Regular Purchase Notice. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Regular Purchase Notice from time to time in accordance with this Agreement, to purchase up to the lesser of (y) $2,500,000 in Ordinary Shares and (z) 75% of the average dollar volume of Ordinary Shares traded on the Principal Market for the lowest 8 of the 10 Trading Days prior to the Regular Purchase Notice Date, at the Regular Purchase Price on the Regular Purchase Settlement Date (defined below) in accordance with the terms herein (each such purchase a “Regular Purchase”).
Regular Purchase Notice. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Regular Purchase Notice from time to time in accordance with this Agreement, to purchase any amount up to $3,000,000 (a “Regular Purchase”).
Regular Purchase Notice. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Regular Purchase Notice from time to time in accordance with this Agreement, to purchase any amount no less than Two Hundred Fifty Thousand U.S. Dollars (US$250,000) and no greater than One Million U.S. Dollars (US$1,000,000) (a “Regular Purchase”).
Regular Purchase Notice. Upon the satisfaction of the conditions set forth in Sections 7 and 8 hereof (the “Commencement” and the date of satisfaction of such conditions the “Commencement Date”), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Regular Purchase Notice from time to time in accordance with this Agreement, to purchase any amount up to the lessor of (i) $2,000,000 and (ii) 75% of the average VWAP of the Common Stock for each of the eight (8) lowest Trading Days during the ten (10) consecutive Trading Day period immediately preceding the Regular Purchase Notice Date (a “Regular Purchase”).
Regular Purchase Notice. Upon the satisfaction of the conditions set forth in Sections 7(b) and 8(b) hereof (the “Secondary Commencement” and the date of satisfaction of such conditions the “Secondary Commencement Date”), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Regular Purchase Notice from time to time in accordance with this Agreement, to purchase not less than $200,000 and not greater than $3,000,000 in Common Stock per Regular Purchase Notice at option of the Company in accordance with the terms herein (each such purchase a “Regular Purchase”).
