Forward Purchase definition

Forward Purchase means the purchase of the Forward Purchase Securities contemplated by the Forward Purchase Agreement.

Forward Purchase means the transactions contemplated and consummated pursuant to the Forward Purchase Agreement.

Forward Purchase has the meaning set forth in Section 2.2 hereof.

Examples of Forward Purchase in a sentence

• Contingent Forward Purchase Contract On December 1, 2017, the Company entered into a contingent forward purchase contract (the “Contingent Forward Purchase Contract”) with HG Vora to purchase, in a private placement for gross proceeds of $62,500,000 to occur concurrently with the consummation of the Business Combination, 6,250,000 Units on the same terms as the sale of the Units in the Initial Public Offering at $10.00 per Unit (“Private Placement Units”).

• As represented by the County, no fees were received or paid to commence or terminate a Guaranteed Investment Contract, Investment Agreement, Forward Purchase Agreement, or similar type investment.

• Investment Agreements, including GIC’s, Forward Purchase Agreements and Reserve Fund Put Agreements acceptable to the Credit Facility Providers.

• Forward Purchase Agreement means any agreement between NP ELM and a CLO pursuant to which such CLO agrees to acquire Collateral Obligations from NP ELM.

• The value takes into account amounts equal to other assets including cash, prepaids and distributions receivable, less the liabilities of the Trust and other liabilities attributed to the Forward Purchase Agreement on such date.

More Definitions of Forward Purchase

Forward Purchase means the transactions contemplated by the Forward Purchase Agreement.

Forward Purchase means the purchase of shares of TRTL Class A Common Stock, TRTL Class F Common Stock and warrants to purchase TRTL Class A Common Stock pursuant to the Forward Purchase Contract.

Forward Purchase means the issuance to sponsor of shares of Common Stock pursuant to the terms of the Forward Purchase Contract.

Forward Purchase. Contract is properly effected, or with respect to which a Collateral Substitution has been effected, distributions on the related Preferred Stock or the appropriate Applicable Ownership Interest of the Treasury Portfolio, as the case may be, that would otherwise be payable after the Forward Purchase Contract Settlement Date, Early Settlement Date or the date of the Collateral Substitution, as the case may be, shall not be payable hereunder to the Holder of such Income PRIDES; provided, however, that to the extent that such Holder continues to hold separated Preferred Stock that formerly comprised a part of such Holder's Income PRIDES, such Holder shall be entitled to receive any Dividends on such separated Preferred Stock.

Forward Purchase. Contract is registered at the close of business on the Record Date for such Payment Date. Contract Adjustment Payments, if any, will be payable at the Corporate Trust Office of the Agent and the New York Office or, at the option of the Company, by check mailed to the address of the Person entitled thereto at such address as it appears on the Upper DECS Register or by wire transfer to the account designated by such Person in writing. The Company shall have the right, at any time prior to the Forward Purchase Contract Settlement Date, to defer the payment of any or all of the Contract Adjustment Payments, if any, otherwise payable on any Payment Date, but only if the Company shall give the Holders and the Agent written notice of its election to defer such payment (specifying the amount to be deferred) as provided in the Forward Purchase Contract Agreement. Any Contract Adjustment Payments, if any, so deferred shall, to the extent permitted by law, bear additional Contract Adjustment Payments thereon at the rate of 7.75% per year (computed on the basis of a 360-day year of twelve 30 day months), compounding on each succeeding Payment Date, until paid in full (such deferred installments of Contract Adjustment Payments, if any, together with the additional Contract Adjustment Payments accrued thereon, are referred to herein as the "Deferred Contract Adjustment Payments"). Deferred Contract Adjustment Payments, if any, shall be due on the next succeeding Payment Date except to the extent that payment is deferred pursuant to the Forward Purchase Contract Agreement. No Contract Adjustment Payments, if any, may be deferred to a date that is after the Forward Purchase Contract Settlement Date and no such deferral period may end other than on a Payment Date. In the event that the Company elects to defer the payment of Contract Adjustment Payments, if any, on the Forward Purchase Contracts until a Payment Date prior to the Forward Purchase Contract Settlement Date, then all Deferred Contract Adjustment Payments, if any, shall be payable to the registered Holders as of the close of business on the Record Date immediately preceding such Payment Date.

Forward Purchase shall have the meaning assigned to such term in Section 2.2.

Forward Purchase means the transactions contemplated by the Forward Purchase Agreement. “Forward Purchase Agreement” means the forward purchase agreement between IIAC and the FPAPurchaser, dated as of November 18, 2020, as amended on July 26, 2021.