Purchase Event Sample Clauses

Purchase Event. The term "Purchase Event" shall mean either of the following events or transactions occurring after the date hereof:
Purchase Event. Any of (i) the purchase of all the Pooling REMIC 1 Regular Interests, (ii) the purchase of all the Pooling REMIC 2 Regular Interests or (iii) the purchase of the Pooling REMIC 1 Regular Interests and the Pooling REMIC 2 Regular Interests.
Purchase Event. For purposes of this Agreement, any one of the following events shall constitute a “Purchase Event”:
Purchase Event. As used herein, "Purchase Event" shall mean: (i) the Board of Directors of Heritage shall not have recommended that the shareholders of Heritage reject a publicly disclosed offer to Heritage's shareholders to engage in an Acquisition Transaction with any person other than Acquiror or its Subsidiaries; (ii) Heritage, without having received Acquiror's prior written consent, shall have entered into an agreement to engage in an Acquisition Transaction with any person (other than Acquiror or its Subsidiaries); (iii) Heritage or any of its Representatives shall have breached Section 6.7 of the Merger Agreement; or (iv) a proposal is made by a third party to Heritage or its shareholders to engage in an Acquisition Transaction and Heritage shall have willfully breached any of its representations, warranties, covenants or agreements contained in the Merger Agreement which breach would entitle Acquiror to terminate the Merger Agreement (without regard to the cure periods provided for therein) and such breach shall not have been cured prior to the Notice Date (as defined below). If more than one of the transactions giving rise to a Purchase Event under this Section 3(b) is undertaken or effected, then
Purchase Event. 4 SEC . . . . . . . . . . . . . . . . . . . . . . . . . . . .5
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Purchase Event. Any one of the following events shall constitute a "Purchase Event":
Purchase Event. Subject to any restrictions on the right of Furst so to do set forth in the Purchase Agreement, Furst shall have xxx xight at any time after the date hereof and priox xx the occurrence of a Bankruptcy Proceeding in respect of Borrower or any of its Subsidiaries, upon 10 days prior written notice to the Lenders and Borrower, to pre-pay on behalf of the Borrower effective as of the last business day of the month (the "EFFECTIVE DATE") during which such 10th day occurs a portion of the Bank Loans outstanding at such time in an amount (the "PURCHASED PORTION") equal to 87.5% of the Eligible Accounts of Borrower and its Subsidiaries arising with regard to services provided through Sprint and/or billed through an LEC (a "PURCHASE EVENT") provided that:
Purchase Event. A "Purchase Event" shall mean any date upon which the Company's outstanding balance of cash, cash equivalents and available-for-sale securities ("Cash Balance") is less than $10,000,000. The Company shall provide written notice to the Purchaser within 3 business days of such event ("Purchase Event Notice"). Upon receipt of the Purchase Event Notice, the Purchaser shall elect to purchase Common Shares in an amount not less than 500,000 shares and not more than an aggregate of 2,5000,000 shares (including Common Shares previously purchased pursuant to this Agreement, if any) (the "Election Amount Notice").. The Purchase shall provide the Election Amount Notice to the Company within 5 business days of the receipt of the Purchase Event Notice.
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