Examples of Backstop Notice in a sentence
Our heuristic considers one subtree at a time, randomly picked from the set of subtrees identified using the algorithm described in the previous section, and allocates it such that the level in the new subtree that requires the mini- mum amount of memory corresponds to the pipeline stage that already uses the largest amount of memory.
At the BPS Closing, the Company will issue to the Purchaser the Backstop Purchase Shares, registered in the name of the Purchaser, against (and concurrently with) the payment of the BPS Purchase Price to the Company by wire transfer of immediately available funds to the account notified to the Purchaser by the Company in the Backstop Notice.
This Agreement may not be amended, modified, supplemented or waived, in whole or in part, except by an instrument in writing, signed by the party against whom enforcement of such amendment, modification, supplement or waiver is sought; provided, that the prior written consent of Wave shall be required for any amendments, modifications, waivers or supplements (which shall include amendments which create additional conditionality, changes to the economics or delay the timing of any Backstop Notice).
The Company shall determine the aggregate amount of Remaining Shares and Purchase Price, if any, set forth in the Backstop Notice in good faith, and shall direct the Subscription Agent to provide such written backup relating to the calculation thereof as the Backstop Parties may reasonably request.
Rights Offer, Account # 475-471873, for further credit to Rxxx’x Inc., and name of the Backstop Investor, no later than 5:00 p.m. EST on the third (3rd) Business Day following receipt of the Backstop Notice.
If multiple Backstop Notices are delivered to the Investor that describe alternative market terms, then the Investor shall have the right to elect which set of agreed upon terms presented in any one Backstop Notice it wishes to invest under for the PIPE Financing.
A Backstop Notice cannot be made, and the Company shall not be permitted to deliver a Backstop Notice or cause the Purchaser to acquire any Backstop Purchase Shares, to the extent the Company has a Subscription Amount equal to zero (0).
A Backstop Notice cannot be made and the Company shall not be permitted to deliver a Backstop Notice or cause the Purchaser to acquire any Backstop Purchase Shares to the extent the Company has a Subscription Amount equal to zero (0).
Following receipt of the Backstop Notice and subject to the satisfaction or waiver of the Backstop Conditions Precedent (other than those that are by their nature to be satisfied at a Backstop Closing, but subject to the satisfaction or waiver of such conditions at such Backstop Closing), on February 15, 2013, the Purchaser shall fund the Backstop Escrow Account, and the Company shall deliver the Backstop Notes to the Backstop Escrow Agent as set forth in Section 2.6 below.
A Backstop Notice cannot be made and the Company shall not be permitted to deliver a Backstop Notice or cause the Purchaser to acquire any Backstop Purchase Shares to the extent the Subscription Amount is equal to zero (0).