DM Purchase definition
Examples of DM Purchase in a sentence
Notwithstanding any provision contained herein to the contrary (including Section 2.2 and Section 2.4), and for the avoidance of doubt, the ▇▇▇▇▇ DM Purchase Price shall not be subject to adjustment after the Closing.
Upon its receipt of any such notice, the Administrative Agent shall declare the Liquidation Day in respect of all Receivable Interests that shall have arisen by reason of a DM Purchase.
The aggregate purchase price for: (i) the Minority ▇▇▇▇▇ DM Securities shall be an amount equal to One Thousand U.S. Dollars ($1,000 USD) (the “Minority ▇▇▇▇▇ DM Purchase Price”); and (ii) the Majority JHDM Securities shall be an amount equal to Nine Hundred Ninety Eight Thousand U.S. Dollars ($998,000 USD) (the “Majority JHDM Purchase Price”).
The aggregate purchase price for the Minority JHDM Securities shall be an amount equal to One Thousand US Dollars ($1,000 USD) (the “Minority JHDM Purchase Price”, and together with the Majority JHDM Purchase Price and the Minority ▇▇▇▇▇ DM Purchase Price, the “▇▇▇▇▇ DM Purchase Price”).
Not less than $2,000,000 (or the Dollar Equivalent thereof in the case of a Receivable Interest arising from a DM Purchase) of Capital may be allocated to any single Receivable Interest.
Except with respect to the Minority ▇▇▇▇▇ DM Purchase Price, the Minority JHDM Purchase Price and the Majority JHDM Purchase Price, neither of which shall be adjusted after the Closing, each party hereto shall, including retroactively, treat payments made pursuant to this Agreement after the Closing as adjustments to the final purchase price for Tax purposes to the extent permitted by applicable Legal Requirements.
A Purchase Date may occur, in the case of a Dollar Purchase, on any Business Day prior to the Facility Termination Date and, in the case of any DM Purchase, on the tenth Business Day of any month prior to the Facility Termination Date.
Each Purchase Notice shall, except as set forth below, be irrevocable and shall specify the requested (i) Purchase Price (which shall not be less than $2,000,000, or the Dollar Equivalent thereof in the case of any DM Purchase), (ii) currency of such Purchase Price, whether Dollars or Deutsche Marks, (iii) Purchase Date and (iv) in the case of a Dollar Purchase, the duration of the initial Tranche Period and the initial Discount Rate related thereto.