Examples of Second Purchase Date in a sentence
While they now create new opportunities with safe service, themed cruises and transportation, for future growth and new resources the problem still ahead of them is the crew to guests ratio in enabling them to deliver the quality, experience and safety expected.
Unfortunately, the problems are much more visible and the frustration in dealing with them seems at times to outweigh the benefits, when in reality, they don’t.
On that Second Purchase Date, if the five trading day trailing average sale price of the Buyer’s common stock is less than $2 per share, the Other Company Shareholders shall have an irrevocable option at their sole discretion to sell the remaining 50% of the equity ownership interest in the Company in exchange for Buyer’s issuance of its restricted common shares to be valued at $2.00 per share, with said remaining 50% to be then valued at 50% of five times the 2005 NEAT, as defined herein.
The Company shall pay to the Purchasers on the earliest of (i) the Second Purchase Date, (ii) the Second Purchase Outside Date and (iii) the date on which the Commitments of the Purchasers hereunder are fully terminated pursuant to Article 3(g) (the “Commitment Fee Payment Date”), pro rata in accordance with each Purchaser’s share of each series of Notes, a commitment fee (the “Commitment Fee”) equal to 1.5% per annum on the Second Purchase Maximum Amount calculated on a daily basis.
ACADIA shall have the right to terminate this Agreement immediately upon written notice to Sepracor if Sepracor does not purchase the ***Confidential Treatment Requested Second Share Amount or, if applicable, the Adjusted Share Amount for the consideration specified in the Stock Purchase Agreement on the Second Purchase Date (as such terms are defined in the Stock Purchase Agreement).
The Notes may not be transferred at any time prior to the earlier of the Second Purchase Date and the date on which all Commitments terminate pursuant to the terms of this Agreement (such date, the “ Reference Transfer Date”) to any Person (other than an Eligible Assignee) without the prior written consent of the Company (such consent not to be unreasonably withheld or delayed), except if an Event of Default has occurred and is continuing at the time of such transfer.
Unless previously terminated pursuant to the terms hereof, all of the Commitments shall terminate on the earlier of the Second Purchase Date, the Second Purchase Outside Date and the date on which the outstanding Commitments of the Purchasers are equal to €0.00.
Purchase Date: May 19, 2017 (the "First Purchase Date"); June 19, 2017 (the "Second Purchase Date"); December 15, 2017 (the "Third Purchase Date"); and March 15, 2018 (the "Fourth Purchase Date").
All fees (including the Commitment Fee, if any) and reasonable and documented costs and expenses required to be paid to the Purchasers on or prior to the Second Purchase Date shall have been paid to the extent invoiced prior to the Second Purchase Date.
Section 4.1. First Purchase Date 5 Section 4.2. Second Purchase Date 9 Article 5 Fees Section 5.1. Upfront Fee 11 Section 5.2. Commitment Fee 11 Section 5.3. Deal Away Fee 11 Section 5.4. Agent Fee Letter.