Examples of Initial Purchase in a sentence
The Issuer's obligation to pay or procure the payment of the Initial Remittance under the Deposit Agreement will be subject to the condition precedent that the Dealer has determined in its absolute discretion that it has received from the Authorised Offeror an amount equal to the Initial Purchase Payment Amount by no later than the Initial Condition Precedent Time on the Initial Condition Precedent Date.
The Issuer's obligation to pay the purchase price of the Reference Securities will be subject to the condition precedent that the Dealer has determined inits absolute discretion that it has received from theAuthorised Offeror an amount equal to the Initial Purchase Payment Amount by no later than the Initial Condition Precedent Time on the Initial Condition Precedent Date.
Upon issuance and payment therefor as provided herein, such Initial Purchase Shares shall be validly issued and fully paid and non-assessable.
The Initial Purchase Price of this Home is $lll (this price has been determined in accordance with section 16 or 17 of Part II as applicable); this amount shall be reduced periodically in accordance with the schedule (hereinafter called Pur- chase Price Schedule) for that amount, which Schedule is hereby furnished the Homebuyer.
The Issuer's obligation to pay the purchase price of the Reference Securities will be subject to the condition precedent that the Dealer has determined in its absolute discretion that it has received from the Authorised Offeror an amount equal to the Initial Purchase Payment Amount by no later than the Initial Condition Precedent Time on the Initial Condition Precedent Date.