Purchase Day definition

Purchase Day means each Trading Day during a Purchase Period where the Daily Dollar Amount (as adjusted pursuant to Section 2(c)) is greater than zero.
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Purchase Day means the day of the Auction whereby a “Buyer” has successfully won the bidding on the vehicle.
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Purchase Day shall be any day during the Plan Purchases Period that the limit price specified below is met; provided, however, that if any Purchase Day is not a Trading Day, such Purchase Day shall be deemed to fall on the next succeeding Trading Day within the Plan Purchases Period.
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Examples of Purchase Day in a sentence

  • The Originator shall, within five business days of the current Revolving Purchase Day, deliver to the Plan Manager the information related to the Basic Assets purchased on the current Revolving Purchase Day.

  • The Purchaser must deliver a Purchase Notice with respect to a particular Purchase Day no later than one Trading Day following the final Trading Day of the Purchase Period during which such Purchase Day occurs.

  • Stifel shall purchase the Daily Purchase Amount (as defined in Schedule A) for the account of Purchaser on each Purchase Day (as defined in Schedule A), subject to the following restrictions and parameters set forth in Schedule A of this Plan.

  • When the Plan Manager is to purchase new Basic Assets on the Revolving Purchase Day, the Plan Manager shall ensure that the Special Plan Fund will not be insufficient for paying the proceeds and (or) principal that must be distributed with respect to the current Priority Asset-Backed Securities as determined in Article 13 of the Standardized Terms and Conditions because of paying the price of the revolving purchase.

  • Purchaser agrees to deposit funds into Stifel account for the Purchaser to cover the purchase of Issuer Stock (including commission and applicable transaction fees, with the amount to be estimated by Purchaser in good faith, if the Daily Purchase Amount is designated as share amount) under this Plan prior to the close of the Principal Market on the business day preceding the commencement of each Purchase Day under this Plan or this Plan will automatically terminate.

  • Up to two calendar weeks prior to the Purchase Day, a Participant shall have the right to revoke his or her Comerica Incorporated 2021 Employee Stock Purchase Plan – Page 5 Exhibit 10.23Subscription Agreement, at such time and in such manner as prescribed by the Plan Administrator.

  • A Participant’s Account balance shall be reduced by the option price for shares of Common Stock acquired on the Purchase Day, or by any other amounts paid or distributed on any other date pursuant to the terms hereof.

  • Unless otherwise determined by the Committee, the option price per share shall be the 85% of the Fair Market Value of the Common Stock on the Purchase Day.

  • As used above, “Composite Volume” means, for any Purchase Day, the market-wide composite trading volume reported for the Units on such Purchase Day, as determined by Broker in good faith and in a commercially reasonable manner.

  • Subject to the restrictions and parameters set forth in Schedule A of this Plan, Stifel shall Purchase the Daily Purchase Amount on each Purchase Day under ordinary principles of best execution at the then-prevailing market price.


More Definitions of Purchase Day

Purchase Day means each Trading Day during a Purchase Period with respect to which the Purchaser is obligated to purchase Shares from the Company pursuant to this Agreement.
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Purchase Day is (Select One): x each Trading Day during the Plan Period that the Principal Market is open for business. o each Trading Day during the Plan Period succeeding any period of consecutive Trading Days during which the closing price of the Stock on the Principal Market or, if applicable, as reported in the consolidated system was equal to or greater than . o the first weekday of each month during the Plan Period, provided that if any Purchase Day is not a Trading Day, such Purchase Day shall be deemed to fall on the next succeeding Trading Day. o Insert Other Conditions:
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Purchase Day means the date specified by the Committee or the Plan Administrator on which options of Participants will be automatically exercised in full to purchase shares of Common Stock or, if not exercised, shall thereupon expire. Unless otherwise determined by the Committee or the Plan Administrator, the Purchase Day shall be the last trading day (i.e., day on which the New York Stock Exchange is open for trading) of the applicable Offering Period.
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Related to Purchase Day

  • Purchase Date means one or more dates during an Offering selected by the Board on which Purchase Rights will be exercised and on which purchases of shares of Common Stock will be carried out in accordance with such Offering.

  • VWAP Purchase Date means, with respect to any VWAP Purchase made hereunder, the Business Day following the receipt by the Buyer of a valid VWAP Purchase Notice that the Buyer is to buy Purchase Shares pursuant to Section 1(c) hereof.

  • Repurchase Date has the meaning specified in Section 14.1.

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

  • Stock Purchase Date has the meaning specified in the Stock Purchase Contract 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).

  • Final Purchase Date means the final date on which a purchase and sale of Loans and their Related Security is completed pursuant to the terms of the Mortgage Sale Agreement;

  • Optional Purchase Date As defined in Section 8.01(a) of the Servicing Agreement. Optional Purchase Percentage: 10.00%.

  • VWAP Purchase Notice means an irrevocable written notice from the Company to the Buyer directing the Buyer to buy Purchase Shares on the VWAP Purchase Date pursuant to Section 1(c) hereof as specified by the Company therein at the applicable VWAP Purchase Price with the applicable VWAP Purchase Share Percentage specified therein.

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

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

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

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

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

  • Fundamental Change Purchase Date has the meaning specified in Section 8.01(a).

  • Purchase Contract Settlement Date means ________________________, ____.]

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • 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.

  • Accelerated Purchase Date means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, the Business Day immediately following the applicable Purchase Date with respect to the corresponding Regular Purchase referred to in Section 2(b) hereof.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Original Purchase Date means with respect to any Loan, the date such Loan was purchased by Town Hall Funding from the Master Depositor pursuant to the Conveyance Agreement.

  • Redemption Day means the last Business Day of each week or such other day or days as the Directors may from time to time determine that Participating Shares in the Fund are available for redemption;

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