Purchase of Equity Interest. Subject to the terms and conditions set forth herein and in the Assignment and Assumption Agreement (including, without limitation, satisfaction of the conditions precedent set forth herein), on the Closing Date, Purchaser hereby agrees to purchase and accept from Seller, as of the Closing Date, the Equity Interest.
Purchase of Equity Interest. Subject to the Company’s policy regarding black-out periods and any applicable securities laws, Employee agrees to purchase in the open-market within six (6) months after the Commencement Date (as defined below) common stock of the Company for an aggregate purchase price of not less than $10,000. In order to assist Employee in fulfilling the foregoing obligation, the Company will, upon Employee’s request at a time when Employee does not have material non-public information, provide reasonable assistance to Employee in establishing a Prearranged Trading Plan pursuant to SEC Rule 10b5-1, under which Employee may make prior arrangements to trade equity of the Company.
Purchase of Equity Interest. (a) Controlling Party shall have the right, but not the obligation, to purchase all but not less than all of Equity Investor's interest in Owner and the Transaction Documents and the Excluded Collateral Agreement upon the occurrence of a Trigger Event (as defined below) for an amount equal to the outstanding Equity Balance plus accrued Yield to the date of purchase plus any reasonable third party costs or expenses (including breakage costs) arising as a result of such purchase. Controlling Party will notify Equity Investor within five Business Days after the occurrence of a Trigger Event if it intends to exercise such right, which notice shall state the date (not more than 10 Business Days after the occurrence of a Trigger Event) on which such purchase shall be made. On the date set for purchase, upon payment of all amounts due, Equity Investor shall forthwith sell, assign, transfer and convey to Controlling Party (without recourse, representation or warranty of any kind except as to the absence of Owner Liens arising through Equity Investor), all of the estate, right, title and interest of Equity Investor in and to Owner, the Transaction Documents and the Excluded Collateral Agreement. Controlling Party shall assume all of Equity Investor's obligations under the Transaction Documents and the Excluded Collateral Agreement arising subsequent to such sale. All charges and expenses required pursuant to Section 2.11 hereof in connection with the issuance of any such new Note pursuant to this Section shall be borne by the Owner Participant.
Purchase of Equity Interest. Subject to the terms and --------------------------- conditions set forth herein and in the related Purchase Agreement (including, without limitation, satisfaction of the conditions precedent set forth herein and in the related Purchase Agreement in accordance herewith and therewith), on each Closing Date, Purchaser hereby agrees to purchase and accept from Seller, as of the relevant Closing Date, each Equity Interest exclusive of the Reserved Rights and to pay the applicable Acquisition Price therefor.
Purchase of Equity Interest. In the event all or substantially all of either the Company's stock or the Company's assets are auctioned for sale, nothing herein shall prohibit the Executive or his designee, upon disclosure to the Board, the Creditors' Committee, and the Company's senior lenders, from participating as a potential buyer in such auction, provided that the Executive complies with any appropriate safeguards adopted by and implemented at the instructions of the Board in advance to avoid any conflict of interest.
Purchase of Equity Interest
