Committed Purchaser definition
Examples of Committed Purchaser in a sentence
If such Committed Purchaser pays such amount to the Administrator, then such amount shall constitute such Committed Purchaser’s Capital included in such Purchase.
Each Committed Purchaser’s obligation hereunder shall be several, such that the failure of any Committed Purchaser to make a payment in connection with any Purchase hereunder shall not relieve any other Committed Purchaser of its obligation hereunder to make payment for any Purchase.
Any such payment by the SPEs shall be without prejudice to any claim the SPEs may have against a Committed Purchaser that shall have failed to make such payment to the Administrator.
Any such Committed Purchaser may agree, in its sole discretion, to such increase in its Commitment.
Any Committed Purchaser not responding within such time period shall be deemed to have declined to consent to an increase in such Committed Purchaser’s Commitment.