First Purchase Price definition

First Purchase Price has the meaning set forth in Section 2.1(a).

First Purchase Price means an amount in cash equal to the product of (i) the number of shares of First Common Stock multiplied by (ii) the Per Unit Purchase Price.

First Purchase Price has the meaning set forth in Section 2.2 of this Agreement.

Examples of First Purchase Price in a sentence

• First Purchase Price means $5.60 per IOF Security, multiplied by the number of First Sale Securities.

• On the First Completion Date, Oxford shall pay or procure the Oxford Nominee to pay the First Purchase Price to ICPF in cash to an account nominated by ICPF in immediately available funds (or, failing nomination of a bank account, by bank cheque).

• ICPF agrees to sell and transfer to Oxford (or the Oxford Nominee), and Oxford agrees for it or the Oxford Nominee to purchase from ICPF, all of the First Sale Securities for the First Purchase Price on the terms and conditions of this deed.

• The date on which the First Closing actually occurs shall be referred to herein as the “First Closing Date.” At the First Closing, the Company shall issue the First Common Stock and First Warrants to the Purchaser free and clear of all Liens against payment by the Purchaser of the First Purchase Price.

• Table 2-4 shows U.S. production in 2009 at 1938 million bbl per year, the highest level since 2004.However, annual domestic production of crude oil has dropped by almost 750 million bbl since 1990.Table 2-4 Crude Oil Domestic Production, Wells, Well Productivity, and U.S. Average First Purchase Price Source: U.S. Energy Information Administration, Annual Energy Review 2010.First purchase price represents the average price at the lease or wellhead at which domestic crude is purchased.

More Definitions of First Purchase Price

First Purchase Price means One Hundred Million U.S. Dollars (USD$100,000,000).

First Purchase Price represents the amount equal to the product of the First Common Membership Interests and the Unit Purchase Price rounded up to the nearest KRW and shall in no event be less than 100 billion KRW.

First Purchase Price means an amount in cash equal to the product of (i) the number of shares of First Common Stock multiplied by(ii) the Per Unit Purchase Price.

First Purchase Price represents the total purchase price payable by the Purchaser to the Seller for the First Common Membership Interests to be purchased at the First Closing and shall in no event be less than 120 billion KRW, with the exact amount to be finalized by the Seller and the Purchaser in writing before the First Closing.

First Purchase Price has the meaning set forth in Section 2.2. “First Purchased Shares” has the meaning set forth in Section 2.1.

First Purchase Price means the purchase price paid for securities under the First Transaction on the First Purchase Date.

First Purchase Price means the First Base Price plus or minus, as applicable, the Purchase Price Adjustment for the First Tranche Shares plus, if cash is paid on account of any Preferred Shares not issued on the First Closing Date, interest on such cash balance at a rate of 10% per annum from the First Closing Date until the date of payment.