Common use of AGREEMENT TO PURCHASE; LIMITS ON PURCHASERS' OBLIGATIONS Clause in Contracts

AGREEMENT TO PURCHASE; LIMITS ON PURCHASERS' OBLIGATIONS. Subject to and upon the terms and conditions of this Agreement, from time to time prior to the Termination Date, (a) Seller may request that each Purchaser, ratably in accordance with such Purchaser’s Pro Rata Share, purchase from Seller an undivided ownership interest in the Pool Assets specified in each applicable Purchase Notice and (b) each Purchaser severally agrees to purchase its respective Pro Rata Share of such undivided ownership interest in the Pool Assets (each being a “Purchase”); provided that no Purchase shall be funded by the Purchasers if, after giving effect thereto, either (y) the then Capital would exceed an amount equal to $300,000,000, as such amount may be decreased from time to time as provided in Section 1.5 or increased from time to time pursuant to Section 1.6 (the “Facility Limit”), or (z) the Receivable Interest would exceed 100% (the “Allocation Limit”); and provided further that each Purchase made pursuant to this Section 1.1 shall require a funding of Capital of at least $1,000,000.

AGREEMENT TO PURCHASE; LIMITS ON PURCHASERS' OBLIGATIONS. Subject to and upon the terms and conditions of this Agreement, from time to time prior to the Termination Date, (a) Seller may request that each Purchaser, ratably in accordance with such Purchaser’s 's Pro Rata Share, purchase from Seller an undivided ownership interest in the Pool Assets specified in each applicable Purchase Notice and (b) each Purchaser severally agrees to purchase its respective Pro Rata Share of such undivided ownership interest in the Pool Assets (each being a “"Purchase”"); provided that no Purchase shall be funded by the Purchasers if, after giving effect thereto, either (y) the then Capital would exceed an amount equal to $300,000,000100,000,000, as such amount may be decreased from time to time as provided in Section 1.5 or increased from time to time pursuant to Section 1.6 (the “"Facility Limit”"), or (z) the Receivable Interest would exceed 100% (the “"Allocation Limit”"); and provided further that each Purchase made pursuant to this Section 1.1 shall require a funding of Capital of at least $1,000,000.

AGREEMENT TO PURCHASE; LIMITS ON PURCHASERS' OBLIGATIONS. Subject to and upon the terms and conditions of this Agreement, from time to time prior to the Termination Date, (a) Seller may request that each Purchaser, ratably in accordance with such Purchaser’s Pro Rata Share, purchase from Seller an undivided ownership interest in the Pool Assets specified in each applicable Purchase Notice and (b) each Purchaser severally agrees to purchase its respective Pro Rata Share of such undivided ownership interest in the Pool Assets (each being a “Purchase”); provided that no Purchase shall be funded by the Purchasers if, after giving effect thereto, either (y) the then Capital would exceed an amount equal to $300,000,000200,000,000, as such amount may be decreased from time to time as provided in Section 1.5 or increased from time to time pursuant to Section 1.6 (the “Facility Limit”), or (z) the Receivable Interest would exceed 100% (the “Allocation Limit”); and provided further that each Purchase made pursuant to this Section 1.1 shall require a funding of Capital of at least $1,000,000.

AGREEMENT TO PURCHASE; LIMITS ON PURCHASERS' OBLIGATIONS. Subject to and upon the terms and conditions of this Agreement, from time to time prior to the Termination Date, (a) Seller may request that each Purchaser, ratably in accordance with such Purchaser’s 's Pro Rata Share, purchase from Seller an undivided ownership interest in the Pool Assets specified in each applicable Purchase Notice and (b) each Purchaser severally agrees to purchase its respective Pro Rata Share of such undivided ownership interest in the Pool Assets (each being a “"Purchase”"); provided that no Purchase shall be funded by the Purchasers if, after giving effect thereto, either (y) the then Capital would exceed an amount equal to $300,000,000200,000,000, as such amount may be decreased from time to time as provided in Section 1.5 or increased from time to time pursuant to Section 1.6 (the “"Facility Limit”"), or (z) the Receivable Interest would exceed 100% (the “"Allocation Limit”"); and provided further that each Purchase made pursuant to this Section 1.1 shall require a funding of Capital of at least $1,000,000.