Interest Sale Notice definition

Interest Sale Notice has the meaning set forth in Section 15.2.
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Interest Sale Notice has the meaning set forth in Section 11.4(a) hereof.
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Examples of Interest Sale Notice in a sentence

  • The Interest Sale Notice shall state the class, series or subclass of New Securities proposed to be sold, the aggregate number of New Securities proposed to be sold, the purchase price per New Security and any other material terms or conditions of the offering.

  • To make an election, a Member shall provide a written notice (each such notice, a “Interest Purchase Notice”) to the Company of such election within fifteen (15) Business Days after the date of the Interest Sale Notice (the “Interest Sale Election Period”), which notice shall include the number of New Securities that the Member desires to purchase.

  • The Company or the Company’s Subsidiary, as applicable, must consummate the sale of the New Securities to those recipients of the Interest Sale Notice who elect to purchase the New Securities within ten (10) Business Days after the expiration of the Interest Sale Election Period, unless the Company and the Member recipient mutually agree to a different schedule for closing.

  • The Interest Sale Notice will identify the proposed purchaser, the percentage of Common Stock to be sold, the proposed amount and form of consideration to be paid per share, the terms and conditions of payment and, if the consideration in the Interest Sale is cash, the Interest Sale Date.

  • If the consideration in the Interest Sale is cash, the Selling Shareholder shall give the Interest Sale Notice at least ten (10) business days prior to the proposed date of the Interest Sale ("Interest Sale Date").

  • On the Interest Sale Date, the Selling Shareholder and the Nonselling Shareholder shall deliver certificates, notes and instruments of assignment for the securities to be sold in the Interest Sale, duly endorsed for transfer (accompanied as appropriate by stock power or powers and other appropriate instruments of assignment duly executed), to the purchaser in the manner and at the address indicated in the Interest Sale Notice, against delivery of the agreed purchase price.

  • Prior to making any Interest Sale, the Selling Shareholder shall provide the Nonselling Shareholder with written notice (the "Interest Sale Notice").

  • In all other situations, the Interest Sale Date shall not take place until ten (10) business days following the receipt by the Nonselling Shareholder of all information about the Interest Sale that the Nonselling Shareholder reasonably requests within five (5) business days of receiving the Interest Sale Notice.

  • In lieu of any fractional shares which would otherwise be issuable, MPA shall pay, subject to the Subordination Agreement and the Limitation, cash equal to the product of such fraction multiplied by the closing price of one Unpaid Interest Share as reported by the applicable Trading Market (as defined in the Warrant) on the date of the Unpaid Interest Sale Notice.

  • Notwithstanding anything herein to the contrary, upon delivery of an Unpaid Interest Sale Notice, neither Fenco nor MPA (on Fenco’s behalf) may repay all or any portion of the Unpaid Interest subject to such Unpaid Interest Sale Notice other than as set forth in Section 3(a) or until WAC rescinds such Unpaid Interest Sale Notice.

Related to Interest Sale Notice

  • Co-Sale Notice has the meaning set forth in Section 5.3.

  • Sale Notice has the meaning set forth in Section 3.04(b).

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Term SOFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.

  • Interest Notice Period shall have the meaning set forth in Section 2(a).

  • Funding Notice means a notice substantially in the form of Exhibit A.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • 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.

  • 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.

  • Drag-Along Notice has the meaning set forth in Section 3.03(b).

  • Transfer Notice Date has the meaning given to it in Section 2.06.

  • Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase in accordance with this Statement and the VRDP Purchase Agreement.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Interest Option means LIBOR or the Reference Rate.

  • Shelf Offering Notice has the meaning set forth in Section 1(d)(i).

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • ROFR Notice has the meaning set forth in Section 3.02(d).

  • Interest Portion means that portion of Trust Bond Loan Repayments payable by a Borrower under such Borrower’s Loan Agreement that is necessary to pay any such Borrower’s proportionate share of interest on the Bonds (i) as set forth in Exhibit A-2 of any such Loan Agreement under the column heading entitled “Interest”, or (ii) with respect to any prepayment or acceleration, as the case may be, of Trust Bond Loan Repayments in accordance with Section 3.07 or 5.03 of any such Loan Agreement, to accrue on any principal amount of Trust Bond Loan Repayments to the date of the redemption or acceleration, of the Bonds allocable to such prepaid or accelerated Trust Bond Loan Repayment.

  • Purchaser Interest means, at any time, an undivided percentage ownership interest (computed as set forth below) associated with a designated amount of Capital, selected pursuant to the terms and conditions hereof in (i) each Receivable arising prior to the time of the most recent computation or recomputation of such undivided interest, (ii) all Related Security with respect to each such Receivable, and (iii) all Collections with respect to, and other proceeds of, each such Receivable. Each such undivided percentage interest shall equal: where: C = the Capital of such Purchaser Interest. AR = the Aggregate Reserves. NRB = the Net Receivables Balance. Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the Amortization Date, each Purchaser Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. The variable percentage represented by any Purchaser Interest as computed (or deemed recomputed) as of the close of the business day immediately preceding the Amortization Date shall remain constant at all times thereafter.

  • Offering Notice has the meaning set forth in Section 4.3(b).

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

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).