No Obligation to Repurchase Sample Clauses

No Obligation to Repurchase. Notwithstanding any other provision of this Article Four to the contrary, in no event shall the corporation be required to repurchase any shares of Convertible Preferred Stock on or prior to the date that is 91 days after the date on which the Notes mature.
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No Obligation to Repurchase. In no event shall the Company be obligated to exercise its option under this Section 8.4, and if a Member becomes bankrupt, no trustee, receiver or creditor shall have any right to require the Company to repurchase the interest of such Member. The Company election not to repurchase any Membership Interests of a Terminating Member under this Section 8.4 shall not affect the Company’s rights to repurchase the same Membership Interests under any other provision of this Agreement or otherwise, or to exercise its rights in connection with any other Terminating Member, and the interests of such Terminating Member not repurchased by the Company shall continue to be subject to all of the provisions of this Agreement.
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No Obligation to Repurchase. Except for obligations arising prior to the date of termination which have not been satisfied as of the date of termination, Manufacturer shall have no obligation to repurchase or to credit Distributor for its inventory of Products at the time of termination of this Agreement. Manufacturer may, at its sole option, repurchase from Distributor, at the net Wholesale Prices paid by Distributor, any or all inventory of Products originally purchased by Distributor from Manufacturer and remaining unsold by Distributor. 13.5
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No Obligation to Repurchase. Sagent shall have no obligation to repurchase or to credit Concessionaire for its inventory of Products at the time of termination of this Agreement. Sagent may, at its sole option, repurchase from Concessionaire, at Sagent's then current list prices less any applicable then current discounts or at the net prices paid by Concessionaire, whichever are lower, any or all inventory of Products originally purchased by Concessionaire from Sagent and remaining unsold by Concessionaire.
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No Obligation to Repurchase. OOIL shall have no obligation to repurchase or to credit PEARL for its inventory of equipment related to the Technology at the time of termination of this Agreement. OOIL may, at its sole option, repurchase from PEARL at the prices paid by PEARL less a 20% restocking fee, any or all inventory of Technology originally purchased by PEARL from OOIL and remaining unsold by PEARL.
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No Obligation to Repurchase. Under no circumstances shall the Company be obligated to repurchase any Shares acquired by Purchaser under the terms of this Agreement.
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No Obligation to Repurchase. Sagent KK shall have no obligation to repurchase or to credit Distributor for its inventory of Products at the time of termination of this Agreement. Sagent KK may, at its sole option, repurchase from Distributor, at Sagent KK's then current list prices less any applicable then current discounts or at the net prices paid by Distributor, whichever are lower, any or all inventory of Products originally purchased by Distributor from Sagent KK and remaining unsold by Distributor.
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No Obligation to Repurchase. OOIL shall have no obligation to repurchase or to credit LH for its inventory of equipment related to the Technology at the time of termination of this Agreement. OOIL may, at its sole option, repurchase from LH at the prices paid by LH less a 20% restocking fee, any or all inventory of Technology originally purchased by LH from OOIL and remaining unsold by LH.
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No Obligation to Repurchase. If MPOS shall terminate all distribution rights of Distributor, then MPOS shall have no obligation to repurchase or to credit Distributor for its inventory of Products at the time of termination of this Agreement. MPOS may, at its sole option, repurchase from Distributor, at the prices paid by Distributor, any or all inventory of Products originally purchased by Distributor from MPOS and remaining unsold by Distributor.
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Related to No Obligation to Repurchase

  • No Obligation to Recognize Invalid Transfer The Company shall not be required (1) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4, or (2) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

  • No obligation to monitor No Finance Party is bound to monitor or verify the utilisation of a Facility.

  • Right to Repurchase CMSI cannot exercise its right to repurchase the mortgage loans pursuant to section 9.1(a) of the Standard Terms unless · the aggregate scheduled principal balance of the mortgage loans is less than $49,678,132.50 at the time of repurchase, and · if there is an insured class outstanding and the exercise of such repurchase right would result in a draw under any certificate insurance policy, the Insurer has previously consented.

  • No Obligation to Register The Company shall be under no obligation to register the Restricted Shares pursuant to the Securities Act or any other federal or state securities laws.

  • No Obligation to Increase No current Lender shall be obligated to increase its Revolving Credit Commitment and any increase in the Revolving Credit Commitment by any current Lender shall be in the sole discretion of such current Lender.

  • Right to Require Repurchase In the event that a Change in Control (as hereinafter defined) shall occur, then each Holder shall have the right, at the Holder's option, to require the Company to repurchase, and upon the exercise of such right the Company shall repurchase, all of such Holder's Notes, or any portion of the principal amount thereof that is an integral multiple of $1,000 (provided that no single Note may be repurchased in part unless the portion of the principal amount of such Note to be outstanding after such repurchase is equal to $1,000 or an integral multiple of $1,000), on the date (the "Repurchase Date") that is 30 days after the date of the Company Notice (as defined in Section 16.2) for cash at a purchase price equal to 100% of the principal amount (the "Repurchase Price") plus interest accrued and unpaid to, but excluding, the Repurchase Date. If the Repurchase Date is between a record date for an interest payment date and such interest payment date, then the interest payable on such interest payment date shall be paid to the Holder of Record on the Note on such interest payment date. Whenever in this Indenture there is a reference, in any context, to the principal of any Note as of any time, such reference shall be deemed to include reference to the Repurchase Price payable in respect of such Note to the extent that such Repurchase Price is, was or would be so payable at such time, and express mention of the Repurchase Price in any provision of this Indenture shall not be construed as excluding the Repurchase Price in those provisions of this Indenture when such express mention is not made.

  • No Obligation to Register Shares The undersigned understands that the Company is under no obligation to register the Shares under the Securities Act, or to assist the undersigned in complying with the Securities Act or the securities laws of any state of the United States or of any foreign jurisdiction.

  • No Obligation to Mitigate Executive shall not be required to seek other employment or otherwise to mitigate Executive's damages upon any termination of employment; provided, however, that, to the extent Executive receives from a subsequent employer health or other insurance benefits that are substantially similar to the benefits referred to in Section 5(b) hereof, any such benefits to be provided by the Company to Executive following the Term shall be correspondingly reduced.

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