Applicable Quantity definition

Applicable Quantity means, with respect to each purchase of Common Stock on a Closing Date pursuant to this Agreement, the number of shares of Common Stock that is purchased by the Investor, rounded up or down to the nearest whole number of shares.
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Applicable Quantity means the number of shares of Common Stock that is determined by dividing the Investment Amount by the Purchase Price, rounded up or down to the nearest whole number of shares.
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Applicable Quantity has the meaning given in Section 2.3.
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Examples of Applicable Quantity in a sentence

  • In the event that a Margin Call Event shall have occurred and be continuing during the Commitment Period, the Investor may, at its sole discretion, deliver a written notice to the Company (an "Investor Call Notice") which specifies the Investor Call Amount and the Calculation Date for determining the Applicable Quantity to be issued by the Company on the Closing Date specified therein.

  • On each Closing Date pursuant to a Company Put Notice (A) the Company shall deliver to the Investor one or more certificates representing the Applicable Quantity registered in the name of the Investor or, at the Investor's option, deposit such certificate(s) into such account or accounts previously designated by the Investor, and (B) the Investor shall deliver to the Company the Company Put Amount.

  • If the Applicable Quantity set forth in the Substrate Supply Plan is 100% of the Substrate Requirements for Biogas Facility in question, and the Substrate Supply Plan is otherwise reasonable, LESC will be the exclusive supplier of Substrate to such Biogas Facility, and LESC shall thereafter be obligated to supply, and Microgy will be obligated to accept, the Substrate Requirements of the Biogas Facility in accordance with the Substrate Supply Plan.

  • In the event that the Applicable Quantity set forth in a Substrate Supply Plan is less than 100% of the Substrate Requirements for the Biogas Facility in question, Microgy may (i) reject such Substrate Supply Plan or (ii) accept such Substrate Supply Plan by notifying LESC of such acceptance within two (2) months of receiving the Substrate Supply Plan for such Biogas Facility.

  • On any Notice Date, unless otherwise agreed by the parties to this Agreement, the Chief Executive Officer or the Chief Financial Officer of the Company (or such other person as designated by either in writing) may, at the Company's sole discretion, deliver a written notice to the Investor (each such notice being a "Put Notice") which specifies the Investment Amount and the Calculation Date for determining the Applicable Quantity to be purchased by the Investor on the Closing Date specified therein.

  • In the event that Microgy accepts such Substrate Supply Plan, LESC shall be required to supply to Microgy, and Microgy will be required to accept exclusively from LESC, the Applicable Quantity at the applicable Biogas Facility in accordance with the Substrate Supply Plan, and Microgy shall have the right to seek alternative sources of Substrate for such Biogas Facility to up to the amount of the difference between the Substrate Requirements for such Biogas Facility and the Applicable Quantity.


More Definitions of Applicable Quantity

Applicable Quantity means the percentage of Substrate Requirements for a given Biogas Facility set forth in the applicable Substrate Supply Plan.
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Related to Applicable Quantity

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Reportable quantity means one of the following:

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.