Single Purchasers definition

Single Purchasers. (as defined in the Prospectus). In the case of such volume sales to Single Purchasers, on orders of $250,000 or more your Selling Commission shall be reduced by the amount of the Share purchase price discount. In the case of such volume sales to Single Purchasers, your selling commission will be reduced for each incremental share purchase in the total volume ranges set forth in the table below. Such reduced share price will not affect the amount received by the Company for investment. The following table sets forth the reduced Share purchase price and Selling Commission payable to you: PURCHASE PRICE PER SELLING COMMISSION PER VOLUME DISCOUNT SHARE FOR INCREMENTAL SHARE ON TOTAL SALE FOR RANGE FOR A SHARE IN VOLUME INCREMENTAL SHARE IN SINGLE PURCHASER DISCOUNT RANGE VOLUME DISCOUNT RANGE ---------------- --------------------- ----------------------- $ 2,000 - $ 250,000 $10.00 $0.65 $ 250,001 - $ 500,000 $ 9.85 $0.50 $ 500,001 - $ 750,000 $ 9.70 $0.35 $ 750,001 - $1,000,000 $ 9.60 $0.25 $ 1,000,001 - $5,000,000 $ 9.50 $0.15 As an example, a single purchaser would receive 50,380 Shares rather than 50,000 Shares for his/her or its investment of $500,000 and the Selling Commission would be $28,940. On the first $250,000 of the investment there would be no discount and the purchaser would receive 25,000 shares at $10 per share. On the remaining $250,000, the per share price would be $9.85 and the purchaser would receive 25,380 shares. A refund will be made to the purchaser for any fractional Shares based on the public offering price if such refund is in excess of $1.00. In the foregoing example, $7.00 would be refunded for the fractional Share. Selling Commissions for purchases of $5,000,000 or more are negotiable but in no event will the proceeds to the Company be less than $9.35 per Share. Selling Commissions paid will in all cases be the same for the same level of sales. Notwithstanding the foregoing, Selling Commissions for all purchases made by an investor pursuant to the DRIP shall be five percent of the purchase price of each Share purchased pursuant to the DRIP. The Company will pay to you for reallowance to Selected Dealers only, the amount of any due diligence expense reimbursement paid to the Selected Dealers which you have agreed to pay in the amount of up to one-half percent of the price of each Share sold by each Selected Dealer to which you have agreed to pay such a fee. From your total commissions, you agree to reallow to each Selected Dealer w...
Single Purchasers. (as defined in the Prospectus). In the case of such volume sales to Single Purchasers, on orders of $250,000 or more your Selling Commission shall be reduced by the amount of the Share purchase price discount. In the case of such volume sales to Single Purchasers, your selling commission will be reduced for each incremental share purchase in the total volume ranges set forth in the table below. Such reduced share price will not effect the amount received by the Company for investment. The following table sets forth the reduced Share purchase price and Selling Commission payable to you:

Examples of Single Purchasers in a sentence

  • In the case of such volume sales to Single Purchasers, your selling commission will be reduced for each incremental share purchase in the total volume ranges set forth in the table below.

  • In the case of such volume sales to Single Purchasers, on orders of $250,000 or more your Selling Commission shall be reduced by the amount of the Share purchase price discount.

  • What the drawback of this paper is that we assume future value based on past five years data, but the unexpected external factors are not taken into account.

Related to Single Purchasers

  • Purchasers is defined in Section 12.3.1.

  • Original Purchasers means RBC Capital Markets, LLC, Chicago, Illinois, and the other original purchasers designated by the Fiscal Officer in the Certificate of Award.

  • Additional Purchasers means purchasers of Additional Notes.

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.

  • Prospective Purchaser has the meaning set forth in Section 2.3(b)(i) hereof.

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • Eligible Purchaser means an Eligible Dealer or a corporation, partnership or other entity which we have reasonable grounds to believe and do believe can make representations with respect to itself to substantially the same effect as the representations set forth herein; "Eligible Dealer" means any corporation or other entity having as a principal business acting as a broker or dealer in securities.

  • Bona fide purchaser means a person who in good faith makes a purchase without notice of any outstanding rights of others.

  • Other Purchasers is defined in Section 2.

  • Original Purchaser means the original purchaser of the Bonds designated by the Fiscal Officer in the Certificate of Award.

  • Second Closing has the meaning set forth in Section 2.2.

  • Purchaser means the organization purchasing the goods.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Initial Purchasers shall have the meaning set forth in the preamble.

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Co-Investors means each of (a) the Fund and the Fund Affiliates (excluding any of their portfolio companies) and (b) the Management Group.

  • Third Party Purchaser has the meaning set forth in Section 3.3.

  • Purchaser/ User means ultimate recipient of goods and services

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Substitute Purchaser is defined in Section 21.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Purchaser’s Representatives shall have the meaning ascribed to it in Section 6(a) herein.