Equity Repurchase definition

Equity Repurchase means the repurchase or other acquisition or retirement for value of any Equity Interests of the Company pursuant to any stock repurchase plan of the Company approved by the Board of Directors of the Company and effected in accordance with Rule 10b-18 under the Exchange Act or otherwise in accordance with applicable law.

Equity Repurchase means the Borrower’s repurchase of its Equity Interests with respect to (a) any shares withheld to cover tax-withholding requirements relating to the vesting of restricted stock units issued pursuant to, and other ordinary course repurchases in respect of, the 2000 Stock Incentive Plan and (b) upon the consent of the Required Lenders, any other restricted stock units or stock options repurchased from former employees, directors or contractors in accordance with the terms of the Borrower’s restricted stock unit or stock option plans.

Equity Repurchase shall have the meaning set forth in Section 6.10(f).

Examples of Equity Repurchase in a sentence

• During any period when any Default or Event of Default has occurred and is continuing no Equity Repurchase Payments will be made.

• Borrower shall not permit the total Equity Repurchase Payments by it and the Company during any fiscal year to exceed $100,000,000.

• The Borrower and the Company shall not make any Equity Repurchase Payments during any period when any Default or Event of Default has occurred and is continuing or would occur after giving effect thereto.

• It will provide stockholders who wish to increase their proportionate investment in ITT's three businesses with an opportunity to do so without incurring taxes by not participating in the Equity Repurchase.

• The Board believes that the Equity Repurchase will provide stockholders who wish to sell a portion of their shares with an opportunity to do so at a premium to recent market prices--and at a considerable premium to the Hilton offer.

More Definitions of Equity Repurchase

Equity Repurchase means the use by the Company of the net proceeds of the Offering to repurchase or cancel certain shares of its Common Stock and options exercisable into shares of its Common Stock from the holders thereof.

Equity Repurchase shall have the meaning set forth in the recitals hereto.

Equity Repurchase means any payment, after May 31, 2007, on account of the purchase, redemption retirement, acquisition, cancellation or termination of any Equity Interest of DFS or any of its Subsidiaries.

Equity Repurchase means the Borrower’s repurchase of its Equity Interests.

Equity Repurchase shall have the meaning specified in Section 8M.

Equity Repurchase means the Borrower’s repurchase of its Equity Interests (a) with respect to (i) any shares withheld to cover tax-withholding requirements relating to the vesting of restricted stock units issued pursuant to, and other ordinary course repurchases in respect of, the 2000 Stock Incentive Plan and (ii) upon the consent of the Required Lenders, any other restricted stock units or stock options repurchased from former employees, directors or contractors in accordance with the terms of the Borrower’s restricted stock unit or stock option plans; and (b) in connection with the workout and/or restructuring of problem accounts receivable in existence as of the Second Amendment Effective Date, in an aggregate amount for clause (b) up to but not exceeding 1,250,000 shares of Borrower stock.

Equity Repurchase means the repurchase of Equity Interests from directors, officers and employees pursuant to the Redemption Agreement dated as of April 1, 2011 among Parent and the individuals identified as “Executives” therein.