Agreement to Acquire. (a) Simultaneously with the delivery of this Lease Agreement the Issuer shall cause the Bond proceeds to be deposited in the Construction Fund. The Issuer shall cause the proceeds of the Bonds to be advanced to the User by withdrawal from the Construction Fund, in accordance with the requirements of the Indenture, for the payment of Project Costs at such times and in such amounts as shall be directed by the User. The proceeds of the Bonds shall be used solely for the payment of Project Costs as provided in the Indenture.
Agreement to Acquire. 9 SECTION 4.02 No Warranty of Suitability of Issuer.................10 SECTION 4.03 Pursuit of Remedies Against Vendors, Contractors and Subcontractors and Their Sureties................10 SECTION 4.04 Completion of the Project............................11
Agreement to Acquire. The Seller agrees to convey, and the Purchaser agrees to acquire, the Mortgage Loans identified on Mortgage Loan Schedule, as such Mortgage Loan Schedule may be amended to reflect the actual Mortgage Loans accepted by the Purchaser pursuant to the terms hereof. The conveyance of the Mortgage Loans shall take place on the Closing Date. The consideration for the Mortgage Loans conveyed pursuant to this Agreement shall be specified on Exhibit B annexed hereto, which consideration shall be exchanged on or prior to the Closing Date.
Agreement to Acquire. At the Effective Time, and upon the terms and subject to the conditions of this Agreement and the applicable provisions of the OGCA, Acquisition Sub shall purchase all of the Acquired Shares. On the Closing Date, Acquisition Sub and the Company shall cause the Acquisition to be consummated by executing and filing a certificate of acquisition (the “Certificate of Acquisition”) in accordance with Section 1090.1 of the OGCA and other Applicable Law. The “Effective Time” shall be at such time as the Certificate of Acquisition, accompanied by payment of the filing fee (as provided in the OGCA), has been examined by, and received the endorsed approval of, the Secretary of State of the State of Oklahoma, or at such subsequent time as Buyer and the Company shall agree and shall specify in the Certificate of Acquisition.
Agreement to Acquire. Upon the terms and conditions herein set forth, at the Closing, AutoC agrees to accept the Autocarbon LTD Shares and to issue to the Shareholders, in exchange for the Autocarbon LTD Shares, solely shares of AutoC common stock, $.0001 par value per share ("AutoC Common Stock").
Agreement to Acquire. On the Closing Date, Xxxxx shall accept the Assets and the Note and execute and deliver to Database such instrument evidencing the discharge of the Indebtedness as Database shall reasonably request.
Agreement to Acquire. At the Closing, NAAC shall acquire from WWWX, upon the terms and subject to the conditions of this Agreement and in reliance upon the representations and warranties of WWWX in this Agreement and in the Exhibits and Schedules hereto, the Purchased Assets and, as consideration therefor, shall pay to WWWX the Purchase Price (hereinaf ter defined).
Agreement to Acquire. 7 Article 2- Terms of Exchange
Agreement to Acquire. Subject to the terms and conditions herein set forth, at the Initial Closing and at the Final Closing, East Coast agrees to accept the Psy-Ed Common Shares and to issue to the Selling Psy-Ed Stockholders, in exchange for their Psy-Ed Common Shares, shares of East Coast common stock, $.0001 par value per share ("East Coast Common Stock") according to the following two stages: (i) East Coast shall offer East Coast Common Stock to the Selling Psy-Ed Stockholders until the Psy-Ed Common Shares delivered to East Coast represent no less than fifty-one (51%) percent of the total combined voting power of all classes of Psy-Ed capital stock outstanding, at which time, the parties shall hold an Initial Closing, and; (ii) following the Initial Closing, East Coast shall continue on a best efforts basis to offer East Coast Common Stock to the Selling Psy-Ed Stockholders until either the aggregate amount of Psy-Ed Common Shares delivered to East Coast represent at least eighty (80%) percent of the total combined voting power of all classes of Psy-Ed capital stock outstanding and eighty (80%) percent of the total number of all classes of Psy-Ed capital stock outstanding in order that the Exchange qualifies as a tax free reorganization under Section 368 of the Code, or until the scheduled Final Closing. The purpose and intent of East Coast and Psy-Ed in structuring the Exchange transaction contemplated in this Agreement in two stages is to first facilitate the consummation of the reverse merger of Psy-Ed with East Coast as a 51% owned subsidiary of East Coast.
Agreement to Acquire. (a) The Project Site has been acquired by the Issuer in accordance with the instructions of the Lessee and is described in Exhibit A to this Lease Agreement. The Improvements are to be constructed and installed on the Project Site. The personal property and fixtures to be acquired and installed as part of the Project are described in Exhibit B to this Lease Agreement. The Improvements and the Equipment shall be constructed and installed on the Project Site.
