Purchase Commitment Period definition

Purchase Commitment Period means the period from and including the Initial Purchase Date up to and including a day which is the second (2nd) anniversary of the date hereof;
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Purchase Commitment Period. The period commencing on the Closing Date and ending on the Business Day preceding the Contract Purchase Termination Date.
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Purchase Commitment Period shall have the meaning set forth in Section 3.1.A.
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Examples of Purchase Commitment Period in a sentence

  • PURCHASER The following table sets forth the name, business or residence address, principal occupation or employment at the present time and during the last five years, and the name of any corporation or other organization in which such employment is conducted or was conducted of each executive officer or director of Purchaser.

  • On any date of determination during the Contract Purchase Commitment Period with respect to each Seller, 25% of the Net Ending Principal Balance for such Seller on the most recent Settlement Date, and on any date of determination occurring after the Contract Purchase Commitment Period, 25% of the Net Ending Principal Balance for such Seller on the first Settlement Date occurring on or after the Termination Date minus the sum of the Repurchase Prices paid by such Seller since such Settlement Date.

  • In addition to the other terms and conditions of this Agreement, Corvis will not be obligated to accept orders during the Initial Minimum Purchase Commitment Period that would require Corvis to deliver Products for any product code in excess of 150% of the amount forecasted for each month in the Initial Rolling Forecast for such product code.

  • To exercise its option as to a specific Exclusive Customer, Tellabs shall notify Occam in writing of such intent and pay the fees set forth above no later than the date on which the applicable Purchase Commitment Period will expire.

  • No later than thirty (30) Days after the termination of a Purchase Commitment Period, WilTel shall prepare and deliver to SBC a draft of the final accounting of SBC's purchases during such Purchase Commitment Period of Included Services, including all invoices for Included Services provided through the end of such Purchase Commitment Period (the "Year End Invoices") and, if applicable, an invoice for the amount of the applicable Purchase Commitment Payment.

  • With respect to each specific Exclusive Customer, if the Purchase Commitment Period will be thereby extended beyond the end of the applicable Exclusivity Period, such Exclusivity Period will be automatically extended to the end of the extended Purchase Commitment Period upon payment of the applicable extension fee.

  • In addition to the other terms and conditions of this Agreement, Corvis will not be obligated to accept orders during the Initial Minimum Purchase Commitment Period that would require Corvis to deliver Products for any product code in excess of [*]% of the amount forecasted for each [*] in the Initial Rolling Forecast for such product code.

  • Pursuant to Clause 2.1(b) of the Agreement, we, as the Remarketing Bank, hereby irrevocably request the Conditional Purchaser to extend the Conditional Purchase Commitment Period to [ ].

  • The amounts paid by Tellabs to Occam to extend the Purchase Commitment Period for a Category 2 Customer will be applied as a non-refundable credit towards the payment of royalties payable by Tellabs to Occam based upon the sale of BLC Products to that specific Category 2 Customer.

  • Tellabs will have a one-time option to extend the Purchase Commitment Period for any specific Exclusive Customer by one (1) year by paying to Occam: (a) [***] if the Exclusive Customer is a Category 1 Customer; or (b) [***] if the Exclusive Customer is a Category 2 Customer.


More Definitions of Purchase Commitment Period

Purchase Commitment Period means, separately for each Exclusive Customer, the period beginning on the Effective Date and ending:
Sample 1

Related to Purchase Commitment Period

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Commitment Period means the period commencing on the earlier to occur of (i) the Effective Date, or (ii) such earlier date as the Company and the Investor may mutually agree in writing, and expiring on the earliest to occur of (x) the date on which the Investor shall have made payment of Advances pursuant to this Agreement in the aggregate amount of the Commitment Amount, (y) the date this Agreement is terminated pursuant to Section 10.2 or (z) the date occurring thirty-six (36) months after the Effective Date.

  • Revolving Commitment Termination Date means the earliest of (i) November 3, 2017, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.9 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise); provided, that, with respect to any Extended Revolving Commitment (and the Extended Revolving Loans made pursuant thereto), the termination date set forth in the Extension Offer with respect thereto.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Term Loan Commitment Termination Date means the earliest to occur of (a) the Amendment No. 9 Effective Date, (b) the date the Term Loan Commitments are permanently reduced to zero pursuant to 2.01(b) and (c) the date of the termination of the Term Loan Commitments pursuant to Section 9.01.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $200,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Revolving Period means the period beginning on the Closing Date and ending at the close of business on the day immediately preceding the earlier of the day the Controlled Accumulation Period commences or the day the Early Amortization Period commences.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $25,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Investment Period means, and shall be equal to, the Standard Investment Period.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.