Purchase Requirement definition

Purchase Requirement means a minimum aggregate dollar amount of applicable Purchase Commitments (to the extent Eligible Loans are available, offered by Seller to Purchaser, and subject to any Purchase Limitation) that Purchaser agrees to make in a given calendar month.
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Purchase Requirement means the minimum purchase requirements as set forth in the Products Requirement Sheet(s).
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Purchase Requirement means the requirement that, prior to the end of the six month period following the Effective Date, Employee shall purchase Common Stock of the Company with an aggregate purchase price of at least $100,000. If the Employee is reasonably precluded from purchasing the stock necessary to fulfill the Purchase Requirement at the time he desires either due to the Company’s xxxxxxx xxxxxxx policies or other applicable restrictions under the applicable securities laws, upon written request from Employee, the Company shall sell Employee the requisite number of shares, at the closing price of the stock on the date of purchase, and give due consideration to effecting the registration of such shares under the Securities Exchange Act of 1933, as amended, on a Form S-8 or such other form as the Company shall determine to be appropriate.
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Examples of Purchase Requirement in a sentence

  • If transactions remain outstanding beyond the effective date of the termination of Membership, the FHLBNY will not redeem any Activity-Based Stock that the Other Institution is required to hold to comply with the Activity-Based Stock Purchase Requirement corresponding to such outstanding transactions.

  • Each Eligible Loan offered to Purchaser by Seller, in Seller’s sole discretion, up to the Purchase Requirement will be deemed to be subject to a Purchase Commitment upon offer.

  • For the avoidance of doubt, Seller may, but is not required to offer to Purchaser, an amount of Eligible Loans equal to the Purchase Requirement and its offer of no Eligible Loans or an amount of Eligible Loans that is less than the Purchase Requirement shall not constitute a breach of this Agreement.

  • As this Court's maximum calculation of the amount-in-controversy is$66,190, defendant has failed to meet the minimum threshold of 28 U.S.C § 1332(a).

  • At least thirty (30) days prior to the first day of each month, or as otherwise agreed between the Parties in writing, Seller and Purchaser will mutually agree as to the Purchase Requirement for such month.

  • After meeting the Purchase Requirement for any calendar month, upon the mutual agreement between Seller and Purchaser and to the extent Eligible Loans are available, Seller may offer, additional Eligible Loans during such month subject to the Purchase Limitation.

  • A Risk Management Purchase Requirement waiver has been authorized in the 2008 Farm Bill to allow those wanting to participate in the disaster assistance programs to pay a “buy-in” fee for crops that crop insurance or NAP coverage was not purchased for 2008.The deadline to purchase the buy-in fee is September 16, 2008.

  • To be considered to have met the Risk Management Purchase Requirement, a “buy-in” fee in an amount equal to the applicable CAT and/or NAP fee for those crops that currently do not have either a crop insurance policy or NAP coverage must be paid by the close of business on September 16, 2008.For SURE, TAP and ELAP, a “buy-in” fee must be paid for all crops on the farm that do not have at least CAT level crop insurance or NAP.

  • The Board of Directors may increase or decrease the Membership Stock Purchase Requirement from time to time.

  • Notice of changes to the Membership Stock Purchase Requirement will be transmitted, sent or given to Members and Other Institutions at least 10 days prior to the effective date of such changes.


More Definitions of Purchase Requirement

Purchase Requirement. The Purchase Requirement for the first partial and the first full calendar quarter shall be based upon the last 24-month forecast submitted to Lilly by Amarin or Elan prior to the Effective Date. Amarin's orders and purchases and Lilly's obligations to supply Permax(R) shall be subject to the following:
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Purchase Requirement has the meaning set forth in Section 2(b).
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Purchase Requirement shall have the meaning set forth in Section 3.1 of this Agreement.
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Related to Purchase Requirement

  • Purchase Requisition means a duly authorized written or electronically produced request in an approved format to obtain goods or services.

  • Purchase Request or "purchase requisition" means that document whereby a using

  • Repurchase Request Rejection As defined in Section 2.03(a) of this Agreement.

  • Repurchase Request Recipient As defined in Section 2.03(g).

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Repurchase Request shall have the meaning assigned to such term in Section 2.4(a) of the Sale and Servicing Agreement.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Repurchase Request Withdrawal As defined in Section 2.03(a) of this Agreement.

  • Purchase Report has the meaning set forth in Section 2.1 of the Sale Agreement.

  • performance requirement means a requirement that:

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Program Requirements means certain minimum program entry requirements as well as ongoing program requirements, to be fulfilled by Partner, some of which are general PartnerEdge requirements, some of which are specific for the “Sell Engagement” and some of which are specific for the different “Cloud” Product Families, including, without limitation payment of the Program Fee(s), meeting certain minimum annual revenue requirements, upholding a Sell Authorization for at least one “Cloud” Product Family and other requirements as set out in detail in the PartnerEdge Program Guide and the RSPI.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • End Client Requirements means the specific requirements of the End Client, as notified to the Supplier in writing;

  • Rebate Requirement means the amount of arbitrage profits earned from the investment of gross proceeds of Tax-exempt Bonds in nonpurpose investments described in Section 148(f)(2) of the Code and defined as “Rebate Amount” in Section 1.148-3 of the Treasury Regulations, which is payable to the United States at the times and in the amounts specified in such provisions.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Listing Requirements means the Main Market Listing Requirements of Bursa Securities.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Minimum Participation Requirements means a set of minimum training, risk management, communication and capital or collateral requirements required for Participants in the PJM Markets, as set forth herein and in the Form of Annual Certification set forth as Tariff, Attachment Q, Appendix 1. Participants transacting in FTRs in certain circumstances will be required to demonstrate additional risk management procedures and controls as further set forth in the Annual Certification found in Tariff, Attachment Q, Appendix 1.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, U.S.$ 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.