Purchase Amount. (i) If a Responsible Person of the Servicer has actual knowledge, or receives notice from the Depositor, the Issuer, the Owner Trustee or the Indenture Trustee, of a breach of the covenants set forth in Sections 3.1(c) or (d) and such breach is not cured in all material respects by the end of the second full Collection Period (or, at the Servicer’s option, the first full Collection Period) after the Responsible Person obtained actual knowledge or was notified of such breach, the Servicer will purchase each Receivable materially and adversely affected by such breach by depositing the Purchase Amount for such Receivable into the Collection Account on the Business Day preceding the Payment Date after such Collection Period (or, with satisfaction of the Rating Agency Condition, on such Payment Date).
Purchase Amount. When a Subscription is made the Subscriber will: (i) be an “accredited investor” as defined in National Instrument 45- 106 Prospectus Exemptions (“NI 45-106”) by virtue of being a person, company or other entity of the type indicated in Part 4 of this Subscription Agreement (see Schedule “B”); or (ii) be able to subscribe for Units pursuant to an exemption that has been discussed with, and approved by, the Manager;
Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to Closing set forth below, Investor hereby irrevocably agrees to purchase 53 Preferred Shares of Company at $10,000.00 per share with a 5.0% original issue discount (“OID”) for the sum of $500,000.00 (“Purchase Amount”).
Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to each Closing set forth below, Company hereby agrees to sell to Purchaser for the aggregate sum of $1,000,000.00 (“Purchase Amount”), and Purchaser hereby agrees to purchase from Company, an aggregate of 1,000 shares of Series G Preferred Stock (“Preferred Shares”) of Company, at a price of $1,000.00 per Preferred Share.
Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to Closing set forth below, for an aggregate purchase price of $3,000,000.00 (“Purchase Amount”), Investor hereby irrevocably agrees to purchase a Warrant and a Note with the aggregate Face Value of $4,250,000.00 including an original issue discount (OID), all in accordance with the terms, provisions, and schedule set forth in this Agreement and in the Transaction Documents.
Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to Closings set forth below, Investor hereby irrevocably agrees to purchase 369 Preferred Shares of Company at $10,000.00 per share with a 5.0% original issue discount (“OID”) for the sum of $3,500,000.00 (“Purchase Amount”).
Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to Closing set forth below, Investor hereby irrevocably agrees to purchase 435 Preferred Shares of Company at $5,000.00 per share with an 8.0% original issue discount for the sum of $2,000,000.00 (“Purchase Amount”) in cash.
Purchase Amount. The undersigned hereby agrees to purchase that number of Shares and Warrants for a Purchase Price as each is set forth opposite the undersigned’s name on Schedule A to this Securities Purchase Agreement, pursuant to and in accordance with the terms of this Securities Purchase Agreement.
Purchase Amount. In full consideration for the sale, contribution, assignment, transfer, conveyance and granting of the Purchased Receivables, and subject to the terms and conditions set forth herein, the Purchaser shall pay (or cause to be paid) to the Seller, or the Seller’s designee, the following:
Purchase Amount. Subject to the terms and conditions herein and the satisfaction of the conditions to Closing set forth below, Company hereby sells to Purchaser for the aggregate sum of $6,000,000.00 (“Purchase Amount”), and Purchaser hereby purchases from Company, 750,000 shares of Series A Preferred Stock (“Preferred Shares”) of Company, at a price of $8.00 per Preferred Share. As additional consideration for Purchaser's obligations under this Agreement, Company shall issue to Purchaser at each Closing, a Warrant exercisable for such number of Warrant Shares equal to thirty-five percent (35%) of the number of shares of Common Stock issuable upon conversion of the Preferred Shares that Purchaser purchases at such Closing.
