Purchaser I definition

Purchaser I has adequate means of providing for his current needs and possible personal contingencies, and he has no need for liquidity of his investment in the Company; (ii) has a net worth sufficient to bear the risk of losing his entire investment; (iii) can bear the economic risk of losing his entire investment herein; and (iv) does not have an overall commitment to non-readily marketable investments which is disproportionate to his net worth and the investment subscribed for herein will not cause such overall commitment to become excessive.
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Purchaser I has the meaning set forth in the recitals.
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Purchaser I shall have the meaning set forth in the preamble.
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Examples of Purchaser I in a sentence

  • All of the above conditions can be waived by Purchaser I in writing in its sole discretion, except for conditions numbered (iii), (iv), (vi) and (vii), which cannot be waived.

  • The Purchaser I the Government of the Republic of Kenya(hereinafter referred to as the Beneficiary) has applied for I obtained financing from BADEA and SBF(hereinafter referred to as the financing institution(s))for the Project and part of such financing will be applied towards meeting the cost of the Goods.

  • Danger of damage/all risks (including a risk of accidental loss or damage of the Product) shall be transferred to the Purchaser (I) from the moment of handing over and/or acceptance of the Product b the Purchaser, or (II) from the moment when the Purchase is allowed to use the Product, but the Purchaser, who was obliged to accept the product, does not accept it due to the reason which the Seller is not responsible for.

  • He is also the managing director and an executive director of ITCP, being the sole shareholder of Purchaser I.

  • The Vendor shall further pay a sum of HK$32 million to Purchaser I only for agreed liquidated damages under the terms of SPA I.

  • Should Vendor B fail to complete the maintenance work within a reasonable time upon notification by Purchaser I, Purchaser I shall have the right to engage third party for maintenance and the cost incurred therefrom shall be deducted from the maintenance guarantee.

  • All necessary registrations required for the Second Equity Transfer under the Sale and Purchase Agreement shall be completed within thirty (30) business days after the Second Completion, as a result of which, the Target Company will be owned as to approximately 79.2%, 19.8% and 1% by Purchaser I, Purchaser II and the Remaining Shareholder, respectively.

  • After the warranty period, Vendor B can charge Purchaser I for the labour and transportation cost and cost of parts in respect of the maintenance work to be performed.

  • Aside from there being no fraudulent concealment on the part of the Purchaser, I am also unpersuaded that [E]’s evidence, as set out in his affidavit, and the internal documents of the Purchaser showing its subjective views, could have made an impact on the Tribunal’s decision in favour of the Purchaser.

  • As a Wholesale Purchaser, I am also an Authorized Distributor of Inscape Publishing products, and I understand that my authorization to distribute these products is restricted to end user customers in the Training and Development Market with whom my primary relationship is or has been as a provider of fee-based services (training, coaching, consulting, speaking, etc.) which create value incremental to that of the Inscape Publishing products themselves.


More Definitions of Purchaser I

Purchaser I has adequate means of providing for its current needs and possible contingencies, (ii) has no need for liquidity in its investment, (iii) is able to bear the economic risks of such investment, and (iv) at the present time, can afford a complete loss of such investment.
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Purchaser I. Xx Xxxx Investment Management Limited, a company incorporated in Hong Kong with limited liability, a wholly-owned subsidiary of Allied Group Limited (“AGL”) whose shares are listed on the Main Board of the Stock Exchange (Stock Code: 373) “Purchaser II” Attractive Gain Limited, a company incorporated in Hong Kong with limited liability, a wholly-owned subsidiary of Allied Overseas Limited (“AOL”) whose securities are listed on the Main Board of the Stock Exchange (Stock Code: 593)
Sample 1
Purchaser I has the meaning set forth in the definition of Trust Preferred Securities.
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Purchaser I and “Purchaser II” shall hereinafter collectively be referred to as “Purchasers”
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Purchaser I hall indemnify and hold Seller hannless from any liens arising out of Purchaser's entry and inspection. (b) Purchaser shall have the right to unilaterally tem1inate this Agreement at any time for any reason prior to the end of the Feasibility Period. Upon such termination, the Deposit shall be returned to Purchaser and thereupon neither party shall have any further rights or obligations to the other hereunder, other than such rights and obligations that are expressly stated herein to survive the termination of this Agreement. 7.
Sample 1

Related to Purchaser I

  • Purchaser Interest means, at any time, an undivided percentage ownership interest (computed as set forth below) associated with a designated amount of Capital, selected pursuant to the terms and conditions hereof in (i) each Receivable arising prior to the time of the most recent computation or recomputation of such undivided interest, (ii) all Related Security with respect to each such Receivable, and (iii) all Collections with respect to, and other proceeds of, each such Receivable. Each such undivided percentage interest shall equal: C / (NRB - AR) where: C = the Capital of such Purchaser Interest. NRB = the Net Receivables Balance. AR = the Aggregate Reserves. Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the Amortization Date, each Purchaser Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. The variable percentage represented by any Purchaser Interest as computed (or deemed recomputed) as of the close of the business day immediately preceding the Amortization Date shall remain constant at all times thereafter.

  • Purchaser/ User means ultimate recipient of goods and services

  • Purchaser Group means, at any time, the group of companies comprised of the Purchasers, the Guarantor and the Guarantor’s subsidiaries at that time.

  • Purchaser means the organization purchasing the goods.

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Buyer Initial s/ PL Purchase Agreement for Tractor Supply-Maryville, TN Buyer shall be allowed five (5) days after receipt of said commitment for examination and the making of any objections to marketability thereto, said objections to be made in writing or deemed waived. If any objections are so made, the Seller shall be allowed eighty (80) days to make such title marketable or in the alternative to obtain a commitment for insurable title insuring over Buyer's objections. If Seller shall decide to make no efforts to make title marketable, or is unable to make title marketable or obtain insurable title, (after execution by Buyer of such documents reasonably requested by Seller to evidence the termination hereof) Buyer's First Payment shall be returned and this Agreement shall be null and void and of no further force and effect. Seller has no obligation to spend any funds or make any effort to satisfy Buyer's objections, if any. Pending satisfaction of Buyer's objections, the payments hereunder required shall be postponed, but upon satisfaction of Buyer's objections and within ten (10) days after written notice of satisfaction of Buyer's objections to the Buyer, the parties shall perform this Agreement according to its terms.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Buyer has the meaning set forth in the preamble.

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • Receivables Purchase Price means $1,652,997,849.97.

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Purchased Student Loan means a Financed Student Loan purchased as of the close of business on the last day of a Monthly Collection Period or Collection Period, as applicable, by the Servicer pursuant to Section 3.05 of the Servicing Agreement or repurchased by the Seller pursuant to Section 3.02 of the Loan Sale Agreement.

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Purchaser Parent has the meaning set forth in the preamble to this Agreement.

  • Seller has the meaning set forth in the Preamble.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Model 4 seller means a seller that is registered under the agreement and is not a model 1 seller, model 2 seller, or model 3 seller.