Purchase of the Bonds Sample Clauses

Purchase of the Bonds. The Company shall not, nor shall it permit any of its Subsidiaries or Affiliates to, directly or indirectly, acquire or make any offer to acquire any Bonds unless the Company or any such Subsidiary or Affiliate has offered to acquire Bonds, pro rata, from all holders of Bonds, upon the same terms.
AutoNDA by SimpleDocs
Purchase of the Bonds. On the Closing Date, the Issuer will issue the Bonds and lend the Loan to the Borrower and the Borrower will borrow the Loan from the Issuer, upon the terms and conditions set forth in the Bond Documents the amount (not to exceed) $4,000,000 of Bond Proceeds and cause such Bond Proceeds to be credited to the Project Fund for disbursement by the Trustee in accordance with Sections 3.01 and 4.02 of the Bond Agreement. The Loan shall be evidenced by the Promissory Note. The outstanding principal amount of the Loan shall at all times be equal to the principal amount of the Outstanding Bonds.
Purchase of the Bonds. (a) On or before the Conversion Date, any Bond or portion thereof in an integral multiple of $50,000 shall be purchased by the Paying Agent on the demand of the holder thereof, if such holder shall be an Investment Company, on any Business Day at a purchase price equal to the principal amount thereof plus accrued interest, if any, to the date of purchase, upon: (i) delivery to the Paying Agent at its Principal Office of a written notice which states (A) that such holder is an Investment Company, (B) the principal amount of such Bond to be purchased and (C) the date on which such Bond or portion thereof shall be purchased pursuant to this subsection (a), which date shall be a Business Day not prior to the seventh (7th) day next succeeding the date of the delivery of such notice to the Trustee; and (ii) delivery of such Bond, and, in the case of a Bond or portion thereof to be purchased prior to an Interest Payment Date and after the Record Date in respect thereof, a due-bill xxxck, in form satisfactory to the Paying Agent for interest due on such Interest Payment Date, at the Paying Agent's Principal Office at or prior to 10:00 a.m., New York City time, on the date specified in the aforesaid notice; provided, however, that such Bond or portion thereof shall be so purchased pursuant to this subsection (a) only if the Bond so delivered to the Paying Agent shall conform in all respects to the description thereof in the aforesaid notice. Upon receipt by the Paying Agent of notice from any Investment Company holder of its intention to require any Bonds held by such holder to be purchased, the Paying Agent shall notify the Remarketing Agent by telephone or telegraph and confirmed promptly in writing of such fact, and the Remarketing Agent shall undertake to remarket any such Bonds in the same manner as in the case of Bonds purchased by the Remarketing Agent pursuant to subsection (b) below.
Purchase of the Bonds. The Bank hereby agree to purchase the Bonds on the Date of Issuance, on the terms and subject to the conditions hereinafter set forth:
Purchase of the Bonds. On the basis of the representations, warranties, covenants and agreements herein contained, but subject to the terms and conditions herein set forth, the Underwriters hereby agree to purchase, and the City and County hereby agrees to sell, all and not less than all of the $000,000,000 aggregate principal amount of City and County of Honolulu, Hawaii, Wastewater System Revenue Bonds First Bond Resolution, Senior Series 2019A (the “2019A Bonds”), Senior Series 2019B (Refunding) (the “2019B Bonds”) and Senior Series 2019C (Taxable Refunding) (the “2019C Bonds,” and, together with the 2019A Bonds and the 2019B Bonds, the “Bonds”). The purchase price for the Bonds shall be $000,000,000, representing the aggregate principal amount of the Bonds, plus $000,000,000 net original issue premium and less $000,000,000 being the amount of the Underwriters’ compensation pursuant to Section 3 hereof. The Bonds shall be as provided in, and shall be issued under the provisions of, Chapter 49, Hawaii Revised Statutes and the Revised Charter of the City and County of Honolulu (collectively, the “Act”), and proceedings of the City Council, including Resolution No. 98-193, CD1, as amended and supplemented by Resolution No. 06-266, CD1 and Resolution No. 10-283 (the “First Bond Resolution”), and the applicable Series Resolution relating to the Bonds (collectively, the “Proceedings”), and a Certificate of the Director of Budget and Fiscal Services of the City and County, acknowledged and agreed to by the Director of Environmental Services of the City and County (the “Certificate”), which shall be substantially in the form heretofore received by the Underwriters, with only such changes therein as may be agreed upon by the parties hereto. The Bonds shall be dated, shall have the maturities, shall bear interest at the rates and payable at the times determined, and shall be subject to redemption, all in accordance with the Certificate, and shall otherwise be as described in the official statement of even date herewith relating to the Bonds (which, together with all appendices thereto and with such changes therein and supplements thereto as are consented to in writing by the Representative, is herein called the “Official Statement”). Capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Certificate or, if not defined in the Certificate, in the Official Statement. In addition to the terms defined elsewhere in this Bond Purchase Agreement, as used...
Purchase of the Bonds. On the date of this certificate, the Purchaser is purchasing the Bonds for the amount of $[AMOUNT]. The Purchaser is not acting as an Underwriter with respect to the Bonds. The Purchaser has no present intention to sell, reoffer, or otherwise dispose of the Bonds (or any portion of the Bonds or any interest in the Bonds). The Purchaser has not contracted with any person pursuant to a written agreement to have such person participate in the initial sale of the Bonds and the Purchaser has not agreed with the City of Orlando, Florida (the “Issuer”) pursuant to a written agreement to sell the Bonds to persons other than the Purchaser or a related party to the Purchaser.

