Initial Purchase Price definition

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

Initial Purchase Price shall have the meaning set forth in Section 2.1.

Initial Purchase Price means the initial purchase price as set forth in the prospectus for a Series of the Trust;

Examples of Initial Purchase Price in a sentence

• If the IPO is not consummated within 14 days of the date the Initial Purchase Price is delivered to CST, the Initial Purchase Price shall be returned to the Purchaser by certified bank check or wire transfer of immediately available funds denominated in United States Dollars, without interest or deduction.

• In addition to Section 6.2(a) hereof, once distributions have been made on a Share sold during a Series’ Initial Offering Period equal in total to the Initial Purchase Price, then at all times thereafter Shares held by any Shareholder whom the Trust determines has died shall be automatically called and cancelled for no value, and all rights of that Shareholder, including rights to any distributions made by the Trust, shall terminate.

• The redemption price per Share shall be equal to (i) the Initial Purchase Price (even if the Shareholder purchased such Shares at a different price) exclusive of any sales charge, minus (ii) the total amount of distributions per Share such Series has made on Shares sold during its Initial Offering Period prior to the redemption; provided, however, that if the redemption price is negative pursuant to the above formula, then the redemption price shall be $0 (the “Redemption Price”).

• In addition to Section 6.2(a) hereof, until distributions have been made on a Share sold during a Series’ Initial Offering Period equal in total to the Initial Purchase Price, on or about the last business day of each February, May, August and November, the Trust shall redeem any Shares that are then held by any Shareholder whom the Trust determines has died prior to the start of the calendar quarter in which such redemption occurs.

• If the IPO Closing has not occurred by the date that is seven (7) Business Days after the date on which the Purchaser remitted the balance of its Initial Purchase Price to the Company’s transfer agent, then, unless the Purchaser otherwise agrees in writing, the Company will promptly cause its transfer agent to return such amounts to the Purchaser.

More Definitions of Initial Purchase Price

Initial Purchase Price means the price per share to be paid initially by Participants for shares of Conversion Stock subscribed for in the Subscription Offering and by Persons for shares of Conversion Stock ordered in the Community Offering and/or Syndicated Community Offering.

Initial Purchase Price means the dollar amount or other consideration specified as the "Initial Purchase Price" in the applicable Sale Agreement.

Initial Purchase Price shall have the meaning given in Section 3.1(a).

Initial Purchase Price has the meaning given in clause 3.3;

Initial Purchase Price means the amount to be paid by the Guarantor to the Seller in consideration of the sale by the Seller of the Initial Covered Bond Portfolio to the Guarantor;

Initial Purchase Price has the meaning set forth in Section 2.01(a) of the Sale Agreement.

Initial Purchase Price shall have the meaning set forth in Section 1.02(a) hereof.