Second Purchase Price Payment definition

Second Purchase Price Payment means collectively the Offshore Second Purchase Price Payment as defined and as set forth in Section 2.2(A)(ii) and the Onshore Second Purchase Price Payment as defined and as set forth in Section 2.2(A)(iii).
Sample 1
Second Purchase Price Payment shall have the meaning set forth in Section 2.2(b). “Securities” shall have the meaning set forth in Section 4.2(a).
Sample 1
Second Purchase Price Payment shall have the meaning set forth in Section 2.2(b).
Sample 1

Examples of Second Purchase Price Payment in a sentence

  • For the avoidance of doubt, if this Agreement is terminated for any reason after the Initial Closing occurs and prior to the Second Closing, the Investor shall not be required to return any of the Initial Closing Securities or pay the Second Purchase Price Payment, nor shall the Company be required to return any of the Initial Purchase Price Payment or issue the Second Closing Securities.

  • The Ministry for the Environment administers the RMA and it operates through consent authorities (such as regional, district and city councils) that grant permission by way of resource consents to use or develop a natural or physical resource and/or carry out an activity that affects the environment.55 It is possible that environmental damage caused by GMOs could be dealt with under the RMA.

  • Notwithstanding anything otherwise contained in the Purchase Agreement, the Second Purchase Price Payment shall not be subject to setoff under Section 11.5. hereof.

  • At the Closing, the Buyer shall deliver to the Seller a promissory note (the "First Promissory Note") providing for payment, by cashier's check or wire transfer of immediately available funds, of an amount equal to $500,000.00 plus interest at a rate of prime plus one percent (1%) within sixty (60) days after the Closing (the "Second Purchase Price Payment").

  • The Parties agree that the Purchaser shall have no right of set-off or deduction of any kind with respect to the Second Purchase Price Payment for or on account of any claim under this Agreement or against any other payment to be made pursuant to this Agreement, including any claim for indemnification or otherwise.

  • At the Closing, the Buyer shall deliver to the Seller a promissory note (the "First Promissory Note") providing for payment, by cashier's check or wire transfer of immediately available funds, of an amount equal to $500,000.00 plus interest at a rate of prime plus one percent (1%) on the six (6) month anniversary of the Closing (the "Second Purchase Price Payment").

  • Seller shall have received from Reliability, Inc., a Texas corporation, a first priority mortgage, in a form acceptable to Seller, on that certain North Carolina real property located at 0000 Xxxxxxxxxx Xxxxx, Xxxxxx, Xxxxx Xxxxxxxx 00000 and as more fully described on Exhibit "A" hereto, and a non-recourse guaranty from Reliability, Inc., in a form acceptable to Seller, of the Buyer's obligation to make the Second Purchase Price Payment as provided herein.

  • HASTINGS: I would see the Board being representative owners, managers, and renters, as well as the administrators of the Act.


More Definitions of Second Purchase Price Payment

Second Purchase Price Payment has the meaning set forth in clause 3.2.1(b);
Sample 1

Related to Second Purchase Price Payment

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

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

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

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

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

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

  • 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.

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

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

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

  • Per Unit Purchase Price equals $2.125, 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.

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

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

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

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • 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).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

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

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

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

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

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

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

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

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