Purchaser Payments definition

Purchaser Payments means each of the First Payment, the Second Payment and the Third Payment.

Purchaser Payments has the meaning set forth in ‎Section 6.6.

Purchaser Payments is defined in Section 7.04(b).

Examples of Purchaser Payments in a sentence

• If the Put Option is exercised prior to the first anniversary of the closing date by the Purchasers (except pursuant to a change of control), the required repurchase price will be 120% of the Cumulative Purchaser Payments (minus all payments Company has made to the Purchasers in connection with the Revenue Interests).

• It is the intention of the parties hereto that the Company shall pay Reimbursable Expenses directly; provided that, at the discretion of the Purchasers, Reimbursable Expenses may be deducted from the Purchaser Payments.

• Upon receipt of such notice, Seller shall, unless the notice requires otherwise, immediately discontinue work as specified in the notice, stop placing orders and cooperate with Purchaser to obtain cancellation on orders to sub-suppliers or assign those orders to Purchaser, Payments will not be made for Products of Seller's standard manufacture which have the potential for resale.

• All notices, requests, demands and other communications provided for hereunder shall be in writing and mailed or delivered by reputable overnight courier to the applicable party at the addresses indicated below: If to the Company: Dynasil Corporation of America 40 Xxxx Xxxxxx Watertown, Massachusetts 02472 Attention: President If to the Purchaser: Payments should be mailed to: Massachusetts Capital Resource Company P.

• Any Purchaser may assign any of its rights under the Transaction Documents without restriction to any Eligible Assignee; provided, however, that, except to the extent such Purchaser retains its obligations to make its Pro Rata Portion of future Purchaser Payments, such Eligible Assignee shall assume in writing all such Purchaser’s obligation to make future Purchaser Payments; provided, further, that the Purchaser shall provide the Company with written notice of any assignment.

• Such Purchaser has sufficient funds or capital commitments available to make its Pro Rata Portion of the Purchaser Payments.

• Purchaser is and will be, at the Closing and after giving effect to the Transactions and the payment by Purchaser of the Purchaser Payments, Solvent.

• Payments in respect of the Purchaser Secured Obligations will continue to be made as set out in " — Management of Purchaser Cash Flow — Purchaser Payments on Purchaser Note Payment Dates prior to Portfolio Liquidation Date" until the Portfolio Liquidation Date.

• For purposes of the calculations of amounts due to or from Purchaser, Payments allocated to principal and interest of the Loan shall be apportioned between the Participants as of the time such Payments are received by Seller.

• On each Purchaser Note Payment Date, an amount equal to the aggregate of the Purchaser Indemnity Amounts with respect to the related Purchaser Note Interest Period will be due and payable by the Purchaser to the Issuer pursuant to the Purchaser Senior Notes Subscription Deed.See the section " — Management of Purchaser Cash Flow — Purchaser Payments on Purchaser Note Payment Dates prior to Portfolio Liquidation Date" above.

More Definitions of Purchaser Payments

Purchaser Payments means each of the First Payment, the Second Payment and the Third Payment. “Put Option” has the meaning set forth in S ection 5.07(a).

Purchaser Payments means the payments to be paid to each Purchaser, as set forth on Schedule A hereto.

Purchaser Payments is defined in Section 10.03(g).

Purchaser Payments has the meaning set forth in Section 7.2.