Examples of Notes Purchase in a sentence
In consideration for the First Step Purchased Property, Ally Auto shall, on or about the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Secured Note Principal Balance in respect of the Secured Notes (the “Secured Notes Purchase Price”), and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Secured Notes Assignment”).
On the Closing Date, Ally Auto shall pay to the Seller the Secured Notes Purchase Price as provided in Section 2.02.
Pursuant to 17 C.F.R. Section 200.83 The parties have executed this Unsecured PIK Convertible Notes Purchase Agreement as of the date first written above.
A portion of the Secured Notes Purchase Price shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in the Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto).
The Company may, in its discretion, proceed to protect and enforce its rights by such appropriate judicial proceedings as the Company shall deem most effectual to protect and enforce any such rights, whether for the specific performance of any covenant or agreement in the Subordinated Notes Purchase Agreement or in aid of the exercise of any power granted therein, or to enforce any other proper remedy.
On June 22, 2020, the Company received notice from the Collateral Agent holding security for the benefit of the holders of the Company's Secured Notes, with a demand for repayment under the Secured Notes Purchase Agreement of the entire principal amount, together with interest, fees, costs and other allowable charges that have accrued or may accrue.
This Subordinated Note is one of a duly authorized issue of the Subordinated Notes of the Bank in the aggregate principal amount of $o designated as its o% Perpetual Subordinated Notes and purchased pursuant to the Subordinated Notes Purchase Agreement.
The Notes Purchase Agreements and the Mortgage Receivables Purchase Agreement include a representation and warranty of the Seller as to its compliance with the requirements set forth in article 52 (a) up to and including (d) of the AIFMR, articles 408 and 409 of the CRR and articles 254 and 256 paragraph (3) sub (a) up to and including sub (c) and sub (e) of the Solvency II Regulation.
Furthermore, the Seller has pursuant to the Class E-S-X Notes Purchase Agreement agreed to purchase on the Closing Date, subject to certain conditions precedent being satisfied, the Class E Notes, the Class S Notes and the Class X Notes.
The Notes Purchase Agreement includes a representation and warranty of the Seller as to its compliance with the requirements set forth in article 52 (a) up to and including (d) of the AIFMR, articles 408 and 409 of the CRR and articles 254 and 256 paragraph (3) sub (a) up to and including sub (c) and sub (e) of the Solvency II Regulation.