Common use of Standby Commitment Clause in Contracts

Standby Commitment. Upon payment of the Purchase Price and the delivery of the Securities, the Commitment Amount shall be reduced to $9,000,000, which may be drawn and/or reduced by the Company as provided in the Note Purchase Agreement.

Appears in 2 contracts

Sources: Note and Warrant Purchase Agreement (Bluefly Inc), Note and Warrant Purchase Agreement (Soros George)

Standby Commitment. Upon payment of the Purchase ------------------- Price and the delivery of the Securities, the Commitment Amount shall be reduced to $9,000,0006,000,000, which may be drawn and/or reduced by the Company as provided in the Note Purchase Agreement.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Soros Fund Management LLC)

Standby Commitment. Upon payment of the Purchase Price ------------------ and the delivery of the Securities, the Commitment Amount shall be reduced to $9,000,0003,000,000, which may be drawn and/or reduced by the Company as provided in the Note Purchase Agreement.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Soros Fund Management LLC)

Standby Commitment. Upon payment of the Purchase Price and the delivery of the Securities, the Commitment Amount shall be reduced to $9,000,0003,000,000, which may be drawn and/or reduced by the Company as provided in the Note Purchase Agreement.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Bluefly Inc)

Standby Commitment. Upon payment of the Purchase Price and the delivery of the Securities, the Commitment Amount shall be reduced to $9,000,0006,000,000, which may be drawn and/or reduced by the Company as provided in the Note Purchase Agreement.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Bluefly Inc)