Subscription Price definition
Examples of Subscription Price in a sentence
With effect from the date of this Agreement, and subject to the satisfaction of the conditions precedent set out in Clause 3.1(a) (Conditions Precedent to First Tranche Closing), the Initial Subscriber undertakes to the Issuer that, subject to and in accordance with the terms and conditions of this Agreement, it will subscribe for the First Tranche Bonds in the principal amount of €22,500,000 on the First Tranche Closing Date at the Subscription Price (less any Agreed Expenses).
Any such amount shall be deducted by the Initial Subscriber from the Subscription Price for the First Tranche Bonds in accordance with the terms of the Amended and Restated Subscription Agreement.
On the Second Tranche Closing Date, the Issuer shall pay to the Initial Subscriber the Second Tranche Subscription Fee, which shall be set-off against the Subscription Price.
On the First Tranche Closing Date, the Issuer shall pay to the Initial Subscriber the First Tranche Subscription Fee, which shall be set-off against the Subscription Price.