Initial Subscription Amount definition

Initial Subscription Amount means, as to each Purchaser, the aggregate amount to be paid for the Preferred Shares hereunder at the Initial Closing, as specified below such Purchaser’s name on the signature page of this Agreement and next to the heading “Initial Subscription Amount,” in United States dollars and in immediately available funds.

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Initial Subscription Amount shall have the meaning ascribed to such term in Section 2.1.

Initial Subscription Amount has the meaning given in the Unit Holders Deed. Initial Subscription Date means the date on which the first Units in the Trust are issued to a Unit Holder. Insolvency Event means, in relation to the Trustee, the happening of any of the following events:

Examples of Initial Subscription Amount in a sentence

The Parties agree that the Initial Subscription Amount shall be held by the Escrow Agent in terms of and in accordance with the Subscription Escrow Agreement.
The Escrow Agent agrees to act in accordance with any joint written instructions issued by the Company and the Bidder through their respective Authorized Representatives concerning the Initial Subscription Amount and the Escrow Account, provided such joint instructions do not require the Escrow Agent to perform any act or deed which will violate any applicable Law.
The Bidder shall deposit the Initial Subscription Amount in the Subscription Escrow Account within four (4) Business Days of being declared as the successful bidder in terms of the Bid Process.
Subject to the terms and conditions of this Agreement, in consideration of the aforesaid issuance, sale, conveyance, assignment, transfer and delivery to the Purchaser of 38,095,300 Units, the Purchaser shall pay to the Company the Initial Subscription Amount.
The Purchaser shall deliver to the Company, via wire transfer within three (3) business days of the Initial Closing Date, immediately available funds equal to its Initial Subscription Amount, and the Company shall deliver to the Purchaser, the Note and Warrants, as determined pursuant to Section 2.2(a), and the Company and the Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing.

Initial Subscription Amount means the sum of Rs. payable by the Bidder to the Company under the Share Subscription Agreement for the acquisition of the Initial Shares and shall include any interest accrued thereon in terms of this Agreement; and

Initial Subscription Amount has the meaning set forth in Section 2.1(a).

Initial Subscription Amount means, as to each Purchaser, the aggregate Subscription Amount to be paid for the Initial Notes purchased hereunder as specified below such Purchaser’s name on the signature page of this Agreement and next to the heading “Initial Subscription Amount,” in United States dollars and in immediately available funds.

Initial Subscription Amount means $8,000,013.

Initial Subscription Amount shall have the meaning ascribed to it in Clause 2.1;

Initial Subscription Amount shall have the meaning assigned to such term in the recitals to this Agreement;