Common use of Commitments to Purchase; Limits on Purchasers’ Obligations Clause in Contracts

Commitments to Purchase; Limits on Purchasers’ Obligations. Upon the terms and subject to the conditions of this Agreement (including, without limitation, Article V), from time to time during the Revolving Period, prior to the Termination Date, the Seller may request that the Purchasers purchase from the Seller ownership interests in Pool Receivables and Related Assets, and Blue Ridge and Victory shall make such purchase (each being a “Purchase”); provided that no Purchase shall be made by any Purchaser if, after giving effect thereto, based upon the most recent Information Package delivered pursuant to the first sentence of Section 3.1(a), either (a) the Invested Amount would exceed $135,000,000 (as such amount may be adjusted pursuant to Section 3.2(b), the “Purchase Limit”), (b) such Purchaser Group’s Purchaser Group Invested Amount would exceed the related Purchaser Group Limit or (c) the Asset Interest would exceed 100% (the “Allocation Limit”); and provided, further that each Purchase made pursuant to this Section 1.1 shall have a purchase price equal to at least $1,000,000 and shall be an integral multiple of $100,000.

Commitments to Purchase; Limits on Purchasers’ Obligations. Upon the terms and subject to the conditions of this Agreement (including, without limitation, Article V), from time to time during the Revolving Period, prior to the Termination Date, the Seller may request that the Purchasers Purchaser purchase from the Seller ownership interests in Pool Receivables and Related Assets, and Blue Ridge and Victory the Purchaser shall make such purchase (each being a “"Purchase”"); provided that no Purchase shall be made by any the Purchaser if, after giving effect thereto, based upon the most recent Information Package delivered pursuant to the first sentence of Section 3.1(a), either (a) the Invested Amount would exceed $135,000,000 75,000,000 (as such amount may be adjusted pursuant to Section 3.2(b), ) (the “"Purchase Limit”"), or (b) such Purchaser Group’s Purchaser Group Invested Amount would exceed the related Purchaser Group Limit or (c) the Asset Interest would exceed 100% (the “"Allocation Limit”"); and provided, further that each Purchase made pursuant to this Section 1.1 shall have a purchase price equal to at least $1,000,000 and shall be an integral multiple of $100,000.