Base Subscription Rate definition

Base Subscription Rate means, with respect to the Standing Order established for the recurring transfer of RECs, the updated percentage that is amended pursuant to Section 12(b)(ii) of the Cover Sheet.” The following is added as Section 1.15.1:
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Examples of Base Subscription Rate in a sentence

  • The written instructions by the IPA shall include information on the Base Subscription Rate, and updated Maximum Contract Value, Annual Contract Value and Collateral Requirement.

  • Standing Order shall be amended by Xxxxx and Seller as soon as practicable after the receipt of the First Year Confirmation Report and instructions by the IPA to amend the Standing Order to reflect the Base Subscription Rate.

  • To calculate the Base Subscription Rate, the IPA will first calculate the average subscription percentage for each of the Quarterly Periods covered in the First Year Report separately.

  • Seller may request in its First Year Report for a Base Subscription Rate to be set higher than the rate based on the foregoing calculation up to 100%; in which case, such Base Subscription Rate will be reflected in IPA’s written instructions to Buyer and Seller.

  • The Base Subscription Rate shall be the greater of: 50% or the highest average subscription percentage calculated for a Quarterly Period based on information as recorded in the First Year Report.

Related to Base Subscription Rate

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Subscription Period means the period from the Start Date until the expiry date stated in an Order.

  • Subscription Amount means, as to each Purchaser, the aggregate amount to be paid for Shares and Warrants purchased hereunder as specified below such Purchaser’s name on the signature page of this Agreement and next to the heading “Subscription Amount,” in United States dollars and in immediately available funds.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Put Price has the meaning set forth in Section 8.05(a).