Commitment to invest definition

Commitment to invest means one or both of the following:
Commitment to invest means, for any person and on any date, the product of (A) the number of shares of Company Common Stock such person is committed to purchase from the Company under the Stock Purchase Agreement on or after such date and (B) the Fair Market Value of the Company Common Stock on such date.

Examples of Commitment to invest in a sentence

  • Desai CourtFreehold, NJ 07728November 13, 2015Blonder Tongue Laboratories, Inc.One Jake Brown RoadOld Bridge, NJ 08857Re: Commitment to Invest in Subordinated Debt Ladies and Gentlemen:Subject to the terms and conditions hereof, Robert J.

Related to Commitment to invest

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Commitment Period means the period commencing on the earlier to occur of (i) the Effective Date, or (ii) such earlier date as the Company and the Investor may mutually agree in writing, and expiring on the earliest to occur of (x) the date on which the Investor shall have made payment of Advances pursuant to this Agreement in the aggregate amount of the Commitment Amount, (y) the date this Agreement is terminated pursuant to Section 10.2 or (z) the date occurring thirty-six (36) months after the Effective Date.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Revolving Loan Maturity Date means June 15, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by Borrowers and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Commitment Date has the meaning specified in Section 2.18(b).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.