Purchase Cycle definition

Purchase Cycle means each six-month period, or such other period as determined by the Administrator in its sole discretion pursuant to Section 5.2. The first Purchase Cycle shall commence on February 1, 2013 and end on July 31, 2013.
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Purchase Cycle has the meaning set forth in the Abbott ESPP.
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Purchase Cycle means the process by which Products are selected from the website by you, added to the Shopping Cart by you, processed and paid for by you;
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Examples of Purchase Cycle in a sentence

  • If you do not get a grace period for the Purchase Cycle, we charge interest charges from the day the purchase is posted to the Account through the Interest End Date.

  • If you get a grace period for the Purchase Cycle but not for the Next Cycle, we charge interest charges from the first day of the Next Cycle through the earlier of: (1) the day the purchase is repaid in full; or (2) the day before the beginning of the first billing cycle that comes after the Next Cycle and for which you get a grace period (the “Interest End Date”).

  • Retention of shares: Before the commencement of any Purchase Cycle, the Administrator may require that any shares purchased during a Purchase Cycle be retained with a designated broker for a designated period of time (and may restrict dispositions during that period) and/or may establish other procedures to restrict transfer of such shares and/or require that shares purchased under the ESPP automatically participate in a dividend reinvestment plan or program maintained by Abbott.

  • At the end of the Purchase Cycle, unless a Participant has previously ceased participation in the ESPP, a Participant's Purchase Right will be automatically exercised on each purchase date to purchase that number of full Common Shares that the balance credited to such Participant's account will entitle him or her to purchase.

  • The enrolment period normally occurs during the calendar month preceding a Purchase Cycle.

  • The total net proceeds of any exercise of the Purchase Right during each Purchase Cycle will vary from Purchase Cycle to Purchase Cycle.

  • The ESPP imposes certain limitations upon a Participant's right to acquire Common Shares, including that no Participant may contribute more than the equivalent in local currency of USD 12,500 during any Purchase Cycle towards the purchase of Common Shares.

  • Under the ESPP, the maximum contribution that any individual Participant may contribute in each Purchase Cycle towards the purchase of Common Shares is the equivalent in local currency of$12,500.

  • The total net proceeds of any exercise of Purchase Rights during a Purchase Cycle (each such capitalised term as defined in or determined pursuant to the terms of the relevant Share Plans) will vary from Purchase Cycle to Purchase Cycle.

  • Termination of employment: If a Participant terminates employment with his or her Participating Employer for any reason prior to the expiration of a Purchase Cycle, then the Participant's participation in the ESPP will immediately terminate and the amount credited to the Participant's account will be refunded as soon as reasonably practicable without interest (unless otherwise required under local law).


More Definitions of Purchase Cycle

Purchase Cycle means the process by which Products are selected from the website, added to the Shopping Cart, and processed by way of a Purchase Order;
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Purchase Cycle means each six-month period, or such other period as determined by the Administrator in its sole
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Related to Purchase Cycle

  • Purchase Event means any of the following events:

  • Purchase Contract Settlement Date means ________________________, ____.]

  • Purchase Period means a period of time specified within an Offering, generally beginning on the Offering Date or on the first Trading Day following a Purchase Date, and ending on a Purchase Date. An Offering may consist of one or more Purchase Periods.

  • Failed Remarketing Condition—Purchased VRDP Shares means that the Liquidity Provider acquires and continues to be the beneficial owner for federal income tax purposes of any shares of a Series of VRDP Shares in connection with purchases made pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) on any Purchase Date, including shares of a Series of VRDP Shares that the Liquidity Provider continues to be the beneficial owner of for federal income tax purposes after the expiration or termination of the VRDP Shares Purchase Agreement.

  • Regular Purchase Notice means, with respect to any Regular Purchase pursuant to Section 2(a) hereof, an irrevocable written notice from the Company to the Investor directing the Investor to buy such applicable amount of Purchase Shares at the applicable Purchase Price as specified by the Company therein on the Purchase Date.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Fund, at a Redemption Price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a period of six months during which such VRDP Shares cannot be successfully remarketed (i.e., a Failed Remarketing Condition--Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Fund on a first-in, first-out basis, in accordance with and subject to the provisions of the VRDP Fee Agreement and this Statement.

  • Subscription Period means the defined period of time of the Subscription as set forth in an Order Form.

  • Stock Purchase Date has the meaning specified in the Stock Purchase Contract Agreement.

  • VWAP Purchase Notice means an irrevocable written notice from the Company to the Buyer directing the Buyer to buy Purchase Shares on the VWAP Purchase Date pursuant to Section 1(c) hereof as specified by the Company therein at the applicable VWAP Purchase Price with the applicable VWAP Purchase Share Percentage specified therein.

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Fundamental Change Purchase Notice has the meaning specified in Section 3.01(a)(i).

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • VWAP Purchase Date means, with respect to any VWAP Purchase made hereunder, the Business Day following the receipt by the Buyer of a valid VWAP Purchase Notice that the Buyer is to buy Purchase Shares pursuant to Section 1(c) hereof.

  • Redemption Call Purchase Price has the meaning ascribed thereto in section 5.2(a);

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Purchase Notice has the meaning set forth in Section 1.2.

  • Preliminary Purchase Event means any of the following events:

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Fundamental Change Purchase Price has the meaning specified in Section 5.01(a).

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Mandatory Purchase Event means, (i) in connection with the termination of this Agreement due to its expiration as of a Scheduled Termination Date, by the fifteenth (15th) day prior to any such Scheduled Termination Date, (a) the Liquidity Provider shall not have agreed to an extension or further extension of the Scheduled Termination Date to a date not earlier than 180 days from the Scheduled Termination Date of this Agreement then in effect, and (b) the Fund shall not have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Shares Purchase Agreement with a termination date not earlier than 180 days from the Scheduled Termination Date of this Agreement, or (ii) in connection with the termination of this Agreement due to a Liquidity Provider Ratings Event or Related Party Termination Event, by the fifteenth (15th) day prior to the Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, the Fund shall not have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Shares Purchase Agreement with a termination date not earlier than 180 days from the Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, of this Agreement. The Mandatory Purchase Event shall be deemed to occur on such fifteenth (15th) day prior to any Scheduled Termination Date, Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be.