Aggregate Sale Sample Clauses

Aggregate Sale. Pursuant to this Agreement, the Company shall sell up to 90.988 Units, consisting of up to an aggregate of 1,364,820 Shares of Common Stock and up to an aggregate of 682,410 Warrants to purchase Common Stock of the Company. Each Unit consists of 15,000 shares of Common Stock and 7,500 Warrants. The Unit Purchase Price will be equal to the product of 15,000 multiplied by $4.875. Each Unit will be sold at a purchase price of $73,125 per Unit. Each Warrant issued shall be in the form of Exhibit H attached hereto and shall entitle the holder to purchase one Share of Common Stock of the Company at an exercise price equal to 130% of $4.875. The Warrants shall be exercisable for a term of five years from the date of issuance.
Sample 1Sample 2
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Aggregate Sale. Pursuant to this Agreement, the Company shall sell an aggregate number of Shares not less than 1,500,000 Shares for an aggregate Purchase Price of $6,000,000 (the "Minimum Investment Amount") nor more than 2,500,000 Shares for an aggregate Purchase Price of $10,0000,000 (the "Maximum Investment Amount").
Sample 1
Aggregate Sale. Pursuant to this Agreement, the Company shall sell a minimum of $200,000 (the "Minimum Investment Amount") and a maximum of $2,000,000 of its Units. The purchase price of the Units will be the market price (the "Market Price"), which shall be calculated based on the five day trailing average closing price of the Common Stock as quoted on the American Stock Exchange ("AMEX") for the five days up to and including the close of business on the date immediately prior to the closing of this transaction plus $.0625, multiplied by 100. Each Warrant issued shall have an exercise price equal to 135% of the Market Price and shall be exercisable for a term of five years from the date of issuance and shall be subject to the other terms and conditions set forth in the Warrant.
Sample 1
Aggregate Sale. Subject to the terms and conditions hereof, the Company shall issue and sell to Purchaser an aggregate of 2,873,563 Shares of Common Stock. The purchase price will be $0.522 per share, for an aggregate purchase price of $1,499,999.80. The Company shall sell a Warrant to Purchaser to purchase an additional 2,873,563 shares of the Company's Common Stock. The purchase price of such Warrant shall be $100,000. The shares of Common Stock issuable upon the exercise of the Warrant (the "Warrant Shares") shall have an exercise price equal to $0.522 per share and shall be exercisable from the date of issuance until the close of business on September 29, 2001, and shall be subject to the other terms and conditions set forth in the Warrant.
Sample 1
Aggregate Sale. The Purchase Price of the Shares and Warrants will be the market price (the "Market Price") of the Common Stock, which shall be calculated based on the average of the daily volume weighted average price on the American Stock Exchange ("AMEX"), as reported by Bloomberg Financial, L.P., for the five trading days up to and including the close of business on June 11, 2003 or such other date as may be mutually agreeable to the Company and the Purchasers (the "Closing Date"), multiplied by the number of Shares set forth opposite such Purchaser's name on the signature page hereto. The number of Warrants issued shall be equal to 60% of the number of Shares purchased by such Purchaser hereunder. The Warrants shall have an exercise price equal to 125% of the Market Price, shall be exercisable for a term of five years from the date of issuance, and shall be subject to the other terms and conditions set forth in the Warrant.
Sample 1
Aggregate Sale. Subject to the terms and conditions hereof, the Company shall issue and sell to Purchaser an aggregate of 5,279,034 Shares of Common Stock. The purchase price will be $0.663 per share, for an aggregate purchase price of $3,500,000.
Sample 1

Related to Aggregate Sale

  • Aggregate Purchase Price The aggregate purchase price for the Notes (the “Aggregate Purchase Price”) shall equal the result of (x) divided by (y), where (x) equals the Aggregate Principal Amount and (y) equals 1.25. Each date upon which a Closing occurs is a “Closing Date”.

  • Aggregate Net Assets For each Lifecycle Portfolio, Aggregate Net Assets include the net assets of all the JHF II Lifecycle Portfolios and the net assets of all the JHT Lifecycle Trusts. The JHT Lifecycle Trusts are: the Lifecycle 2010 Trust, Lifecycle 2015 Trust, Lifecycle 2020 Trust, Lifecycle 2025 Trust, Lifecycle 2030 Trust, Lifecycle 2035 Trust, Lifecycle 2040 Trust, Lifecycle 2045 Trust and Lifecycle 2050 Trust. Lifestyle Portfolios Rates Applied to Aggregate Net Assets of the Fund of Funds (1) Fund of Funds Affiliated Fund Assets Other Assets First $7.5 billion Excess Over $7.5 billion First $7.5 billion Excess Over $7.5 billion Each Lifestyle Portfolio 0.050% 0.040% 0.500% 0.490%

  • No Payment Shall Exceed Lawful Rate Notwithstanding any other term of this Agreement, the Borrower shall not be obliged to pay any interest or other amounts under or in connection with this Agreement or otherwise in respect of the Obligations in excess of the amount or rate permitted under or consistent with any applicable law, rule or regulation.

  • Increase in the Aggregate Commitments (a) The Borrower may, at any time but in any event not more than once in any calendar year prior to the Termination Date, by notice to the Administrative Agent, request that the aggregate amount of the Commitments be increased by an amount of $10,000,000 or an integral multiple thereof (each a “Commitment Increase”) to be effective as of a date that is not later than 90 days prior to the scheduled Termination Date then in effect (the “Increase Date”) as specified in the related notice to the Administrative Agent; provided, however that (i) in no event shall the aggregate amount of the Commitments at any time exceed $2,000,000,000 and (ii) on the date of any request by the Borrower for a Commitment Increase and on the related Increase Date, the applicable conditions set forth in Section 3.03 shall be satisfied.

  • REDUCTIONS OF AGGREGATE COMMITMENT If any reduction in the Aggregate Commitment occurs between the date of this Assignment Agreement and the Effective Date, the percentage interest specified in Item 3 of Schedule 1 shall remain the same, but the dollar amount purchased shall be recalculated based on the reduced Aggregate Commitment.

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Reduction of Total Commitment The Borrower shall have the right at ----------------------------- any time and from time to time upon five (5) Business Days prior written notice to the Agent to reduce by $2,500,000 or an integral multiple of $500,000 in excess thereof or terminate entirely the Total Commitment, whereupon the Commitments of the Banks shall be reduced pro rata in accordance with their --- ---- respective Commitment Percentages of the amount specified in such notice or, as the case may be, terminated. Promptly after receiving any notice of the Borrower delivered pursuant to this (S)2.3, the Agent will notify the Banks of the substance thereof. Upon the effective date of any such reduction or termination, the Borrower shall pay to the Agent for the respective accounts of the Banks the full amount of any commitment fee then accrued on the amount of the reduction. No reduction or termination of the Commitments may be reinstated.

  • Aggregate Leave The aggregate amount of leave of absence from employment that may be taken by an employee under Article 21.1 and 21.2 in respect of the birth or adoption of any one child shall not exceed fifty-two (52) weeks, except as provided under Article 21.1(f) and/or 21.2(d). Where an employee is granted total maternity leave under Articles 21.1(a) and 21.1(f) of greater than fifty-two (52) weeks, the employee shall not be entitled to parental leave under Article 21.2.

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Minimum Amounts and Maximum Number of Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

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