Initial Closing Subscription Amount definition

Initial Closing Subscription Amount means, with respect to EnTrust, $20,408,163.20 less an amount equal to the product of (x) $20,408,163.20 divided by $25,510,204.00 and (y) the Upfront Fee, and with respect to EG Sponsor, $0.
Sample 1Sample 2Sample 3
Initial Closing Subscription Amount means, with respect to each Purchaser, the aggregate amount to be paid for the Preferred Shares purchased hereunder at the Initial Closing as indicated on Schedule I attached hereto under the heading “Initial Closing Subscription Amount” in United States dollars and in immediately available funds.
Sample 1
Initial Closing Subscription Amount means, with respect to EnTrust, $20,408,163.20 less an amount equal to the product of (x) $20,408,163.20 divided by
Sample 1

Examples of Initial Closing Subscription Amount in a sentence

  • On the Initial Closing Date, upon the terms and subject to the conditions set forth herein, the Company agrees to sell, and each Purchaser agrees, severally and not jointly, to purchase shares of Preferred Stock and Warrants in the amount set forth opposite such Purchaser’s name on Exhibit A under the heading “Initial Closing Date” in exchange for the such Purchaser’s applicable Initial Closing Subscription Amount.

  • Name of Purchaser: Sxxxxxxxx Xxxxxxxxxx Address of Purchaser: Signature of Authorized Signatory of Purchaser: /s/ Sxxxxxxxx Xxxxxxxxxx Name of Authorized Signatory: Title of Authorized Signatory: Address for Delivery of Securities to Purchaser (if not same as address for notice): Aggregate Initial Closing Subscription Amount: US$25,000 Closing Shares: 16.67 Closing Class A Warrants: 23,630 EIN Number, if applicable, will be provided under separate cover.

  • Xxxxxx Name of Authorized Signatory: Title of Authorized Signatory: Address for Delivery of Securities to Purchaser (if not same as address for notice): Aggregate Initial Closing Subscription Amount: US$50,000 Closing Shares: 33.33 Closing Class A Warrants: 47,259 EIN Number, if applicable, will be provided under separate cover.

  • Address for Delivery of Securities to Purchaser (if not same as address for notice): Facsimile Number: (000) 000-0000 E-mail Address: Xxxx@xxxxxx.xxx Initial Closing Subscription Amount: $50,000 Subscription Date: June 10, 2024 Initial Closing Shares of Preferred Stock: 50 TO: DATE: ___, 2024 We refer to the Securities Purchase Agreement, dated [ ], 2024 (the “Agreement”), entered into by and between Formation Minerals, Inc., and you.

  • At the Initial Closing, each Purchaser shall wire its Initial Closing Subscription Amount, in United States dollars and in immediately available funds, to the Company’s account set forth on Exhibit C hereto or such other account as may be designated in writing by the Company at least two (2) Business Days in advance.

  • Name of Purchaser: Fxxxx Xxxxxxxx Address of Purchaser: Signature of Authorized Signatory of Purchaser: /s/ Fxxxx Xxxxxxxx Name of Authorized Signatory: Title of Authorized Signatory: Address for Delivery of Securities to Purchaser (if not same as address for notice): Aggregate Initial Closing Subscription Amount: US$25,000 Closing Shares: 16.67 Closing Class A Warrants: 23,630 EIN Number, if applicable, will be provided under separate cover.

  • Name of Purchaser: Cxxx & Sxxxxxx Xxxxxxxx Trust Address of Purchaser: Signature of Authorized Signatory of Purchaser: /s/ Cxxx X Xxxxxxxx Name of Authorized Signatory: Cxxx X Xxxxxxxx Title of Authorized Signatory: Owner/Trustee Address for Delivery of Securities to Purchaser (if not same as address for notice): Aggregate Initial Closing Subscription Amount: US$400,000 Closing Shares: 266.67 Closing Class A Warrants: 378,072 EIN Number, if applicable, will be provided under separate cover.

  • Such notice must be given, if at all, within ten (10) Business Days after the occurrence of the Milestone, to each Purchaser who participated in the Initial Closing with respect to an amount of Subsequent Closing Subscription Amount equal to each such Purchaser’s Initial Closing Subscription Amount.

Related to Initial Closing Subscription Amount

  • Subscription Amount means, as to each Purchaser, the aggregate amount to be paid for Shares and Warrants purchased hereunder as specified below such Purchaser’s name on the signature page of this Agreement and next to the heading “Subscription Amount,” in United States dollars and in immediately available funds.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Subscription Price has the meaning set forth in Section 2.1.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Minimum Subsequent Subscription means, in relation to the Euro RDR ‘Retail’ Hedged

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.

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

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • 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.

  • Second Closing has the meaning set forth in Section 2.2.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Final Purchase Price has the meaning set forth in Section 2.02.

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

  • Per Pre-Funded Warrant Purchase Price equals $0.0001, subject to adjustment for reverse and forward share splits, share dividends, share combinations and other similar transactions relating to shares of Common Stock that occur after the date of this Agreement.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.