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

  • Any date or period specified herein (excluding, subject to extension pursuant to Clause 2.1, the Conditional Purchase Commitment Period) may be postponed or extended by mutual agreement among the parties but, as regards any date or period originally fixed or so postponed or extended, time shall be of the essence.

  • The Board must refuse the registration of a transfer of any Share if clauses 6.2 to 6.13 have not been complied with.

  • 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.

  • Such fee shall be payable in arrears quarterly from the date of this Agreement and on the last day of the Purchase Commitment Period.

  • 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.

  • ILLES shall purchase Common Stock by delivery to the Company (prior to expiration of the Purchase Commitment Period) of the purchase price for the Common Stock being purchased hereunder (the "Purchase Price"), and the completed Election To Purchase Form that is attached hereto.

  • During the period of time from and after the date hereof and until the first annual anniversary of the effectiveness of the Initial Registration Statement (as defined referred in Section 7 hereof) ("Purchase Commitment Period"), ILLES shall be permitted to purchase Common Stock from the Company at any time and from time to time at the price per share of Thirty Cents ($.30) (the "Base Per Share Price").

  • If the Housing Commission seeks to terminate assistance because of illegal use, or possession for personal use, of a controlled substance, or pattern of abuse of alcohol, such use or possession or pattern of abuse must have occurred within one year before the date that the Housing Commission provides notice to the family of the Housing Commission determination to deny or terminate assistance.

  • 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.


More Definitions of Purchase Commitment Period

Purchase Commitment Period means, separately for each Exclusive Customer, the period beginning on the Effective Date and ending: (a) for a Category 1 Customer, on the later of (i) three (3) years from the Effective Date and (ii) one (1) year from the achievement of the Lab Trial Milestone during the Lab Trial Period, each of which may be extended in accordance with Section 3.7; and (b) for a Category 2 Customer, on the later of (i) two (2) years from the Effective Date and (ii) six (6) months from the achievement of the Lab Trial Milestone during the Lab Trial Period, each of which may be extended in accordance with Section 3.7.
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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 the period from and including the date hereof to but not including the Termination Date or such earlier date on which the Commitments shall terminate as provided herein.

  • Revolving Commitment Termination Date means the earliest to occur of (i) the fifth anniversary of the Closing Date, (ii) the date the Revolving Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, and (iii) the date of the termination of the Revolving Commitments pursuant to Section 8.1.

  • 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 means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached 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 of the Revolving Commitments of all of the Revolving 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 $1,000,000,000.

  • 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 Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

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

  • Revolving Period means the period beginning at the close of business on the Series Cut-Off Date and ending on the earlier of (a) the close of business on the day immediately preceding the day the Controlled Accumulation Period commences and (b) the close of business on the day immediately preceding 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 $10,000,000, 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.