Minimum Draw Down Amount definition

Minimum Draw Down Amount means $250,000.
Minimum Draw Down Amount means $200,000.
Minimum Draw Down Amount means $500,000.

Examples of Minimum Draw Down Amount in a sentence

  • In no event shall any Draw Down Amount be less than the Minimum Draw Down Amount or exceed the Maximum Draw Down Amount.

  • Section 9.1 Minimum Draw Down Amount.........................................

  • Shaded text in these standards identifies supplementary requirements and guidance appropriate in the context of Irish legislation and business practice.

  • Subject to the terms and conditions of this Agreement, the Company, at its sole and exclusive option, may issue and sell to the Buyer, and the Buyer shall purchase from the Company, up to Fifteen Million Dollars (U.S.) ($15,000,000) of the Company's Preferred Stock, based on up to as many Draw Downs (each Draw Down subject to the Minimum Draw Down Amount) as the Company, in its sole discretion, shall choose to deliver during the Commitment Period.

  • On any business day during the Commitment Period, provided that the trading price for the Company's Common Stock is greater than or equal to the Floor Price, the Company may deliver a Draw Down Notice to the Buyer, subject to the satisfaction of the conditions set forth in Sections 6.2 and 6.3; provided, however, the Investment Amount for each Draw Down as designated by the Company in the applicable Draw Down Notice shall not be less than the Minimum Draw Down Amount.


More Definitions of Minimum Draw Down Amount

Minimum Draw Down Amount means, as of the date of determination, the lesser of (i) the portion of the Commitment Amount outstanding as of such date of determination and (ii) $10,000,000.
Minimum Draw Down Amount. Section 1 "Minimum Share Amount" Section 1 "NASD" Section 3.1(f) "Notice" Section 6.9(e) "Notice of Blocking Period" Section 3.3 "Organic Change" Section 2.6(b)(iii) "Owned Intellectual Property" Section 1 "Permitted Transferee" Section 7.1 "Person" Section 1 "
Minimum Draw Down Amount means $75,000.
Minimum Draw Down Amount means $5,000.
Minimum Draw Down Amount means the minimum dollar amount the Investor is obligated to pay the Company for shares of Common Stock pursuant to a Capital Demand Notice; provided, however, that the Minimum Draw Down Amount shall be subject to the limitations in Sections 1.1 and 1.2.
Minimum Draw Down Amount means the minimum dollar amount the Underwriter is obligated to sell in shares of Common Stock pursuant to a Capital Demand Notice; provided, however, that the Minimum Draw Down Amount shall be subject to the limitations in Sections 2.1 and 2.2; provided further, that the Minimum Draw Down Amount shall not be more than 10% of the aggregate number of shares of Common Stock traded on each Trading Day during the Selling Period, as reported by Bloomberg Financial LP using the AQR function multiplied by the volume weighted average of the VWAP on each Trading Day during such ten Trading Day period; provided, that the number of shares traded on each Trading Day, as used pursuant to the above proviso, shall be zero for any Trading Day that the VWAP is below the Hard Floor Price.
Minimum Draw Down Amount shall be One Million U.S. Dollars (US$1,000,000) per Draw Down Notice.