Open Market Purchases definition

Open Market Purchases means one or more purchases by an Affiliated Lender of a portion of the outstanding Term Loans conducted through an organized exchange or decentralized, dealer-based over-the-counter market which trades in syndicated loans and which publishes, buys, and sells quotations relating to such debt instrument, all in accordance with Section 11.06(g).
Open Market Purchases means those purchases of commodities by any purchasing official in which competitive bidding is not required;
Open Market Purchases has the meaning set forth in Section 2.19(a).

Examples of Open Market Purchases in a sentence

  • Such Open Market Purchases may be made only at per share prices (inclusive of commissions) that do not exceed an amount equal to (A) the aggregate amount then on deposit in the Trust Account divided by (B) the total number of Offering Shares then outstanding.

  • Open Market Purchases may be made on any securities exchange where Shares are traded, in the over-the-counter market or in negotiated transactions, and may be on such terms as to price, delivery and otherwise as the Plan Agent shall determine.

  • However, each Participant will pay a per Common Share fee incurred in connection with Open Market Purchases.

  • However, each Participant will pay a per Share (currently $0.05) fee incurred in connection with Open Market Purchases.

  • If, on the Dividend Payment Date, the most recently computed NAV per Share as of the Dividend Payment Date is greater than the closing market price per Share plus per Share fees (such condition referred to as a “market discount”), the Plan Agent will invest the Dividend amount in Shares acquired on behalf of the Participants in Open Market Purchases.


More Definitions of Open Market Purchases

Open Market Purchases as defined in Section 10.6(i)(ii).
Open Market Purchases is defined to means those purchases of commodities by any purchasing official in which competitive bidding is not required.
Open Market Purchases has the meaning set forth in Section 2.1(B)(ii) hereof.
Open Market Purchases means, collectively, each negotiated open market purchase of the Term Loans of each Consenting First Lien Credit Agreement Lender pursuant to Section 10.07(l) of the First Lien Credit Agreement on the Open Market Buy-Back Date pursuant to Section 6.03 hereof, in an amount equal to the Aggregate Purchase Amount.
Open Market Purchases means the purchase of outstanding Advances from a Lender or Lenders by the Company pursuant to secondary market purchases entered into with such a Lender or Lenders as the Company shall see fit.
Open Market Purchases means the purchase by the Borrower of additional shares of Target Stock for aggregate consideration not to exceed $2,380,000.
Open Market Purchases means the purchase by Borrower, from time to time, for cash in the open market (other than in the Tender Offer) or in a privately negotiated purchases of the outstanding Target Shares which were not tendered and accepted for payment by Borrower pursuant to the Offer to Purchase.