Examples of Upfront Purchase in a sentence
The compensation to Seller for the performance of its obligations as Servicer of the Purchased Receivable is included in the payment of the Upfront Purchase Price for the Purchased Receivable.
The Upfront Purchase Price shall be due and payable upon Closing by BII to MabVax Therapeutics Holdings Inc.
With respect only to the Company’s obligation to issue and sell the Upfront Purchase Shares, the cash purchase price for the Upfront Purchase Shares shall have been delivered to the Company on the Closing Date.
The Upfront Purchase Price shall be non-refundable and non-creditable, except as set forth in Section 7.
For the avoidance of doubt, the Upfront Purchase Price includes an amount equal to the Purchaser Equity Amount.
Intrexon acknowledges that the First Tranche Shares, Second Tranche Shares and Upfront Purchase Shares are restricted securities and must be held indefinitely unless subsequently registered under the Securities Act or the Company receives an opinion of counsel reasonably satisfactory to the Company that such registration is not required.
The Upfront Purchase Price paid on the Purchase Date reflects a reduction for the Transaction Fees and DPP Expenses.
Subject to Section 14.4.2 (i)(d), the Upfront Purchase Price shall be non-refundable and non-creditable.
The Parties agree to allocate the Upfront Purchase Price (and any other amounts treated as consideration for U.S. federal income tax purposes) among the Equity Interests and the Transferred Assets (the “Purchase Price Allocation”).
Notwithstanding anything to the contrary in this Agreement, unless and until Sapphire (or its relevant Subsidiary) has exercised the Put Option in respect of France (the “French Put Option”), the French Equity will not be considered to constitute a Transferred Entity and, if no such French Put Option is exercised prior to the Principal Closing, the Preliminary Upfront Purchase Price shall be reduced by the French Consideration (as such term is defined below).