Daily Purchase Amount. As used herein the term "Original Daily Purchase Amount" shall mean Ten Thousand Dollars ($10,000) per Trading Day. As used herein, the term "Daily Purchase Amount" shall mean initially Ten Thousand Dollars ($10,000) per Trading Day, which amount may be increased or decreased from time to time pursuant to this Section 1(c).
Daily Purchase Amount means initially Twenty Thousand Five Dollars ($25,000) per Trading Day, which amount may be increased or decreased from time to time pursuant to this Section 1(c).
Daily Purchase Amount means initially Ten Thousand Dollars ($10,000) per Trading Day, which amount may be increased or decreased from time to time pursuant to this Section 1(c).
Examples of Daily Purchase Amount in a sentence
The decrease in the Daily Purchase Amount shall remain in effect until the Company delivers to the Buyer a Daily Purchase Amount Increase Notice (as defined below).
Any purchases by the Buyer which have a Purchase Date on or prior to the first (1st) Trading Day after receipt by the Buyer of a Daily Purchase Amount Decrease Notice must be honored by the Company as otherwise provided herein.
The decrease in the Daily Purchase Amount shall become effective one Trading Day after receipt by the Buyer of the Daily Purchase Amount Decrease Notice.
A Daily Purchase Amount Increase Notice shall be effective five (5) Trading Days after receipt by the Buyer.
The Company shall always have the right at any time to increase the amount of the Daily Purchase Amount up to the Original Daily Purchase Amount.
More Definitions of Daily Purchase Amount
Daily Purchase Amount means an aggregate value of Stock, excluding commission, selected at Broker’s discretion from a range between [ *** ].
Daily Purchase Amount for any Purchase Day shall be the maximum number of shares allowed under Rule 10b-18(b)(4) (using 25% of average daily trading volume reported for the Stock during the four calendar weeks preceding the week in which the purchase is to be effected); provided, however, that (i) the total dollar amount of all aggregate purchases under the Purchase Plan during the calendar month commencing November 1, 2023 and through and including November 30, 2023 shall not exceed $8,000,000, including any commissions or fees; (ii) the total dollar amount of all aggregate purchases under the Purchase Plan during any calendar month commencing December 1, 2023 and through and including June 30, 2024 shall not exceed $6,000,000, including any commissions or fees.
Daily Purchase Amount means initially Fifteen Thousand Dollars ($15,000) per Trading Day, which amount may be increased or decreased from time to time pursuant to this Section 1(c).
Daily Purchase Amount shall have the meaning specified in Section 2(c).
Daily Purchase Amount has the meaning given to such term in the Mandate Letter.
Daily Purchase Amount means, with respect to each Trading Day during the relevant Draw Down Pricing Period, the number of Shares which is calculated by multiplying the applicable Draw Down Amount by one-fifteenth (1/15th), provided that the Daily Purchase Amount shall be equal to zero (0) for any Knockout Day;
Daily Purchase Amount for any Trading Day shall be the number of Units set forth on the grid below opposite the per unit price range that corresponds to the reported price of the opening reported market transaction in the Units on such Trading Day, subject to the provisions of the two paragraphs immediately following the table. If the price is at or above $[23.50] (the “Maximum Purchase Price”) 0 Units If the price is greater than or equal to $[22.00] and less than or equal to $[23.50] [125,000] Units If the price is greater than or equal to $[20.00] and less than $[22.00] [250,000] Units If the price is less than $[20.00] [500,000] Units If the price drops into a lower price range during a given Exchange Business Day, then so long as the price remains in such lower price range, Barclays shall increase purchases to buy up to the Daily Purchase Amount for the corresponding lower price range. If the price increases to a higher price range during a given Trading Day and Barclays has already exceeded the Daily Purchase Amount corresponding to the higher price range, then Barclays shall not make any additional purchases within such higher price range; however, if Barclays has not exceeded the Daily Purchase Amount in the higher price range, then Barclays shall continue to buy Units up to the Daily Purchase Amount for such higher price range.