Initial Transaction definition

Initial Transaction refers to the Secured Convertible Debenture Purchase Agreement dated September 26, 2000, between AJW Partners, LLC and New Millennium Capital Partners II, LLC, pursuant to which the Company issued and sold to AJW and New Millennium, an aggregate principal amount of $1,500,000 of the Company's 10% Secured Convertible Debentures.

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Initial Transaction has the meaning ascribed thereto in Section 2.1.

Initial Transaction has the meaning set forth in the recitals to this Agreement. “Investment Agreement” has the meaning set forth in the recitals to this Agreement. Agreement.

Examples of Initial Transaction in a sentence

The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate an Initial Transaction within the time period(s) specified in the Registration Statement.
Each Instruction to Register Pledge referred to in such Pledge Agreements shall have been delivered to the Borrower and its Subsidiaries, and each Initial Transaction Statement referred to in such Pledge Agreements shall have been delivered to the Administrative Agent, as are required by any of the Pledge Agreements.
All Income in respect of the Transaction Assets, which may, except with respect to the Initial Transaction Asset, include payments in respect of associated Hedging Transactions, shall be deposited directly into, or, if applicable, remitted directly from the applicable underlying collection account to, the Collection Account.
A Transaction Author may make Update Transactions if and only if the Transaction Author was the Author of the Initial Transaction.
Seller has all necessary licenses, permits and other consents from Governmental Authorities necessary to acquire, own and sell the Initial Transaction Asset and for the performance of its obligations under the Transaction Documents except where the failure to have any such license, permit or consent would not have a Material Adverse Effect.

Initial Transaction means one of them;

Initial Transaction shall have the meaning set forth in the recitals.

Initial Transaction means each Transaction entered into pursuant to the Initial Agreement.

Initial Transaction means (i) the Refinancing Transaction, (ii) the issuance of the Senior Notes, (iii) the CRHC Merger and (iv) the entering into of this Agreement and the incurrence of Loans on the Effective Date.

Initial Transaction shall have the meaning specified in Section 1 of this Agreement.

Initial Transaction means the "Transaction" under, and as defined ------------------- in, the Original Credit Agreement.

Initial Transaction. The Transaction entered into between Buyer and Seller in which the Initial Trust Interests are sold by Seller to Buyer.