Purchase Amount Sample Clauses

Purchase Amount. (i) If a Responsible Person of the Servicer has actual knowledge, or receives notice from the Depositor, the Issuer, the Owner Trustee or the Indenture Trustee, of a breach of the covenants set forth in Sections 3.1(c) or (d) and such breach is not cured in all material respects by the end of the second full Collection Period (or, at the Servicer’s option, the first full Collection Period) after the Responsible Person obtained actual knowledge or was notified of such breach, the Servicer will purchase each Receivable materially and adversely affected by such breach by depositing the Purchase Amount for such Receivable into the Collection Account on the Business Day preceding the Payment Date after such Collection Period (or, with satisfaction of the Rating Agency Condition, on such Payment Date). (ii) Upon the occurrence of any of the conditions requiring purchase of a Receivable set forth in Section 3.1(b), the Servicer will repurchase the Receivable affected by such occurrence by depositing the Purchase Amount for such Receivable into the Collection Account on the Business Day preceding the Payment Date after the Collection Period (or, with satisfaction of the Rating Agency Condition, on such Payment Date) in which such modification is made. (iii) If the Servicer, in its sole discretion, determines that as a result of a receivables systems error or receivables systems limitation or for any other reason the Servicer is unable to service any Receivable in accordance with the Credit and Collection Policy and the terms of this Agreement, the Servicer may purchase such Receivable by depositing the Purchase Amount for such Receivable into the Collection Account on the Business Day preceding the Payment Date after the Collection Period (or, with satisfaction of the Rating Agency Condition, on such Payment Date) in which such determination is made. (iv) If Ford Credit is the Servicer, it may pay any Purchase Amounts in accordance with Section 4.3(c).

Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to Closing set forth below, Investor hereby irrevocably agrees to purchase 53 Preferred Shares of Company at $10,000.00 per share with a 5.0% original issue discount (“OID”) for the sum of $500,000.00 (“Purchase Amount”).

Purchase Amount. When a Subscription is made the Subscriber will: (i) be an “accredited investor” as defined in National Instrument 45- 106 Prospectus Exemptions (“NI 45-106”) by virtue of being a person, company or other entity of the type indicated in Part 4 of this Subscription Agreement (see Schedule “B”); or (ii) be able to subscribe for Units pursuant to an exemption that has been discussed with, and approved by, the Manager;

Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to each Closing set forth below, Company hereby agrees to sell to Purchaser for the aggregate sum of $1,000,000.00 (“Purchase Amount”), and Purchaser hereby agrees to purchase from Company, an aggregate of 1,000 shares of Series G Preferred Stock (“Preferred Shares”) of Company, at a price of $1,000.00 per Preferred Share.

Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to Closing set forth below, for an aggregate purchase price of $3,000,000.00 (“Purchase Amount”), Investor hereby irrevocably agrees to purchase a Warrant and a Note with the aggregate Face Value of $4,250,000.00 including an original issue discount (OID), all in accordance with the terms, provisions, and schedule set forth in this Agreement and in the Transaction Documents.

Purchase Amount. 3.1. The Parties agree that the equity valuation of the Company is INR 64,91,94,65,000 (Six Thousand Four Hundred Ninety One Crores Ninety Four Lakhs Sixty Five Thousand). In accordance with and subject to the terms and conditions of this Agreement, the Purchaser shall and the Original Purchasers shall procure that the Purchaser shall pay to the Sellers, an aggregate amount equivalent to Sale Shares multiplied by the Per Sale Share Price (the Purchase Amount) (in the manner as set out in Schedule 1), net of the Withholding Tax Amounts, if applicable (as set out in the Final Tax Certificate) in respect of the relevant portion of the Purchase Amount payable to each of the Sellers (each such amount paid to the Sellers to be referred as the Net Purchase Amount) for the Sale Shares by depositing the Net Purchase Amount (i) for the ▇▇ ▇▇▇▇▇▇▇, in the accounts designated by the respective ▇▇ ▇▇▇▇▇▇▇ to the Purchaser; and (ii) for the Sellers (except the ▇▇ ▇▇▇▇▇▇▇), in the account mentioned in Clause 3.6 below. It is hereby clarified that, an amount equivalent to the Withholding Tax Amount (as set out in the Final Tax Certificate) shall be withheld from the Purchase Amount and shall be dealt with in accordance with Clause 3.5 below. 3.2. Each Seller hereby acknowledges that, from the Net Purchase Amount, certain payments shall be payable by such Seller (i) to Seller Advisors to the extent of 1.02% (One point Zero Two Percent) of the Purchase Amount; and additionally (ii) towards the payment of the costs, expenses and fees (except as set out in Clause 12.1 of this Agreement) incurred / to be incurred by the Sellers, in relation to the transactions contemplated under this Agreement and / or the Transaction Documents in a form and manner agreed between the Sellers. The Sellers further acknowledge that the payment of such amounts as mentioned in (i) and (ii) above is the sole obligation of the Sellers; and the Purchaser, or the Purchaser SPV or the Original Purchasers shall not be liable or obligated to pay any such amounts as mentioned in (i) and / or (ii) above. 3.3. In addition to Clause 3.2 above, certain Sellers agree to make payments to Mr. V ▇▇▇▇▇▇▇▇▇▇▇ which shall be in accordance with the terms of the profit sharing arrangement agreed between, inter-alia, such Sellers and Mr. V

Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to Closings set forth below, Investor hereby irrevocably agrees (pursuant to the terms of this Agreement below, including the Company Option), to purchase 2,941 Preferred Shares at $10,000.00 per share (“Face Value”) with a 5.0% original issue discount (“OID”) for the sum of $28,000,000.00 (“Purchase Amount”).

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Purchase Amount. Beginning on January 1, 2025, if the Safe has not been terminated, the Investor can elect to reduce the Purchase Amount by having the Company pay the Investor the Purchase Amount in cash consideration (the “Redemption Right”); provided that if the Investor wishes to exercise its Redemption Right, the Investor shall send written notice to the Company at least forty days prior to the exercise of the Redemption Right (the “Redemption Notice”). The Redemption Notice shall state: i. the amount of the Purchase Amount the Investor wishes to be paid (the “Redemption Price”); and ii. the Redemption Date which shall be no earlier than January 1, 2025 (the “Redemption Date”). The Company shall no later than ten (10) days after the Redemption Date pay in cash consideration the Redemption Price and following such payment, the Purchase Amount shall be reduced by the Redemption Price.