Share Repurchase. The Issuer has not repurchased any Share within the 30 days preceding the date of this Agreement.
Share Repurchase. Notwithstanding any other provision of this Section 5, the Company may at any time, out of funds legally available therefor and subject to compliance with the provisions of the applicable laws of the Cayman Islands, repurchase Ordinary Shares of the Company issued to or held by employees, officers or consultants of the Company or its Subsidiaries upon termination of their employment or services, pursuant to any bona fide agreement providing for such right of repurchase, whether or not dividends on the Preferred Shares shall have been declared.
Share Repurchase. A. Total amount paid by Equity Inns for stock repurchase during the most recently completed quarter $----------------------
Share Repurchase. Contemporaneously with the consummation of the offering of the Securities, the Share Repurchase will be consummated.
Share Repurchase. Subject to the sale of the Securities by the Selling Shareholders to the Underwriter in compliance with the terms of this Agreement, the Underwriter agrees to sell to the Company, and the Company agrees to purchase from the Underwriter, an aggregate of 7,017,543 shares at the purchase price per share set forth in Schedule A.
Share Repurchase. Excluding shares held in Your 401(k) account, as of November 8, 2006, You and Your spouse currently own 612 shares of common stock of the Company (together with any shares of common stock of the Company You receive upon the exercise of the Stock Options prior to the earlier of (x) the “Put Expiration Date” and (y) the “Put Exercise Date” (each as defined below), the “Shares”). From the date which is 11 business days following the date of termination of the modified “Dutch Auction” tender offer as currently contemplated by the Company (the “Issuer Tender Offer”) until sixty (60) days following the date of termination of the Issuer Tender Offer (the “Put Expiration Date”), You shall have a one-time option (the “Put”), exercisable on not less than ten business days written notice to the Company’s chief legal officer (the date of such notice being the “Put Exercise Date”), to require the Company to, subject to applicable law, repurchase any or all of the Shares at a price per share equal to the greater of (i) $4.75 and (ii) the price paid by the Company in the Issuer Tender Offer, less any applicable withholding taxes and without interest, and the Company hereby agrees to make such purchase if You exercise the Put, subject to applicable law; provided however, that if the Company elects not to conduct the Issuer Tender Offer, the Put may be exercised at $4.75 as aforesaid from ten business days following the Company’s announcement of its decision not to conduct the Issuer Tender Offer until thirty calendar days after the date of such announcement. You acknowledge and agree that the Shares are, and will be at the time of repurchase, free and clear of any liens, pledges, security interests, claims, options, rights of first refusal, co-sale rights, charges or other encumbrances of any kind or nature (“Encumbrances”). You shall deliver, or cause to be delivered, to the Company, against payment therefore, stock certificates representing the Shares, free and clear of all Encumbrances. Nothing contained herein shall require You to exercise the Put, it being Your option.
Share Repurchase. The Employee Stockowner hereby sells, and TCI.XXX xxxeby purchases, all, and not less than all, of the Shares for an aggregate purchase price of $95,720 (the "Purchase Price"). The Employee Stockowner hereby acknowledges receipt of a check in the amount of the Purchase Price. TCI.XXX xxxeby acknowledges receipt of stock certificate number ____________________________________, representing the Shares, endorsed by the Employee Stockowner in blank.
Share Repurchase. In the amounts specified on the Repurchase Schedule, the Employee and each of the Selling Affiliates hereby agree to sell and the Company hereby agrees to purchase (the “Repurchase”) on the date hereof (i) all vested shares of Restricted Stock held by the Employee and each Selling Affiliate at a price of $0.63 per share, which represents the average of the daily closing prices of the Company’s Common Stock during December, 2002 and (ii) all unvested shares of Restricted Stock held by the Employee and each Selling Affiliate at a per share price equal to the Per Share Price (as defined in the Restricted Stock Agreement) plus accrued interest (clauses (i) and (ii) hereof are referred to herein collectively as, the “Purchase Price”).
Share Repurchase. Contemporaneously with the consummation of the offering of the Firm Securities, the Share Repurchase will be consummated. The Company and the Selling Shareholder will furnish the Representatives with such conformed copies of such opinions, certificates, letters and documents as the Representatives reasonably request. The Representatives may waive on behalf of the Underwriters compliance with any conditions to the obligations of the Underwriters hereunder, whether in respect of a Closing Date or otherwise.
Share Repurchase. Before the Closing Date and after the purchase of Company Shares pursuant to the Offer, the Company shall, and the Parent shall cause the Company to, purchase, for a cash consideration equal to the Per Share Amount, from any current or former director or officer of the Company whose service with the Company is terminated for any reason between the consummation of the Offer and the Closing Date, all shares of Company Common Stock held by any such individual who desires so to sell such shares, promptly upon delivery to the Company of the certificates therefor for cancellation.
