Purchase. A definition

Purchase. A. Purchase" shall mean the purchase for cash by the Corporation of a number of whole shares of Stock from a Selling Stockholder, said number to be determined by subtracting from such Selling Stockholder's Allocable Insurance Proceeds (as hereinafter defined) any indebtedness due and payable to the Corporation by such Selling Stockholder and dividing the remainder by the price for shares of Stock (to be determined in accordance with Article 5.00), rounded down to the next whole share of Stock. The "Allocable Insurance Proceeds" for each Selling Stockholder shall mean the net proceeds payable to the Corporation following Kowaxxxx'x xxxth from the insurance policy listed on Exhibit B (the "Net Insurance Proceeds"), multiplied by a fraction, the numerator of which is the number of shares of Stock designated in the Exercise Notice by such Selling Stockholder, and the denominator of which is the number of shares of Stock designated in all Exercise Notices by all Selling Stockholders.
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Examples of Purchase. A in a sentence

  • Proprietary Purchase - A proprietary product is one that is manufactured and marketed by a person or persons having the exclusive right to manufacture and sell the product.

  • Direct Purchase - A transaction in which a purchase is made from a sole source vendor.

  • Emergency Purchase - A purchase made when unforeseen circumstances arise, including delays by contractors, delays in transportation and an unanticipated volume of work.

  • Sole Source Purchase - A purchase of commodities or services that are non-competitive.

  • Fraud Purchase - A fraud purchase is any use of the travel card which is determined to be an intentional attempt to defraud the state for personal gain or for the personal gain of others.

  • Non-Approved Purchase - A non-approved purchase made by a State cardholder is a purchase for which payment by the state is unapproved.

  • Social factors, cultural factors, personal factors and psychological factors are generally the main factors that influence individual purchase behavior (Tiwari, 2016).Organizational Purchase: - A purchase will be considered to be organizational if it is made in the name of a company or organization, regardless of size, from a medium sized company up to a multinational or state company.

  • Direct Purchase - A direct purchase of a capital asset is a purchase of property, i.e. equipment, land, building, for cash.

  • Sole Source Purchase - A purchase of commodities or services that are non competitive, i.e. product or services being purchased must perform a function for which no other product or source of services exists.

  • Sole Source Purchase - A purchase of commodities or services that are non- competitive.

Related to Purchase. A

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Purchase Agreement shall have the meaning set forth in the preamble.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Series B Purchase Agreement means that certain Series B Preferred Stock Purchase Agreement, dated as of November 10, 2015, as amended and supplemented to date, by and among the Company and the investors signatory thereto.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Receivables Purchase Price The amount described in Section 2.02 of the Pooling Agreement.

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Purchase Agreements has the meaning set forth in the Recitals.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Stock Purchase Agreements the meaning set forth in the recitals to this Agreement.

  • Subsequent Purchase Agreement means an agreement by and between the Seller and the Purchaser pursuant to which the Purchaser will acquire Subsequent Receivables.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).