Manner of Purchase. Buyer is not subscribing for the Series A Preferred Stock as a result of or pursuant to any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or broadcast over television or radio, or presented at any seminar or meeting, or any solicitation of a subscription by a person other than a representative of the Company.
Manner of Purchase. The Trustee shall timely subscribe to purchase the Shares the ESOP is permitted to purchase in the Conversion pursuant to the Bank's Plan of Conversion. The Trustee shall draw upon the Trust Loan and use the proceeds thereof to purchase the number of Shares the ESOP may purchase in the Offering, simultaneously with consummation of the Conversion.
Manner of Purchase. (a) At the Option Closing, Grantee shall pay to Grantor the Purchase Price for the Option Shares to be purchased by cash, wire transfer or other immediately available funds. If Grantee has received Notice of an Event of Default (as defined in the Note) that is continuing, Grantee shall be entitled to hold the Purchase Price in trust for the benefit of Berkshire and/or Grantor until (a) Grantee has received joint instructions from Berkshire and Grantor as to the payment of the Purchase Price, (b) there is a final order of a court of competent jurisdiction directing the parties as to payment of the Purchase Price, or (c) Grantee deposits the Purchase Price for the Option Shares with said court, pending a final decision of such controversy. In any such event, the Option shall be deemed fully and properly exercised and all rights to the Option Shares shall be vested in Grantee.
Manner of Purchase. 10 Section 7.3
Manner of Purchase. Except as provided in Section 8.04, all insurance shall be purchased from insurance companies and in forms and amounts Approved by the Board and approved by each Mortgagee and shall include but not be limited to the coverages required by this Article. The cost of any insurance coverage which may be required by a Unit Mortgagee in excess of that which may otherwise be required by this Article or Approved by the Board, and which cannot be placed separately by the Unit Owner, shall be paid by the Unit Owner of the Condominium subject to such indebtedness as a Special Assessment.
Manner of Purchase. Buyers are not subscribing for the Series H Preferred Stock as a result of or pursuant to any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or broadcast over television or radio, or presented at any seminar or meeting, or any solicitation of a subscription by a person other than a representative of the Company.
Manner of Purchase. The purchase of the Class A Shares described in Section 5.2(a) shall be effected (i) by Wxxx International or its designee in the manner prescribed in the Option Agreement, or (ii) by the Company or its designee giving Notice to the former Executive Director or his estate within ninety (90) days after the occurrence of an event described in Section 5.2(a), specifying the place, date (within ninety (90) days after the date of such Notice), and time at which payment shall be made to the former Executive Director or his estate, personal representative, or successor in interest, as the case may be, for the Class A Shares. On that date, and at that place and time, Wxxx International, the Company, or the relevant designee, who shall be designated as the replacement Executive Director, shall deliver the purchase price for the Class A Shares, determined in the manner provided in Section 5.2(b), to the former Executive Director or his estate, personal representative, or successor in interest, as the case may be, in cash or by registered or certified check, and all of the Class A Shares, together with all stock powers and other signed documents deemed by Wxxx International, the Company, or the relevant designee, as the case may be, to be necessary to transfer the Class A Shares, shall be delivered to Wxxx International, the Company, or the relevant designee, as the case may be, by the former Executive Director or his estate, personal representative, or successor in interest.
Manner of Purchase. The Contracting Company may purchase consigned Products by doing any of the following:
Manner of Purchase. 2.1 To reduce the transaction cost and risks, the purchase will be completed by one-time deliver. After the agreement is signed by both parties, the transaction of 100% shares of the Target will be done between the Seller and Buyer by the deadline of Feb 1st, 2010. If special circumstances happen, supplemental Agreement will be signed.
Manner of Purchase. (a) The closing with respect to the Initial Purchase (the "Initial Closing") shall take place on or before December 31, 1996 or such other date mutually agreed upon by Xxxxx and Seller. Thereafter, Buyer shall have the right, at its sole option, to exercise its option with respect to the Option Property in accordance with Paragraph 2(b) below during the period commencing on -------------- the date of the consummation of the Initial Closing and continuing through December 31, 2003 (the "Option Period"), on which date this Agreement shall terminate and Buyer shall have no further rights to acquire any portion of the Option Property; provided, however, that no Option Effective Date (as defined in Paragraph 2(b) herein) shall be less than 120 days prior to the expiration of --------------------- the Option Period. Each closing with respect to all or a portion of the Option Property shall be referred to herein as a "Closing." Commencing with the Initial Closing and continuing until such time as Xxxxx's option rights on the Option Property are terminated pursuant to this Agreement, Xxxxx agrees that it shall be responsible for payment of all real estate taxes, personal property taxes, ad valorem taxes, rollback taxes, general and special assessments, or any other taxes imposed or levied against the Option Property. Xxxxx and Xxxxxx agree to prorate such charges as of the date of termination of Buyer's option rights with respect to any portion of the Option Property not purchased by Buyer, with Buyer being responsible for all such taxes for the calendar year in which such termination occurs through the date of termination, and Seller being responsible for all such taxes after the effective date of such termination. Seller shall provide to Buyer a statement setting forth all such taxes with respect to the Option Property, together with supporting documentation, at least thirty (30) days prior to such taxes becoming first due. If the Option Property is a separately assessed tax parcel, Buyer shall remit such amount directly to the applicable taxing authority prior to such taxes becoming delinquent; if the Option Property is part of a larger tax parcel, Buyer shall pay the taxes with respect to the Option Property to Seller prior to the date on which same would become delinquent. Buyer shall have the right to protest the amount of such taxes with respect to the Option Property so long as Buyer escrows the contested tax amount with a third party escrow agent or as ot...
