Minimum Purchase definition

Minimum Purchase. The minimum aggregate amount of Notes denominated and payable in U.S. dollars which may be offered to any purchaser will be $1,000.

Minimum Purchase means the purchase by the Buyers of, or the Buyers’ failure to purchase when required by the Asset Purchase Agreement, Assets having an aggregate market value of at least $500,000,000 pursuant to the Asset Purchase Agreement.

Minimum Purchase. Unless otherwise agreed to by the Company, the minimum purchase by each prospective investor is 50,000 Shares. Capital Stock Outstanding Prior to Offering: Approximately 8,600,000 shares of Common Stock as of December 7, 1999. Upon completion of the maximum Offering, the Company will have 11,100,000 shares of Common Stock issued and outstanding.

Examples of Minimum Purchase in a sentence

• If at least two bids are not received or the highest bid after the resolicitation process is completed is not equal to or in excess of the higher of the Minimum Purchase Amount and the fair market value of the Trust Student Loans, the Indenture Trustee shall not consummate such sale.

• The Indenture Trustee shall accept the highest of such remaining bids if it is equal to or in excess of both the Minimum Purchase Amount and the fair market value of such Trust Student Loans as of the end of the Collection Period immediately preceding the Trust Auction Date.

• The Program Lender hereby acknowledges receipt of the Minimum Purchase Price.

• If at least two bids are not received or the highest bid after the resolicitation process is completed is not equal to or in excess of the higher of (i) the Minimum Purchase Amount (plus any amounts owed to the Servicer for any Carryover Servicing Fees of which the Servicer has advised the Indenture Trustee in writing) and (ii) the fair market value of the Trust Student Loans, the Indenture Trustee shall not consummate such sale.

• The Indenture Trustee shall accept the highest remaining bid if it is equal to or in excess of both (i) the Minimum Purchase Amount (plus any amounts owed to the Servicer for any Carryover Servicing Fees of which the Servicer has advised the Indenture Trustee in writing) and (ii) the fair market value of such Trust Student Loans as of the end of the Collection Period immediately preceding the Trust Auction Date.

More Definitions of Minimum Purchase

Minimum Purchase. Quantity for the calendar years 1995-2000 of this Agreement is as follows: Year Base Purchase Quantity ---- ---------------------- 1995 [CONFIDENTIAL MATERIAL HAS BEEN DELETED AND FILED SEPARATELY WITH SEC] 1996 [CONFIDENTIAL MATERIAL HAS BEEN DELETED AND FILED SEPARATELY WITH SEC] 1997 [CONFIDENTIAL MATERIAL HAS BEEN DELETED AND FILED SEPARATELY WITH SEC] 1998 [CONFIDENTIAL MATERIAL HAS BEEN DELETED AND FILED SEPARATELY WITH SEC] 1999 [CONFIDENTIAL MATERIAL HAS BEEN DELETED AND FILED SEPARATELY WITH SEC] 2000 [CONFIDENTIAL MATERIAL HAS BEEN DELETED AND FILED SEPARATELY WITH SEC] 5. Paragraph 3 is amended in its entirety to read as follows:

Minimum Purchase or “rental requirement” means an amount of money or other consideration required to be paid by patrons of the business establishment as a condition to enter or remain on the premises.

Minimum Purchase means the number of Systems required to be purchased by GDF during each period, as set forth in Exhibit 1.11 to this Agreement. The initial prices at which the Systems shall be sold to GDF are set forth on Exhibit 1.11 hereto. If, at the conclusion of any such period, GDF has failed to complete the purchase of at least half the minimum number (which will be rounded down to the next lower whole number only for year 2001) of Systems to be purchased by it during such period, GDF shall immediately submit a firm order for the purchase of the number of additional Systems needed to bring its purchases up to at least half the minimum number of units to be purchased by it during such period. Although the completion of the purchase of said additional Systems shall occur during a later period, such additional Systems shall not be counted toward completion of the minimum number of Systems to be purchased by GDF during such later period.

Minimum Purchase means the minimum purchase amount for Fuel and Lubricants as specified in the Key Terms.

Minimum Purchase means the minimum number of Points that must be obtained within a Decisive Period if a Distributor wishes to obtain the right to claim a commission. The value is 20 Points.

Minimum Purchase. Unless otherwise agreed to by RPM (prior to the Merger) or by Tirex (after the Merger), the minimum purchase by each prospective investor is one Unit (or $10,300). Capital Stock Outstanding Prior to the Offering: 3,000,000 shares of the Common Stock of RPM and 38,774,625 shares of the Common Stock of Tirex were issued and outstanding prior to the Offering being made hereunder.

Minimum Purchase. Minimum individual purchase of $100,000 by "accredited investors" in an exempt private placement. Payment by cash or tender of existing demand indebtedness owed to the investor. The McGuire's, founders of the Company, have committed to purchase for cash $500,000 principal amount of the new Notes and to tender existing indebtedness in the amount of $800,000 for a like amount of new Notes.