Purchaser Obligation to Purchase Sample Clauses

Purchaser Obligation to Purchase. (a) Purchase Obligations. (i) From time to time on or before September 30, 2001, the Company may give written notice(s) (each a "Purchase Notice") to the Purchaser that it is requiring the Purchaser to purchase from the Company Purchaser Junior Securities. Subject to satisfaction of the terms and conditions set forth herein, the Purchaser hereby agrees to purchase Purchaser Junior Securities from the Company in the amount set forth in each Purchase Notice given in accordance with this Agreement; provided, however, that notwithstanding anything to the contrary contained in this Agreement, (i) the minimum purchase which the Purchaser shall be required to make in respect of any Purchase Notice shall in no event be less than the lower of $25,000,000 and the then outstanding Committed Amount (as such term is defined in Section 2(b) below), and (ii) the aggregate amount of Purchaser Junior Securities which the Purchaser shall be required to purchase in respect of all Purchase Notices given under this Agreement shall in no event exceed the Committed Amount. The purchase price payable by the Purchaser to the Company for the purchase of Purchaser Junior Securities shall be the Junior Securities Purchase Price (as such term is defined in Section 2(f) below). Notwithstanding anything to the contrary contained herein, if the Company reasonably believes (or, in any event, if the Purchaser notifies the 2 Company that it believes) that any Put Amount will be outstanding on a Put Effectiveness Date (as each such term is defined in Section 2(h) below) the Company shall give a Purchase Notice as far in advance of such Put Effectiveness Date as is reasonably practical (and in any event on such date as the Purchaser may specify), for Purchaser Junior Securities in the amount of the Put Amount anticipated by the Purchaser to be outstanding on such Put Effectiveness Date. The obligation of the Purchaser to purchase Purchaser Junior Securities shall expire on September 30, 2001 (except with respect to Purchase Notices given on or before September 30, 2001). Each closing of the purchase of Purchaser Junior Securities hereunder is referred to herein as a "Closing."
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Purchaser Obligation to Purchase 
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Related to Purchaser Obligation to Purchase

  • Conditions to Purchaser’s Obligation to Purchase The obligation of the Purchaser hereunder to purchase the Securities at the Closing is subject to the satisfaction, on or before the Closing Date, of each of the following conditions, provided that these conditions may be waived by the Purchaser at any time in its sole discretion:

  • CONDITIONS TO EACH PURCHASER'S OBLIGATION TO PURCHASE 7.1 The obligation of each Purchaser hereunder to purchase the Common Shares and Warrants to be purchased by it on the date of the Closing is subject to the satisfaction of each of the following conditions, provided that these conditions are for each Purchaser’s sole benefit and may be waived by such Purchaser at any time in such Purchaser’s sole discretion:

  • Conditions to The Purchaser’s Obligation to Purchase The obligation of the Purchaser hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Purchaser’s sole benefit and may be waived by the Purchaser at any time in its sole discretion:

  • Conditions to The Buyer’s Obligation to Purchase The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • Agreement to Purchase Purchase Price Buyer acknowledges that it was the successful bidder for the Property at the Foreclosure Sale with a successful bid for the Property at the Foreclosure Sale in the amount of [ ] ($ ) (the “Purchase Price”), and agrees to purchase all of the interest in the Property from Seller in accordance with and in reliance upon the terms and conditions of this Agreement.

  • CONDITIONS TO EACH BUYER’S OBLIGATION TO PURCHASE The obligation of each Buyer hereunder to purchase the Notes and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for such Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

  • CONDITIONS TO BUYER'S OBLIGATION TO PURCHASE The obligation of Buyer hereunder to purchase the Notes at the Closing is subject to the satisfaction, at or before the Closing Date, of each of the following conditions, provided that these conditions are for Buyer’s sole benefit and may be waived by Buyer at any time in its sole discretion by providing the Company with prior written notice thereof:

  • Additional Purchase Price The purchase price for the Additional Shares (the "Additional Purchase Price") shall be an amount equal to (i) the difference between (1) the aggregate proceeds to Purchaser from the sale of the Optional Securities and (2) the aggregate cost to Purchaser, as notified by Purchaser to Seller at the Second Time of Delivery, of the Additional STRIPS, multiplied by (ii) a fraction, the numerator of which is the Firm Share Base Amount and the denominator of which is the number of Firm Securities.

  • CONDITIONS TO INVESTOR’S OBLIGATION TO PURCHASE SHARES Notwithstanding anything to the contrary in this Agreement, the Company shall not be entitled to deliver a Put Notice and the Investor shall not be obligated to purchase any Shares at a Closing unless each of the following conditions are satisfied:

  • CONDITIONS TO THE INVESTOR’S OBLIGATION TO PURCHASE SHARES OF COMMON STOCK The obligation of the Investor to buy Purchase Shares under this Agreement is subject to the satisfaction of each of the following conditions on or prior to the Commencement Date and, once such conditions have been initially satisfied, there shall not be any ongoing obligation to satisfy such conditions after the Commencement has occurred:

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