Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Authority, and the Authority will sell to the Underwriter, all (but not less than all) of the Bonds at a purchase price equal to $24,627,624, which is equal to the $24,675,000 aggregate principal amount of the Bonds, plus original issue premium of $322,749, less the underwriting discount of $370,125. Payment for the Bonds shall be made in immediately available funds to the Trustee for the account of the Authority. Closing (the "Closing") will be at the offices of Xxxxxxx Xxxxx Xxxxxxx & Xxxxxxxxx, LLP, Philadelphia, Pennsylvania, bond counsel, at 10:00 a.m., Eastern Daylight Time, on December 28, 2005 or at such other date, time or place or in such other manner as may be agreed on by the parties hereto. The Bonds will be delivered as one fully registered bond in the aggregate principal amount of $24,675,000 in the name of Cede & Co., as nominee for The Depository Trust Company ("DTC"), with CUSIP numbers printed thereon, and shall conform in all respects to DTC's Book-Entry Only System. Delivery of the Bonds to DTC will be made by delivering the Bonds to the Trustee utilizing the DTC FAST system. If the Underwriter so requests, the Bonds shall be made available to the Underwriter (prior to their delivery to DTC) in Philadelphia, Pennsylvania at least three full business days before the Closing for purposes of inspection. The Underwriter agrees to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, that the Underwriter reserves the right (and the Authority and the Company hereby expressly acknowledge such right): to make concessions to dealers; to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the Bonds.
Purchase, Sale and Closing. Subject to the terms and conditions and in reliance on the representations, warranties and covenants herein set forth, the Purchaser agrees to purchase from the Issuer all of the Bonds that are to be issued at any time and from time to time under the Indenture and the Issuer hereby agrees to sell to the Purchaser all of the Bonds that are to be issued at any time and from time to time under the Indenture at a price of 100% of the principal amount of the Bonds. The sale and purchase of the Bonds will be accomplished in one or more installments as described hereinafter and in Section 304 of the Indenture. The parties agree that (i) the aggregate principal amount of Bonds to be sold and purchased hereunder shall not exceed the principal amount specified in Paragraph 1(a) hereof, and (ii) the Bonds will be authenticated by the Trustee and delivered to the Purchaser in one or more installments as the acquisition, construction and installation of the Project progresses. The Bond representing the initial installment shall be in a denomination mutually agreed upon by the parties hereto and shall be authenticated and delivered simultaneously with the execution and delivery of this Bond Purchase Agreement. It shall be the sole prerogative of the Company to designate (upon at least ten business days’ advance notice to the Issuer and the Trustee), the principal amount of each fully-registered Bond to be delivered at any subsequent installment and the date, time and place of the delivery of and payment for such Bond (hereinafter referred to as a “Closing”). The aforesaid designation to be made by the Company in the case of a fully-registered Bond specified for authentication and delivery (after the first such installment shall have been authenticated and delivered simultaneously with the execution and delivery of this Bond Purchase Agreement) shall be substantially in the form of that which is attached hereto as Exhibit “A” and shall be executed on behalf of the Company by its duly authorized representatives. As is set forth in Section 304 of the Indenture, any such designation which the Trustee receives from the Company shall be treated the same as an order from the Issuer to authenticate the fully-registered Bond so specified therein unless the Issuer shall notify the Trustee in writing to the contrary not less than 10 business days prior to the Closing Date specified in such designation. At any such Closing, subject to the terms and conditions of the Indenture, the ...
Purchase, Sale and Closing. (a) Subject to the terms and conditions and in reliance on the representations, warranties and covenants herein set forth, the Purchaser agrees to purchase from the Issuer all of the Bonds, and the Issuer hereby agrees to sell to the Purchaser all of the Bonds, at a price of 100% of the principal amount of the Bonds. The parties agree that the aggregate principal amount of Bonds to be sold and purchased hereunder shall not exceed the principal amount specified in Paragraph 1(a) hereof. Such purchase price shall be deemed to be paid on and as of the date of the initial issuance of the Bonds (the "Closing Date") by (i) the payment of any amount under and pursuant to subparagraph (b) of this Paragraph as is paid on the Closing Date and (ii) the Purchaser's obligation evidenced hereby to make payments in the future under and pursuant to subparagraph (b) of this Paragraph 2. The Bonds shall bear interest at the fixed rate determined as provided in Section 202 of the Indenture.
Purchase, Sale and Closing. Subject to the terms and conditions herein set forth, the Underwriter agrees to purchase from the Issuer, and the Issuer agrees to sell to the Underwriter, the Refunding Bonds at a purchase price equal to 100% of the principal amount thereof. The Refunding Bonds shall be dated [October 1], 1995, shall mature on ____, and shall bear interest at the Flexible Rate, the Daily Rate, the Weekly Rate, the Monthly Rate, the Quarterly Rate, the Semiannual Rate, the Multiannual Rate or the Fixed Rate (all as defined and more fully described in the Indenture). Payment for the Refunding Bonds shall be made in immediately available Federal funds payable to the order of the Trustee for the account of the Issuer. Closing (the "Closing") will be at the offices of McCaxx, Xxrkxxxxx xxx Hortxx X.X.P., 717 Xxxxx Xxxxxxx, 0xx Xxxxx, Dallas, Texas at 10:00 a.m., Dallas time, on [October 26], 1995 (the "Closing Date"), or at such other date, time or place as may be agreed on by the Issuer, the Company and the Underwriter. Refunding Bonds will be delivered to The Depository Trust Company ("DTC") at least 24 hours before Closing; the Refunding Bond will be registered in the name of CEDE & Co., as nominee for DTC, in the denomination of $40,890,000.
