Minimum Purchase Condition definition

Minimum Purchase Condition shall have the meaning assigned to such term in Section 2.19(b).
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Minimum Purchase Condition shall have the meaning provided in Section 2.19(b). “MFN Pricing Test” shall have the meaning provided in Section 2.15(a). “Moody’s” shall mean Xxxxx’x Investors Service, Inc. 27
Sample 1

Examples of Minimum Purchase Condition in a sentence

  • If Buyer timely provides an Election Notice, then Buyer shall be obligated to purchase such number of Offered Shares as Buyer sets forth in the Election Notice in accordance with the Minimum Purchase Condition (such number, the “Subject Shares”), and Stockholder shall be obligated to sell the Subject Shares to Buyer, at the same price and subject to the same material terms and conditions as described in the Sale Notice.

  • The Minimum Purchase Condition may not be waived by the Borrower other than with the consent of the Company Parties and the Required Consenting Stakeholders.

Related to Minimum Purchase Condition

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than 150% of the outstanding principal amount of the Secured Obligations plus the Qualified Cash A/P Amount.