We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Method of Purchasing Sample Clauses

Method of Purchasing. 4 SECTION 2.03.
Method of PurchasingPursuant to an Optional Tender, Beneficial Owners may elect to tender their VRDP Shares (in denominations of $100,000 and integral multiples thereof) for purchase at the Purchase Price on the Purchase Date designated in the Notice of Tender (or if such day is not a Business Day, on the next succeeding Business Day) by a proper delivery of a Notice of Tender to the Tender and Paying Agent. Each Notice of Tender will be irrevocable (except as described below) and effective upon receipt and shall:
Method of Purchasing. (a) Pursuant to the Authorizing Document and Section 2.02(b) herein, the Trustee will give notice to the Corporation if Variable Rate Bonds bearing interest at a Variable Rate are to be purchased by the Corporation in accordance with the terms of this Agreement and the Authorizing Document.
Method of PurchasingPursuant to Section 9.3(i) of the Trust Agreement, the Tender Agent will give notice to the Bank as provided below if, on any Purchase Date, Unremarketed Certificates are to be purchased by the Bank pursuant to this Section. If on any Purchase Date the Bank receives not later than 11:30 A.M. (New York City time) a telephonic notice, confirmed in writing, from the Tender Agent, pursuant to Section 9.3(i) of the Trust Agreement (such notice to be referred to as a "Notice of Bank Purchase"), specifying (i) that Unremarketed Certificates are to be purchased by the Bank on such Purchase Date pursuant to this Section, (ii) the aggregate Purchase Price of such Unremarketed Certificates and (iii) the amount of such aggregate Purchase Price comprising principal and interest, respectively, the Bank will, unless it determines that any of the applicable conditions specified in Section 3.01 are not satisfied, transfer not later than 2:30 P.M. (New York City time) on such Purchase Date to the Tender Agent in immediately available funds, an amount equal to the aggregate Purchase Price of such Unremarketed Certificates for deposit into the "Purchase Account" (the "Purchase Account") within the "Purchase and Remarketing Fund" established pursuant to Section 9.6 of the Trust Agreement. For purposes of determining compliance with the preceding sentence, payment shall be deemed transferred when the Bank has delivered (or has caused to be delivered) appropriate wire transfer instructions to an appropriate Federal Reserve Bank and has received an appropriate acknowledgment of such instructions from such Federal Reserve Bank. A Notice of Bank Purchase shall be irrevocable after receipt thereof by the Bank. The Bank (in its capacity as purchaser of Certificates pursuant to this Agreement) shall have no responsibility for, or incur any liability in respect of, any act, or any failure to act, by the Tender Agent which results in the failure of the Tender Agent (x) to credit the Purchase Account with funds made available to the Tender Agent by the Bank pursuant to this Section or (y) to effect the purchase of Certificates with such funds pursuant to this Section and Sections 9.3(b)(ii) and 9.3(g) of the Trust Agreement. Certificates purchased pursuant to this Section 2.02 shall be promptly transferred by book-entry to the Bank's participant account at DTC (or, if the Certificates are no longer held in book-entry only form at DTC, shall be promptly registered in the name of the Bank ...
Method of Purchasing. (a) Pursuant to Section of the Authorizing Document, the Trustee will give notice to the Corporation, the Issuer and the Tender Agent of the principal amount of Variable Rate Bonds for which it has arranged a remarketing. Pursuant to the Authorizing Document and Section 2.02(b) herein below, the Tender Agent will give notice to the Corporation if Variable Rate Bonds bearing interest at a Variable Rate are to be purchased by the Corporation due to the unavailability of remarketing proceeds for such purchase. (b) If by 11:30 p.m. (New York City time) on any Business Day during the Purchase Period the Corporation receives a notice of purchase from the Tender Agent substantially in the form of Exhibit 1 hereto (any such notice to be referred to as a "Notice of Purchase"), the Corporation will pay, unless it determines that any applicable condition specified in Section 3.02 below is not satisfied, not later than 2:30 p.m. (New York City time) on the Purchase Date to the Tender Agent, in funds to be available as specified in such Notice of Purchase, an amount equal to the aggregate Purchase Price. (c) The Corporation shall not have any responsibility for, or incur any liability in respect of, any act, or any failure to act, by the Tender Agent which results in the failure of the Tender Agent (x) to credit the appropriate account with funds made available by the Corporation pursuant to this Section or (y) to effect the purchase for the account of the Corporation of Variable Rate Bonds with such funds pursuant to this Section.
