Purchase Unit Price definition

Purchase Unit Price the per T unit price of the Products, as set forth in Appendix A.
Purchase Unit Price the per T unit price of the Products, as set forth in Appendix A. “Product(s)” means the cryptocurrency mining hardware and other equipment or merchandise that BITMAIN will sell to the Purchaser in accordance with this Agreement, details of which are set forth in Appendix A. “Quantity of the Products” means 15,138, being the quotient of the Contracted Hashrate divided by Rated Hashrate per Unit as set forth in Appendix A, which is for reference only and shall not be deemed as any representation, warranty or covenant made by BITMAIN. The Quantity of the Products shall be automatically adjusted in accordance with the change (if any) of the Rated Hashrate per Unit of the delivered Products. “Rated Hashrate per Unit” means the rated hashrate of each unit of the Products as set forth in Appendix A. “Relevant Jurisdiction” means the State of New York, the United States. “Shipping Period” means the estimated time period when BITMAIN shall ship the applicable batch of Products on condition that the Purchaser has fulfilled its payment obligations hereunder, as set forth in Appendix A. “Total Purchase Price” means $ 75,432,654.00, being the product of Purchase Unit Price multiplied by the Contracted Hashrate. “US$” or “US Dollars” means the lawful currency of the United States of America. “Warranty Period” means the period of time that the Products are covered by the warranty granted by BITMAIN or its Affiliates in accordance with Clause 6. “Warranty Start Date” means the date on which the Products are delivered to the carrier as recorded on BITMAIN Website.
Purchase Unit Price the per Terahash (“T”) unit price of the Products, as set forth in Appendix A.

Examples of Purchase Unit Price in a sentence

  • Discount: 4.59% Number of Units: 409,837 units based on $10,000,022.80 divided by the Purchase Unit Price.

  • Discount: 4.59% Number of Units: 2,254,099 units based on $55,000,015.60 divided by the Purchase Unit Price.

  • If the Senior Subordinated Series C Unit Price is less than $28.06, then the number of Purchased Units allocated to each Purchaser shall be adjusted to be equal to the Allocated Purchase Price of such Purchaser divided by the Senior Subordinated Series C Purchase Unit Price, rounded to the nearest whole number.

  • The number of Additional Purchase Units which each Purchaser is obligated to purchase on an Additional Purchase Closing Date shall be equal to the dollar amount designated by Martek in its notice to the Purchaser (which shall be determined as set forth in the next sentence) divided by the Additional Purchase Unit Price applicable to that Additional Purchase Closing Date.

  • For each Purchase Unit Price, a maximum of 30% of the Purchase Unit Price may be offset by coupons.


More Definitions of Purchase Unit Price

Purchase Unit Price means the monetary amount per Common Unit equal to (A) the volume weighted average closing price of Common Units listed and traded on the NASDAQ Global Select Market, as reported by Bloomberg L.P. on page 1 of screen “HP” for a five (5) trading day period, consisting of the five (5) trading days immediately prior to the Closing Date, multiplied by (B) 0.959.
Purchase Unit Price the per T price of the Products, as set forth in the Applicable Orders.