Purchased Interest. “Purchased Interest” shall have the meaning ascribed to such term in Subsection 9.3(n). 2.74 RTLC-AC. “RTLC-AC” shall have the meaning ascribed to such term in the first Paragraph of this Agreement.
Purchased Interest. From (a) the date of this Agreement to the Control Date, Vendor will use its commercially reasonable efforts so as not to permit Viterra to assign, transfer or convey or Encumber the Purchased Interest and (b) the Control Date to the Closing Date, Vendor will not permit Viterra to assign, transfer or convey or Encumber the Purchased Interest; provided, however, Vendor is entitled to cause Viterra to assign, transfer or convey the Viterra Member Nitrogen Agreement to a direct or indirectly wholly-owned Canadian subsidiary of Viterra (a “Permitted Transferee”) if (and only if) the transfer of the Viterra Member Nitrogen Agreement to Purchaser from the Permitted Transferee under this Agreement is effected by way of an asset transaction. For all purposes under this Agreement (including, without limitation, each of the representations and warranties set forth in Sections 4.1 and 5.1), each reference to Viterra shall be deemed to include a reference to any such Permitted Transferee.
Purchased Interest. The Assignor is the record and beneficial owner and holder of the Purchased Interest, free and clear of all liens and encumbrances. Other than the Operating Agreement, there are no contracts, whether written or oral, relating to the issuance, sale, or transfer of the Purchased Interest.
Purchased Interest. Both before and after each purchase or reinvestment pursuant to the Agreement, the Purchased Interest will not be greater than 100%.
Purchased Interest. The Seller is the lawful owner of the Purchased Interests free and clear of any and all liens, encumbrances and charges of any kind. The Purchased Interests constitute 5% of all of the membership interests in the Company. There are no rights, warrants, calls or commitment, preemptive or similar rights or options issued or outstanding with respect to any of the Purchased Interests except as set forth herein or in the Company’s governing documents to which Purchaser is a party.
Purchased Interest. The Purchased Interest does not exceed 100% on the date hereof and has not exceeded 100% on any day during the Specified Period.
Purchased Interest. Each Purchased Interest shall be initially computed as of the opening of business of the Collection Agent on the date of purchase of such Purchased Interest. Thereafter until the Termination Date, such Purchased Interest shall be
Purchased Interest. Each Purchased Interest shall be initially computed as of the opening of business of the Collection Agent on the date of purchase of such Purchased Interest. Thereafter until the Termination Date, such Purchased Interest shall be automatically recomputed as of the close of business of the Collection Agent on each day (giving effect to the deposit of Owner Collections to the Seller's Account pursuant to Section 2.05). Such Purchased Interest shall remain constant from the time as of which any such computation or recomputation is made until the time as of which the next such recomputations if any, shall be made. Any Purchased Interest, as computed as of the day immediately preceding the Termination Date, shall remain constant at all times on and after such Termination Date.
Purchased Interest. (a) Schedule 2.01(a)(i) contains a true and complete list of all Owned Real Property.
Purchased Interest. The Purchaser shall own and be entitled to receive with respect to each Mortgage Loan purchased, (1) all recoveries of principal collected after the Cut-off Date, (2) all payments of interest on the Mortgage Loans net of the Interim Servicing Fee during the Interim Servicing Period and any subservicing fee payable pursuant to Section 12(b)(7) of this Agreement, and (3) all rights to service the Mortgage Loan (it being understood that the Purchaser may from time to time at its option retain the Interim Servicer to service the Mortgage Loan as set forth in this Agreement during the Interim Servicing Period as provided herein or as provided pursuant to Section 12(b)(7)). The Stated Principal Balance of each Mortgage Loan as of the related Cut-off Date is determined after application to the reduction of principal of payments of principal received on or before the related Cut-off Date.