Method of Purchasing. (a) Pursuant to the Authorizing -------------------- Document, the Tender Agent will give notice to the Corporation as provided in subsection (b) below if Bonds bearing interest at a Variable Rate (and not defeased) are to be purchased by the Corporation due to the inability of the Remarketing Agent to remarket such Bonds. (b) If by 11:30 a.m. (New York City time) on any Business Day during the Purchase Period the Corporation receives a notice of purchase from the Tender Agent substantially in the form of Exhibit B hereto, (any such notice to be referred to as a "Notice of Purchase"), the Corporation will pay, unless it determines that any applicable condition specified in Section 3.02 below is not satisfied, not later than 2:30 p.m. (New York City time) on the Purchase Date to the Tender Agent, in funds to be available as specified in such Notice of Purchase, an amount equal to the aggregate Purchase Price. (c) The Corporation shall not have any responsibility for, or incur any liability in respect of, any act, or any failure to act, by the Tender Agent which results in the failure of the Tender Agent (x) to credit the appropriate account with funds made available by the Corporation pursuant to this Section or (y) to effect the purchase for the account of the Corporation of Bonds with such funds pursuant to this Section.
Method of Purchasing. {TC} (a) Pursuant to the Authorizing Document and Section 2.02(b) herein, the Trustee will give notice to the Corporation if Variable Rate Bonds bearing interest at a Variable Rate are to be purchased by the Corporation in accordance with the terms of this Agreement and the Authorizing Document.
Method of Purchasing. Holding and Selling Stock of the Company. ----------------------------------------------------------------- The Trustees may purchase Stock from the Company or from any stockholder of the Company, in either case at a price not in excess of the fair market value of such Stock at the time of purchase. The fair market value of any shares of Stock shall be subject to final determination by the Trustees; and shall for all purposes of the Plan be based upon the value of such Stock as determined by an independent appraiser (within the meaning of Section 401(a)(28) of the Code) as of an Allocation Date. The Trustees may keep the Stock and any other securities or other property of the Trust in the name of some other person, firm or corporation or in their own names without disclosing their fiduciary capacity. The Trustees may purchase or sell at public auction or by private contract, redeem, or otherwise realize upon such Stock, securities, or other property and for such purposes may execute such instruments and writings and do such things as they shall deem proper.
Method of Purchasing. On any Maturity Date, pursuant to the Remarketing Agreement the Remarketing Agent shall be required to give to the Bank a telephonic notice not later than noon (local time in New York City) confirmed promptly in writing (such notice to be referred to as a "Notice of Bank Purchase"), specifying (i) that Series A Trust Certificates are to be purchased by the Bank on such Maturity Date pursuant to this Section (a "Purchase"), and (ii) the aggregate Purchase Price of such Class A Trust Certificates. Each Purchase shall be on a Maturity Date. The Bank agrees to make the Purchase Price available to the Remarketing Agent at the office of the Remarketing Agent designated for such purpose in the Remarketing Agreement in immediately available funds prior to the time that the Fed Wire System closes on the Purchase Date, subject to the conditions precedent set forth in Section 3.01. Any provision herein to the contrary notwithstanding, the Bank (in its capacity as purchaser of Class A Trust Certificates pursuant to this Agreement) shall not have any responsibility for, or incur any liability in respect of, any act, or any failure to act, by the Remarketing Agent which results in the failure of the Remarketing Agent to effect the purchase for the account of the Bank of Class A Trust Certificates with such funds pursuant to this Section. The Remarketing Agent shall take such actions as are necessary to reflect the ownership of BLB in all of such Trust Certificates on the books and records of the Remarketing Agent.
Method of Purchasing. 10 SECTION 2.03. Termination or Reduction of Available Commitment. 11 SECTION 2.04. Sale by the Bank of Certificates................. 12 SECTION 2.05.