Draw Down Amount definition

Draw Down Amount means the actual amount of proceeds to be paid by the Purchaser in connection with a Draw Down.

Draw Down Amount means the actual amount of a Draw Down paid to the Company.

Draw Down Amount means the actual amount of proceeds received by the Company pursuant to a Draw Down under this Agreement.

Examples of Draw Down Amount in a sentence

• In no event shall any Draw Down Amount exceed the Maximum Draw Down Amount.

• In addition to the Draw Down Amount, each Draw Down Notice shall designate the first Trading Day of the Draw Down Pricing Period.

• If trading in the Company’s Common Stock is suspended for any reason for more than three (3) consecutive or non-consecutive hours during any Trading Day during a Draw Down Pricing Period, such Trading Day shall not be used in calculating the number of Shares to be issued in connection with such Draw Down, and the Draw Down Amount in respect of such Draw Down Pricing Period shall be reduced by one eighth (1/8th) of the initial Draw Down Amount specified in the Draw Down Notice.

• During the Commitment Period, the Company may, in its sole discretion, issue a Draw Down Notice (as hereinafter defined) which shall specify the dollar amount of Shares the Company elects to sell to the Investor (each such election, a “Draw Down”) up to a Draw Down Amount equal to the Maximum Draw Down Amount, which Draw Down the Investor shall be obligated to accept.

• The date the Company delivers the Draw Down Notice and the Shares in accordance with this Section 6.01(h) shall be a “Draw Down Exercise Date.” The Draw Down Notice shall specify the Draw Down Amount Requested, set the Threshold Price for such Draw Down and designate the first Trading Day of the Draw Down Pricing Period that the Company wishes to grant to the Purchaser during the Draw Down Pricing Period.

More Definitions of Draw Down Amount

Draw Down Amount means up to a maximum of that number of Shares registered as the Commitment Fee on a rolling basis from time to time.

Draw Down Amount means the actual amount of a Draw Down up to $16,000,000.

Draw Down Amount means the actual amount of a Draw Down up to ---------------- $6,000,000 in any Draw Down Pricing Period or such other amount mutually agreed upon by the Purchaser and the Company.

Draw Down Amount shall have the meaning set forth in Section 5.1(a).

Draw Down Amount means the actual amount of a Draw Down up to the amount permitted by Section 6.1(a) hereof in any Draw Down Pricing Period or such other amount mutually agreed upon by the Purchaser and the Company.

Draw Down Amount means the actual amount of a Draw Down up to $1,550,000 or such other amount mutually agreed upon by the Purchaser and the Company.

Draw Down Amount means the actual amount of a Draw Down, with a minimum amount of $200,000 and a maximum amount of $1,000,000, unless otherwise increased pursuant to the terms of Section 6.1(a) hereof.