Purchase Settlement Date definition

Purchase Settlement Date shall have the meaning assigned to such term in Section 3.1.

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Purchase Settlement Date means the later of (a) the date specified by the Limited Partner in the LP Put/Call Closing Notice, provided, however, that if the General Partner exercises the GP Put Option, the Limited Partner must specify a date on or before January 14, 2000. and (b) the date on which all of the procedures and actions described in Subsection 7.8(h)(i) - (vi) have occurred.

Purchase Settlement Date. As defined in the Receivables Sale Agreement.

Examples of Purchase Settlement Date in a sentence

Also for the avoidance of doubt, under no circumstances shall the Purchase Price for any Receivable include more than four days of accrued Obligor interest even if more than four calendar days elapse between the Initiation Date and the Purchase Settlement Date for such Receivable.
The Shares constituting the applicable VWAP Purchase Share Amount to be purchased by the Investor in a VWAP Purchase shall be delivered to the Investor as DWAC Shares not later than 1:00 p.m., New York City time, on the VWAP Purchase Settlement Date.
For the avoidance of doubt, the Outstanding Receivables Balance of the purchased Receivables shall be calculated as of the close of business on the day preceding the applicable Purchase Date and the phrase “accrued Obligor interest” shall include any accrued but unpaid interest calculated on the applicable Receivable from the Initiation Date to the applicable Purchase Settlement Date.
If the Purchaser fails to remit the Purchase Price on any Purchase Settlement Date as required herein, any transfer of Contracts and Related Rights on the related Purchase Date shall be null and void.
The number of Ordinary Shares to be delivered on the Regular Purchase Settlement Date shall be reduced by the number of Pre-Settlement Regular Purchase Shares delivered.
Notwithstanding the foregoing, (i) the Company shall not deliver any VWAP Purchase Notices to the Investor during the PEA Period and (ii) following the delivery of a VWAP Purchase Notice, the Company shall not raise additional capital, in the form of a public or private securities offering or otherwise, until the third (3rd) Trading Day following the applicable VWAP Purchase Settlement Date.
The number of shares of Common Stock to be delivered on the Regular Purchase Settlement Date shall be reduced by the number of Pre-Settlement Regular Purchase Shares delivered.
If an Event of Default occurs between the Regular Purchase Notice Date and any time through the Regular Purchase Settlement Date, then (i) the RPP Percentage shall be automatically adjusted to 60% for so long as such Event of Default remains uncured and (ii) the Investor shall be entitled to all the rights hereunder as if such Event of Default occurred immediately prior to such Regular Purchase Notice Date.
At any time since the most recent VWAP Purchase Settlement Date (or since the Commencement Date in the case of the first VWAP Purchase Settlement Date), none of the events described in clauses (i), (ii) and (iii) of Section 5.6 shall have occurred (but an event described in clause (iii) of Section 5.6 shall only apply if it has not been cured through the filing of a report with the Commission on E▇▇▇▇).
Notwithstanding the foregoing (i) the Company shall not deliver any VWAP Purchase Notices to the Investor during the PEA Period and (ii) following the delivery of a VWAP Purchase Notice, the Company shall not raise additional capital, in the form of a public or private securities offering or otherwise, until the Trading Day following the applicable VWAP Purchase Settlement Date.

More Definitions of Purchase Settlement Date

Purchase Settlement Date. The second (2nd) Business Day after each Scheduled Monthly Reporting Date.

Purchase Settlement Date means, in respect of a Valid Purchase Confirmation Order, the date on which (i) the relevant ETP Securities have been surrendered in full by the relevant Authorised Participant(s) to the Issuer and (ii) the Purchase Settlement Amount in respect of each ETP Security proposed to be surrendered has been paid in full by the Issuer to the Authorised Participant(s), which, as at the Purchase Trade Date, is scheduled to be the Scheduled Purchase Settlement Date.