Common use of SALE AND PURCHASE OF NOTES Clause in Contracts

SALE AND PURCHASE OF NOTES. Subject to the terms and conditions of this Agreement, the Issuer will issue and sell to each Initial Purchaser and each Initial Purchaser will purchase from the Issuer, at the Closing provided for in Section 3, Notes in the principal amount specified opposite such Initial Purchaser’s name in Schedule B at the purchase price of 100% of the principal amount thereof. The Initial Purchasers’ obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non-performance of any obligation by any other Purchaser hereunder.

Appears in 2 contracts

Samples: Subsidiary Guaranty Agreement (Rexford Industrial Realty, Inc.), Purchase and Guarantee Agreement (Rexford Industrial Realty, Inc.)

AutoNDA by SimpleDocs

SALE AND PURCHASE OF NOTES. Subject to the terms and conditions of this Agreement, the Issuer will issue and sell to each Initial Purchaser Noteholder and each Initial Purchaser Noteholder will purchase from the Issuer, at the Closing provided for in Section 3, Notes in the principal amount specified opposite such Initial PurchaserNoteholder’s name in Schedule B A at the purchase price of 100% of the principal amount thereof. The thereof Each Initial Purchasers’ Noteholder’s obligations hereunder are several and not joint obligations and no Purchaser Initial Noteholder shall have any obligation or liability to any Person for the performance or non-performance of any obligation by any other Purchaser Noteholder hereunder.

Appears in 1 contract

Samples: Note Purchase Agreement (Tc Pipelines Lp)

SALE AND PURCHASE OF NOTES. Subject to the terms and conditions of this Agreement, the Issuer will issue and sell to each Initial Purchaser and each Initial Purchaser will purchase from the Issuer, at the Closing as provided for in Section 3, Notes in the principal amount and in the Series specified opposite such Initial Purchaser’s name in Schedule B at the purchase price of 100% of the principal amount thereof. The Initial Purchasers’ obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non-performance nonperformance of any obligation by any other Purchaser hereunder.

Appears in 1 contract

Samples: Note Purchase Agreement (STAG Industrial, Inc.)

AutoNDA by SimpleDocs

SALE AND PURCHASE OF NOTES. Subject to the terms and conditions of this Agreement, the Issuer will issue and sell to each Initial Purchaser and each Initial Purchaser will purchase from the Issuer, at the Closing provided for in Section 3, Notes in the principal amount and of the series specified opposite such Initial Purchaser’s name in Schedule B at the purchase price of 100% of the principal amount thereof. The Initial Purchasers’ obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non-performance of any obligation by any other Purchaser hereunder.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Rexford Industrial Realty, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.