Common use of Notice of Purchase Clause in Contracts

Notice of Purchase. Each Purchase from Seller shall be made by the Purchasers upon notice from Seller to the Administrator received by the Administrator not later than 2:00 P.M. (Denver, Colorado time) on the Business Day next preceding the Business Day of such proposed Purchase (the "Purchase Date"). Each such notice of a proposed Purchase shall be substantially in the form of Exhibit 1.2(a) (each a "Purchase Notice"), and shall specify the desired amount of, and Purchase Date for, such Purchase; provided, that Seller may give only one (1) Purchase Notice during any 7-day period, and such Purchase Notice must specify a Purchase amount of at least $1,000,000, or an integral multiple of $100,000 in excess thereof.

Notice of Purchase. Each Purchase from Seller shall be made by the Purchasers upon notice from Seller to the Administrator received by the Administrator not later than 2:00 P.M. (Denver, Colorado time) on the Business Day next preceding the Business Day of such proposed Purchase (the "“Purchase Date"”). Each such notice of a proposed Purchase shall be substantially in the form of Exhibit 1.2(a) (each a "“Purchase Notice"”), and shall specify the desired amount of, and Purchase Date for, such Purchase; provided, that Seller may give only one (1) Purchase Notice during any 7-day period, and such Purchase Notice must specify a Purchase amount of at least $1,000,000, or an integral multiple of $100,000 in excess thereof.