Examples of Acquiring Purchaser in a sentence
The following terms shall have the meanings set forth in this §1.1 or elsewhere in the provisions of this Purchase Agreement referred to below: Acquiring Purchaser.
Upon the execution and delivery of this Purchaser Group Supplement by the Acquiring Purchaser Group, the Company, the Administrator and the Administrative Agent (the date of such execution and delivery, the “ Purchaser Group Addition Date”), the Non-Conduit Purchaser with respect to such Acquiring Purchaser Group shall be party to the Series 2010-6 Supplement and the Fee Letter, in each case, for all purposes thereof.
The Acquiring Purchaser Group hereby irrevocably purchases, takes and assumes a Commitment with respect to the Class A Notes equal to its Class A Maximum Purchaser Group Invested Amount as set forth in Exhibit A hereto.
On the Purchaser Group Addition Date, the Company shall pay the Acquiring Purchaser Group a one time, prorated, non-refundable fee equal to [***]% of such Acquiring Purchaser Group’s Class A Maximum Purchaser Group Invested Amount as set forth on Exhibit A hereto.
Exhibit A hereto sets forth the administrative information with respect to the Acquiring Purchaser Group.
By: ___________________________________ Name: Title: EXHIBIT C FORM OF ASSIGNMENT AND ASSUMPTION AGREEMENT This ASSIGNMENT AND ASSUMPTION AGREEMENT, dated as of [ ], is made among [ ] (the “Transferor”), each purchaser listed as an Acquiring Purchaser on the signature pages hereof (each, an “Acquiring Purchaser”) and Rental Car Finance Corp., an Oklahoma corporation (“RCFC”).
The Transferor hereby irrevocably sells, assigns and transfers to each Acquiring Purchaser, without recourse, representation or warranty except as provided herein, and each Acquiring Purchaser hereby irrevocably purchases, takes and assumes from the Transferor, such Acquiring Purchaser’s Purchased Percentage of the Transferor’s rights, obligations and commitments under the Series 2010-2 Note Purchase Agreement as set forth on Schedule I hereto.
Upon the execution and delivery of this Amendment by the New Acquiring Purchaser Group, the Funding Agent with respect thereto, and each Transferor Purchaser Group on the Series 2002-2 Tenth Amendment Effective Date, the CP Conduit Purchaser, the Funding Agent and the APA Bank with respect to the New Acquiring Purchaser Group shall be parties to the Series 2002-2 Supplement for all purposes thereof.
The Transferor hereby irrevocably sells, assigns and transfers to each Acquiring Purchaser, without recourse, representation or warranty except as provided herein, and each Acquiring Purchaser hereby irrevocably purchases, takes and assumes from the Transferor, such Acquiring Purchaser’s Purchased Percentage of the Transferor’s rights and obligations under the Series 2011-2 Note Purchase Agreement as set forth on Annex I hereto.
Schedule I hereto sets forth [the revised Purchaser Percentages of the Transferor and each Acquiring Purchaser as well as]1 administrative information with respect to each Acquiring Purchaser and its Managing Agent.