Draw Down Pricing Period definition

Draw Down Pricing Period means, with respect to each Draw Down, a period of eight (8) consecutive Trading Days beginning on the first Trading Day specified in a Draw Down Notice.

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Draw Down Pricing Period means a period of twenty (20) consecutive Trading Days following a Draw Down Notice, or such other period mutually agreed upon by the Purchaser and the Company.

Draw Down Pricing Period means each period of 5 consecutive Trading Days following the delivery by the Company of a Draw Down Notice, the first of such periods commencing on the date specified in the Draw Down Notice; provided, however, the first Draw Down Pricing Period and any subsequent Draw Down Pricing Period commencing after a suspension notice is delivered, shall not begin before the day on which receipt of such notice is delivered to Purchaser pursuant to Section 8.3 herein.

Examples of Draw Down Pricing Period in a sentence

If Shares delivered to the Purchaser prior to commencement of the Draw Down Pricing Period are delivered in certificated form and not DWAC Eligible, then the Draw Down Pricing Period shall not begin until the Shares are cleared by an appointed clearing agent.
In addition, during any Draw Down Pricing Period other than the Initial Draw Down Pricing Period and on a daily Trading Day basis, the Purchaser agrees to restrict the volume of sales of Shares by the Purchaser, its Affiliates and any entity managed by the Purchaser to no more than 1/15th of the Shares purchased pursuant to the related Draw Down Notice.
The Parties acknowledge and agree that, notwithstanding anything to the contrary in this Agreement, that any exercise by the Purchaser to shorten the Initial Draw Down Pricing Period shall not affect the Purchaser's ability to sell or trade Common Shares during Initial Draw Down Pricing Period, and that no restrictions, including any restriction set out in Section 4.10, shall apply to the Purchaser's ability to sell or trade Common Shares during the Initial Drawdown Pricing Period.
If the Daily Closing Price on a given Trading Day in the Draw Down Pricing Period, multiplied by 9/10, is less than the Threshold Price, then the total Draw Down Amount Requested will be reduced by 1/15th, and, unless otherwise agreed by the Parties, no Shares will be purchased or sold with respect to such Trading Day and the Daily Closing Price on such Trading Day shall be excluded from the calculation of the Purchase Price.
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 Pricing Period

Draw Down Pricing Period means a period of twenty-two (22) consecutive Trading Days preceding a Draw Down Exercise Date.

Draw Down Pricing Period means a period of twenty (20) consecutive Trading Days commencing on the first Trading Day designated as the start date of such draw down pricing period in the Draw Down Notice, or such other period mutually agreed upon by the Purchaser and the Company.

Draw Down Pricing Period shall have the meaning assigned to such term in Section 6.1(a) hereof.

Draw Down Pricing Period means each period of 5 consecutive Trading Days following the delivery by the Company of a Draw Down Notice, the first of such periods commencing on the date specified in the Draw Down Notice and subsequent periods, if any, described in the Draw Down Notice, commencing on the fourth Trading Day following the immediately preceding Draw Down Pricing Period, such subsequent periods, if any, continuing until such time that the Company delivers to the Purchaser a subsequent suspension notice, which notice must be delivered on or before the end of the prior Draw Down Pricing Period; provided, however, that the first Draw Down Pricing Period and any subsequent Draw Down Pricing Period commencing after a suspension notice is delivered shall not begin before the day on which such notice is delivered to Purchaser pursuant to Section 8.3 herein.

Draw Down Pricing Period means --------------------------- a period of twenty-two (22) consecutive Trading Days beginning on the date specified in the Draw Down Notice (as defined in Section 6.1(e) hereof); PROVIDED, HOWEVER, the Draw Down Pricing Period shall not begin before the day on which receipt of such notice is confirmed by the Purchaser.

Draw Down Pricing Period means a period of 22 consecutive trading days preceding a Draw Down Exercise Date.

Draw Down Pricing Period means each period of 15 consecutive Trading Days following the delivery by the Company of a Draw Down Notice, the first of such periods commencing on the date specified in the Draw Down Notice; provided, however, the first Draw Down Pricing Period and any subsequent Draw Down Pricing Period commencing after a suspension notice is delivered, shall not begin before the day on which receipt of such notice is delivered to Purchaser pursuant to Section 8.3 herein.