First Repricing Period definition

First Repricing Period shall commence on April 1, 2001, and end twenty (20) Business Days after such date. If the average Closing Bid Price for the twenty (20) Business Days during the First Repricing Period (the "First Repricing Price"), is not equal to or greater than [$5.263 x 1.28], then Purchaser may request that up to 200,000 Shares shall be repriced (the "First Repriced Shares"). The Company shall issue to Purchaser the number of additional Shares as determined according to the following formula: ((5.263 x 1.28 - First Repricing Price) x (200,000)/ First Repricing Price)
Sample 1
First Repricing Period shall commence on the earlier of (a) the day that is ninety (90) days after the Closing Date or (b) the Effective Date, and end thirty (30) days after such date. If the lowest average Closing Bid Price for any ten (10) (not necessarily consecutive) Business Days during the First Repricing Period (the "First Repricing Price"), is not equal to or greater than 117.5% of the Initial Closing Price, then up to one-fourth (1/4) of the Initial Shares shall be repriced (the "First Repriced Shares"). The Company shall issue to Purchaser the number of additional Shares as determined according to the following formula:
Sample 1
First Repricing Period shall commence on the later of (a) the day that is ninety (90) days after the Closing Date or (b) the Effective Date, and end thirty (30) days after such later date. If the average Closing Bid Price for any five (5) Business Days (not necessarily consecutive) during the First Repricing Period (the "First Repricing Price"), is not equal to or greater than 117% of the Initial Closing Price, then Purchaser may request that up to one-third (1/3) of the Initial Shares be repriced (the "First Repriced Shares"). Purchaser shall provide facsimile notice to the Company substantially in the form of Exhibit 2 hereto, within three (3) Business Days of the end of the First Repricing Period concerning the number of the First Repriced Shares, if any, that Purchaser wishes to reprice. Upon receipt of facsimile notice that Purchaser wishes to reprice some or all of the First Repriced Shares, the Company may elect to issue to Purchaser the number of additional Shares as determined according to the following formula:
Sample 1

Examples of First Repricing Period in a sentence

  • If the lowest average Closing Bid Price for any five (5) Business Days (not necessarily consecutive) during the First Repricing Period (the "FIRST REPRICING PRICE"), is not equal to or greater than 120% of the Initial Closing Price, then one-third (1/3) of the Initial Shares shall be repriced (the "FIRST REPRICED SHARES").

  • If the average Closing Bid Price for any lowest five (5) Business Days (not necessarily consecutive) during the First Repricing Period (the "First Repricing Price"), is not equal to or greater than [$2.25 x 1.40], then one-third (1/3) of the Initial Shares shall be repriced (the "First Repriced Shares").

  • Purchaser shall provide facsimile notice to the Company substantially in the form of Exhibit 2 hereto, within three (3) Business Days of the end of the First Repricing Period concerning the number of the First Repriced Shares, if any, that Purchaser wishes to reprice.

  • The "Second Repricing Period" shall commence on the day immediately following the First Repricing Period and end twenty (20) Business Days thereafter.

  • The Purchasers shall provide facsimile notice ") substantially in the form attached hereto as Exhibit F, (a "Repricing Notice") to the Company within three (3) Business Days of the end of the First Repricing Period concerning the number of the First Repriced Shares, if any, that the Purchasers wish to reprice.

  • The number of Repricing Shares to be included in the Conversion Rate is as follows: -2- 3 (i) First Repricing Period.

  • If the average of the five (5) lowest Closing Bid Prices during the First Repricing Period (the "FIRST REPRICING PRICE") is not equal to or greater than $3.76, then Purchaser may request that up to 444,444 Shares shall be repriced.

  • If the average Closing Bid Price for any five (5) Business Days (not necessarily consecutive) during the First Repricing Period (the "First Repricing Price"), is not equal to or greater than 117% of the Initial Closing Price, then Purchaser may request that up to one-third (1/3) of the Initial Shares be repriced (the "First Repriced Shares").

