's notice of its intent to purchase such Registrable Securities along with a copy of the Agent's unconditional written consent to the Company purchasing such Registrable Securities, unless the Company delivers an Acceptance Notice (as defined in clause (ii) below) to the Holders along with a copy of the Agent's unconditional written consent to the Company purchasing such Registrable Securities, in which case the Company's obligations shall be deferred for a period not to exceed thirty (30) days following the receipt by the Holders of the Acceptance Notice.
Company's Right to Purchase. 23 7.4 Series A Holders' Right to Purchase.. . . . . . . . . . . . . 23 7.5 Series B Holders' Right to Purchase . . . . . . . . . . . . . 24
Company's Right to Purchase. The Company shall have the exclusive right to purchase all of the Offered Shares on the same terms and at the same proposed purchase price per Share as set out in the Offer. The Company shall exercise this right to purchase by giving written notice to the Offering Shareholder (with a copy thereof to each of the Continuing Shareholders) within thirty (30) days after receipt of the notice from the Offering Shareholder (the “30 Day Period”) that the Company elects to purchase the Offered Shares subject to the Offer and setting forth a date and time for closing which shall be not later than days after the date of such notice from the Company. At the time of closing, the Offering Shareholder shall deliver to the Company certificates representing the Offered Shares to be sold, together with stock powers duly endorsed in blank. The Offered Shares shall be delivered by the Offering Shareholder free of any and all liens and encumbrances. All transfer taxes and documentary stamps shall be paid by the Offering Shareholder.
AutoNDA by SimpleDocs
Company's Right to Purchase. In the event any Investor or beneficiary desires to sell or transfer all or a portion of said Investor’s Investment Interest, the Company has the first right to purchase all or any portion of the Investment Interest according to the terms of said Investor’s original purchase, specifically including said Investor’s original purchase price of the equity blocks comprising said Investor’s Investment Interest. Under no circumstance shall any Investor be allowed to sell or otherwise transfer all or a portion of said Investor’s Investment Interest to any party other than the Company.
Company's Right to Purchase. The Company shall have an option for (i) thirty (30) days following the date of receiving notice of the occurrence of an Option Event, or becoming aware of an Option Event; or (ii) for thirty (30) days after the appointment of a representative for the estate of a deceased individual Member, in the case of death (the “Company Option Period”), to provide a written notice of its intent to the purchase the Option Interest at a price determined in accordance with Article III.
Company's Right to Purchase. The Company shall have the first right to purchase all or any portion of the Offered Shares at the Offer Price, which right may be exercised by giving notice to the Transferor and the First Offer Stockholders within fifteen (15) business days (the “Company Offer Period”) after the Offer Date, stating the number of Shares that the Company agrees to purchase. If the Company elects not to purchase any such Offered Shares, it shall notify the First Offer Stockholders of such election before the end of the Company Offer Period.
Time is Money Join Law Insider Premium to draft better contracts faster.