The Repurchase Sample Clauses

The Repurchase clause defines the terms under which one party can buy back assets, shares, or property previously sold or transferred to another party. Typically, this clause outlines the conditions, timing, and pricing mechanisms for the repurchase, such as specifying a fixed price, a formula, or fair market value, and may set deadlines or notice requirements for exercising the right. Its core practical function is to provide a clear and enforceable process for reversing a prior sale or transfer, thereby offering flexibility and protection for the original owner in certain circumstances.
The Repurchase. Upon and pursuant to the terms and subject to the conditions of this Agreement, at the Closing, the Company shall repurchase from the Shareholder, and the Shareholder shall sell to the Company, that number of shares of Series A Preferred Stock (the "Repurchase Shares") equal to the Gross Repurchase Amount divided by the product of the Offering Price and the then current Conversion Factor.
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The Repurchase. Subject to the terms and upon the conditions set forth herein, at the Closing (as defined below), Mrfresh Cayman agrees to repurchase from the Repurchased Mrfresh Shareholder the Repurchased Shares at the price as set forth opposite such Repurchased Mrfresh Shareholder’s name on the Column I and II of Table A in the Schedule I (“Repurchase Price”). The proportion amount of the Repurchase Price to be paid by Mrfresh Cayman to each Repurchased Mrfresh Shareholder is set forth opposite such Repurchased Mrfresh Shareholder’s name on the Column II of Table A in the Schedule I attached hereto.
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The Repurchase. Subject to the terms of this Agreement, Seller agrees to sell to the Company 400,000 shares of the Company’s common stock (the “Shares”) in consideration for the cancellation by the Company of non-recourse promissory notes of the Seller for an aggregate principal amount of $1,500,000 plus accrued interest of $129,954 thereon (the “Notes”).
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The Repurchase. Any such repurchase shall take place as follows: --------------- 3.3.1 USI shall notify CBC, in writing, of the occurrence of any Control Transaction no later than five (5) Business Days after the sooner of the date on which such Control Transaction becomes publicly known or the date on which it becomes effective. 3.3.2 At any time within 180 days of receipt of such notice, CBC may notify USI, in writing, of its wish to cause USI to repurchase the Shares (the "CBC Put Exercise Notice"). 3.3.3 No later than ten (10) Business Days following its receipt of the CBC Put Exercise Notice, USI shall deliver to CBC a written statement indicating the Fair Market Value and the New Owner Price, together with documentation, reasonably satisfactory to CBC, evidencing the calculation thereof. 3.3.4 The repurchase of the Shares by USI shall take place on a date (the "Repurchase Date") which shall be mutually agreed by CBC and USI, provided that the Repurchase Date shall be not more than thirty (30) Business Days following the date of the CBC Put Exercise Notice. On the Repurchase Date: 3.3.4.1 USI shall deliver to CBC, by wire transfer of immediately available funds to the account specified by CBC, the aggregate CBC Put Price; and 3.3.4.2 CBC shall deliver to USI the certificates for the Shares being repurchased, duly endorsed for transfer, free and clear of any liens, security interests or encumbrances of any type or kind.
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The Repurchase. It is agreed that in this repurchase scheme (hereinafter called “the Repurchase”), the Operator shall be entitled to deduct the following sums (hereinafter called “the Allocated Deducted Sum”) from the nett purchase price paid by the Members towards the Membership Fee (hereinafter called “the Purchase Price”): - Category of the Membership The Allocated Deducted Sum The Individual Membership Ringgit Malaysia Twelve Thousand (RM12,000.00) only The Ordinary Membership Ringgit Malaysia Fifteen Thousand Six Hundred (RM15,600-00) only The Corporate Membership Ringgit Malaysia Twenty Four Thousand (RM24,000.00) only
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The Repurchase. Agreement is substantially in the form approved by the Resolutions or pursuant to authority duly granted by the Resolutions. 6. Attached hereto as Exhibit 4 is a true, correct and complete copy of the Certificate of Status of the Seller, as certified by the Secretary of State of the State of ______ and no event has occurred since the date thereof which would impair such status. 7. The undersigned, as a officers of the Seller or as attorney-in-fact, are authorized to and have signed manually the Repurchase Agreement or any other document delivered in connection with the transactions contemplated thereby, were duly elected or appointed, were qualified and acting as such officer or attorney-in-fact at the respective times of the signing and delivery thereof, and were duly authorized to sign such document on behalf of the Seller, and the signature of each such person appearing on any such document is the genuine signature of each such person. Name Title Signature
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The Repurchase. Subject to the terms of this Agreement, Seller agrees to sell to the Company and the Company agrees to purchase from the Seller, eleven million five hundred one thousand (11,501,000) shares of the Company's Common Stock (the "SHARES") for an aggregate purchase price of two million two hundred eighty five thousand one hundred fifty dollars ($2,285,150). - THE CLOSING
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The Repurchase 
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Related to The Repurchase

