Common use of Making Purchases Clause in Contracts

Making Purchases. (a) The Seller may request a purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder to be made in cash on any day upon the Seller’s irrevocable written notice in the form of Annex B (each, a “Purchase Notice”) delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2, which notice must be received by the Administrator and each Purchaser Agent by 1:00 p.m. (New York City time) at least two Business Days before the requested Purchase Date, and which notice shall specify (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $5,000,000 and shall be in integral multiples of $1,000,000 in excess thereof, being the Capital relating to the undivided percentage ownership interest then being purchased with respect to each Purchaser Group), (B) the date of such purchase (which shall be a Business Day) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital resulting from such purchase.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (LyondellBasell Industries N.V.)

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Making Purchases. (a) The Seller may request a purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder to be made in cash on any day upon the Seller’s irrevocable written notice in the form of Annex B (each, a “Purchase Notice”) delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2, which notice must be received by the Administrator and each Purchaser Agent by 1:00 not later than 12:00 p.m. (noon) (New York City time) at least two Business Days before on the requested Purchase Date, and which notice shall specify (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $5,000,000 1,000,000 and shall be in integral multiples of $1,000,000 100,000 in excess thereof, being the Capital relating to the undivided percentage ownership interest then being purchased with respect to each Purchaser Group), (B) the date of such purchase (which shall be a Business Day) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital and any change in the Aggregate LC Amount resulting from such purchase.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Celanese Corp)

Making Purchases. (a) The Seller may request a purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder to be made in cash on any day upon the Seller’s 's irrevocable written notice in the form of Annex B (each, a “Purchase Notice”) delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2, 6.2 (which notice must be received by the Administrator and each Purchaser Agent by 1:00 p.m. (before 2:00 p.m., New York City time) at least two Business Days before the requested Purchase Date, and which notice shall specify specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $5,000,000 500,000 or such lesser amount as agreed to by the Administrator and shall be in integral multiples of $1,000,000 in excess thereofeach Purchaser Agent), being the Capital relating to the undivided percentage ownership interest then being purchased with respect to each Purchaser Group), (B) the date of such purchase (which shall be a Business Day) ), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital resulting from such purchase.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cincinnati Bell Inc)

Making Purchases. (a) The Seller may request a purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder to be made in cash on any day upon the Seller’s irrevocable written notice in the form of Annex B (each, a “Purchase Notice”) delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2, 6.2 (which notice must be received by the Administrator and each Purchaser Agent by 1:00 p.m. (before 2:00 p.m., New York City time) at least two Business Days before the requested Purchase Date, and which notice shall specify specify: (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $5,000,000 500,000 or such lesser amount as agreed to by the Administrator and shall be in integral multiples of $1,000,000 in excess thereofeach Purchaser Agent), being the Capital relating to the undivided percentage ownership interest then being purchased with respect to each Purchaser Group), (B) the date of such purchase (which shall be a Business Day) ), and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital resulting from such purchase. Each Swingline Purchase shall be made in accordance with Section 1.2(g).

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cincinnati Bell Inc)

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Making Purchases. (a) The Seller may request a purchase (but not reinvestment) of undivided percentage ownership interests with regard to the Purchased Interest hereunder to be made in cash on any day upon the Seller’s irrevocable written notice in the form of Annex B (each, a “Purchase Notice”) delivered to the Administrator and each Purchaser Agent in accordance with Section 5.2, which notice must be received by the Administrator and each Purchaser Agent by 1:00 p.m. (New York City time) at least two (2) Business Days before the requested Purchase Date, and which notice shall specify (A) the amount requested to be paid to the Seller (such amount, which shall not be less than $5,000,000 1,000,000 and shall be in integral multiples of $1,000,000 500,000 in excess thereof, being the Capital relating to the undivided percentage ownership interest then being purchased with respect to each Purchaser Group), (B) the date of such purchase (which shall be a Business Day) and (C) the pro forma calculation of the Purchased Interest after giving effect to the increase in the Aggregate Capital and any change in the Aggregate LC Amount resulting from such purchase.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Celanese Corp)

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