Purchase Advance

Example Definitions of "Purchase Advance"
Purchase Advance. Means the amount of $250,000 due and owning from Licensee to Licensor under the Purchase Agreement which constitutes a deferred portion of the Purchase Price payable by Licensee to Licensor under and is defined in the Purchase Agreement and which constitutes and obligation of Licensee to Licensor under the New Factoring Agreement.
Found in GIANT GROUP LTD contract
Purchase Advance. Shall mean an advance of funds under a Promissory Note to fund an Acquisition, as reflected on a grid attached to such Promissory Note.
Found in Clearwire Corp contract
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