Maximum Fixed Amount Requested definition

Maximum Fixed Amount Requested shall have the meaning assigned to such term in Section 3.2 hereof.
Maximum Fixed Amount Requested means (i) $1,000,000, if the VWAP of the Common Stock is greater than $0.10 per share on the Trading Day immediately preceding the applicable Fixed Request Exercise Date and (ii) $100,000, if the VWAP of the Common Stock is equal to or below $0.10 per share on the Trading Day immediately preceding the applicable Fixed Request Exercise Date.
Maximum Fixed Amount Requested means, with respect to any single Fixed Request Notice for which the Alternative Fixed Amount Requested is not applicable, $100,000.

Examples of Maximum Fixed Amount Requested in a sentence

  • The Fixed Request Notice shall specify the Fixed Amount Requested (up to the Maximum Fixed Amount Requested) or the number of Shares cap for the Alternative Fixed Amount Requested (as applicable), establish the Threshold Price for such Fixed Request and designate the first and last Trading Day of the Pricing Period.

  • If the Company issues a Fixed Request Notice in which the Fixed Amount Requested exceeds the Maximum Fixed Amount Requested determined in accordance with Section 3.2 (if the Company has not elected the Alternative Fixed Amount Requested in accordance with the provisions of Section 3.2 hereof), such Fixed Request Notice shall be void ab initio to the extent the Fixed Amount Requested exceeds the Maximum Fixed Amount Requested.

  • Anything to the contrary in this Agreement notwithstanding, unless otherwise mutually agreed upon by the Investor and the Company, at no time shall the Investor be required to purchase more than the Maximum Fixed Amount Requested in respect of any Fixed Request (not including Common Stock subject to any Optional Amount).

  • If the Company issues a Fixed Request Notice in which the Fixed Amount Requested exceeds the Maximum Fixed Amount Requested determined in accordance with Section 3.2 (if the Company has not elected the Alternative Fixed Amount Requested in accordance with the provisions of Section 3.2 hereof), such Fixed Request Notice shall be void ab initio but only to the extent the Fixed Amount Requested exceeds the Maximum Fixed Amount Requested.

  • The Fixed Request Notice shall specify the Fixed Amount Requested (which shall not exceed the Maximum Fixed Amount Requested), establish the Floor Price for such Fixed Request, designate the first and last Trading Day of the Pricing Period and specify the Optional Amount, if any, that the Company elects to grant to the Investor during the Pricing Period and the applicable Floor Price for such Optional Amount (the "Optional Amount Floor Price").

  • The Fixed Request Notice shall specify the Fixed Amount Requested (which shall not exceed the Maximum Fixed Amount Requested), establish the Floor Price for such Fixed Request, and designate the applicable Trade Date.

  • The Fixed Request Notice shall specify the Fixed Amount Requested (up to the Maximum Fixed Amount Requested) or the number of Shares cap for the Alternative Fixed Amount Requested (as applicable), the applicable Threshold Price (calculated in accordance with the defined term) for such Fixed Request, the first and last Trading Day of the Pricing Period, and the Settlement Dates.

  • If the Company issues any Fixed Request Notice in which the Fixed Amount Requested exceeds the Maximum Fixed Amount Requested determined in accordance with Section 3.2 (provided the Company has not elected the Alternative Fixed Amount Requested or a Fixed Request Option in accordance with the provisions of Section 3.2 hereof), such Fixed Request Notice shall be void ab initio to the extent the Fixed Amount Requested exceeds the Maximum Fixed Amount Requested.

  • Anything to the contrary in this Agreement notwithstanding, unless otherwise mutually agreed upon by the Investor and the Company, at no time shall the Investor be required to purchase more than the Maximum Fixed Amount Requested in respect of any Fixed Request.

  • The Fixed Request Notice shall specify the Fixed Amount Requested (up to the Maximum Fixed Amount Requested), establish the Threshold Price for such Fixed Request and designate the first and last Trading Day of the Pricing Period.

Related to Maximum Fixed Amount Requested

  • Fixed Amount has the meaning assigned to such term in Section 1.10(c).

  • Submitted Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Maximum Swingline Amount means $5,000,000.

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).