Purchase of the Variable Funding Notes Sample Clauses

Purchase of the Variable Funding Notes. Section 2.1. The Variable Funding Notes 51 Section 2.2. Reallocations on Fifth Amendment and Restatement Closing Date 52 Section 2.3. Procedures for Advances by Lenders 53 Section 2.4. Delivery of Loans 54 Section 2.5. Reduction of the Facility Amount; Mandatory and Optional Repayments 55 Section 2.6. Determination of Interest 56 Section 2.7. Principal Repayments on the Termination Date 56 Section 2.8. Instructions to the Trustee 56 Section 2.9. Notations on Variable Funding Notes 56 Section 2.10. Settlement Procedures Prior to Termination Period 56 Section 2.11. Settlement Procedures During the Termination Period 60 Section 2.12. Collections and Allocations 62 Section 2.13. Payments, Computations, Etc 63 Section 2.14. Refunding of Swingline Advances 64 Section 2.15. Fees 65 Section 2.16. Increased Costs; Capital Adequacy; Illegality 66 Section 2.17. Taxes 68 Section 2.18. Assignment of the Sale Agreement 69 Section 2.19. Substitution and Transfer of Loans; Repurchase of Defaulted Loans 69 Section 2.20. Optional Sales 71 Section 2.21. Discretionary Sales 73 Section 2.22. Limitations on Certain Substitutions and Sales 74 TABLE OF CONTENTS (continued) Page Section 2.23. Release of Lien and Required Loan Documents 75 Section 2.24. Loan Acquisition and Disposition Criteria 75 Section 2.25. Additional Lenders; Increase of Commitment 76 Section 2.26. Defaulting Lenders 76 Section 2.27. Replacement of Lenders 78
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Purchase of the Variable Funding Notes 
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Related to Purchase of the Variable Funding Notes

  • 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.

  • Purchase of Notes By Principal Life Principal Life may purchase some or all of the Notes in the open market or otherwise at any time, and from time to time. Simultaneously, upon such purchase, (1) the purchased Notes shall, by their terms become mandatorily redeemable by the Trust as specified in the related Pricing Supplement, Prospectus Supplement and/or Prospectus and (2) the Fund under this Agreement shall be permanently reduced by the same percentage as the principal amount of the Notes so redeemed bears to the sum of (i) the aggregate principal amount of all Notes issued and outstanding immediately prior to such redemption and (ii) the principal amount of the Trust Beneficial Interest related to such Notes. If Principal Life, in its sole discretion, engages in such open market or other purchases, then the Trust, the Indenture Trustee in respect of such Notes, and Principal Life shall take actions (including, in the case of Principal Life, making the payment(s) necessary to effect the Trust’s redemption of such Notes) as may be necessary or desirable to effect the cancellation of such Notes by the Trust.

  • Payment of Notes 45 Section 4.02 Maintenance of Office or Agency................................................................ 45 Section 4.03 Reports........................................................................................ 45 Section 4.04

  • Sale and Purchase of the Notes Subject to the terms and conditions of this Agreement, at the Closing the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase and acquire from the Company, the Notes for a purchase price equal to the principal amount of the Notes purchased (the “Purchase Price”).

  • Repayment of Notes Each of the parties hereto agrees that all repayments of the Notes (including any accrued interest thereon) by the Company (other than by conversion of the Notes) will be paid pro rata to the holders thereof based upon the principal amount then outstanding to each of such holders.

  • 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.

  • Prepayment of Notes No prepayment of the Notes may be made except to the extent and in the manner expressly provided in this Agreement.

  • Repurchase of Notes Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

  • Optional Purchase of Delinquent Mortgage Loans The Depositor, in its sole discretion, shall have the option, but shall not be obligated, to purchase any 90+ Delinquent Mortgage Loans from the Trust Fund. The purchase price for any such Mortgage Loan shall be 100% of the unpaid principal balance of such Mortgage Loan plus accrued and unpaid interest on the related Mortgage Loan at the applicable Mortgage Interest Rate, plus the amount of any unreimbursed Servicing Advances made by the Servicer. Upon receipt of such purchase price, the Servicer shall provide to the Trustee a Request for Release and the Trustee shall promptly release to the Depositor, the Mortgage File relating to the Mortgage Loan being repurchased.

  • Purchase of Notes as Principal (a) Subject in all respects to the terms and conditions of the Distribution Agreement, the Trust hereby agrees to sell to the Purchasing Agent and the Purchasing Agent hereby agrees to purchase the Notes having the terms specified in the Pricing Supplement relating to such Notes.

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