Examples of VWAP Purchase Valuation Period in a sentence
The payment for, against delivery of, the total number of Shares constituting the applicable VWAP Purchase Share Amount purchased by the Investor in each VWAP Purchase shall be settled on the Trading Day immediately following the last Trading Day of the applicable VWAP Purchase Valuation Period for such VWAP Purchase (the VWAP Purchase Settlement Date).
The Closing of a VWAP Purchase Notice shall occur two (2) Business Days following the VWAP Purchase Valuation Period (the “VWAP Closing Date”), whereby the Investor shall deliver to the Company, by 5:00 p.m. New York time on the VWAP Closing Date, the VWAP Purchase Investment Amount by wire transfer of immediately available funds to an account designated by the Company.
In the event of a suspension, delisting, or halting for any reason, of the trading of the Common Stock during the applicable Fixed Purchase Valuation Period or VWAP Purchase Valuation Period, as contemplated by this Section 7.2(f), the Investor shall purchase the Purchase Notice Shares in the respective Purchase Notice at a value equal to the par value of the Company’s Common Stock.
The Closing of a VWAP Purchase Notice shall occur one (1) Business Day following the VWAP Purchase Valuation Period (the “VWAP Closing Date”); whereby the Investor shall deliver to the Company, by 5:00 p.m. New York time on the VWAP Closing Date, the VWAP Purchase Investment Amount by wire transfer of immediately available funds to an account designated by the Company.
The payment for, against delivery of, the total number of Shares constituting the applicable VWAP Purchase Share Amount purchased by the Investor in each VWAP Purchase shall be settled on the Trading Day immediately following the last Trading Day of the applicable VWAP Purchase Valuation Period for such VWAP Purchase (the “VWAP Purchase Settlement Date”).