Purchase by Buyer Sample Clauses

Purchase by Buyer. (a) Upon the terms and subject to the conditions set forth in this Agreement, Buyer agrees to purchase the Partnership Interests from Seller, and Seller agrees to sell the Partnership Interests to Buyer. Specifically, the LP Buyer agrees to purchase the Limited Partner Interest from CRI-II, and CRI-II agrees to sell the Limited Partner Interest to the LP Buyer, and the GP Buyer agrees to purchase the General Partner Interest from the General Partner, and the General Partner agrees to sell the General Partner Interest to the GP Buyer.
AutoNDA by SimpleDocs
Purchase by Buyer. Subject to the terms of this Agreement and the Side Letter and satisfaction of the conditions precedent set forth in this Section 3 and in Section 7, on the requested Purchase Date for each Transaction, Buyer shall transfer to Seller or its designee — for a newly Originated Eligible Mortgage Loan, by transferring funds to the designated Settlement Agent — an amount equal to the Purchase Price for purchase of each Eligible Mortgage Loan that is the subject of such Transaction on that Purchase Date, less any amounts to be netted against such Purchase Price in accordance with the Transaction terms. The transfer of funds to the Settlement Agent to be used to fund the Mortgage Loan, and if applicable, the netting of amounts for value, on the Purchase Date for any Transaction will constitute full payment by Buyer of the Purchase Price for such Mortgage Loan. Within five (5) Business Days following the Purchase Date, Seller shall (i) take such steps as are necessary and appropriate to effect the transfer to Buyer on the MERS® System of the Purchased Mortgage Loans so purchased, and to cause Buyer to be designated as “Interim Funder” on the MERS® System with respect to each such Purchased Mortgage Loan and (ii) in the case of a Wet Funding, deliver all remaining items of the related Asset File to Custodian. Notwithstanding anything to the contrary in this Agreement or any other Transaction Document, Buyer shall have no obligation to enter into any Transaction on or after the Termination Date. Seller may (i) initially request less than [***] of the Purchase Price for any one or more Purchased Mortgage Loans, (ii) repay part of the Purchase Price therefor to Buyer or (iii) both, and may subsequently request that Buyer fund (or re-fund) the balance of the Purchase Price to Seller, and in either case so long as both (x) no Default or Event of Default has occurred and is continuing, and (y) Buyer, in its sole discretion, elects to do so, Buyer will fund (or re-fund) so much of such balance as Seller shall request.
Purchase by Buyer. Subject to the terms of the Side Letter and satisfaction of the conditions precedent set forth in this Paragraph 3 and in Paragraph 7, on the requested Purchase Date for each Transaction, Buyer shall transfer to Seller an amount equal to the Purchase Price for purchase of the Eligible Mortgage Loans that is the subject of such Transaction on that Purchase Date, less any amounts to be netted against such Purchase Price. The transfer of funds to the Settlement Agent to be used to fund the Mortgage Loan, and if applicable, the netting of amounts for value, on the Purchase Date for any Transaction will constitute full payment by Buyer of the Purchase Price for such Transaction. Within five (5) days following the Purchase Date, Seller shall (i) take such steps as are necessary and appropriate to effect the transfer of the Purchased Mortgage Loan to Buyer on the MERS® System and to cause Buyer to be designated as “Interim Funder” on the MERS System with respect to such Purchased Mortgage Loan and (ii) in the case of a Wet Funding, deliver all remaining items of the related Loan File to Buyer. Notwithstanding anything to the contrary in this Agreement or any other Transaction Document, Buyer shall have no obligation to enter into any Transaction on or after the Termination Date.
Purchase by Buyer. Upon the terms and subject to the conditions set forth in this Agreement, Buyer agrees to purchase or cause an affiliate of Buyer to purchase all of the shares of the capital stock of the Trust Subsidiary issued and outstanding on the Closing Date (the "Stock") from Seller, and Seller agrees to sell or cause to be sold all of the Stock to Buyer.
Purchase by Buyer. Upon the terms and conditions set forth in this Agreement, as of the Effective Date, Buyer has purchased from Seller, and Seller has sold to Buyer, the Purchased Membership Interests, such membership interests evidencing Seller's entire interest in the Company and its assets.
Purchase by Buyer. Pursuant to the terms and subject to the conditions set forth in this Agreement, at the Closing, Buyer shall purchase, acquire and accept from Seller, and Seller shall sell, transfer, convey and deliver to Buyer, all rights, title and interest to the Shares free and clear of any Liens (other than restrictions imposed by applicable securities Laws).
AutoNDA by SimpleDocs
Purchase by Buyer. Buyer agrees to purchase and take delivery of three (3) spare [**] (the new “Spare Engines”), direct from GE in accordance with the delivery schedule set forth in Attachment A hereto (the “Spare Engines Delivery Schedule”) on a specific date to be agreed between Buyer and Seller (the “Delivery Date”) in factory new condition, in accordance with the terms and conditions as set forth herein (including the Attachments) and as further described in the Acceptance Certificate, Attachment E for each such Spare Engine. The purchase of the Spare Engines is subject to the terms and conditions of the GTA.
Purchase by Buyer. Buyer agrees to purchase and take delivery of one (1) - spare [*] and two (2) spare [*] (the new “Spare Engines or [*]”) [*] and two (2) used spare [*] Engines (the used “Spare Engines”), with the option to purchase one additional new [*] Spare Engine [*], direct from GE in accordance with the delivery schedule set forth in Attachment A hereto (the “Spare Engines or [*] Delivery Schedule”) on a specific date to be agreed between Buyer and Seller (the “Delivery Date”) in both used and factory new condition, in accordance with the terms and conditions as set forth herein and as further described in the Acceptance Certificate, Attachment H for such Engine or [*]. The purchase of the Spare Engines or [*] is subject to the terms and conditions of the GTA and this Letter Agreement, including Attachment B and Attachment C.
Purchase by Buyer of Loans on the applicable Funding Date is conditioned upon the following:
Time is Money Join Law Insider Premium to draft better contracts faster.