Purchase by Buyer. (a) Upon the terms and subject to the conditions set forth in this Agreement, Buyer agrees to purchase the Partnership Interests from Seller, and Seller agrees to sell the Partnership Interests to Buyer. Specifically, the LP Buyer agrees to purchase the Limited Partner Interest from CRI-II, and CRI-II agrees to sell the Limited Partner Interest to the LP Buyer, and the GP Buyer agrees to purchase the General Partner Interest from the General Partner, and the General Partner agrees to sell the General Partner Interest to the GP Buyer.
Purchase by Buyer. Subject to the terms of the Side Letter, satisfaction of the conditions precedent set forth in this Section 3 and in Section 6, and compliance with the procedures set forth in the applicable Schedule FNMA, Schedule FHA, Schedule FHA-M, Schedule FHLMC+ or Schedule FHLMC-DP and Buyer’s receipt of a counterpart of the related Buyer’s Escrow Instructions Letter executed, respectively, by the Closing Agent specified in such Buyer’s Escrow Instructions Letter, on or before the requested Purchase Date for each Transaction, Buyer shall wire transfer to the Closing Agent specified in the related Transaction Request, for the Seller’s account, an amount equal to the Purchase Price for purchase of the Eligible Mortgage Loan that is the subject of such Transaction on that Purchase Date, less any amounts to be netted against such Purchase Price in accordance with the Transaction terms. The transfer of funds to the Closing Agent to be used to fund the Mortgage Loan, and if applicable, the netting of amounts for value, on the Purchase Date for any Transaction will constitute full payment by Buyer of the Purchase Price for such Mortgage Loan. Seller may (i) initially request less than one hundred percent (100%) of the Purchase Price therefor, (ii) repay part of the Purchase Price therefor to Buyer or (iii) both, and may subsequently request that Buyer fund (or re-fund) the balance of the Purchase Price to Seller, and in either case so long as (x) no Default or Event of Default has occurred and is continuing and (y) Buyer elects, in its sole discretion, to do so, Buyer will fund (or re-fund) so much of such balance as such Seller shall request.
Purchase by Buyer. Upon the terms and subject to the conditions set forth in this Agreement, Buyer agrees to purchase or cause an affiliate of Buyer to purchase all of the shares of the capital stock of the Trust Subsidiary issued and outstanding on the Closing Date (the "Stock") from Seller, and Seller agrees to sell or cause to be sold all of the Stock to Buyer.
Purchase by Buyer. Subject to the terms and conditions set forth in this Agreement, Buyer shall buy from Seller, and Seller shall sell to Buyer, all of the Shares for the Purchase Price.
Purchase by Buyer. Subject to the terms of the Side Letter and satisfaction of the conditions precedent set forth in this Paragraph 3 and in Paragraph 7, on the requested Purchase Date for each Transaction, Buyer shall transfer to Seller an amount equal to the Purchase Price for purchase of the Eligible Mortgage Loans that is the subject of such Transaction on that Purchase Date, less any amounts to be netted against such Purchase Price. The transfer of funds to the Settlement Agent to be used to fund the Mortgage Loan, and if applicable, the netting of amounts for value, on the Purchase Date for any Transaction will constitute full payment by Buyer of the Purchase Price for such Transaction. Within five (5) days following the Purchase Date, Seller shall (i) take such steps as are necessary and appropriate to effect the transfer of the Purchased Mortgage Loan to Buyer on the MERS® System and (ii) in the case of a Wet Funding, deliver all remaining items of the related Loan File to Buyer. Notwithstanding anything to the contrary in this Agreement or any other Transaction Document, Buyer shall have no obligation to enter into any Transaction on or after the Termination Date.
Purchase by Buyer. Upon the terms and conditions set forth in this Agreement, Buyer hereby purchases from Seller, and Seller hereby sells to Buyer, the Purchased Membership Interest, such Membership Interest evidencing Seller's interest in the Company.
Purchase by Buyer. Upon the terms and subject to the conditions set forth in this Agreement, Buyer agrees to purchase the Partnership Interests from Seller, and Seller agrees to sell the Partnership Interests to Buyer. Seller hereby consents to the conversion of the Partnership from a Pennsylvania limited partnership into a Delaware limited liability company pursuant to the Master Agreement. Upon the conversion of the Partnership to a Delaware limited liability company, without any further action by either Buyer or Seller, all references herein to the “Partnership” shall automatically be deemed references to the “Company” and all references herein to the “Partnership Interests” shall automatically be deemed references to the “Membership Interests” in the Company.
Purchase by Buyer. Pursuant to the terms and subject to the conditions set forth in this Agreement, at the Closing, Buyer shall purchase, acquire and accept from Seller, and Seller shall sell, transfer, convey and deliver to Buyer, all rights, title and interest to the Shares free and clear of any Liens (other than restrictions imposed by applicable securities Laws).
Purchase by Buyer of Loans on the applicable Funding Date is conditioned upon the following:
Purchase by Buyer. Buyer agrees to purchase and take delivery of three (3) spare [**] (the new “Spare Engines”), direct from GE in accordance with the delivery schedule set forth in Attachment A hereto (the “Spare Engines Delivery Schedule”) on a specific date to be agreed between Buyer and Seller (the “Delivery Date”) in factory new condition, in accordance with the terms and conditions as set forth herein (including the Attachments) and as further described in the Acceptance Certificate, Attachment E for each such Spare Engine. The purchase of the Spare Engines is subject to the terms and conditions of the GTA.
