Purchase Date definition

Purchase Date means one or more dates during an Offering selected by the Board on which Purchase Rights will be exercised and on which purchases of shares of Common Stock will be carried out in accordance with such Offering.

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Purchase Date means the date determined by the General Partner as the date for purchase of all Outstanding Limited Partner Interests of a certain class (other than Limited Partner Interests owned by the General Partner and its Affiliates) pursuant to Article XV.

Purchase Date means the last Trading Day of each Purchase Period.

Examples of Purchase Date in a sentence

• On each Purchase Date, the Seller does hereby agree to sell, convey, transfer and assign to the Purchaser, without recourse against the Seller except as set forth in Section 4.7 below, all right, title and interest in and to the Correspondent Loans acquired by the Seller from the Correspondents pursuant to the related Loan Commitments, all in accordance with the terms and conditions set forth herein.

• The failure of Seller to satisfy any of the conditions precedent in this Article 6 with respect to any Transaction or Purchased Asset shall, unless such failure was set forth in an exceptions schedule to the relevant Confirmation or otherwise waived in writing by Buyer on or before the related Purchase Date, give rise to the right of Buyer at any time to rescind the related Transaction, whereupon Seller shall immediately pay to Buyer the Repurchase Price of such Purchased Asset.

• The Purchaser shall be entitled to all collections and recoveries of principal and interest paid by a Mortgagor, received by Seller or otherwise applied to any Mortgagor’s account after the related Purchase Date.

• On each Purchase Date, the Purchaser shall pay to the Seller the Correspondent Loan Purchase Price, by wire transfer in immediately available funds to the account designated by the Seller.

• Notwithstanding any other provision herein or otherwise, Buyer shall have no obligation to enter into any Future Funding Transaction (even with respect to any Purchased Asset identified on the applicable Purchase Date as having future funding obligations).

More Definitions of Purchase Date

Purchase Date has the meaning set forth in the definition of “Offer to Purchase.”

Purchase Date means with respect to the Initial Loans, the Closing Date, and with respect to any Additional Loans or Substituted Loans, the date of the related Additional ▇▇▇▇ of Sale.

Purchase Date means the last Trading Day of each Offering Period.

Purchase Date means, with respect to a Regular Purchase made pursuant to Section 2(a) hereof, the Business Day on which the Investor receives, after 4:00 p.m., Eastern time, but prior to 5:00 p.m., Eastern time, on such Business Day, a valid Regular Purchase Notice for such Regular Purchase in accordance with this Agreement.

Purchase Date means with respect to any Regular Purchase made hereunder, the Business Day of receipt by the Buyer of a valid Purchase Notice that the Buyer is to buy Purchase Shares pursuant to Section 1(b) hereof.

Purchase Date means the date on which Purchased Mortgage Loans are to be transferred by Seller to Buyer.

Purchase Date means one or more dates during an Offering established by the Board on which Purchase Rights shall be exercised and as of which purchases of shares of Common Stock shall be carried out in accordance with such Offering.