Initial Purchase Notice definition

Initial Purchase Notice shall have the meaning assigned to such term in the recitals hereof.

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Initial Purchase Notice means, with respect to the Initial Purchase made pursuant to Section 2(a) hereof, as applicable, an irrevocable written notice from the Company to the Investor directing the Investor to buy the Initial Purchase Amount of Initial Purchase Shares as specified by the Company therein at the Initial Purchase Price within 30 days of the Commencement Date.

Initial Purchase Notice means a purchase notice delivered to the Investor by the Company pursuant to Section 2(a), which, for the avoidance of confusion, may not be delivered more than once.

Examples of Initial Purchase Notice in a sentence

• The Initial Purchase Notice and any Regular Purchase Notice shall be deemed delivered on (i) the Business Day that such Purchase Notice has been received by email by the Investor if such Purchase Notice is received on or prior to 8:00 a.m. New York time, or (ii) the next Business Day if such Purchase Notice is received by email after 8:00 a.m. New York time on a Business Day or at any time on a day which is not a Business Day.

• For the Initial Purchase Notice, the Company must select the Initial Purchase Price at which to sell the Purchase Notice Securities subject to such Initial Purchase Notice.

• The Company acknowledges and agrees that the amount of Purchase Notice Securities shall not exceed the Initial Purchase Notice Limitation.

• From the Closing Date with respect to the Initial Purchase Notice until fifteen (15) days thereafter, the Company shall not issue, enter into any agreement to issue, or announce the issuance or proposed issuance of, any ADSs or Ordinary Shares in an At The Market Offering at a price below the Initial Purchase Price (in the case of Ordinary Shares, as adjusted to reflect the then-current ADS to Ordinary Share ratio pursuant to the ADS Deposit Agreement).

More Definitions of Initial Purchase Notice

Initial Purchase Notice means a written notice from Company, substantially in the form of Exhibit A hereto, to the Investor setting forth the Purchase Notice Shares which the Company requires the Investor to purchase pursuant to the terms of this Agreement.

Initial Purchase Notice means the first Purchase Notice from the Company to the Investor.

Initial Purchase Notice means the closing of a purchase and sale of shares of Common Stock as described in Section 2.2.

Initial Purchase Notice means, with respect to the Initial Purchase pursuant to Section 2(a) hereof, an irrevocable written notice delivered by the Company to the Investor promptly following the Commencement on the Commencement Date, so that it is received by the Investor not later than 4:15 p.m., Eastern time, on the Commencement Date (confirmation of which shall be provided by the Investor to the Company promptly upon such receipt), directing the Investor to buy the Initial Purchase Shares at the Initial Purchase Price, calculated in accordance with this Agreement and specified by the Company therein, on the Commencement Date.