REMAINDER PURCHASE PRICE definition

REMAINDER PURCHASE PRICE means with respect to Remainder Put Shares, the Remainder Market Price less the product of the Discount and the Remainder Market Price. “REMAINDER PUT SHARES” shall be the number of Put Shares deliverable on a Remainder Closing Date equal to the Investment Amount divided by the Remainder Purchase Price minus the Interim Put Shares.
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REMAINDER PURCHASE PRICE has the meaning assigned to such term in the Acquisition Agreement as in effect on April 16, 2015.
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REMAINDER PURCHASE PRICE means an amount equal to (a) (i) the excess of either (A) the Estimated Purchase Price, if the Final Purchase Price has not yet been determined pursuant to Section 1.06(g) (but without limiting the obligation to pay amounts in respect of the Final Purchase Price), or (B) the Final Purchase Price, in all other cases, over (ii) the Initial Purchase Price, (b) together with interest accrued on such excess at a fixed rate of $500,000 per month (prorated for partial months) from the Closing Date until the date of the payment of the Remainder Purchase Price.
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Examples of REMAINDER PURCHASE PRICE in a sentence

  • If the Final Purchase Price is less than the Estimated Purchase Price, then either (i) if the Remainder Purchase Price has been paid, the Seller shall pay to the Purchaser, in the manner set forth in Section 1.06(h), the amount of the shortfall as a reduction to the Purchase Price or (ii) if the Remainder Purchase Price has not yet been paid, the Remainder Purchase Price paid under Section 2.03(a) shall be reduced by the amount of such shortfall.

  • For the avoidance of doubt, the Purchaser shall not be obligated to draw on the Equity Financing unless necessary in order to deliver the Remainder Purchase Price as required pursuant to Section 2.03(a) on the Second Payment Date.

  • The Purchaser shall use its reasonable best efforts to complete the Equity Issuance as promptly as practicable after the receipt of the Required Information; provided, however, that if the Remainder Purchase Price is paid by the Purchaser prior to the closing of the Equity Issuance, any obligation of the Purchaser to complete the Equity Issuance shall be discharged.

  • If the Equity Issuance closes on or prior to the fourth trading day prior to the Closing Date, then, at the Closing, the Purchaser shall also pay to the Seller an amount in cash equal to the Remainder Purchase Price.

Related to REMAINDER PURCHASE PRICE

  • Final Purchase Price has the meaning set forth in Section 2.02.

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

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

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

  • 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).

  • 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.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

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

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

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

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

  • 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.

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

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

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

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

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • 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.

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

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

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

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

  • Regular Purchase Notice means, with respect to any Regular Purchase pursuant to Section 2(a) hereof, an irrevocable written notice from the Company to the Investor directing the Investor to buy such applicable amount of Purchase Shares at the applicable Purchase Price as specified by the Company therein on the Purchase Date.