Related to Purchase of the Bonds

  • Issuance and Purchase of the Notes (a) Delivery of the Funding Agreement and the Guarantee to the Custodian, on behalf of the Indenture Trustee, pursuant to the Assignment or execution of the cross receipt contained in the Closing Instrument shall be confirmation of payment by the Trust for the Funding Agreement.

  • Purchase of Bonds The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing the Trustee to apply such moneys to the purchase in the open market of Bonds in the principal amounts specified in such notice, and any Bonds so purchased shall thereupon be canceled by the Trustee.

  • Sale and Purchase of the Securities Upon the terms and subject to the conditions set forth in this Agreement and on the basis of the representations, warranties, covenants, agreements, undertakings and obligations contained herein, at the Closing (as defined in Section 2.1 hereof), Seller hereby agrees to sell to Purchaser, and Purchaser hereby agrees to purchase from Seller, the Securities, free and clear of any and all Liens (as defined in Section 8.11 hereof), for the consideration specified in this Article 1.

  • Purchase of the Securities On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company the Securities as is set forth immediately below the Buyer’s name on the signature pages hereto.

  • Purchase of Notes and Warrants On the Closing Date (as defined below), the Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such principal amount of Notes and number of Warrants as is set forth immediately below such Buyer's name on the signature pages hereto.

  • Issuance of the Bonds The Authority shall issue the Bonds under and in accordance with the Indenture, subject to the provisions of the bond purchase agreement among the Authority, the initial purchaser or purchasers of the Bonds and the Company. The Company hereby approves the issuance of the Bonds and all terms and conditions thereof.

  • Purchase of Notes The Company will not and will not permit any Affiliate to purchase, redeem, prepay or otherwise acquire, directly or indirectly, any of the outstanding Notes except upon the payment or prepayment of the Notes in accordance with the terms of this Agreement and the Notes. The Company will promptly cancel all Notes acquired by it or any Affiliate pursuant to any payment, prepayment or purchase of Notes pursuant to any provision of this Agreement and no Notes may be issued in substitution or exchange for any such Notes.

  • Sale and Purchase of the Shares On the basis of the representations, warranties and agreements contained in, and subject to the terms and conditions of, this Agreement:

  • Purchase of the Shares (a) The Company agrees to issue and sell the Underwritten Shares to the several Underwriters as provided in this Agreement, and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase from the Company the respective number of Underwritten Shares set forth opposite such Underwriter’s name in Schedule 1 hereto at a price per share (the “Purchase Price”) of $28.24625. In addition, the Company agrees to issue and sell the Option Shares to the several Underwriters as provided in this Agreement, and the Underwriters, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, shall have the option to purchase, severally and not jointly, from the Company the Option Shares at the Purchase Price less an amount per share equal to any dividends or distributions declared by the Company and payable on the Underwritten Shares but not payable on the Option Shares. If any Option Shares are to be purchased, the number of Option Shares to be purchased by each Underwriter shall be the number of Option Shares which bears the same ratio to the aggregate number of Option Shares being purchased as the number of Underwritten Shares set forth opposite the name of such Underwriter in Schedule 1 hereto (or such number increased as set forth in Section 10 hereof) bears to the aggregate number of Underwritten Shares being purchased from the Company by the several Underwriters, subject, however, to such adjustments to eliminate any fractional Shares as the Representatives in their sole discretion shall make. The Underwriters may exercise the option to purchase Option Shares at any time in whole, or from time to time in part, on or before the thirtieth day following the date of the Prospectus, by written notice from the Representatives to the Company. Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for, which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date nor later than the tenth full business day (as hereinafter defined) after the date of such notice (unless such time and date are postponed in accordance with the provisions of Section 10 hereof). Any such notice shall be given at least two business days prior to the date and time of delivery specified therein.

  • Purchase of Convertible Debentures Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at Closing (as defined herein below) and the Company agrees to sell and issue to each Buyer, severally and not jointly, at Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer's name on Schedule I hereto. Upon execution hereof by a Buyer, the Buyer shall wire transfer the Subscription Amount set forth opposite his name on Schedule I in same-day funds or a check payable to "Wachovia, N.A., as Escrow Agent for MobilePro Corp.,/ Cornell Capital Partners, LP ", which Subscription Amount shall be held in escrow pursuant to the terms of the Escrow Agreement (as hereinafter defined) and disbursed in accordance therewith. Notwithstanding the foregoing, a Buyer may withdraw his Subscription Amount and terminate this Agreement as to such Buyer at any time after the execution hereof and prior to Closing (as hereinafter defined).

Time is Money Join Law Insider Premium to draft better contracts faster.