Tranche 1 Purchase Price definition

Tranche 1 Purchase Price means an amount, in cash, equal to $27,500,000.
Tranche 1 Purchase Price and the allocated purchase price for each Tranche 1 Facility is set forth on Schedule 2-A and the “Tranche 2 Purchase Price” and the allocated purchase price for each Tranche 2 Facility is set forth on Schedule 2-B, along with the portion of the Tranche 2 Purchase Price payable at the Tranche 2 Xxxxxxx Mac Closing (“Tranche 2 Xxxxxxx Mac Purchase Price”) and the portion payable at the Tranche 2 KeyBank Closing (“Tranche 2 KeyBank Purchase Price”). The total of the Tranche 1 Purchase Price and the Tranche 2 Purchase Price is $299,819,368.00 (the “Purchase Price”). All cash payments shall be payable in immediately available funds by wire transfer to an account designated by Seller.
Tranche 1 Purchase Price. ’ means the Tranche 1 Share Price multiplied by the number of Tranche 1 Shares;

Examples of Tranche 1 Purchase Price in a sentence

  • The total of the Tranche 1 Purchase Price and the Tranche 2 Purchase Price is $299,819,368.00 (the “Purchase Price”).

  • At and immediately prior to the Initial Closing, the Subscriber will have cash and equity capital commitments in excess of the sum of the Tranche 1 Purchase Price and Tranche 2 Purchase Price.

  • Buyer shall pay to Sellers, by depositing with Escrowholder, in cash or other immediately payable funds, the Tranche 1 Purchase Price at the Tranche 1 Closing (as hereinafter defined), less the Tranche 1 Xxxxxxx Money (plus the accrued interest thereon) held by Escrowholder, plus costs to be paid by Buyer for such Tranche 1 Properties pursuant to Section 7.4 hereof, and plus or minus prorations and adjustments shown on the Closing Statements executed by Buyer and Sellers for such Tranche 1 Properties.

  • At the First Closing and the Second Closing, the Corporation and the Investor shall each execute and deliver a cross receipt acknowledging the receipt of the Tranche 1 Purchase Price and the Tranche 2 Purchase Price, respectively, and the Preferred Stock, respectively.

  • At or before the Tranche 1 Closing, the Investor shall deliver to the Company the Aggregate Tranche 1 Purchase Price (less such amounts previously deposited by the Investor with the Company) by wire transfer in immediately available funds to an account specified by the Company in writing no less than two (2) business days prior to the Tranche 1 Closing.

  • At each Closing, the net proceeds of the Financing, when funded in accordance with the terms and conditions of the Equity Commitment Letter, shall provide the Investor with cash proceeds on each such Closing sufficient to pay, (i) as applicable, the Tranche 1 Purchase Price or the Trache 2 Purchase Price and (ii) any and all fees and expenses required to be paid by the Investor at such Closing in connection with the consummation of the Transactions.

  • Subject to the terms and conditions set forth herein, the Corporation agrees to sell to the Investor, and the Investor agrees to purchase from the Corporation, the number of shares of Preferred Stock and Warrants set forth on Schedule 1.1, at the purchase prices set forth therein (the "Tranche 1 Purchase Price" and the "Tranche 2 Purchase Price", respectively; collectively, the "Purchase Price").

  • The Note Purchase Agreement and the Notes shall be in full force and effect, and the Company shall have received the Tranche 1 Purchase Price and the Tranche 2 Purchase Price (each as defined in the Note Purchase Agreement).

  • On each applicable Closing Date, the Purchaser will have at the applicable Closing all immediately available funds necessary to consummate the Tranche 1 Purchase, Tranche 2 Purchase or Tranche 3 Purchase, as applicable, and pay the Tranche 1 Purchase Price, Tranche 2 Purchase Price or Tranche 3 Purchase Price, as applicable, for the Tranche 1 Securities, Tranche 2 Securities or Tranche 3 Securities, as applicable, to be acquired hereunder on the terms contemplated by this Agreement at such Closing.

  • The Tranche 1 Purchase Price shall be payable by the Investor to the Corporation in immediately available funds on the First Closing Date (as defined hereinafter).


More Definitions of Tranche 1 Purchase Price

Tranche 1 Purchase Price is defined in ‎‎Section 2.2(a).

Related to Tranche 1 Purchase Price

  • Cash Purchase Price has the meaning set forth 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.

  • 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).

  • Unit 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.

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

  • 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.

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

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

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

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

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Per Unit Purchase Price equals $7.05, 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.

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

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

  • 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.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

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

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

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

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

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

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • 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.