Common use of NOTICES OF PURCHASES Clause in Contracts

NOTICES OF PURCHASES. State Auto Financial shall give the Company notice of each purchase hereunder by delivering to the Company a Purchase Notice not less than four Business Days prior to the date of such purchase (the "Purchase Date"). Not later than 2:00 p.m. New York time on the Purchase Date specified for each such purchase, the Company shall make available the amount of the purchase price of the Class A Preferred Stock to be purchased by it by depositing in immediately available funds such purchase price in an account designated by State Auto Financial.

Appears in 3 contracts

Samples: Standby Purchase Agreement (State Auto Financial Corp), Standby Purchase Agreement (State Auto Financial Corp), Standby Purchase Agreement (State Auto Financial Corp)

AutoNDA by SimpleDocs

NOTICES OF PURCHASES. State Auto Financial shall give the Company notice of each purchase hereunder by delivering to the Company a Purchase Notice not less than four Business Days prior to the date of such purchase (the "Purchase DatePURCHASE DATE"). Not later than 2:00 p.m. New York time on the Purchase Date specified for each such purchase, the Company shall make available the amount of the purchase price of the Class A Preferred Stock to be purchased by it by depositing in immediately available funds such purchase price in an account designated by State Auto Financial.

Appears in 2 contracts

Samples: Standby Purchase Agreement (State Auto Financial Corp), Standby Purchase Agreement (State Auto Financial Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!