Additional Purchase Right definition

Additional Purchase Right shall have the meaning given to such term in that certain Securities Purchase Agreement dated as of December 21, 2009, among the Company, JH Partners, LLC and the Investors listed on the schedule thereto, as amended.
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Additional Purchase Right is defined in Section 6.06(b).
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Additional Purchase Right shall have the meaning set forth in Article VIII of the Purchase Agreement.
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Examples of Additional Purchase Right in a sentence

  • Sellers shall promptly notify Purchaser of Sellers’ exercise of the Additional Purchase Right, and Purchaser shall have fifteen (15) business days following receipt of such notice to exercise the right to purchase such additional shares of Series B Preferred Stock and Series C Preferred Stock at a closing to occur on a date designated by the Purchaser to occur not later than twenty (20) business days following receipt of notice from Sellers.

  • LAND USE COMPATIBILITY WITH YEARLY DAY-NIGHT AVERAGE SOUND LEVELS Numbers in parenthesis refer to notes; see continuation of Table 1 for notes and key.

  • In addition, in the event that the Company exercises the Additional Purchase Right, it shall issue a press release and file a Form 8-K announcing the exercise of the Additional Purchase Right and disclosing all material terms and conditions of the Additional Purchase Right prior to the opening of the financial markets in New York City on the business day immediately after the date of the Additional Shares Exercise Notice.

  • Upon the purchase of any shares of Preferred Stock pursuant to the Additional Purchase Right, the Purchaser or its assigns shall receive additional Warrants to purchase that number of shares of Common Stock as is equal to 20% of the number of shares of Common Stock into which such additional shares of Preferred Stock are convertible.

  • Except as provided herein, shares of Series D Preferred Stock and Warrants purchased pursuant to the Settlement Additional Purchase Right shall be subject to the same terms and conditions of the Securities Purchase Agreement as if they were Additional Purchase Shares or Additional Warrants, respectively.

  • The Investors may elect to exercise or not exercise the Additional Purchase Right in their sole discretion.

  • To ensure these non-commercial organisations have one operative standard telephone service at their premises, Telstra will provide a priority status for the repair of the standard telephone service in accordance with its Community, Essential and Emergency Services Policy.

  • The Additional Purchase Right pursuant to this Article VIII shall be freely transferable, subject to compliance with all applicable laws, including, but not limited to the Securities Act.

  • Pursuant to the Subscription Agreement as amended by this Agreement and subject to the terms and conditions hereof, the Company hereby exercises the first Additional Purchase Right.

  • Nothing contained in this Agreement and no action taken by the Investors nor any failure by the Investors to take any action pursuant hereto shall create any obligation on the part of Investors to exercise the Additional Purchase Right or create any liability on the part of Investors to the Company for failure to exercise the Additional Purchase Right.


More Definitions of Additional Purchase Right

Additional Purchase Right shall have the meaning set forth in Section 2.2.
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Related to Additional Purchase Right

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

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

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

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

  • Optional Purchase Date As defined in Section 8.01(a) of the Servicing Agreement. Optional Purchase Percentage: 10.00%.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Repurchase Right has the meaning specified in Section 11.1 hereof.

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • 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.

  • Original Purchase Date means with respect to any Loan, the date such Loan was purchased by Town Hall Funding from the Master Depositor pursuant to the Conveyance Agreement.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Optional Purchase Percentage means 5%.

  • Initial Purchase Price has the meaning set forth in Section 2.1.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Additional Purchasers means purchasers of Additional Notes.

  • Initial Purchase Date means the date of the Initial Purchase.

  • Purchase Rights shall have the meaning set forth in Section 5(c).

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2011-1 Vehicle for which the related 2011-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Initial Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Final Purchase Date means the final date on which a purchase and sale of Loans and their Related Security is completed pursuant to the terms of the Mortgage Sale Agreement;

  • Preliminary Purchase Event means any of the following events:

  • Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).