No Obligation to Purchase. Nothing herein contained or done pursuant hereto shall obligate the Holder to subscribe for or the Company to issue any Warrant Shares except those Warrant Shares in respect of which the Holder shall have exercised its right to purchase hereunder in the manner provided herein.
No Obligation to Purchase. RSI shall not be obligated to purchase any Holder Offered Securities pursuant to any Holder Notice of Offer in accordance with the provisions of Section 8.1 and no Holder shall be obligated to purchase any RSI Offered Securities pursuant to any RSI Notice of Offer in accordance with the provisions of Section 8.2.
No Obligation to Purchase. Nothing herein contained or done pursuant hereto shall obligate the Holder to purchase or pay for or the Corporation to issue any Class B Common Shares except those Class B Common Shares in respect of which the Holder shall have exercised its right to purchase hereunder in the manner provided herein.
No Obligation to Purchase. Notwithstanding anything to the contrary in this Agreement, Arcadia has the option to refuse to purchase Shares of Bioceres despite the delivery by Bioceres of a Funding Option Exercise Notice if (i) Verdeca is no longer operating or is insolvent; (ii) the Management Committee or Members of Verdeca are unable or unwilling to timely approve an annual Work Plan; (iii) Verdeca has materially failed to meet technical and/or regulatory milestones under an agreed-upon Work Plan; (iv) Bioceres or BUSA is no longer operating or is insolvent: (v) Verdeca has received *** or more from third-party investors; or (vi) Arcadia owns less than *** of Verdeca. A refusal by Arcadia to purchase Shares of Bioceres pursuant to this Section 2.2 shall not give BUSA the right to dissolve Verdeca. *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
No Obligation to Purchase. Licensee acknowledges and agrees that nothing in this Exhibit D or the Agreement requires any Licensor Party to purchase any or all of the Assets of any Brand Restaurant Business, and any Licensor Party’s obligations to purchase any or all of such Assets shall be contained in, and subject to execution by such Licensor Party of, a definitive purchase agreement, which any such Licensor Party may decline to do at any time for any reason.
No Obligation to Purchase. This is an option agreement only and nothing contained in this agreement or done pursuant to this agreement will obligate the Optionee to purchase and/or pay for any Optioned Shares except those Optioned Shares in respect of which the Optionee shall have exercised his Option in the manner provided. _
No Obligation to Purchase. Nothing in this Memorandum of Understanding shall obligate Xxxxxx Xxx to purchase any Guaranteed Mortgage. The sole purpose of this Memorandum of Understanding is to establish and clarify the terms and conditions of the Secretary’s guarantee of, and the Secretary’s requirements with regard to servicing of, any Guaranteed Mortgage that Xxxxxx Xxx in its sole discretion elects to purchase. (12-22-04) PN 381 RD Instruction 2000-TTT Exhibit A Page 18 Conflicts. In the event of any conflict between this Memorandum of Understanding and the terms of the Lender’s Agreement, the Handbook or the Loan Note Guarantee applicable to any Guaranteed Mortgage, this Memorandum of Understanding shall govern. This Memorandum of Understanding contains various RHS interpretations of the Regulations. If Xxxxxx Xxx complies with the interpretation of Regulation that is set forth in this Memorandum of Understanding, Xxxxxx Xxx shall be deemed in compliance with that Regulation.
No Obligation to Purchase. As of the Initial Closing, except for rights provided pursuant to the Other Agreements, the Company will not be a party to any agreement with any Holder of any Securities which requires the Company to purchase any of such Securities from such Holder under any circumstances.
No Obligation to Purchase. The Bank shall not be obligated to purchase or discount any Bankers' Acceptances. The Borrower shall be responsible for arranging the purchase or discounting of any such Bankers' Acceptances by a money market dealer or the Bank, and if a money market dealer is used to facilitate settlement, the details of such purchase or discounting shall be advised promptly by the Borrower to the Bank, by telephone or facsimile transmission.
No Obligation to Purchase. It is hereby agreed and understood that the Agent shall not at any time be obligated to purchase any of the Offered Securities.