Truncated Draw Down Allocation Amount definition

Truncated Draw Down Allocation Amount means the portion of the Draw Down Amount Requested that is allocated to the purchase of Shares in accordance with Section 6.1 hereof for each Trading Day in a reduced Draw Down Pricing Period (as provided in Section 6.1(m) hereof).
View Source
Truncated Draw Down Allocation Amount means the portion of the Draw Down Amount Requested that is allocated to the purchase of Shares in accordance with Section 6.1 hereof for each Trading Day in a Truncated Pricing Period (as provided in Section 6.1(m) hereof) that (i) the VWAP equals or exceeds the Threshold Price, and (ii) the VWAP is below the Threshold Price and the Purchaser elects to purchase the Common Stock at the Threshold Price in accordance with clauses (i) and (m) of Section 6.1 hereof.
View Source
Truncated Draw Down Allocation Amount means the portion of the Draw Down Amount Requested that is allocated to the purchase of Shares in accordance with Section 6.1 hereof for each Trading Day in a reduced Draw Down Pricing Period (as provided in Section 6.1(m) hereof) that (i) the VWAP equals to or exceeds the Threshold Price, and (ii) the VWAP is below the Threshold Price and the Purchaser elects to purchase the Common Stock at the Threshold Price in accordance with clauses (i) and (m) Section 6.1 hereof.
View Source

Examples of Truncated Draw Down Allocation Amount in a sentence

  • The Purchaser will purchase the Truncated Draw Down Allocation Amount for each of the Trading Days in a Truncated Pricing Period, for an aggregate purchase price determined in accordance with Section 6.1(b) and Section 6.1(i).

  • Subject to the satisfaction of the conditions set forth in Section 5.2, the Purchaser will purchase the Truncated Draw Down Allocation Amount for each of the Trading Days in a Truncated Pricing Period, for an aggregate purchase price determined in accordance with Section 6.1(b) and Section 6.1(h).


More Definitions of Truncated Draw Down Allocation Amount

Truncated Draw Down Allocation Amount means the portion of the Draw Down Amount requested that is allocated to the purchase of the Shares in accordance with Section 6.1 hereof for each Trading Day in a reduced Draw Down Pricing Period (as provided in Section 6.1(m) hereof) that (i) the VWAP equals to or exceeds the Threshold Price, and (ii) the VWAP is below the
View Source

Related to Truncated Draw Down Allocation Amount

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Class B Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class B Invested Amount less the positive difference, if any, between the Principal Funding Account Balance and the Class A Invested Amount on such date.