  • Exercise of the Repurchase Right The Repurchase Right shall be exercisable by written notice delivered to each Owner of the Unvested Shares prior to the expiration of the ninety (90)-day exercise period. The notice shall indicate the number of Unvested Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not more than thirty (30) days after the date of such notice. The certificates representing the Unvested Shares to be repurchased shall be delivered to the Corporation on or before the close of business on the date specified for the repurchase. Concurrently with the receipt of such stock certificates, the Corporation shall pay to Owner, in cash or cash equivalent (including the cancellation of any purchase-money indebtedness), an amount equal to the Purchase Price previously paid for the Unvested Shares to be repurchased from Owner.

  • Termination of the Repurchase Right The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Paragraph C.

  • The Purchase The Shareholder hereby agrees to sell to InvestCo and InvestCo hereby agrees to purchase from the Shareholder the Common Stock for shares of InvestCo common stock (the “InvestCo Stock”) and cash (the “InvestCo Cash”) as follows: (a) At the Closing (as hereinafter defined), InvestCo shall issue 1,318,174 InvestCo Stock; (b) No later than Twelve (12) months after the Closing, unless otherwise agreed in writing, InvestCo shall pay $52,889.71 in cash to Shareholder; (c) No later than Twenty Four (24) months after the Closing, unless otherwise agreed in writing, InvestCo shall pay $63,467.65 in cash to Shareholder. (d) Notwithstanding the payment for the Shares in installments as set forth in (a), (b) and (c) above, InvestCo shall be entitled to vote all of the Shares effective as of the Closing.

  • Delivery of Fundamental Change Repurchase Notice and Notes to Be Repurchased To exercise its Fundamental Change Repurchase Right for a Note following a Fundamental Change, the Holder thereof must deliver to the Paying Agent: (1) before the Close of Business on the Business Day immediately before the related Fundamental Change Repurchase Date (or such later time as may be required by law), a duly completed, written Fundamental Change Repurchase Notice with respect to such Note; and (2) such Note, duly endorsed for transfer (if such Note is a Physical Note) or by book-entry transfer (if such Note is a Global Note). The Paying Agent will promptly deliver to the Company a copy of each Fundamental Change Repurchase Notice that it receives.

  • Purchase and Issuance of the Units For the aggregate sum of $3,000,000 (the “Initial Purchase Price”), upon the terms and subject to the conditions of this Agreement, the Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Purchaser, on the Closing Date (as defined in Section 1.2) 300,000 Initial Units at $10.00 per Initial Unit. In addition to the foregoing, the Purchaser hereby agrees to purchase up to an additional 30,000 Additional Units at $10.00 per Additional Unit for a purchase price of up to $300,000 (the “Additional Purchase Price” and together with the Initial Purchase Price, the “Purchase Price”). The purchase and issuance of the Additional Units shall occur only in the event that the Over-Allotment Option is exercised in full or part. The total number of Additional Units to be purchased hereunder shall be in the same proportion as the amount of the Over-Allotment Option that is exercised. Each purchase of Additional Units shall occur simultaneously with the consummation of any portion of the Over-Allotment Option.