Purchase of Participation. (a) You will, on or before A.M. (New York City time) on [specify date], pay to us, at our office at , , (the “Payment Office”), as the purchase price for your Participation in the Loan(s) outstanding on the date hereof, an amount equal to the Purchased Interest (as defined in Section 1(b) below) of the aggregate principal amount of such Loans in [Currency] and in same day funds [plus accrued interest and fees to the Effective Date]. We will, promptly upon our receipt of this purchase price from you, send you a participation certificate, in substantially the form of Exhibit A, confirming and evidencing your Participation in the Loan(s) outstanding on the date hereof. * Exclude the Loans which are not to be covered by the Participation Agreement.
Purchase of Participation. (a) The respective participation shares of the Lenders under this Participation Agreement shall be as follows:
Purchase of Participation. Immediately upon issuance of any Letter of Credit in accordance with this Section 2.2, each Lender shall be deemed to have irrevocably and unconditionally purchased and received without recourse or warranty, an undivided interest and participation in the credit support or enhancement provided through the Agent to the Issuer in connection with the issuance of such Letter of Credit, equal to such Lender's Pro-Rata Share of the face amount of such Letter of Credit (including, without limitation, all obligations of Borrower with respect thereto, and any security therefor or guaranty pertaining thereto).
Purchase of Participation. (a) In consideration of Grantor’s sale, grant, conveyance and transfer to Participant of the Participation, Participant covenants and agrees to pay to Grantor, on the date hereof, by wire transfer of immediately available funds to an account designated by Grantor, the Purchase Price (as defined in the Stock Purchase Agreement). The Purchase Price shall be paid in United States dollars. For the avoidance of doubt, Participant hereby purchases, assumes and shall be responsible for the obligations and liabilities of Grantor relating to the Participation resulting from facts, events or circumstances arising or occurring on or after the date hereof, other than in respect of the Unfunded Commitments (as hereinafter defined). Participant shall not be responsible for any obligations or liabilities of Grantor that (i) result from facts, events or circumstances arising or occurring prior to the date hereof, (ii) result from Grantor’s breach of its representations, warranties, covenants, or agreements under this Agreement or the Credit Agreements (except to the extent any such breach results from a breach by Participant of its obligations hereunder), (iii) result from Grantor’s bad faith, gross negligence, or willful misconduct or (iv) are attributable to Grantor’s actions or obligations in any capacity other than as a Lender under the Credit Agreements. For purposes of this Agreement, “Unfunded Commitments” shall mean any unused Commitment (as defined in the applicable Credit Agreement) under each of the Credit Agreements on the date hereof as set forth on Schedule 1.
Purchase of Participation. (a) You will, on or before A.M. (New York City time) on [specify date], pay to us, at our office at , , (the “Payment Office”), as the purchase price for your Participation in the Loan(s) outstanding on the date hereof, an amount equal to the Purchased * Exclude the Loans which are not to be covered by the Participation Agreement. Interest (as defined in Section 1(b) below) of the aggregate principal amount of such Loans in [Currency] and in same day funds [plus accrued interest and fees to the Effective Date]. We will, promptly upon our receipt of this purchase price from you, send you a participation certificate, in substantially the form of Exhibit A, confirming and evidencing your Participation in the Loan(s) outstanding on the date hereof.
Purchase of Participation. (a) At the Closing, you will pay to us, at our account #00000-00000 at Bank of America, San Francisco, California (ABA#121-000-358), as the purchase price for your Participation in our Note or Notes, the Participation Amount in United States dollars and in same day available funds. We will, promptly upon our receipt of this purchase price from you, send you a participation certificate at your address below, in substantially the form of Exhibit A, confirming and evidencing your Participation.
Purchase of Participation. A-1 by the Participation A-2 Holder; Purchase of Participation A-2 by the Participation A-1 Holder.
Purchase of Participation. (a) In consideration of Grantor’s sale, grant, conveyance and transfer to Participant of the Participation, Participant covenants and agrees to pay to Grantor, on the date hereof, by wire transfer of immediately available funds to an account designated by Grantor, the Purchase Price (as defined in the Stock Purchase Agreement). The Purchase Price shall be paid in United States dollars. For the avoidance of doubt, Participant hereby purchases, assumes and shall be responsible for the obligations and liabilities of Grantor relating to the Participation resulting from facts, events or circumstances arising or occurring on or after the date hereof, other than in respect of the Unfunded Commitments (as hereinafter defined). Participant shall not be responsible for any obligations or liabilities of Grantor that (i) result from facts, events or circumstances arising or occurring prior to the date hereof, (ii) result from Grantor’s breach of its representations, warranties, covenants, or agreements under this Agreement or the Credit Agreements (except to the extent any such breach results from a breach by Participant of its obligations hereunder), (iii) result from Grantor’s bad faith, gross negligence, or willful misconduct or (iv) are attributable to Grantor’s actions or obligations in any capacity other than as a Lender under the Credit Agreements. For purposes of this Agreement, “Unfunded Commitments” shall mean any unused Commitment (as defined in the applicable Credit Agreement) under each of the Credit Agreements on the date hereof as set forth on Schedule 1. (b) Grantor shall, promptly upon receipt of notice of a proposed advance (a “Funding Advance”) under any Credit Agreement, notify Participant of the facility under which such proposed Funding Advance has been requested, the date and amount of such Funding Advance as well as the Interest Period (as defined in the applicable Credit Agreement) selected by the applicable Borrower and the interest rate basis and rate applicable to the Participation pursuant this Agreement. Participant shall, on the date of such Funding Advance, pay to Grantor, by wire transfer in immediately available funds to an account designated by Grantor, cash in an amount equal to 100% of such Funding Advance in United States dollars; provided, however, that Participant shall have no obligation to pay any Funding Advance, except from funds on deposit in the Segregated Account or the Escrow Account (each as defined below). (c) Each of ...
Purchase of Participation. (a) You will, on or before ____ A.M. (New York City time) on [specify date], pay to us, at our office at ___________________________, _____________, _________________ (the “Payment Office”), as the purchase price for your Participation in the Loan(s) outstanding on the date hereof, an amount equal to the Purchased Interest (as defined in Section 1(b) below) of the aggregate principal amount of such Loans in [Currency] and in same day funds [plus accrued interest and fees to the Effective Date]. We will, promptly upon our receipt of this purchase price from you, send you a participation certificate, in substantially the form of Exhibit A, confirming and evidencing your Participation in the Loan(s) outstanding on the date hereof.
Purchase of Participation. Purchaser shall remit to Seller, through Borrower, upon receipt of this Agreement signed by Seller, funds equivalent to the principal amount of this participation..
