Royalty Purchase Price definition

Royalty Purchase Price has the meaning ascribed to that term in Section 2.1 hereof;
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Royalty Purchase Price means the sum of CDN$50,000;
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Royalty Purchase Price means $67,357,000;
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Examples of Royalty Purchase Price in a sentence

  • Pursuant to the Royalty Agreement, Blackstone agreed to pay up to $80.0 million (the Royalty Purchase Price) in four tranches of $20.0 million each upon the achievement of specific Phase 3 clinical trial patient enrollment milestones.

  • The Amendment increased the Royalty Purchase Price by $37.5 million, to $117.5 million by increasing the fourth tranche from $20.0 million to $37.5 million and adding a new $20.0 million tranche upon the achievement of an additional clinical enrollment milestone.

  • If the Royalty Holder does not receive such proof within the said 30 days after the Effective Date (or such other later date as the Royalty Holder may agree), then the Royalty Purchase Price shall be due and owing by the Owner to the Royalty Holder and the Owner shall immediately forward to the Royalty Holder, in cash by wire transfer, the Royalty Purchase Price, without setoff, deduction or defalcation.

  • Cobalt 27 completed a public financing and satisfied the Royalty Purchase Price by the issuance 5,556 Cobalt shares (Note 8).

  • The amended Royalty Agreement will remain in effect until the date on which the aggregate amount of the Product Payments paid to Blackstone exceeds a fixed single-digit multiple of the actual amount of the Royalty Purchase Price received by the Company, unless earlier terminated pursuant to the mutual written agreement of the Company and Blackstone.

  • The Company received the first tranche of the Royalty Purchase Price in November 2018, the second tranche of the Royalty Purchase Price in April 2019, and the third tranche of the Royalty Purchase Price in February 2020, in each case in connection with the achievement of the first three milestones, respectively.

  • The Company received the first tranche of the Royalty Purchase Price in November 2018.

  • With regard to Rent, Production Royalties, Purchase Price, Property Purchase Price, or Royalty Purchase Price, or any other sums payable under this Agreement or any part of such sums, Lessee shall have the right to escrow the portion of any such payment that is in dispute as provided in Section 10.02(d) below.

  • Commencing on the first anniversary of the exercise of the Purchase Option, and on each anniversary thereafter, the Royalty Purchase Price shall be increased by FIVE HUNDRED THOUSAND DOLLARS ($500,000.00).

  • The Owners and Parent shall use the Royalty Purchase Price for the purposes set forth in Schedule E hereto.


More Definitions of Royalty Purchase Price

Royalty Purchase Price means the “Purchase Price” as defined in the Royalty Agreement, which for greater certainty shall be $225,000,000;
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Royalty Purchase Price has the meaning set out in Section 7.1.
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Royalty Purchase Price has the meaning given to it in Section 15.
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Royalty Purchase Price means the purchase price for the Production Royalty provided for in Section 14.01.
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Related to Royalty Purchase Price

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

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

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

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

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

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

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • 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 Price Adjustment has the meaning set forth in Section 2.6.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • 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.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

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

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Final Purchase Price has the meaning set forth in Section 2.02.

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

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Transfer Price has the meaning set forth in Section 2.01.

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

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Per Share Purchase Price equals $1.00, 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.

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

  • Receivables Purchase Price The amount described in Section 2.02 of the Pooling Agreement.

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