Additional Purchase Price definition

Additional Purchase Price has the meaning provided in Section 1.2(b).

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Additional Purchase Price has the meaning ascribed thereto in Section 5.1 hereof;

Additional Purchase Price has the meaning specified in the Contract.

Examples of Additional Purchase Price in a sentence

Upon the Additional Closing, and as additional consideration for the Lender’s entry into this Amendment and the funding of the Additional Purchase Price, the Company shall issue to the Lender twenty-five thousand (25,000) shares of Common Stock (the “Additional Equity Kicker Shares”) as additional consideration for the Lender’s entry into this Amendment.
In consideration of the issuance and delivery by the Company of the Additional Securities, at the Additional Closing the Lender shall pay to the Company the Additional Purchase Price of $500,000.00 in immediately available funds to an account designated in writing by the Company.
The Company shall use the proceeds of the Additional Purchase Price for general working capital, IPO-readiness expenses, and such other purposes as may be agreed between the Company and the Lender in writing.
The obligation of the Company to consummate the Additional Closing is subject to (i) the truth and correctness in all material respects of the Lender’s representations and warranties set forth in Article IV of the Existing Purchase Agreement (as if made as of the Additional Closing Date) and Article VI of this Amendment; (ii) performance by the Lender in all material respects of its covenants under the Purchase Agreement and this Amendment; and (iii) receipt of the Additional Purchase Price by the Company.
The Company shall not, without the Lender’s prior written consent, apply any portion of the proceeds of the Additional Purchase Price to the repayment of any existing indebtedness of the Company.

More Definitions of Additional Purchase Price

Additional Purchase Price means, with respect to any Additional Purchase made pursuant to Section 2(b) hereof, the lower of: (i) $5.00 per share and (ii) ninety-six percent (96%) of the Purchase Price (as defined below) (in each case, to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction that occurs on or after the date of this Agreement).

Additional Purchase Price has the meaning set forth in Schedule 5.05.

Additional Purchase Price shall have the meaning set forth in Section 2.03.

Additional Purchase Price. The Additional Purchase Price as defined in the Contracts.

Additional Purchase Price means, with respect to any Additional Purchase made pursuant to Section 2(c) hereof, the lower of: (i) $2.00 per share and (ii) ninety-five percent (95%) of the Purchase Price (as defined below) (in each case, to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction that occurs on or after the date of this Agreement).

Additional Purchase Price has the meaning assigned to that term in Section 2.5(a).

Additional Purchase Price has the meaning set forth in Section 2.4.