Examples of Purchase Notes in a sentence
If the Designated Representative determines that the Notes of a series are to be sold by private placement, the Designated Representative shall solicit proposals to purchase the Direct Purchase Notes and to select the Direct Purchaser that submits the proposal that is in the best interest of the City.
Direct Purchase Notes shall be sold to the Direct Purchaser pursuant to the terms of a Loan Agreement.
The SPEs pledged the Purchase Notes and Letters of Credit as security for the Monetization Loans.
The Deposits serve as collateral for the LOC Banks in the event that Buyer defaults on the Purchase Notes.
Taxpayer then conveyed the Purchase Notes to the SPEs. Taxpayer treated X% of the conveyance as a sale of the Purchase Notes to the SPEs in exchange for intercompany notes totaling an amount equal to X% of the face value of the Purchase Notes.