Purchase and Sale of Offered Notes. Subject to the terms and conditions and in reliance upon the representations and warranties set forth herein, the Trust agrees to sell to the Initial Purchasers the Offered Notes, and the Representative on behalf of the several Initial Purchasers has agreed to use their reasonable best efforts to place the aggregate principal amount of Offered Notes set forth on Schedule I hereto with investors in accordance with the terms hereof. It is understood and agreed that the Initial Purchasers are not acquiring, and have no obligation to acquire, the Class A-2 Notes (which will be acquired by the respective Holder of the Class A-2 Notes pursuant to the Class A-2 Purchase Agreement), the Class F Note or the Certificate (which Class F Note and Certificate will be acquired by the Trust Depositor on the Closing Date pursuant to the Sale and Servicing Agreement). It is further understood and agreed that the Representative may convey all or a portion of the Offered Notes to the other Initial Purchasers, each of which (including the Representative) may retain the Offered Notes, purchase the Offered Notes for their own account, or sell the Offered Notes to their affiliates or to any other investor in accordance with the applicable provisions hereof and of the Indenture.
Purchase and Sale of Offered Notes. (a) Subject to the terms and conditions and in reliance upon the covenants, representations and warranties set forth herein, the Class A Underwriters agree to purchase from the Issuer the Class A Initial Principal Amount of the Class A Notes and the Class B Underwriters agree to purchase from the Issuer the Class B Initial Principal Amount of the Class Notes pursuant to the terms of this Agreement on the Issuance Date at the purchase price or prices (the "Purchase Price") set forth on Schedule A attached hereto.
Purchase and Sale of Offered Notes. Subject to the terms and conditions and in reliance upon the representations and warranties set forth herein, the Issuer agrees to sell to the Initial Purchaser the Offered Notes, and the Initial Purchaser has agreed to use its commercially reasonable efforts to place the aggregate principal amount of Offered Notes set forth on Schedule I hereto with investors in accordance with the terms hereof. If purchased, the Class A Notes will be purchased at a price of 100% and the Class B Notes will be purchased at a price of 100%. It is understood and agreed that the structuring and placement fee payable by the Issuer to the Initial Purchaser on the Closing Date with respect to the Class A Notes is $1,740,000 (1.00% of the initial principal balance of the Class A Notes) and the structuring fee payable by the Issuer to the Initial Purchaser on the Closing Date with respect to the Class B Notes is $50,000 (0.50% of the initial principal balance of the Class B Notes). Such fees payable by the Issuer may be netted by the Initial Purchaser against its purchase price payment for the Offered Notes. It is understood and agreed that the Initial Purchaser will sell all of the Class B Notes to the Depositor on the Closing Date. It is understood and agreed that the Initial Purchaser is not acquiring, and has no obligation to acquire, the Subordinated Notes (which Subordinated Notes will be acquired by the Depositor on the Closing Date pursuant to the Master Loan Sale Agreement). It is further understood and agreed that the Initial Purchaser may retain the Offered Notes, purchase the Offered Notes for its own account, or sell the Offered Notes to its affiliates or to any other investor in accordance with the applicable provisions hereof and of the Indenture.
Purchase and Sale of Offered Notes. Subject to the terms and conditions and in reliance upon the representations and warranties set forth herein, the Trust agrees to sell to the Initial Purchaser the Offered Notes, and the Initial Purchaser has agreed to use its commercially reasonable efforts to place the aggregate principal amount of Offered Notes set forth on Schedule I hereto with investors in accordance with the terms hereof. If purchased, the Class A Notes will be purchased at a price of 100% and the Class B Notes will be purchased at a price of 91.85405%. It is understood and agreed that the Initial Purchaser is not acquiring, and has no obligation to acquire, the Class C Note, the Subordinated Note or the Certificate (which Class C Note, Subordinated Note and Certificate will be acquired by the Trust Depositor on the Closing Date pursuant to the Sale and Servicing Agreement). It is further understood and agreed that the Initial Purchaser may retain the Offered Notes, purchase the Offered Notes for its own account, or sell the Offered Notes to its affiliates or to any other investor in accordance with the applicable provisions hereof and of the Indenture.
Purchase and Sale of Offered Notes. Subject to the terms and conditions and in reliance upon the representations and warranties set forth herein, (i) the Class A-1 Issuer agrees to sell to Wachovia Capital Markets all of the Class A-1 Notes, and Wachovia Capital Markets agrees to purchase all of the Class A-1 Notes at a purchase price equal to 100% of the principal amount of such Class A-1 Notes; and (ii) the Class A-2 Issuer agrees to sell to Xxxxxx Brothers Inc. all of the Class A-2 Notes, and Xxxxxx Brothers Inc. agrees to purchase all of the Class A-2 Notes at a purchase price equal to 100% of the principal amount of such Class A-2 Notes. It is understood and agreed that each Initial Purchaser may retain Offered Notes which it purchases, purchase such Offered Notes for its own account or sell such Offered Notes to its affiliates or to the other Initial Purchaser.
Purchase and Sale of Offered Notes. On the basis of the representations, warranties and agreements contained herein, and subject to the terms and conditions set forth herein, the Trust will sell to the Underwriters, and the Underwriters will, severally and not jointly, purchase from the Trust, the principal amounts of the Offered Notes listed opposite the Underwriters' names in the Terms Annex for the purchase prices stated in the Terms Annex (each, a "Purchase Price"). The Trust will not be obligated to deliver any of the Offered Notes except upon payment of the aggregate Purchase Price for all the Offered Notes to be purchased as provided herein.
Purchase and Sale of Offered Notes. (a) In consideration of the issuance of common stock in AmeriCredit Corp. to be made to Fairholme Funds, Inc. (the “Purchaser”) pursuant to the Exchange Agreement (the “Exchange Agreement”), on the Closing Date the Purchaser shall purchase $50,645,000 principal amount of the Class B Notes that are issued by the Trust (or, if less, 100% of the principal amount of the Class B Notes that are so issued) and $72,581,000 of the Class C Notes that are issued by the Trust (or, if less, 100% of the principal amount of the Class C Notes that are so issued) so long as such Offered Notes meet the following criteria on the Closing Date:
Purchase and Sale of Offered Notes. Subject to the terms and conditions and in reliance upon the representations and warranties set forth herein, the Issuer agrees to sell to the Initial Purchaser the Offered Notes, and the Initial Purchaser has agreed to use its commercially reasonable efforts to place the aggregate principal amount of Offered Notes set forth on Schedule I hereto with investors in accordance with the terms hereof. If purchased, the Offered Notes will be purchased at a price of 100%. It is understood and agreed that the structuring and placement fee payable by the Issuer to the Initial Purchaser on the Closing Date with respect to the Offered Notes is $2,025,000 (2.0% of the initial principal balance of the Offered Notes). Such fees payable by the Issuer may be netted by the Initial Purchaser against its purchase price payment for the Offered Notes. It is understood and agreed that the Initial Purchaser is not acquiring, and has no obligation to acquire, the Subordinated Notes (which Subordinated Notes will be acquired by the Depositor on the Closing Date pursuant to the Master Loan Sale Agreement). It is further understood and agreed that the Initial Purchaser may retain all or any portion of the Offered Notes, purchase the Offered Notes for its own account, or sell the Offered Notes to its affiliates or to any other investor in accordance with the applicable provisions hereof and of the Indenture.
Purchase and Sale of Offered Notes
