Examples of Purchaser Commitment Amount in a sentence
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.
This reference number must be provided for receipt of purchaser’s Purchaser Commitment Amount to be credited and attributed to purchaser.
The number of GAB Tokens which an investor shall be entitled to receive in exchange for payments made in ETH or BTC ( the “Token Amount”), shall be determined based on the Daily BTC Exchange Rate (as defined below) and Daily ETH Exchange Rate (as defined below), as applicable, for the Receipt Day on which the Company receives the Purchaser Commitment Amount.
The Token Amount shall be calculated by dividing this USD equivalent Purchaser Commitment Amount by the applicable per Neuros Token USD price, rounded up to the nearest number of whole Neuros Tokens.• The Daily ETH Exchange Rate shall be the last price quoted for an ETH to USD exchange transaction, as reflected on www.gdax.com (GDAX) at 5:00:00 p.m. (ET), regardless of when such last transaction was executed, on the date on which the ETH Receipt Day End Time occurs (the “Base ETH Rate”).
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”).
ETH Delivery • Users will send ETH to a single Ethereum multi signature wallet controlled by the Company, the address of which will be provided to the purchaser by electronic communication or through StartEngine ICO.• Purchasers will be identified by the unique ETH address from which the purchaser sends their Purchaser Commitment Amount and such amount will be attributed to the applicable purchaser.
Any such reduction in the Facility Limit shall not be less than $1,000,000 and in increments of $1,000,000 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.
If purchaser fails to deliver the Purchaser Commitment Amount within one business day of the Execution Notification, the Company may (but shall not be obligated to) re-allocate any Neuros Tokens reserved for purchaser to an alternative purchaser at the applicable per Neuros Token offering price.
U.S. Dollar Wire • Wire instructions for the Company’s receipt of the Purchaser Commitment Amount will be provided to the purchaser by electronic communication or through StartEngine ICO.
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.