Certificate Purchaser definition
Examples of Certificate Purchaser in a sentence
If Seller fails to deliver a CNS or a Withholding Certificate, Purchaser shall withhold from the Balance, and remit to the IRS, such sum as may be required by law.
In the event of a dispute with respect to ownership of stock represented by any Certificate, Purchaser and the Exchange Agent shall be entitled to deposit any Merger Consideration represented thereby in escrow with an independent third party and thereafter be relieved with respect to any claims thereto.
Upon Purchaser’s receipt of a Tranche Presentation Certificate, Purchaser shall respond within ten (10) Business Days (the “Review Period”) regarding its review of the Projects proposed to be included in the Tranche and whether it agrees that such Projects are reasonably expected to satisfy the conditions in Section 2.3. Purchaser shall purchase each Project that Purchaser approves in writing (an “Accepted Project”) within five (5) Business Days following the end of the Review Period.
The Certificate Purchaser, by its execution hereof, authorizes the Certificate Trustee to execute and deliver this Amendment.
Within five (5) days after receipt of a Commissioning Certificate, Purchaser shall either approve such Commissioning Certificate or deliver to Supplier written notice of any work remaining to be completed by Supplier (the “Punch List Work”).
Each Certificate Purchaser agrees that the making of its monies available pursuant to Section 2.4 of the Participation Agreement shall constitute, without further act, authorization or direction by such Certificate Purchaser to Certificate Trustee to take the actions specified in this Section 1.1.
Within thirty (30) days after delivery of the Purchase Price Adjustment Certificate, Purchaser shall notify Seller on behalf of Seller, whether Purchaser agrees or disagrees with the determination of the Purchase Price Adjustment Amount set forth in the Purchase Price Adjustment Certificate.
No representation or warranty contained in this Section 4.2(d) shall include or cover any action or inaction of Lessee or any Affiliate thereof, whether or not purportedly on behalf of any Certificate Purchaser, any Lender, Certificate Trustee or any of their Affiliates.
Upon request by any Certificate Purchaser, Certificate Trustee shall furnish such Certificate Purchaser a list of the names and addresses of all Certificate Purchasers, indicating the respective unpaid Certificate Purchaser Amounts and numbers of the Certificates held by such holders.
Within seven (7) business days of receipt of any Milestone Certificate, Purchaser shall be required to comply with any obligations derived under the terms of this Agreement, including the payment to the Escrow Agent of the Additional Deposits.