Condition to Additional Purchases Sample Clauses

Condition to Additional Purchases. The following shall be conditions precedent to each purchase by any Class B Purchasers of VFC Additional Class B Invested Amounts hereunder:
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Condition to Additional Purchases. The following shall be conditions precedent to the obligation of any Note Purchaser to purchase its share of the Equipment Loan Initial Advance, any Equipment Loan Advance Increase, Receivables Initial Advance or any Receivables Advance Increase, as applicable, on any Purchase Date (including the Closing Date);
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Condition to Additional Purchases. The following shall be conditions precedent to each purchase by any Class B Purchasers of Additional Class B Invested Amounts hereunder: (ai the Transferor shall have timely delivered a notice of purchase pursuant to subsection 2.1(c) of this Agreement; (bi the representations and warranties of SRPC and SRI set forth or referred to in Section 4.1 and 4.2 hereof shall be true and correct in all material respects on the date of such purchase as though made on and as of such date; (ci (i) all interest, fees, expenses and all other amounts then due and payable to any Agent or Class B Purchaser or to the Facility Agent hereunder (including any amounts owed under Sections 2.3, 2.4, 2.5 or 2.6, but excluding the Class B Principal Balance) shall have been paid, and (ii) no event which of itself or with the giving of notice or lapse of time, or both, would constitute a Termination Event shall have occurred and be continuing on such date; (di after giving effect to such purchase of Additional Class B Invested Amount, (i) the Class B Principal Balance shall not exceed the Class B Purchase Limit, and (ii) the aggregate Class B Principal Balance, minus the aggregate unpaid portion of all Class B Exiting Purchaser Amortization Amounts, shall not exceed the aggregate Commitments of the Committed Purchasers and Liquidity Purchasers; (ei after giving effect to such purchase, the sum of the Class C Invested Amount, the Class D Invested Amount and the Class E Invested Amount shall equal not less than 19% of the Invested Amount on the applicable Purchase Date; (fi there shall exist no unreimbursed Class E Investor Charge-Offs; (gi the Class A-1 Certificates and the Class A-2 Certificates remain rated Aaa by Xxxxx'x and AAA by Fitch IBCA, Inc. and the Class B Certificates remain rated not less than A1 by Xxxxx'x and not less than A by Fitch IBCA, Inc; (hi the conditions set forth in Section 6.15 of the Pooling and Servicing Agreement to the issuance of such Additional Class B Invested Amount shall have been satisfied; (ii the Additional Class B Invested Amount, when aggregated with additional invested amounts being purchased on such Purchase Date pursuant to the Class A-1 Purchase Agreement and the Class A-2 Purchase Agreement, shall equal a minimum amount of $1,000,000 and be shall be in an integral multiple of $250,000; (ji after giving effect to such purchase of Additional Class B Invested Amount, no more than two changes in the Class A Invested Amount or the Class B Invest...
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Condition to Additional Purchases. The following shall be conditions precedent to each purchase by any Class A-2 Purchasers of Additional Class A-2 Invested Amounts hereunder: (ai the Transferor shall have timely delivered a notice of purchase pursuant to subsection 2.1(c) of this Agreement; (bi the representations and warranties of SRPC and SRI set forth or referred to in Section 4.1 and 4.2 hereof shall be true and correct in all material respects on the date of such purchase as though made on and as of such date;
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Condition to Additional Purchases. The following shall be conditions precedent to each purchase hereunder by any Class A Purchasers of the Class A Notes on the Closing Date and of each Class A Note Principal Balance Increase thereafter:
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Condition to Additional Purchases. The following shall be conditions precedent to each purchase by any Class A Purchasers of Additional Class A Invested Amounts hereunder:
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Condition to Additional Purchases. The obligation of the Purchaser to make any Purchase following the Initial Purchase shall be subject to the condition precedent that there shall have been transferred to the Trust cash and/or Receivables with an aggregate value of $5,000,000 (inclusive of Receivables transferred to the Trust evidenced by the written confirmation delivered pursuant to Section 6.1 hereof).
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Related to Condition to Additional Purchases

  • CONDITIONS TO EACH BUYER’S OBLIGATION TO PURCHASE The obligation of each Buyer hereunder to purchase the Notes and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for such Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

  • CONDITIONS TO EACH PURCHASER'S OBLIGATION TO PURCHASE 7.1 The obligation of each Purchaser hereunder to purchase the Preferred Stock and Warrants to be purchased by it on the date of the Closing is subject to the satisfaction of each of the following conditions, provided that these conditions are for each Purchaser's sole benefit and may be waived by such Purchaser at any time in such Purchaser's sole discretion:

  • Conditions to The Buyer’s Obligation to Purchase The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • Additional Purchases Stockholder agrees that any shares of capital stock of the Company that Stockholder purchases or with respect to which Stockholder otherwise acquires beneficial ownership after the execution of this Agreement and prior to the Expiration Date ("New Shares") shall be subject to the terms and conditions of this Agreement to the same extent as if they constituted Shares.

  • Conditions to Purchaser’s Obligation to Purchase The obligation of the Purchaser hereunder to purchase the Securities at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions, provided that these conditions may be waived by the Purchaser at any time in its sole discretion:

  • Conditions to The Purchaser’s Obligation to Purchase The obligation of the Purchaser hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Purchaser’s sole benefit and may be waived by the Purchaser at any time in its sole discretion:

  • Additional Purchase Price The purchase price for the Additional Shares (the "Additional Purchase Price") shall be an amount equal to (i) the difference between (1) the aggregate proceeds to Purchaser from the sale of the Optional Securities and (2) the aggregate cost to Purchaser, as notified by Purchaser to Seller at the Second Time of Delivery, of the Additional STRIPS, multiplied by (ii) a fraction, the numerator of which is the Firm Share Base Amount and the denominator of which is the number of Firm Securities.

  • Limitation on Investor's Obligation to Purchase Shares Notwithstanding anything to the contrary in this Agreement, in no event shall the Investor be required to purchase, and an Intended Put Share Amount may not include, an amount of Put Shares, which when added to the number of Put Shares acquired by the Investor pursuant to this Agreement during the 31 days preceding the Put Date with respect to which this determination of the permitted Intended Put Share Amount is being made, would exceed 9.99% of the number of shares of Common Stock outstanding (on a fully diluted basis, to the extent that inclusion of unissued shares is mandated by Section 13(d) of the Exchange Act) on the Put Date for such Pricing Period, as determined in accordance with Section 13(d) of the Exchange Act (the "Section 13(d)

  • CONDITIONS TO BUYER'S OBLIGATION TO PURCHASE The obligation of each Buyer hereunder to purchase the Debenture and Warrants at each Closing is subject to the satisfaction, at or before the Closing Date, of each of the following conditions, provided that these conditions are for such Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

  • CONDITIONS TO THE INVESTOR’S OBLIGATION TO PURCHASE (a) The obligation of the Investor hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date, of each of the following conditions, provided that these conditions are for the Investor’s sole benefit and may be waived by the Investor at any time in its sole discretion by providing the Company with prior written notice thereof:

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