Initial Purchase Notice definition

Initial Purchase Notice means, with respect to the Initial Purchase made pursuant to Section 2(a) hereof, as applicable, an irrevocable written notice from the Company to the Investor directing the Investor to buy the Initial Purchase Shares as specified by the Company therein at the Initial Purchase Price within 10 days of the date hereof.
Initial Purchase Notice shall have the meaning assigned to such term in the recitals hereof.
Initial Purchase Notice means a written notice from Company, substantially in the form of Exhibit A hereto, to the Investor setting forth the Purchase Notice Shares which the Company requires the Investor to purchase pursuant to the terms of this Agreement.

Examples of Initial Purchase Notice in a sentence

  • The Company shall deliver the Purchase Notice Shares as DWAC Shares to the Designated Brokerage Account alongside the delivery of the Initial Purchase Notice.

  • The Initial Purchase Notice shall be given to the Selling Holder within twenty (20) days after receipt of the Notice, in the case of a proposed Private Sale, and within fifteen (15) days after receipt of the Notice, in the case of a proposed Public Sale.

  • The Closing of the Initial Purchase Notice shall occur on the first Business Day following the Initial Purchase Date (the “Initial Purchase Closing Date”); whereby the Investor shall deliver to the Company, by 5:00 p.m. New York time on the Initial Purchase Closing Date, the applicable Initial Purchase Investment Amount by wire transfer of immediately available funds to an account designated by the Company.

  • If the Investor does not receive a valid Initial Purchase Notice from the Company by 9:00 am New York time on the Initial Purchase Date, the Initial Purchase Notice shall be void and the Company may only issue Purchase Notices in accordance with the terms of this agreement in lieu of the Initial Purchase Notice.

  • In the event thatan account becomes sixty days overdue, all scheduled advertising not already on the press will be cancelled until payment is made.

  • Beginning on the Commencement Date, and for two (2) Business Days thereafter, Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of the Initial Purchase Notice, to purchase 1,000,000 Purchase Shares at the Purchase Price (such purchase the “Initial Purchase” and such Purchase Shares, the “Initial Purchase Shares”).

  • The Initial Purchase Notice shall be deemed validly delivered on the Initial Purchase Date if (i) Exhibit A (Form of Initial Purchase Notice) is received by 9:00 a.m. New York time by email by the Investor and (ii) the DWAC of the applicable Purchase Notice Shares has been initiated and completed as confirmed by the Investor’s Designated Brokerage Account by 9:00 a.m. New York time.

  • On the Initial Purchase Date, the Company shall deliver an Initial Purchase Notice to Investor, subject to satisfaction of the conditions set forth in Section 7 and otherwise provided herein.

  • Each Initial Purchase Notice and the Secondary Purchase Notice pursuant to this Section 3 when taken together with the Stockholder's Notice shall constitute a legal, valid, binding and enforceable contract between the transferring Stockholder and the Remaining Stockholder(s) on the terms and conditions set forth therein.

  • If Exhibit A is received after 9:00 a.m. New York time or the DWAC of the applicable Purchase Notice Shares has not been completed as confirmed by the Investor’s Designated Brokerage Account by 9:00 a.m. New York time, then the Initial Purchase Notice shall become void and the Company may only issue Purchase Notices in accordance with the terms of this agreement in lieu of the Initial Purchase Notice (unless waived by Investor).


More Definitions of Initial Purchase Notice

Initial Purchase Notice means a purchase notice delivered to the Investor by the Company pursuant to Section 2(a), which, for the avoidance of confusion, may not be delivered more than once.
Initial Purchase Notice means the closing of a purchase and sale of shares of Common Stock as described in Section 2.2.
Initial Purchase Notice means the first Purchase Notice from the Company to the Investor.
Initial Purchase Notice means, with respect to the Initial Purchase pursuant to Section 2(a) hereof, an irrevocable written notice delivered by the Company to the Investor promptly following the Commencement on the Commencement Date, so that it is received by the Investor not later than 4:15 p.m., Eastern time, on the Commencement Date (confirmation of which shall be provided by the Investor to the Company promptly upon such receipt), directing the Investor to buy the Initial Purchase Shares at the Initial Purchase Price, calculated in accordance with this Agreement and specified by the Company therein, on the Commencement Date.

Related to Initial Purchase Notice

  • Initial Purchase Date means the date on which the first Purchase made pursuant to this Agreement shall occur.

  • VWAP Purchase Notice means an irrevocable written notice from the Company to the Buyer directing the Buyer to buy Purchase Shares on the VWAP Purchase Date pursuant to Section 1(c) hereof as specified by the Company therein at the applicable VWAP Purchase Price with the applicable VWAP Purchase Share Percentage specified therein.

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

  • Purchase Notice has the meaning set forth in Section 1.2.

  • Noteholder Purchase Notice has the meaning assigned to such term in Section 12.

  • Mandatory Purchase Notice means, in connection with the Mandatory Purchase of VRDP Shares, a notice substantially in the form attached to the VRDP Shares Purchase Agreement as Exhibit B, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider in accordance with the VRDP Shares Purchase Agreement specifying a Mandatory Purchase Date.

  • Regular Purchase Notice means, with respect to any Regular Purchase pursuant to Section 2(a) hereof, an irrevocable written notice from the Company to the Investor directing the Investor to buy such applicable amount of Purchase Shares at the applicable Purchase Price as specified by the Company therein on the Purchase Date.

  • Repurchase Notice has the meaning set forth in Section 8.6(a).

  • Exchange Notice has the meaning set forth in Section 2.1(a)(iii).

  • Fundamental Change Purchase Notice has the meaning specified in Section 3.02(a)(1) hereof.

  • Form of Fundamental Change Purchase Notice means the “Form of Fundamental Change Purchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.

  • Original Purchase Date means with respect to any Loan, the date such Loan was purchased by Town Hall Funding from the Master Depositor pursuant to the Conveyance Agreement.

  • Optional Purchase Date As defined in Section 8.01(a) of the Servicing Agreement. Optional Purchase Percentage: 10.00%.

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

  • Initial Purchase Agreement means the Purchase Agreement (including the related Blanket Endorsement, Initial Xxxx of Sale and any attachments thereto) substantially in the form of Attachment A hereto (of which these Master Terms form a part by reference), to be executed by VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding, which shall certify that the representations and warranties made by VL Funding as set forth in Sections 5(A) and (B) and by the Servicer as set forth in Section 5(C) of these Master Terms are true and correct as of the Closing Date.

  • Form of Fundamental Change Repurchase Notice means the “Form of Fundamental Change Repurchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.

  • Fundamental Change Repurchase Notice shall have the meaning specified in Section 15.02(b)(i).

  • Preliminary Purchase Event means any of the following events:

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

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Redemption Call Purchase Price has the meaning set out in Section 5.2(a).

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Accelerated Purchase Notice means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, an irrevocable written notice from the Company to the Investor directing the Investor to buy a specified Accelerated Purchase Share Amount on the applicable Accelerated Purchase Date pursuant to Section 2(b) hereof at the applicable Accelerated Purchase Price.

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

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