Common use of Default of Purchasers Clause in Contracts

Default of Purchasers. If any Purchaser or Purchasers default in their obligations to purchase Offered Securities hereunder and the aggregate principal amount of Offered Securities that such defaulting Purchaser or Purchasers agreed but failed to purchase does not exceed 10% of the total principal amount of Offered Securities, CSFBC may make arrangements satisfactory

Appears in 1 contract

Samples: Fiber Glass Systems Lp

AutoNDA by SimpleDocs

Default of Purchasers. If any Purchaser or Purchasers default in their obligations to purchase Offered Securities hereunder on the Closing Date and the aggregate principal amount of the Offered Securities that such defaulting Purchaser or Purchasers agreed but failed to purchase does not exceed 10% of the total principal amount of Offered Securities, CSFBC may make arrangements satisfactorysat-

Appears in 1 contract

Samples: Panamsat Corp /New/

Default of Purchasers. If any Purchaser or either of the Purchasers default defaults in their obligations its obligation to purchase Offered Securities hereunder and the aggregate principal amount of Offered Securities that such defaulting Purchaser or Purchasers agreed but failed to purchase does not exceed 10% of the total principal amount of Offered Securities, CSFBC may make arrangements satisfactorysatisfactory to the Company for the

Appears in 1 contract

Samples: Terex Corp

Default of Purchasers. If any Purchaser or Purchasers default in their obligations to purchase Offered Securities hereunder and the aggregate principal amount number of shares of Offered Securities that such defaulting Purchaser or Purchasers agreed but failed to purchase does not exceed 10% of the total principal amount number of shares of Offered Securities, CSFBC may make arrangements satisfactorysatisfactory to the Sellers for

Appears in 1 contract

Samples: Winstar Communications Inc

Default of Purchasers. If any Purchaser or Purchasers default in their obligations to purchase Offered Securities hereunder and the aggregate principal amount of Offered Securities that such defaulting Purchaser or Purchasers agreed but failed to purchase does not exceed 10% of the total principal amount of Offered Securities, CSFBC CSFB may make arrangements satisfactorysatisfactory to the Company for the purchase of such Offered Securities by other persons, including any of the Purchasers, but if no such arrangements are made by the Closing Date, the non-defaulting Purchasers shall be obligated severally, in

Appears in 1 contract

Samples: Purchase Agreement (True Temper Sports PRC Holdings Inc)

AutoNDA by SimpleDocs

Default of Purchasers. If any Purchaser or Purchasers default in their obligations to purchase Offered Securities hereunder and the aggregate principal amount of the Offered Securities that such defaulting Purchaser or Purchasers agreed but failed to purchase does not exceed 10% of the total principal amount of the Offered Securities, CSFBC may make arrangements satisfactorysatisfactory to the Company for the purchase of such Offered Securities by other persons, including any of the Purchasers,

Appears in 1 contract

Samples: MBS Multimode Inc

Default of Purchasers. If any Purchaser or Purchasers default in their obligations to purchase Offered Securities hereunder and the aggregate principal amount of the Offered Securities that such defaulting Purchaser or Purchasers agreed but failed to purchase does not exceed 10% of the total principal amount of the Offered Securities, CSFBC CSFB may make arrangements satisfactorysatisfactory to the Company

Appears in 1 contract

Samples: Calpine Corp

Default of Purchasers. If any Purchaser or Purchasers default in their obligations to purchase Offered Securities hereunder and the aggregate principal amount of Offered Securities that such defaulting Purchaser or Purchasers agreed but failed to purchase does not exceed 10% of the total principal amount of the Offered Securities, CSFBC may make arrangements satisfactorysatisfactory to the Company

Appears in 1 contract

Samples: Home Depot Inc

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