Repurchase Event

Repurchase Event. Shall be amended by deleting item (8) thereof in its entirety and replacing it with the notation: "[Intentionally Deleted]" and by adding the following four additional events, each of which shall individually constitute a Repurchase Event: (10) The Company fails to sign a binding definitive agreement with Bausch & Lomb on or before January 31, 2001, providing for the Company's receipt of $3,000,000 of cash proceeds from Bausch & Lomb on or... before March 7, 2001; (11) The Company fails to receive $3,000,000 of cash proceeds from Bausch & Lomb on or before March 7, 2001; (12) The average closing bid price of the Company's common stock for the ten (10) trading days preceding January 31, 2001 does not exceed $1.00 per share; (13) The average closing bid price of the Company's common stock for the ten (10) trading days preceding March 7, 2001 does not exceed $1.00 per share; (14) The Company's common stock ceases to be listed on either the Nasdaq National Market or the Nasdaq SmallCap Market. View More

Repurchase Event. Shall mean if (i) any person (other than the Grantee or any subsidiary of the Grantee) shall have acquired actual ownership or control, or any "group" (as such term is defined under the Exchange Act) shall have been formed which shall have acquired actual ownership or control, of 24.9% or more of the then outstanding shares of Grantor Common Stock, or (ii) any Purchase Event shall be consummated.

Repurchase Event. Means the date that Citco is entitled to terminate the Merger Agreement pursuant to Sections 10.1 (b), (c), (d)(ii), or (f); provided, that a Repurchase Event shall not occur unless and until TCB shall have entered into a definitive agreement with a third party with respect to an Acquisition Proposal or an Acquisition Proposal shall have been consummated during the 12-month period following such date.

Repurchase Event. The meaning provided in the Notes

Repurchase Event. Shall have the meaning to be provided or provided in the Note.

Repurchase Event. Means (i) a Termination of Service, (ii) the Awardee's Bankruptcy, (iii) the consummation of a Sale Event, or (iv) a Restrictive Covenant Breach.