Reduced Purchase Price definition

Reduced Purchase Price means (a) the product obtained by multiplying $4.00 times the Series E per share price divided by (b) $2.80, rounded to the nearest hundredth. As an example, in the event that the Company shall issue and sell Series E Preferred Stock to a venture capital investor for $2.00 per share, the Investor would receive an additional 199,300 shares of Series D Preferred Stock. Such issuance shall be deemed to be effective immediately after the closing of the sale of Series E Preferred Stock, and duly executed certificates representing such Series D Preferred Stock shares shall be delivered to the Investor immediately after such closing.
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Reduced Purchase Price means the amount payable by an Eligible Purchaser in cash terms (excluding any mortgage fees of the relevant Qualifying Lender) for the purchase of an Eligible Dwelling after deducting the Scottish Ministers Contribution from the Full Purchase Price;
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Reduced Purchase Price is defined in Section 1.5(a)(i).
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Examples of Reduced Purchase Price in a sentence

  • Notice of any such Reduced Purchase Price and Reduced Purchase Price Period shall be given to registered Holders of the relevant Warrants in the manner provided in Section 19.

  • After the termination of the Reduced Purchase Price Period, the Purchase Price of the relevant Warrants shall be such Purchase Price that would have been in effect, as adjusted pursuant to the provisions of Section 6, had there been no reduction in the Purchase Price pursuant to the provisions of this paragraph (g).

  • Pursuant thereto, the Corporation shall immediately issue such additional shares of Common Stock to the Purchaser at the Reduced Purchase Price (the "Additional Shares"), such that the Shares purchased hereunder plus the Additional Shares, shall equal the Aggregate Purchase Price.

  • The Additional Shares shall carry the same registration rights as the shares issued at the Reduced Purchase Price.

  • The Company shall have the right, at any time or from time to time, voluntarily to reduce the then current Purchase Price applicable to a series of Warrants to such amount (the "Reduced Purchase Price") and for such period or periods of time, which may be through the Close of Business on the Expiration Date of such series (the "Reduced Purchase Price Period") as may be deemed appropriate by the Company.

  • In Contribution represents; the agreement of the Borrower) to enable the Borrower to pay the Reduced Purchase Price to the Seller; Standard Terms and Conditions year 6 the interest becomes payable and will be 1.75% per annum, subject to annual increases in accordance with Clause 10 to the Standard Terms and Conditions.

  • By 11:30 a.m. (San Francisco time) on each Purchase Date, BofA shall, upon satisfaction of the applicable conditions set forth in Article IV, pay to Borrower in Dollars in immediately available funds: (i) the Purchase Price specified for such Purchase Date in the applicable Supplements, as such Supplement may be amended from time to time, or (ii) if applicable, the Reduced Purchase Price calculated pursuant to clause (c).

  • The Reduced Purchase Price paid for Receivables which are transferred to reduce any Carryforward Amount shall be calculated as set forth in clause (b) based on the original Purchase Price which was payable on the original Transfer Date from which such Carryforward Amount arose, and the original Required Receivables Amount applicable thereto.

  • In the event the IP Sale is for an amount less than the Threshold, Aegis shall be required to pay directly to Licensee the difference between the Threshold and the Reduced Purchase Price by wire transfer of immediately available funds at the closing of the IP Sale.

  • If Licensee does not elect to exercise its right of first refusal as set forth above, the Third Party Purchaser shall be required to pay directly to Licensee the lesser of the Threshold or the Reduced Purchase Price by wire transfer of immediately available funds at the closing of the IP Sale.


More Definitions of Reduced Purchase Price

Reduced Purchase Price is defined in Section 1.03(c).
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Reduced Purchase Price has the meaning set forth in Sections 3.5 and 4.8, as applicable.
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Reduced Purchase Price means FIFTEEN MILLION TWO HUNDRED THOUSAND AND NO/100 DOLLARS ($15,200,000.00). As used herein, the term “Reduced Lantana Community Contribution” shall mean FOUR HUNDRED THOUSAND AND NO/100 DOLLARS ($400,000.00). If Purchaser fails to deliver written notice of termination to Seller on or before Closing Date as so extended, Purchaser will be deemed to have elected to close the purchase of the Property on the Closing Date according to this Agreement by paying the Reduced Purchase Price and Reduced Lantana Community Contribution. If Purchaser timely elects to terminate this Agreement pursuant to the terms hereof then the Exxxxxx Money shall be returned to Purchaser, except for $100 of independent consideration which will be delivered to Seller, and thereafter neither party shall have any further rights, remedies or obligations hereunder, except for the Post Termination Obligations which will survive such termination.
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Related to Reduced Purchase Price

