Initial Transaction definition

Initial Transaction refers to the Secured Convertible Debenture Purchase Agreement dated September 26, 2000, between AJW Partners, LLC and New Millennium Capital Partners II, LLC, pursuant to which the Company issued and sold to AJW and New Millennium, an aggregate principal amount of $1,500,000 of the Company's 10% Secured Convertible Debentures.

Initial Transaction has the meaning assigned thereto in Section 1.

Initial Transaction means one of them;

Examples of Initial Transaction in a sentence

• With respect to the Initial Transaction Vote, the Company shall cause all of the Initial Stockholders to vote all shares of Common Stock owned by them and acquired prior to this offering (the “Initial Shares”), in accordance with the vote of the majority of the IPO Shares (as hereinafter defined) voted (in person or by proxy), at a meeting of the Company’s stockholders called for the Initial Transaction Vote.

• Each Instruction to Register Pledge referred to in such Pledge Agreements shall have been delivered to the Borrower and its Subsidiaries, and each Initial Transaction Statement referred to in such Pledge Agreements shall have been delivered to the Administrative Agent, as are required by any of the Pledge Agreements.

• With respect to the Initial Transaction Vote, the Company shall cause all of the Initial Stockholders to vote the shares of Common Stock owned by them immediately prior to this offering in accordance with the vote of the holders of a majority of the IPO Shares (as hereinafter defined) present, in person or by proxy, at a meeting of the Company’s stockholders called for the Initial Transaction Vote.

• The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate an Initial Transaction within the time period(s) specified in the Registration Statement.

• All Income in respect of the Transaction Assets, which may, except with respect to the Initial Transaction Asset, include payments in respect of associated Hedging Transactions, shall be deposited directly into, or, if applicable, remitted directly from the applicable underlying collection account to, the Collection Account.

More Definitions of Initial Transaction

Initial Transaction has the meaning set forth in the recitals to this Agreement. “Investment Agreement” has the meaning set forth in the recitals to this Agreement. Agreement.

Initial Transaction shall have the meaning set forth in the recitals.

Initial Transaction has the meaning set forth in Section 1 hereof. 126103752\V-5

Initial Transaction means the first to occur following the date hereof of the Initial Acquisition or the Initial Financing.

Initial Transaction. The Transaction entered into between Buyer and Seller in which the Initial Trust Interests are sold by Seller to Buyer.

Initial Transaction has the meaning set forth in paragraph C of the Recitals hereto.

Initial Transaction means (i) the Refinancing Transaction, (ii) the issuance of the Senior Notes, (iii) the CRHC Merger and (iv) the entering into of this Agreement and the incurrence of Loans on the Effective Date.