Procedures for Purchases. The procedures relating to all orders and the handling of them shall be made in accordance with the procedures set forth in each Fund’s Prospectus, and to the extent consistent with the Prospectus, written instructions forwarded to Dealer by Quasar from time to time. Dealer shall be permitted to accept orders for the purchase, exchange or redemption of Shares of the Funds on each business day that the New York Stock Exchange is open for business and a Fund’s net asset value is determined (“Business Day”). Dealer shall not be required to accept orders on any Business Day on which Dealer is not open for business. If orders are accepted by Dealer prior to the latest time at which a Fund’s net asset value is to be calculated as determined by its Board of Directors/Trustees, which is typically as of the close of the New York Stock Exchange on that Business Day (“Close of Trading”), such orders shall be treated as having been received on that Business Day. If such orders are received after Close of Trading on a Business Day, they shall not be treated as having been accepted by Dealer on such Business Day. All purchase orders shall be placed at, and in accordance with the applicable discount schedules set forth in the Fund’s then current prospectus ( “Breakpoints”).
Procedures for Purchases. The procedures relating to all orders and the handling of them shall be made in accordance with the procedures set forth in each Fund's Prospectus, and to the extent consistent with the Prospectus, written instructions forwarded to Dealer by Quasar from time to time.
Procedures for Purchases. (a) No later than 10:00 a.m. (Chicago, Illinois time) on a date which is at least five (5) Business Days before any intended Purchase Date, the Seller will deliver or cause to be delivered to the Purchaser a Request Notice substantially in the form of EXHIBIT A hereto; provided, however, if the Purchase relates to Receivables and related Assets which are financed through a source other than the Warehouse Facility, such Request Notice shall be provided at least ten (10) Business Days prior to the intended Purchase Date. In the event that the Seller does not provide a properly completed Request Notice (and subject to all other terms and conditions to such Purchase hereunder), the Purchaser will not be obligated to purchase Eligible Receivables on such intended Purchase Date until such time as such terms and conditions are met. Each such Request Notice shall specify, among other things, (i) the aggregate amount of such Purchase, which shall be in a minimum amount equal to $10,000,000, or such lesser amount as may be equal to the then unused portion of the Purchase Limit, (ii) the intended Purchase Date for such Purchase, and (iii) the aggregate Capital Payout, Capital outstanding, and the Capital Limit, both immediately preceding and after giving effect to such Purchase.
(b) On each Purchase Date, and subject to the satisfaction of the conditions of Article IV, the Servicer will prepare and deliver an Assignment to the Seller and Purchaser in the form of EXHIBIT H hereto with respect to the Purchased Receivables being purchased on such Purchase Date by the Purchaser. The Seller shall thereupon execute such Assignment and deliver executed copies thereof to the Servicer who will in turn cause a fully executed copy of such Assignment to be delivered to the Purchaser and the Custodian. The Purchaser shall thereupon pay to the Seller for such Purchased Receivables the Cash Purchase Price, by wire transfer in same day funds in accordance with the wire transfer instructions specified in the related Request Notice. The Seller shall be solely responsible for obtaining ownership of the Purchased Receivables from the Originator, pursuant to the Sale and Contribution Agreement, prior to transfer of ownership of such Purchased Receivables to the Purchaser under this Agreement.
Procedures for Purchases. The procedures relating to all orders and the handling of them shall be made in accordance with the procedures set forth in each Fund's Prospectus, and to the extent consistent with the Prospectus, written instructions forwarded to Broker-Dealer by RCM from time to time.
Procedures for Purchases. Broker-Dealer shall be permitted to accept orders for the purchase of Shares of a Fund on each business day that the New York Stock Exchange is open for business and the Fund's net asset value is determined ("Business Day"). The procedures relating to all orders and the handling of them shall be made in accordance with the procedures set forth in each Fund's Prospectus, and to the extent consistent with the Prospectus, written instructions forwarded to Broker-Dealer by RCM from time to time.
Procedures for Purchases. 4 Section 2.3 ESTABLISHMENT OF ACCOUNTS; RESERVE ACCOUNT.............................................5 Section 2.4 [OMITTED]..............................................................................6 Section 2.5 DEPOSITS TO ACCOUNTS...................................................................6 Section 2.6
Procedures for Purchases. The following procedures shall apply to any purchase by Lessee of the Property subject to this Lease pursuant to any provision of Section 14, 17, 21 or 29 hereof:
Procedures for Purchases. 5 SECTION 2.3. ESTABLISHMENT OF ACCOUNTS; RESERVE ACCOUNT...........................................6 SECTION 2.4. DEPOSITS TO ACCOUNTS.................................................................7 SECTION 2.5. INVESTMENT OF ACCOUNTS...............................................................7 SECTION 2.6. PAYMENTS AND COMPUTATIONS; FUNDING INDEMNITY FOR FAILED PURCHASE.....................7 SECTION 2.7. ADDITION/SUBSTITUTION OF RECEIVABLES.................................................8 SECTION 2.8. EXTENSION OF PURCHASE PERIOD; INCREASE IN COMMITMENT................................10 SECTION 2.9.
Procedures for Purchases. The following procedures shall apply to any purchase by Lessee of the Property subject to this Lease pursuant to any provision of this Lease:
(i) the Lessee shall pay to the Agent for the account of the Lessors by wire transfer of immediately available funds an amount equal to (I) the Lease Investment Balance and all other amounts then due under the Lease Documents (including, without limitation, any Taxes resulting from such purchase, provided that the Lessee shall have not first furnished the Agent (for the benefit of the Lessors) a certificate evidencing an exemption available to the Agent from such Taxes), plus (II) any Base Rent and Additional Base Rent accrued and unpaid, plus (III) any other amounts due under the Lease Documents, MINUS (IV) if, at such time any insurance proceeds are being held by the Agent with respect to any Property pursuant to Section 17 hereof, the amount of such insurance proceeds then held by the Agent (including the net earnings thereon), which insurance proceeds (and net earnings) a) shall (but not in excess of the total of the amounts referred to in clauses (I) and (II) of this paragraph) no longer be subject to the provisions of Section 17 hereof and shall be deemed to be part of the purchase price paid by the Lessee, and b) to the extent any such insurance proceeds remain in the possession of Agent after being applied to part of the purchase price as described in the preceding clause "a)", the excess shall be forthwith delivered to Lessee; and MINUS
Procedures for Purchases