  • This notice must inform the patient that continued non-compliance will result in an order requiring attendance for treatment (s.

  • The "Second Repricing Period" shall commence on the day immediately following the First Repricing Period and end thirty (30) days thereafter.


More Definitions of First Repricing Period

First Repricing Period means the period commencing 120 days following the Issuance Date and concluding 150 days following the Issuance Date.
Sample 1

Related to First Repricing Period

  • Repricing Transaction the prepayment, refinancing, substitution or replacement of all or a portion of the Initial Term Loans (including, without limitation, as may be effected through any amendment, waiver or modification to this Agreement relating to the interest rate for, or weighted average yield of, the Initial Term Loans), (a) if the primary purpose of such prepayment, refinancing, substitution, replacement, amendment, waiver or modification is (as reasonably determined by the Parent Borrower in good faith) to refinance the Initial Term Loans at a lower “effective yield” (taking into account, among other factors, margin, upfront or similar fees or original issue discount shared with all providers of such financing, but excluding the effect of any arrangement, commitment, underwriting, structuring, syndication or other fees payable in connection therewith that are not shared with all providers of such financing, and without taking into account any fluctuations in the Adjusted LIBOR Rate, but including any LIBOR floor or similar floor that is higher than the then Adjusted LIBOR Rate), (b) if the prepayment, refinancing, substitution, replacement, amendment, waiver or modification is effectuated by the incurrence by the Parent Borrower or any Subsidiary of new Indebtedness, such new Indebtedness is first lien secured bank financing, and (c) if such prepayment, refinancing, substitution, replacement, amendment, waiver or modification results in first lien secured bank financing having an “effective yield” (as reasonably determined by the Administrative Agent, in consultation with the Parent Borrower, consistent with generally accepted financial practices, after giving effect to, among other factors, margin, upfront or similar fees or original issue discount shared with all providers of such financing (calculated based on assumed four-year average life and without present value discount), but excluding the effect of any arrangement, commitment, underwriting, structuring, syndication or other fees payable in connection therewith that are not shared with all providers of such financing, and without taking into account any fluctuations in the Adjusted LIBOR Rate, but including any LIBOR floor or similar floor that is higher than the then applicable Adjusted LIBOR Rate) that is less than the “effective yield” (as reasonably determined by the Administrative Agent, in consultation with the Parent Borrower, on the same basis) of the Initial Term Loans prior to being so prepaid, refinanced, substituted or replaced or subject to such amendment, waiver or modification to this Agreement.

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

  • 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.

  • Financing Period means the number of calendar days from, but excluding, the immediately preceding Reset Date to, and including, the current Reset Date.

  • Repricing Event has the meaning specified in Section 2.10(a)(ii).

  • Interim Servicing Period The period from the Closing Date to the related Servicing Transfer Date.

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

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

  • Acquisition Period means the period beginning, at the election of the Company, with the funding date of the purchase price for a Specified Acquisition and ending on the earliest of (a) the third following fiscal quarter end, (b) the Company’s receipt of proceeds of a Specified Equity Offering; and (c) the Company’s election in writing to terminate such Acquisition Period.

  • Rating period means the calendar period for which premium rates established by a small employer carrier are assumed to be in effect.

  • First Repayment Date means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche;

  • Wind-Down Period is defined in Section 12.5 of this Agreement.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2009-VFN Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • REO Disposition Period As defined in Section 3.14. REO Proceeds: Proceeds, net of any related expenses of the Servicer, received in respect of any REO Property (including, without limitation, proceeds from the rental of the related Mortgaged Property) which are received prior to the final liquidation of such Mortgaged Property.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Change of Control Put Period means the period of 45 days after a Change of Control Put Event Notice is given;

  • Make-Whole Fundamental Change Period shall have the meaning specified in Section 14.03(a).

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

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

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

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