Examples of One Year Anniversary Date in a sentence
Without the prior written consent of the Investor, Sellers will not directly or indirectly, prior to the One Year Anniversary Date, purchase Common Stock on any Business Day exceeding 15% of daily trading volume for the Common Stock on the Principal Market on such day.
The minimum Debt Service Coverage Ratio (as hereinafter defined), as calculated by Lender, shall be (a) 1.00 to 1 as tested within thirty (30) days following the One Year Anniversary Date (the “One Year Anniversary Date Debt Service Coverage Ratio Test”) and (b) 1.15 to 1 as tested at least thirty (30) days prior to the Two Year Anniversary Date but no more than sixty (60) days prior to the Two Year Anniversary Date (the “Two Year Anniversary Date Debt Service Coverage Ratio Test”).
The closing of the Purchase Obligation shall take place no later than the third Business Day following the One Year Anniversary Date (the “Buyback Closing”).
The Exercise Price ("Exercise Price") shall equal one hundred fifteen percent (115%) of the average Closing Bid Price for the five (5) trading days ending on the date that is one (1) year after the date of the Last Closing of the Offering (the "One Year Anniversary Date").
The Base Interest Rate shall increase by an additional five percent (5%) per annum (or the highest rate permitted by applicable law, whichever is less) if Issuer shall fail to effect the Voxx Spin-Off (as defined in Section 6.1) or consummate the Voxx IPO (as defined in Section 6.1) on or prior to the one year anniversary date of the initial issuance of the Notes (the "One Year Anniversary Date").
Subject and pursuant to the provisions of this Section 8.1, from and after the One Year Anniversary Date, the Epixtar Conversion Price II and the number of shares of Epixtar Common Stock or other securities issuable upon conversion of this Note in accordance with Section 7.2 hereof (the "Conversion Shares") shall be subject to adjustment from time to time as set forth hereinafter.
The closing of the Purchase Obligation shall take place no later than the third Business Day following the One Year Anniversary Date (the "Buyback Closing").
In the event the Holder has not converted this Note into Epixtar Common Stock prior to the One Year Anniversary Date in accordance with this Section 7.1(a), then the right to convert this Note pursuant to this Section 7.1(a) shall automatically terminate.