Purchase Price Reserve definition

Purchase Price Reserve. Amount corresponding to the percentage rate set out in schedule 1 (Terms and Conditions) of the Nominal Amount. Kaufpreiseinbehalt: Betrag, der dem Prozentsatz des Nominalbetrags wie in Anhang 1 (Konditionen) entspricht.
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Purchase Price Reserve means $5,000,000 of the Purchase Price plus the DIP Reserve Amount.
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Purchase Price Reserve. Amount corresponding to the percentage rate set out in schedule 1 (Terms and Conditions) of the Nominal Amount.
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Examples of Purchase Price Reserve in a sentence

  • Account on which the Purchase Price Reserve is booked (see clause 4.1 and 4.3).

  • During the Revolving Period, the Initial Purchase Price Reserve may (once only) increase to NOK200,000,000, provided that it is reduced to NOK100,000,000 or below on the following Interest Payment Date.

  • PROMOTER’S RESPONSIBILITIES 54.1 The Promoter shall be responsible to the Area Committee for the trails, the venue and the observance of the Rules.

  • Initial Purchase Price Reserve Amount means an amount of up to NOK100,000,000.

  • Accounts: The accounts maintained in the factoring procedure: Factoring Account, Incoming Payment Settlement Account, Purchase Price Reserve Account, Reserve Account, Settlement Account, Special Account, Special Settlement Account, Special Purchase Price Reserve Account.

  • Initial Purchase Price Reserve Amount means an amount of up to SEK100,000,000.

  • The Company shall open a deposit account with a deposit account bank that is reasonably satisfactory to the Investor and cause such deposit account to be subject to an account control agreement as described in the definition of Purchase Price Reserve Account.

  • During the Revolving Period, the Initial Purchase Price Reserve may (once only) increase to SEK200,000,000, provided that it is reduced to SEK100,000,000 or below on the following Interest Payment Date.

  • The remaining portion of the purchase price, equal to the principal amount of the relevant Partly Utilised Loans which has not been released as of the Cut-Off Date, shall be credited by the Issuer, on the Issue Date, to the Deferred Purchase Price Reserve Account.

  • Due to this students are encouraged to take up industrial-based projects as part of their project work.


More Definitions of Purchase Price Reserve

Purchase Price Reserve means the funds received from time to time by the Company from the Holder pursuant to Section 1.1(b) as prepayments of the Purchase Price which funds are held in trust by the Company for the account of the Holder unless and until required to be paid to the Company as the Purchase Price per share upon exercise of this Warrant.
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Related to Purchase Price Reserve

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Purchase Price has the meaning set forth in Section 2.1.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • 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).

  • Adjustment Escrow Amount means $1,000,000.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

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

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

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

  • Adjustment Escrow Funds means the amounts held in the Adjustment Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investments thereof, less distributions thereof in accordance with this Agreement and the Escrow Agreement.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Purchase Amount means, with respect to a Receivable, the amount, as of the close of business on the last day of the Collection Period as of which that Receivable is purchased, required to prepay in full that Receivable under the terms thereof including accrued and unpaid interest to such last day.

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

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

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

  • Per Unit Purchase Price equals $2.125, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

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