Principal Daily Commitment Amount
Principal Daily Commitment Amount. Means an amount of up to a maximum of the lesser of (a) 50% of the total share volume traded during normal trading hours on the on the Trading Day immediately prior to the Principal Commitment Date, (b) $2,000,000, as set forth in the Principal Commitment Notice; provided, however, to the extent (a) or (b) exceeds 150,000 shares any such share amount in excess of 150,000 will solely be in Ladenburg's sole discretion.
Found in
Akerna Corp. contract
Principal Daily Commitment Amount. Means an amount of up to a maximum of the lesser of (a) 50% of the total share volume traded during normal trading hours on the on the Trading Day immediately prior to the Principal Commitment Date and (b) $2,000,000, as set forth in the Principal Commitment Notice.
All Definitions
Found in
Akerna Corp. contract