Mandatory Purchase Price definition

Mandatory Purchase Price means the higher of the Average Market Price for the Listed Shares and the Average Market Price for the Common Units, in each case for the ten consecutive Trading Day period ending on the Trading Day immediately prior to the date of the Mandatory Purchase Event.
Mandatory Purchase Price means an amount equal to (i) 100% of the aggregate principal amount of the Series 2018 Bond subject to mandatory purchase on the Mandatory Purchase Date and any accrued interest thereon to but not including the Mandatory Purchase Date and (ii) all of the other Obligations.

Examples of Mandatory Purchase Price in a sentence

  • Section 401.Mandatory Purchase of Bonds and Mandatory Purchase Price.

  • Where the Parent has specified in the Mandatory Transfer Notice that the sale consideration shall be paid in cash, the Mandatory Purchase Price shall be paid by electronic transfer of funds against delivery of share certificates or other instruments representing such Leaver’s Shares purchased or other necessary or appropriate transfer documentation (“ Leaver Completion”).

  • The Mandatory Purchase Price shall, as the Parent may elect, be payable in cash or ordinary shares in the Parent as specified in the Mandatory Transfer Notice.

  • No Leaver shall be entitled pursuant to an event of the kind referred to in either Article 4.2 or 4.3 to receive any Surplus Assets or Exit Proceeds (as the case may be) in excess of the Mandatory Purchase Price.

  • It is argued that these two pools do not have an appreciable impact on large scale nutrient and carbon distributions because there is very little net organic mat- ter export from the euphotic zone in these dissolved forms.

  • The Series 2018 Bond shall be subject to mandatory purchase by the District at the Mandatory Purchase Price on the Mandatory Purchase Date, subject to the provisions of Section 4 hereof.

  • Upon Xxxxxx's receipt of the Mandatory Purchase Price and all rental payments, all sales and use taxes arising on the sale of the Equipment and all other amounts owing under this Lease or othenvise owing to Lessor, and request by Lessee, Lessor will deliver such lien releases, certificates and UCC amendments as Lessor deems necessary lo reflect the satisfaction of Lessor's security interest in the Equipment.


More Definitions of Mandatory Purchase Price

Mandatory Purchase Price shall have the meaning ascribed to such term in Section 702 of the Company Lease Agreement relating to the acceleration of the Bonds of any Series, including the Series 2012 Bonds.
Mandatory Purchase Price means a price equal to 100% of the par amount plus accrued interest to the Mandatory Purchase Date.
Mandatory Purchase Price has the meaning set forth in the Bond Indenture.
Mandatory Purchase Price shall have the meaning ascribed thereto in Section 4.07(c) hereof;
Mandatory Purchase Price has the meaning assigned to such term in Section 8(d).
Mandatory Purchase Price means the higher of the Average Market Price for the Listed Shares and the Average Market Price for the Common Units, in each case as determined by the 10 consecutive Trading Day period ending on the Trading Day immediately prior to the date of the Mandatory Purchase Event.

Related to Mandatory Purchase Price

  • Mandatory Purchase means the mandatory purchase of Outstanding VRDP Shares by the Liquidity Provider pursuant to this Agreement in connection with a Mandatory Purchase Event.

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

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

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

  • 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.

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

  • Mandatory Purchase Event means, (i) in connection with the termination of this Agreement due to its expiration as of a Scheduled Termination Date, by the fifteenth (15th) day prior to any such Scheduled Termination Date, (a) the Liquidity Provider shall not have agreed to an extension or further extension of the Scheduled Termination Date to a date not earlier than 180 days from the Scheduled Termination Date of this Agreement then in effect, and (b) the Fund shall not have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Shares Purchase Agreement with a termination date not earlier than 180 days from the Scheduled Termination Date of this Agreement, or (ii) in connection with the termination of this Agreement due to a Liquidity Provider Ratings Event or Related Party Termination Event, by the fifteenth (15th) day prior to the Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, the Fund shall not have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Shares Purchase Agreement with a termination date not earlier than 180 days from the Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, of this Agreement. The Mandatory Purchase Event shall be deemed to occur on such fifteenth (15th) day prior to any Scheduled Termination Date, Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be.

  • Redemption Call Purchase Price has the meaning ascribed thereto in section 5.2(a);

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

  • 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.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

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

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Repurchase Price means, with respect to any Loan the Book Value, adjusted to reflect changes to Book Value after Bank Closing, plus (i) any advances and interest on such Loan after Bank Closing, minus (ii) the total of amounts received by the Assuming Bank for such Loan, regardless of how applied, after Bank Closing, plus (iii) advances made by Assuming Bank, plus (iv) total disbursements of principal made by Receiver that are not included in the Book Value.

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

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

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

  • Redemption Price or Repurchase Price means the amount to be paid to the relevant Holder upon redemption of that Unit, such amount to be determined pursuant to this document.

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

  • Fundamental Change Purchase Price has the meaning specified in Section 5.01(a).

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