Draw Fee definition

Draw Fee means 2.75% multiplied by the amount funded by the Backstopper pursuant to Section 2.3 of this Agreement, payable in shares of Common Stock valued at the volume weighted average trading price of the Common Stock during the thirty trading day period ending on (and including) the last trading day immediately prior to the announcement of this Agreement (and the transactions contemplated hereby) through Company press release or filing of a Form 8-K with the U.S. Securities and Exchange Commission.
Draw Fee shall have the meaning set forth in the Fee Letter, which definition is incorporated herein by reference.
Draw Fee shall have the meaning specified in the Fee Letter.

Examples of Draw Fee in a sentence

  • The Issuer shall have paid to Prudential and such Purchaser in immediately available funds any fees due to them pursuant to or in connection with this Agreement, including any Draw Fee due pursuant to paragraph 2B(8)(i) and any Delayed Delivery Fee due pursuant to paragraph 2B(8)(iii).


More Definitions of Draw Fee

Draw Fee. With respect to any Funding, an amount equal to the product of (i) 0.0010 and (ii) the Funding Amount for such Funding that is attributable to any Rated Certificates of this Series.
Draw Fee is defined in Section 2B(8)(i).
Draw Fee shall have the meaning specified in paragraph 2B(8)(ii).
Draw Fee. The draw fee set forth in the Transactions Terms Letter. Each Draw Fee shall be non-refundable.
Draw Fee has the meaning set forth in Section 2.04(e).
Draw Fee means a cash fee equal to 2.00% of the aggregate Purchase Price of the number of Series A Preferred Shares to be purchased at any Closing, due and payable at such Closing.
Draw Fee means the money paid by a player of a value equal to their ante wager, enabling the player to exercise one of two Draw options;