First Purchase definition

First Purchase is defined in Section 2.1(a).
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First Purchase means the purchase pursuant to Section 2.2 of Series B Preferred Shares having an aggregate Liquidation Preference of $3,000,000.
Sample 1

Examples of First Purchase in a sentence

  • The loan may be subordinated only to the First Purchase Money Mortgage.

  • The Rates approved should be valid for entire Year period from the date of First Purchase Order issued by AIIMS Bhopal to successful L-1 Agency.

  • Capital One will provide royalties to the Organization or to the Fiscal Sponsor of the Organization as addressed further herein, based on the initial purchase made on each new Account (a "First Purchase Royalty") and/or a transaction contribution based on a percentage of the Net Purchase Volume charged to each Card (an "Ongoing Purchase Contributions").

  • Any modifications to the First Purchase Royalty and/or the Ongoing Purchase Contribution will apply to the Accounts notified in advance of such modifications and to all Accounts activated after such modifications to the Organization Payments have been initiated.

  • The First Purchase Royalties and the Ongoing Purchase Contributions shall be collectively referred to as the "Organization Payments." Capital One will provide the Organization Payments on at least a quarterly basis.

  • It is due and payable when the buyer resells, borrows against the property or refinances the First Purchase Money Mortgage.

  • On the First Completion Date, Oxford shall pay or procure the Oxford Nominee to pay the First Purchase Price to ICPF in cash to an account nominated by ICPF in immediately available funds (or, failing nomination of a bank account, by bank cheque).

  • ICPF agrees to sell and transfer to Oxford (or the Oxford Nominee), and Oxford agrees for it or the Oxford Nominee to purchase from ICPF, all of the First Sale Securities for the First Purchase Price on the terms and conditions of this deed.

  • Recruitment of other clinical sites for participation in this trial further supports achievable accrual of 42 evaluable patients within 18 months.

  • Minimum amount for Application/Redemption First Purchase and SubsequentPurchaseRs. 1,000/- and any amount thereafter SIP PurchaseRs. 500/- and any amount thereafterMinimum amount for Redemption*Rs. 500/- *In case of Units held in dematerialized mode, the redemption request can be given only with DPs or on Stock exchange Platform; and only in number of Units and the provision pertaining to ‘Minimum amount for Redemption’ shall not be applicable to such investors.

Related to First Purchase

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Asset Purchase shall have the meaning set forth in the recitals.

  • Retail Purchase means a purchase of any goods or services by the use of the Card and may, at the Bank’s absolute discretion and without prior notice, include or exclude any Card transaction as may be determined by the Bank;

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Stock Purchase has the meaning set forth in the Recitals.

  • Purchase means taking by sale, lease, discount, negotiation, mortgage, pledge, lien, security interest, issue or reissue, gift, or any other voluntary transaction creating an interest in property.

  • Net Purchases means purchases of goods and services charged to the Account, less refunds and adjustments;

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Share Purchase has the meaning set out in Section 2.1.

  • Open Market Purchase shall have the meaning specified in Section 2(I)

  • Purchase Transaction means a purchase of scrap metal, or the purchase of property described in section 10 if the knowing purchase or offer to purchase that property is not prohibited by that section, by a scrap metal dealer. The term does not include any of the following:

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Subscription Trade Date means, subject to Condition 9.2, a Valuation Date on which a Subscription Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Per Unit Purchase Price equals $0.8670, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur between the date of this Agreement and the applicable Closing Date.

  • Incremental Purchase means a purchase of one or more Purchaser Interests which increases the total outstanding Aggregate Capital hereunder.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Stock Purchase Date has the meaning specified in the Stock Purchase Contract Agreement.

  • Purchase and Sale Agreement means that certain Purchase and Sale Agreement, dated as of the Closing Date, between the Transferor, as the seller, and the Borrower, as the purchaser, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Warrant Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).