Examples of Aggregate Purchase Commitment in a sentence
In the event of a Sale, each Purchaser shall purchase a Note in the amount of its pro rata share, determined by multiplying the Sale Amount by a fraction, the numerator of which is such Purchaser's Individual Purchase Commitment and the denominator of which is the Aggregate Purchase Commitment (each a "Pro Rata Share").
Such funds will be deposited in an interest bearing bank account.
All covenants, agreements, representations and warranties made by the Company herein and in the certificates or other instruments prepared or delivered in connection with or pursuant to this Agreement shall be considered to have been relied upon by the Purchaser and shall survive the date of this Agreement, regardless of any investigation made by the Purchaser or on its behalf, and shall continue in full force and effect so long as the Aggregate Purchase Commitment has not been fulfilled or terminated.
The total initial aggregate principal amount of all Notes sold by the Company to the Purchasers shall not exceed $1,500,000 (the "Aggregate Purchase Commitment").
The total initial aggregate principal amount of all Notes sold by the Company to the Purchasers shall not exceed $600,000.00 (the "Aggregate Purchase Commitment").
Either Party may terminate this Agreement upon twelve (12) months prior written notice by either Party, provided, however, except as otherwise set forth in this Section 11, neither Party may elect to terminate this Agreement prior to the later to occur of (i) the seven (7) year anniversary of the Effective Date and (ii) QTX’s purchase of the Minimum Aggregate Purchase Commitment (as defined in Section 5.3).
For Individual Investors: For Investors other than Individuals: Signature Name of Entity (Please Print) Name (Please Print) By: _ _Signature Name (Please Print) Title All Investors: Aggregate Purchase Commitment: US$: _ _ Price Per Share: $1.30 On this day of May, 2005, on behalf of the Company, a subscription for $ of Shares is hereby accepted by the Company.
In the event that Gen-Probe fails to purchase the Minimum Aggregate Purchase Commitment of eight hundred (800) Production Instruments during the initial Term of this Agreement, in accordance with Section 2.1, Gen-Probe shall pay STRATEC [***] for each instrument it fails to purchase, less an amount equal to the payments made by Gen-Probe pursuant to the immediately preceding sentence (concerning the Minimum ***Confidential Treatment Requested Annual Purchase Commitment).
Except as expressly set forth in this section, Gen-Probe shall not have any other liability whatsoever to STRATEC in connection with the Minimum Annual Purchase Commitment or the Minimum Aggregate Purchase Commitment.
Notwithstanding anything to the contrary set forth in this Agreement, Funder will keep the OBL Application Portal open solely to the extent that (i) OBLs certified by the Prospective Borrowers therein are eligible, and (ii) no Material Adverse Event has occurred or is continuing, and (iii) the Aggregate Purchase Commitment has not been exceeded for OBLs to Borrowers purchased by Funder.