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Adjusted Purchase Price has the meaning set forth in Section 2.2.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Allocated Purchase Price means with respect to each Purchaser, the dollar amount set forth opposite such Purchaser’s name under the heading “Allocated Purchase Price” on Schedule A hereto.

  • Estimated Purchase Price has the meaning set forth in Section 2.4(a).

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Accelerated Purchase Price means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, the lower of ninety-seven percent (97%) of (i) the VWAP for the period beginning at 9:30:01 a.m., Eastern time, on the applicable Accelerated Purchase Date, or such other time publicly announced by the Principal Market as the official open (or commencement) of trading on the Principal Market on such applicable Accelerated Purchase Date (the "Accelerated Purchase Commencement Time"), and ending at the earliest of (A) 4:00:00 p.m., Eastern time, on such applicable Accelerated Purchase Date, or such other time publicly announced by the Principal Market as the official close of trading on the Principal Market on such applicable Accelerated Purchase Date, (B) such time, from and after the Accelerated Purchase Commencement Time for such Accelerated Purchase, that the total number (or volume) of shares of Common Stock traded on the Principal Market has exceeded the applicable Accelerated Purchase Share Volume Maximum, and (C) such time, from and after the Accelerated Purchase Commencement Time for such Accelerated Purchase, that the Sale Price has fallen below the applicable Accelerated Purchase Minimum Price Threshold (such earliest of (i)(A), (i)(B) and (i)(C) above, the "Accelerated Purchase Termination Time"), and (ii) the Closing Sale Price of the Common Stock on such applicable Accelerated Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Purchase Price has the meaning set forth in Section 2.2.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Additional Accelerated Purchase Price means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, ninety-seven percent (97%) of the lower of (i) the VWAP for the period on the applicable Additional Accelerated Purchase Date, beginning at the time mutually agreed by the Company and the Investor and set forth in the applicable Additional Accelerated Purchase Notice delivered by the Company to the Investor with respect to such Additional Accelerated Purchase, which shall not be earlier than the latest of (A) the applicable Accelerated Purchase Ending Time with respect to the corresponding Accelerated Purchase referred to in clause (i) of the proviso in the second sentence of Section 2(c) hereof on such Additional Accelerated Purchase Date, (B) the applicable Additional Accelerated Purchase Ending Time with respect to the most recently completed prior Additional Accelerated Purchase on such Additional Accelerated Purchase Date, as applicable, and (C) the time at which all Purchase Shares subject to all prior Accelerated Purchases and Additional Accelerated Purchases (as applicable), including, without limitation, those that have been effected on the same Business Day as the applicable Additional Accelerated Purchase Date with respect to which the applicable Additional Accelerated Purchase relates, have theretofore been received by the Investor as DWAC Shares in accordance with this Agreement (such mutually agreed beginning time, the “Additional Accelerated Purchase Commencement Time”), and ending at the earliest of (X) 4:00 p.m., Eastern time, on such Additional Accelerated Purchase Date, or such other time publicly announced by the Principal Market as the official close of trading on the Principal Market on such Additional Accelerated Purchase Date, (Y) such time, from and after the Additional Accelerated Purchase Commencement Time for such Additional Accelerated Purchase, that total number (or volume) of shares of Common Stock traded on the Principal Market has exceeded the applicable Additional Accelerated Purchase Share Volume Maximum, and (Z) such time, from and after the Additional Accelerated Purchase Commencement Time for such Additional Accelerated Purchase, that the Sale Price has fallen below the applicable Additional Accelerated Purchase Minimum Price Threshold (if any) (such earliest of (i)(X), (i)(Y) and (i)(Z) above, the “Additional Accelerated Purchase Ending Time”), and (ii) the Closing Sale Price of the Common Stock on such Additional Accelerated Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.