Purchaser Commitment definition

Purchaser Commitment means, with respect to any Purchaser, the commitment of such Purchaser to purchase the Revenue Interests and pay the Purchaser Payments in an aggregate amount equal to the amount set forth opposite such Purchaser’s name on Schedule 1.01(c) to this Agreement.

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Purchaser Commitment means, for each Purchaser, such Purchaser's -------------------- Percentage of the Purchasers' Investment Limit.

Purchaser Commitment means, with respect to any Purchaser, the commitment of such Purchaser to purchase the Revenue Interests and pay the Purchaser Payments (other than Additional Payments) in an aggregate amount equal to the amount set forth opposite such Purchaser’s name on S chedule 1.01(b) to the Disclosure Letter.

Examples of Purchaser Commitment in a sentence

• Notwithstanding any provision herein or in any Fee Letter to the contrary, if any Related Committed Purchaser becomes a Defaulting Purchaser, for so long as such Related Committed Purchaser is a Defaulting Purchaser, Commitment Fees (as defined in the RPA Fee Letter) shall cease to accrue on the Commitment of such Defaulting Purchaser.

• Purchaser Commitment Date; Acceptance or Rejection of Subscriptions SECTION 2.05.

• Any such reduction in the Facility Limit shall be in an amount not less than $20 million and in increments of $1 million in excess thereof and shall be applied to reduce the Purchaser Commitment Amount of each Purchaser Group and each Non-Conduit Committed Purchaser on a pro rata basis pursuant to the terms of the Note Purchase Agreement.

• The Outstanding Note Balance of Notes which may be authenticated and delivered under this Indenture and Servicing Agreement shall not exceed the Facility Limit and the outstanding principal amount of a Note held by any single Purchaser Group or any single Non-Conduit Committed Purchaser shall not exceed the then-effective Purchaser Commitment Amount for such Purchaser Group or Non-Conduit Committed Purchaser.

• The Token Amount for ETH payments will be determined by StartEngine based upon the USD equivalent of the Purchaser Commitment Amount received by us, based upon the last price quoted for an ETH to USD exchange transaction, as reflected on GDAX, which is closest to and includes (but is not after) 5:00:00 p.m. (ET), on the date on which the ETH Receipt Day End Time occurs (the “ETH Exchange Rate”).

More Definitions of Purchaser Commitment

Purchaser Commitment means the Commitment of each Purchaser in the amount set forth on Schedule I to the Participation Agreement or on any assignment pursuant to which such Purchaser becomes a party hereto.

Purchaser Commitment means, for each Bank, the amount set forth for each

Purchaser Commitment means, with respect to any Purchaser, the commitment of such Purchaser to purchase the Revenue Interests and pay the Purchaser Payments in an aggregate amount equal to the amount set forth opposite such Purchaser’s name on Schedule 1.01(b) to the Disclosure Letter. “Purchaser Payments” means each of the First Payment, the Second Payment, the Third Payment and the Fourth Payment. “Put Notice” has the meaning set forth in Section 5.07(a). “Put Option” has the meaning set forth in Section 5.07(a). “Put Option Closing Date” has the meaning set forth in Section 5.07(a). “Put Option Event” means any one of the following events: (a) any Bankruptcy Event; (b) the Company fails to make (i) any payment of the Put/Call Price or the Net Sales Acceleration Payment when due, or (ii) any other payment when due under Section 2.02 of this Agreement or under the other Transaction Documents; provided, with respect to this clause (ii), that no more than three times during the Term, such failure shall not constitute a Put Option Event if the Company makes such payment within two Business Days of the applicable due date; (c) a Material Adverse Effect (other than a Material Adverse Effect under clause (f) of the definition thereof); (d) any representation, warranty or statement made or deemed made by or on behalf of any Obligor in or in connection with any Transaction Document or any amendment or modification hereof or thereof, or in any report, certificate, financial statement or other document furnished pursuant to or in connection with any Transaction Document or any amendment or modification hereof or thereof, shall: (i) prove to have been incorrect when made or deemed made to the extent that such representation, warranty or statement contains any materiality or Material Adverse Effect qualifier; or (ii) prove to have been

Purchaser Commitment means, for each Lender, the amount set forth for -------------------- each Lender under "Purchaser Commitment" on Schedule 1.01, as such amount may be ------------- reduced from time to time in accordance with this Agreement and the Receivables Purchase Agreement. The Purchaser Commitment is part of, and not in addition to, the Commitment.

Purchaser Commitment means, for each Bank, the amount set forth for each -------------------- Bank under "Purchaser Commitment" on Schedule 1.1, as such amount may be adjusted under Section 2.5 and the Receivables Purchase Agreement.

Purchaser Commitment means, for each Purchaser, an amount equal to such Purchaser’s Percentage of the Purchasers’ Investment Limit. “Purchased Interest” means, at any time, the undivided percentage ownership interest of the Purchasers acquired pursuant to this Agreement from the

Purchaser Commitment means the aggregate Commitments of the Purchasers set forth on Schedule I of the Participation Agreement, as such Schedule may be amended, supplemented, amended and restated, reduced or otherwise modified from time to time.