Drawdown Pricing Period definition

Drawdown Pricing Period means the lower of a) average closing bid price of the Shares for the previous ten (10) Trading Days immediately preceding the date on which the applicable Drawdown Notice is delivered to the Buyer, or b) the closing bid on the date of Drawdown Notice.
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Drawdown Pricing Period means in relation to a Drawdown Notice the period of 5 consecutive Trading Days commencing on (and including) the Drawdown Notice Date.
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Examples of Drawdown Pricing Period in a sentence

  • Xxxxxxxxx XXXXX DATE: ______________, 2005 PURCHASE PRICE PER SHARE: $0.0001 per share TOTAL NUMBER OF SHARES OF RESTRICTED STOCK: [__________] VESTING SCHEDULE: The Shares shall be released from the Company's Repurchase Option set forth in Section 3.1 of the Restricted Stock Agreement on the dates and in the percentages indicated in Exhibit B to this Grant Notice.

  • During any Trading Day during the Drawdown Pricing Period sales of Drawdown Shares pursuant to the Registration Statement shall not be suspended by the Company for more than 3 hours, in the aggregate.

  • During the Drawdown Pricing Period through the Settlement Date, all of the Equity Conditions have been met.

  • The issuance of the Drawdown Shares as to a Drawdown and the payment of the Investment Amount as to a Drawdown shall occur within one (1) Trading Day of the end of the applicable Drawdown Pricing Period (the “Settlement Date”).

  • The Subscriber agrees not to sell on any Trading Day during the Drawdown Pricing Period more than 1/5th of the number of Shares estimated by Fortrend Securities to be subscribed for on the Drawdown Date at the end of that Drawdown Pricing Period.

  • Shares sold by the Subscriber during the Drawdown Pricing Period must be Shares already held by the Subscriber.

Related to Drawdown Pricing Period

  • 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.

  • Drawdown Period means the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • Drawdown means a drawdown of a Facility.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Applicable Unscheduled Principal Receipt Period With respect to the Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal Receipt Period specified on Schedule I hereto, as amended from time to time by the Master Servicer pursuant to Section 10.01(b) hereof.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Advance Date means the funding date of any Advance.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Loan Period means with respect to any LIBOR Rate Loan, the period commencing on such LIBOR Rate Loan’s Funding Date, the date of the Conversion of any Base Rate Loan into such LIBOR Rate Loan or the date of the Continuation of such LIBOR Rate Loan for a new Loan Period and ending one week or one, two, three or six months thereafter as selected by the Borrower pursuant to Section 2.2(a); provided, however, that:

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Applicable Interest Period for each Credit Facility has the meaning specified for that Credit Facility in the Credit Facility Schedule; provided, however, that, at any time that the Applicable Prime Rate is the Applicable Index Rate, Applicable Interest Period shall mean the period commencing as of the most recent Applicable Interest Rate Determination Date and continuing until the next Applicable Interest Rate Determination Date or such earlier date as the Applicable Prime Rate shall no longer be the Applicable Index Rate; and provided, further, that, at any time the Libor Rate Index is adjusted as set forth in the definition thereof, or re-implemented following invocation of the Applicable Prime Rate as permitted herein, the Applicable Interest Period shall mean the period commencing as of such adjustment or re-implementation and continuing until the next Applicable Interest Rate Determination Date, if any.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.