Common use of Initial Purchase Clause in Contracts

Initial Purchase. The Parent on behalf of the Sellers shall give the Purchaser at least one Business Day’s notice of their request for the initial Purchase hereunder, which request shall specify the date of such Purchase (which shall be a Business Day) and the proposed Purchase Price for such Purchase. The Purchaser shall promptly notify the Sellers whether it has determined to make such Purchase. On the date of such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Olin Corp)

Initial Purchase. The Parent on behalf of the Sellers shall give the Purchaser at least one Business Day’s notice of their request for the initial Purchase hereunder, which request shall specify the date of such Purchase (which shall be a Business Day) and the proposed Purchase Price for such Purchase. The Purchaser shall promptly notify the Sellers whether it has determined to make such Purchase. On the date of such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Lexmark International Inc /Ky/)

Initial Purchase. The Parent on behalf of the Sellers Seller shall give the Purchaser at least one Business Day’s notice of their its request for the initial Purchase hereunder, which request shall specify the date of such Purchase (which shall be a Business Day) and the proposed Purchase Price for such Purchase. The Purchaser shall promptly notify the Sellers Seller whether it has determined to make such Purchase. On the date of such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Personal Care Holdings Inc)

Initial Purchase. The Parent on behalf of the Sellers Each Seller shall give the Purchaser at least one Business Day’s 's notice of their its request for the initial Purchase hereunder, which request shall specify the date of such Purchase (which shall be a Business Day) and the proposed Purchase Price for such Purchase. The Purchaser shall promptly notify the Sellers such Seller whether it has determined to make such Purchase. On the date of such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Ferro Corp)

Initial Purchase. The Parent on behalf of the Sellers Seller shall give the Purchaser at least one Business Day’s 's notice of their its request for the initial Purchase hereunder, which request shall specify the date of such Purchase (which shall be a Business Day) and the proposed Purchase Price for such Purchase. The Purchaser shall promptly notify the Sellers Seller whether it has determined to make such Purchase. On the date of such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Lexmark International Inc /Ky/)

Initial Purchase. The Parent on behalf of the Sellers Seller shall give the Purchaser at least one (1) Business Day’s notice of their its request for the initial Purchase hereunder, which request shall specify the date of such Purchase (which shall be a Business Day) and the proposed Purchase Price for such Purchase. The Purchaser shall promptly notify the Sellers Seller whether it has determined to make such Purchase. On the date of such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Ferro Corp)

Initial Purchase. The Parent on behalf of the Sellers Each Seller shall give the Purchaser at least one (1) Business Day’s notice of their its request for the initial Purchase hereunder, which request shall specify the date of such Purchase (which shall be a Business Day) and the proposed Purchase Price for such Purchase. The Purchaser shall promptly notify the Sellers such Seller whether it has determined to make such Purchase. On the date of such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Appears in 1 contract

Sources: Purchase Agreement (Ferro Corp)