Minimum Purchase definition

Minimum Purchase means the purchase by the Buyers of, or the Buyers’ failure to purchase when required by the Asset Purchase Agreement, Assets having an aggregate market value of at least $500,000,000 pursuant to the Asset Purchase Agreement.

Minimum Purchase. The minimum aggregate amount of Notes denominated and payable in U.S. dollars which may be offered to any purchaser will be $1,000.

Minimum Purchase. Unless otherwise agreed to by the Company, the minimum purchase by each prospective investor is 50,000 Shares. Capital Stock Outstanding Prior to Offering: Approximately 8,600,000 shares of Common Stock as of December 7, 1999. Upon completion of the maximum Offering, the Company will have 11,100,000 shares of Common Stock issued and outstanding.

Examples of Minimum Purchase in a sentence

• Program Lender hereby acknowledges receipt of the Minimum Purchase Price.

• Where Units are to be held in a joint account, each joint accountholder must make the Minimum Purchase.

• In addition to the Minimum Purchase, the Customer may purchase any Subsequent Subscription and apply the Offer Discount to the Listed Price of the Subsequent Subscription.

• The minimum initial purchase amount (a "Minimum Purchase") for Units is $25,000, if the Investor qualifies as an Accredited Investor under the Accredited Investor exemption of NI 45-106 or the Securities Act (Ontario), as evidenced by the due execution of the Accredited Investor Certificate attached to this Subscription Agreement.

• For the avoidance of doubt, the Customer may elect to renew any current Subscriptions or purchase any new Subscriptions to satisfy the Minimum Purchase.

More Definitions of Minimum Purchase

Minimum Purchase means the minimum purchase amount for Fuel and Lubricants as specified in the Key Terms. Permits has the meaning given in clause 3.1 of Schedule 3.

Minimum Purchase means the minimum purchase amount for Fuel and Lubricants as specified in the Key Terms.

Minimum Purchase. Unless otherwise agreed to by the Company, the purchase by each prospective investor is one 7 3/4% Senior Convertible Note ($35,500). Capital Stock Outstanding Prior to Offering: Approximately 1,850,000 shares of Common Stock were outstanding as of the date of this offering. Upon completion of the Offering, the Company will have an additional 1,400,000 shares outstanding if the maximum Notes are sold and all are converted.

Minimum Purchase. Minimum individual purchase of $100,000 by "accredited investors" in an exempt private placement. Payment by cash or tender of existing demand indebtedness owed to the investor. The McGuire's, founders of the Company, have committed to purchase for cash $500,000 principal amount of the new Notes and to tender existing indebtedness in the amount of $800,000 for a like amount of new Notes.

Minimum Purchase. Unless otherwise agreed to by RPM (prior to the Merger) or by Tirex (after the Merger), the minimum purchase by each prospective investor is one Unit (or $10,300). Capital Stock Outstanding Prior to the Offering: 3,000,000 shares of the Common Stock of RPM and 38,774,625 shares of the Common Stock of Tirex were issued and outstanding prior to the Offering being made hereunder.

Minimum Purchase means the minimum number of Points that must be obtained within a Decisive Period if a Distributor wishes to obtain the right to claim a commission. The value is 20 Points.

Minimum Purchase shall have the meaning given to that term in Section 2.1.