Request Limits definition

Request Limits means the limits on the number of shares of common stock the Company is requiring the Investor to purchase pursuant to a Request, which shall be limited to the lesser of $1,000,000 or 500% of the average shares traded for the 10 days prior to the date of Closing with respect to the applicable Request. No Requests are allowed until the shares have been registered. Minimum purchase price pursuant to a Request is $25,000. In no event may the shares issuable pursuant to a Request, when aggregated with the shares then held by the Investor on the date of the Request, exceed 4.99% of the Company’s outstanding common stock.
Sample 1
Request Limits means the number of shares of Common Stock the Company is requiring the Investor to purchase to be limited to the lesser of $1,000,000 or 300% of the average number of shares traded for the 10 trading days prior to the Closing Request Date. No Purchase Notices are allowed until the shares have been registered. Minimum Purchase Notice allowable is $25,000. Purchase Notices must be at least 10 business days apart. In no event may the shares issuable pursuant to a Purchase Notice, when aggregated with the shares then held by the Investor on the date of the Purchase Notice, exceed 4.99% of the Company’s outstanding Common Stock. Request Limits are further limited by the provisions of Section 2 (c) hereof.
Sample 1
Request Limits means the limits on the number of shares of common stock the Company is requiring the Investor to purchase which shall be limited to the lesser of (i) that number of shares determined by dividing $500,000 by the closing price of the Company's common stock on the trading day immediately preceding the delivery of the Request Notice (ii) or 300% of the average number of shares of our common stock traded for the 10 days prior to the delivery of the Request Notice. No puts are allowed until the shares have been registered. Minimum put allowable is $25,000. In no event may the shares issuable pursuant to a Request Notice, when aggregated with the shares then held by the Investor on the date of the Draw Down, exceed 4.99% of the Company’s outstanding common stock.
Sample 1

Examples of Request Limits in a sentence

  • The Applicant’s Housing Credit Request Amount cannot exceed the applicable County Group amount stated in the following chart: County Maximum Housing Credit Request Limits If the Applicant states an amount that is greater than the amount the Applicant is eligible to request relative to the above chart, the Corporation will reduce the amount down to the maximum amount the Applicant is eligible to request as provided in the chart above.

  • Setting Request Limits.........................................................................

  • The Right to Request Limits on Uses and Disclosures of Your Health Information.

  • You have the following rights with respect to your protected health information: Right to Request Limits on Uses and Disclosures of your PHI.

  • You have the following rights with respect to your PHI: The Right to Request Limits on Uses and Disclosures of Your PHI.

  • The Right to Request Limits on Uses and Disclosures of Your PHI: You have the right to ask for restrictions on the uses and disclosures of your PHI beyond those imposed by law.

  • You have the following rights with respect to your protected health information:Right to Request Limits on Uses and Disclosures of your PHI.

  • The Right to Request Limits on Uses and Disclosures of Your PHI: You have the right to ask thatINNERACTIONS THERAPY SERVICES limit how it uses and discloses your PHI.

  • If the student organization meets University requirements to become a registered student organization, seed money awarded will be deducted from the maximum annual allowable funds.

  • During Round 1, Category Funding Caps, Threshold Funding Caps, Funding Request Limits, Number of Applications Limits, and threshold requirements, as detailed in this NOFA, apply.

Related to Request Limits

  • Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Request Notice has the meaning set forth in Section 3.02(a).

  • Disbursement Schedule means the disbursement schedule as set out in an FAA;

  • Advance Request Form A certificate, in a form approved by Lender, properly completed and signed by Borrower requesting a Revolving Credit Advance.

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Request for Advance means a Request for Revolving Credit Advance or a Request for Swing Line Advance, as the context may indicate or otherwise require.

  • L/C Request has the meaning specified in Section 2.4(b).

  • LC Request a request for issuance of a Letter of Credit, to be provided by Borrower Agent to Issuing Bank, in form satisfactory to Agent and Issuing Bank.

  • Request Date means each Comfort Letter Request Date, each Officer’s Certificate Request Date and each Opinion Request Date.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Request for Payment means a payment application or declaration of expenditure submitted by the Member State to the Commission;

  • Credit Limit means the total dollar amount of the Account which we approved and which you may borrow against according to the terms of this Agreement.

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.

  • Draw means the disbursement of funds to a Development.

  • Request for Borrowing has the meaning provided in Section 2.3(a).

  • Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

  • Facility LC Application is defined in Section 2.19.3.

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Withdrawal Request means an instruction given via the Client's Trader’s Room on the Company website to withdraw funds from the trading account and transfer them to the Client's External Account or the Account of the Client's Authorized Person, as specified in the instruction.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Credit allowance date means with respect to any qualified equity investment:

  • Loan Checklist means a list delivered to the Custodian in connection with delivery of a Loan to the Custodian that identifies the items contained in the related Loan File.