Purchaser Percentage definition
Purchaser Percentage means, with respect to a Purchaser, the percentage equal to the product of (x) a fraction, the numerator of which shall be the Investment Amount paid by such Purchaser on the Closing Date and the denominator of which shall be the aggregate Investment Amount paid by all Purchasers on the Closing Date times (y) 100.
Purchaser Percentage means, with respect to a CP Conduit, its Maximum Purchase Amount as a percentage of the Total Commitment.
Purchaser Percentage means the fraction, expressed as a percentage, the numerator of which is the number of shares of Common Stock held by the Purchaser and the denominator of which is the Fully Diluted Shares.
Examples of Purchaser Percentage in a sentence
Any partial Transfer of an interest in a Note, a Commitment or any Purchaser Percentage by a Committed Purchaser shall be in respect of at least $5,000,000 in the aggregate, which may be composed of (A) Note Principal Balance, or (B) to the extent in excess of the Note Principal Balance subject to such Transfer, Commitment hereunder.
More Definitions of Purchaser Percentage
Purchaser Percentage of any Committed Purchaser means (a) the percentage set forth on the signature page to this Note Purchase Agreement as changed by each Assignment and Acceptance entered into with an assignor or assignee, as the case may be, or (b) with respect to a Committed Purchaser that has entered into an Assignment and Acceptance, the percentage set forth therein as such Purchaser’s Purchaser Percentage, or such percentage as changed by each Assignment and Acceptance entered into between such Committed Purchaser and an assignor or assignee.
Purchaser Percentage means, with respect to any Committed Purchaser, the quotient, expressed as a percentage, of (a) such Committed Purchaser’s Commitment divided by (b) the sum of the Commitments of all Committed Purchasers.
Purchaser Percentage means, with respect to a Primary Purchaser, its Maximum Purchase Amount as a percentage of the Equipment Loan Facility Limit or Receivables Loan Facility Limit, as applicable.
Purchaser Percentage of any Committed Purchaser means (a) with respect to JPMorgan Chase Bank, the percentage set forth on the signature page to this Note Purchase Agreement as such Committed Purchaser’s Purchaser Percentage, or such percentage as reduced by any Assignment and Acceptance entered into with an assignee or (b) with respect to a Committed Purchaser that has entered into an Assignment and Acceptance, the percentage set forth therein as such Purchaser’s Purchaser Percentage, or such percentage as reduced by any Assignment and Acceptance entered into between such Committed Purchaser and an assignee.
Purchaser Percentage means, with respect to each Purchaser, the percentage set forth next to such Purchaser’s name on Schedule 2.1 hereto.
Purchaser Percentage means, at any time of determination with respect to an Eligible Purchaser, the aggregate number of shares of Common Stock (including shares of Common Stock which may be acquired upon exercise of outstanding Warrants, whether or not then exercisable) then held by such Eligible Purchaser divided by the aggregate number of shares of Common Stock (including shares of Common Stock which may be acquired upon exercise of outstanding Warrants, whether or not then exercisable) outstanding at such time, expressed as a percentage, with fractional percentages of .5 or more and less than .5 rounded up and down, respectively.
Purchaser Percentage of any Committed Purchaser means (a) with respect to a Committed Purchaser that is a party hereto on the date hereof, the percentage set forth on Schedule III to this Agreement (as such Schedule III may from time to time be revised by the parties to this Agreement) as such Committed Purchaser’s Purchaser Percentage, or such percentage as subsequently modified by any Assignment and Assumption Agreement or Addendum entered into by such Committed Purchaser pursuant to Section 12.04 or 12.18, respectively, or (b) with respect to a Person that becomes a Committed Purchaser after the date hereof pursuant to an Assignment and Assumption Agreement, an Addendum or an amendment hereto, the percentage set forth therein as such Committed Purchaser’s Purchaser Percentage, or such percentage as subsequently modified by any Assignment and Assumption Agreement or Addendum pursuant to Section 12.04 or 12.18, respectively, or as otherwise modified pursuant to the terms of this Agreement. For the avoidance of doubt, the Purchaser Percentages of all Committed Purchasers shall at all times equal 100%.