Repurchases and Redemptions. (i) Subject to Section 4.1(h)(ii), PubCo or any of its Subsidiaries (other than the Company and its Subsidiaries) may redeem, repurchase or otherwise acquire (A) shares of Class A Common Stock pursuant to a Board approved repurchase plan or program (or otherwise in connection with a transaction approved by the Board) and, substantially simultaneously therewith, the Company shall redeem, repurchase or otherwise acquire from PubCo or such Subsidiary an equal number of Common Units for the same price per security, if any, or (B) any other Equity Securities of PubCo or any of its Subsidiaries (other than the Company and its Subsidiaries) pursuant to a Board approved repurchase plan or program (or otherwise in connection with a transaction approved by the Board) and, substantially simultaneously therewith, the Company shall redeem, repurchase or otherwise acquire from PubCo or such Subsidiary an equal number of the corresponding class or series of Equity Securities of the Company with the same rights to dividends and distributions (including distributions upon liquidation) and other economic rights as those of such Equity Securities of PubCo or such Subsidiary for the same price per security, if any.
Repurchases and Redemptions. (i) PubCo or any of its Subsidiaries (other than the Company and its Subsidiaries) may redeem, repurchase or otherwise acquire (A) shares of Class A Common Stock pursuant to a Board approved repurchase plan or program (or otherwise in connection with a transaction approved by the Board) and substantially simultaneously therewith the Company redeems, repurchases or otherwise acquires from PubCo or such Subsidiary an equal number of Common Units for the same price per security, if any, or (B) any other Equity Securities of PubCo or any of its Subsidiaries (other than the Company and its Subsidiaries) pursuant to a Board approved repurchase plan or program (or otherwise in connection with a transaction approved by the Board) and substantially simultaneously therewith the Company redeems, repurchases or otherwise acquires from PubCo or such Subsidiary an equal number of the corresponding class or series of Equity Securities of the Company with the same rights to dividends and distributions (including distributions upon liquidation) and other economic rights as those of such Equity Securities of PubCo or such Subsidiary for the same price per security, if any.
Repurchases and Redemptions. (a) Except as otherwise provided in this Trust Instrument, no Shareholder or other person holding Shares will have the right to withdraw or tender Shares to the Trust for repurchase. The Trustees may, from time to time, in their complete and exclusive discretion and on terms and conditions as they may determine, cause the Trust to repurchase Shares in accordance with written tenders. In determining whether to cause the Trust to repurchase Shares, pursuant to written tenders, the Trustees will consider the following factors, among others:
Repurchases and Redemptions. (i) Neither PubCo nor any of its Subsidiaries (including the General Partner, but other than the Partnership, Blue Owl Holdings and their respective Subsidiaries) may redeem, repurchase or otherwise acquire:
Repurchases and Redemptions. The Company shall not repurchase or redeem any of its equity securities or any securities convertible into or exchangeable for such equity securities or any warrants or other rights to purchase such equity securities unless it concurrently makes a cash payment to the Holder(s) of the Warrants equal to the product of: (1) the quotient obtained by dividing (x) the aggregate amount of cash and the aggregate Fair Value of any property paid out by the Company in connection with any such repurchase or redemption by (y) the number of shares of Common Stock and Common Stock Equivalents outstanding immediately after such repurchase or redemption (excluding Warrant Securities) and (2) the number of shares of Common Stock issuable upon the exercise of the Warrants.
Repurchases and Redemptions. Agent will receive and stamp with the date --------------------------- all certificates and requests delivered to Agent for repurchase or redemption of Shares and Agent will process such repurchases as agent for the Principal Underwriter and such redemptions as agent for the Fund as follows:
Repurchases and Redemptions. (i) Immediately following the LLCA Effective Time, and in any event prior to the Blocker Effective Time (the “Redemption Time”), subject to assets of the Company being legally available therefor, all outstanding Common Units held by any Member who holds Common Units with an aggregate fair value, determined based on the Per Unit Unitholder Merger Consideration multiplied by the number of Common Units held by such Member, equal to or less than $1.00 that has not executed and delivered a Redemption Agreement (each, a “Redemption Member”) shall automatically be redeemed by the Company (the “Automatic Redemption”), and such Member shall be entitled to receive a cash payment in an amount equal to the Per Unit Unitholder Merger Consideration multiplied by the number of Common Units redeemed (with respect to each such Member, such Member’s “Redemption Payment”). As soon as practicable after the Automatic Redemption, the Company will deliver, or cause to be delivered, to each Redemption Member the Redemption Payment to which such Redemption Member is entitled in exchange for such redeemed Common Units, without interest. As of the Redemption Time, each Redemption Member shall (w) automatically cease to be a Member of the Company, (x) have no further rights as a Member under this LLC Agreement or the Business Combination Agreement, (y) have no rights under (and no rights to become a party to) the Tax Receivable Agreement and (z) have only the right to receive the Redemption Payment for which such Redemption Member’s Common Units were redeemed, without interest. From and after the Automatic Redemption, the Company shall be entitled to treat any certificates and book-entry interests representing the Common Units to be redeemed pursuant to this Section 4.1(h)(i) as redeemed and cancelled, notwithstanding the failure of the holder thereof to surrender such certificates or book-entry interests and without any further action by or on behalf of the Company or such holder.
Repurchases and Redemptions. Except as otherwise permitted under the Subordinated Loan Agreement and the BIB Warrant, the Company shall not repurchase or redeem any of its equity securities or any securities convertible into or exchangeable for such equity securities or any warrants or other rights to purchase such equity securities unless it concurrently makes a cash payment to the Holder(s) of the Warrant equal to the product of: (1) the quotient obtained by dividing (x) the aggregate amount of cash and the aggregate Fair Value of any property paid out by the Company in connection with any such repurchase or redemption by (y) the number of shares of Common Stock and Common Stock Equivalents outstanding immediately after such repurchase or redemption (excluding Warrant Securities) and (2) the number of shares of Common Stock issuable upon the exercise of the Warrant.
Repurchases and Redemptions. (a) Except as otherwise provided in this Trust Instrument, no Unitholder or other person holding Units will have the right to withdraw or tender Units to the Trust for repurchase. The Trustees may, from time to time, in their complete and exclusive discretion and on terms and conditions as they may determine, cause the Trust to repurchase Units in accordance with written tenders. In determining whether to cause the Trust to repurchase Units, pursuant to written tenders, the Trustees will consider the following factors, among others:
Repurchases and Redemptions. (1) No Shareholder will have the right to require the Trust to redeem its Shares. The Trust intends to conduct repurchase offers at such times and pursuant to such procedures as determined by the Trustees from time to time, subject to the requirements of the 1940 Act. The repurchase price shall be equal to the net asset value of the Shares, less applicable fees permitted under applicable law.