Purchase, Sale and Closing. (a) The Issuer hereby agrees to sell to the Underwriter, and the Underwriter, upon the basis of the representations, warranties and covenants herein contained, but subject to the conditions hereinafter stated, agrees to purchase the Bonds from the Issuer at a price of $29,000,000 (representing 100% of the principal amount of the Bonds.) The Borrower is paying $277,000 directly to the Underwriter, W.X. Xxxxxx & Company, LLC, as an underwriting fee.
Purchase, Sale and Closing. 1.1 The Seller hereby agrees to sell, assign, transfer and deliver to the Purchaser, and the Purchaser hereby agrees to purchase from the Seller, the Shares for the purchase price of One Hundred Thousand U.S. Dollars ($100,000.00) (the "Purchase Price"). The full amount of the Purchase Price shall be delivered U.S. Dollars, by wire transfer to an escrow account established with Xxxxxx X Xxxxxx, PLLC, (“Escrow Agent”).
Purchase, Sale and Closing. Upon the terms and conditions and in reliance on the representations, warranties, covenants and indemnity set forth herein, (a) the Underwriter agrees to purchase from the Issuer, and the Issuer agrees to sell to the Underwriter, the principal amount of Bonds for a purchase price of 100% of the principal amount thereof (being $1,000,000,000) and (b) the Corporation agrees to purchase from the Underwriter, and the Underwriter agrees to sell to the Corporation, the principal amount of the Bonds for a purchase price of $1,000,000,000. The Underwriter will be paid a fee of $150,000 for its services plus reimbursement of certain expenses hereunder. The purchase price of the Bonds shall be payable in immediately available funds to the Trustee. The Issuer will deliver or cause to be delivered to The Depository Trust Company, New York, New York (“DTC”) or to the Trustee as its agent, for the account of the Underwriter, duly executed and authenticated. Closing (“Closing”) for the delivery of the Bonds against payment therefor and delivery of documents and opinions will be at the offices of Xxxxx & Xxxxxx, L.L.P. (“Bond Counsel”), at 9:00 a.m. local time on December 18, 2017, unless the Issuer and the Underwriter, with the approval of the Corporation, shall mutually agree on some other place, time or day. The Bonds shall initially be registered in the name of Cede & Co., as nominee and registered owner for DTC, and will be made available to the Underwriter for inspection at least one business day before Closing.
Purchase, Sale and Closing. On the terms and conditions herein set forth, the Underwriter will buy from the Issuer, and the Issuer will sell to the Underwriter, the Bonds at a purchase price equal to 98.75% of the principal amount thereof, plus interest accrued, if any, to the Closing date. Payment shall be made in immediately available funds to the Trustee for the account of the Issuer. Closing (the "Closing") will be at the offices of Dilworth, Paxson, Xxxxxx & Xxxxxxxx, Philadelphia, Pennsylvania, at 10:00 a.m., Eastern Standard Time, on August 31, 1995, or at such other date, time or place as may be agreed on by the parties hereto. The Bonds will be delivered in New York, New York in the form of one typewritten bond maturing August 15, 2025, registered in the name of Cede & Co., as nominee for The Depository Trust Company. The Underwriter agrees to make a bona fide public offering of the Bonds at the initial offering prices or yields set forth in the Official Statement; provided, however, the Underwriter reserves the right (and the Issuer and the Company hereby expressly acknowledge such right): (i) to make concessions to dealers; (ii) to effect transactions that stabilize or maintain the market price of the Bonds above that which might otherwise prevail in the open market and to discontinue at any time such stabilizing transactions; and (iii) to change such initial offering prices, all as the Underwriter shall deem necessary in connection with the marketing of the Bonds.
Purchase, Sale and Closing. On the terms and conditions and in reliance on the representations, warranties and covenants set forth herein and in the Bond Documents, as defined in the Indenture, the Original Purchaser shall buy from the Issuer, and the Issuer shall sell to the Original Purchaser, the Bonds. The purchase price shall be $2,500,000 and shall be payable in immediately available funds by wire transfer to the Trustee. Closing (the "Closing") will be at the offices of Akerman, Senterfitt & Eidson, P.A., at 10:00 A.M. pxxxxxxing local time on September 24, 1997 or at such other place or other date or time as may be agreed to by the parties hereto. At the Closing the Original Purchaser will accept the delivery of the Bonds from the Issuer, and will make payment therefor upon satisfaction of the conditions contained in this Bond Purchase Agreement.
Purchase, Sale and Closing. 2.1. The Purchaser, as principal, hereby subscribes for and agrees to purchase that number of Units indicated on the Agreement to which this Appendix II is attached at a price of US $4.05 (Cdn $6.27) per Unit, for that aggregate purchase price (the “Purchase Price”) indicated on the Agreement to which this Appendix II is attached.
