Purchase and Sale Terms. Section 2.1. Purchase and Sale Section 2.2. Payment Section 2.3. Transfer Legends and Restrictions
Purchase and Sale Terms. The Purchase and Sale Terms, set out on the front page of the Agreement and initialed by Merchant and Guarantor, form a part of this Agreement and are further described below. The “Purchase Price” is the gross dollar amount Purchaser is paying for Merchant’s Receivables (defined in subparagraph (c) below). The “Amount Sold” is the dollar value of the Receivables sold to Purchaser and the dollar amount to be remitted to Purchaser out of your Receivables, as provided herein. The “Purchased Percentage” is the percentage of Receivables that Purchaser will receive on the periodic basis specified on the front page of the Agreement, until the Amount Sold (plus any additional fees and charges incurred under this Agreement) has been delivered to Purchaser. The “Periodic Amount” is the amount the parties have (i) estimated as the average periodic Purchased Percentage amount and (ii) agreed that, for administrative convenience, other than for credit card split deals (as evidenced by a separate writing (including email) between Merchant and Purchaser), you will remit to Purchaser on the periodic basis specified on the front page of the Agreement, subject to your right to request a reconciliation against your actual Receivables, as set forth in Section 5. The “Funded Amount” is the amount you will receive upon funding of this Agreement, and is equal to the Purchase Price, less total Fees (which fees are set forth on the front page of this Agreement and specified in Section 3(a)).
Purchase and Sale Terms. 6 Section 2.1. Purchase and Sale..............................................................................6 Section 2.2. Payment........................................................................................6
Purchase and Sale Terms. The following additional terms and conditions, including terms and conditions of purchase and sale, shall govern the respective rights and obligations of the Parties under this Agreement and the conveyance of each Group of Purchased UI Assets (as defined below) by CL&P to UI. Initially capitalized terms used and not defined in these Purchase and Sale Terms shall have the meanings ascribed to such terms in Section 1(a) of this Agreement.
Purchase and Sale Terms. HIDDEN TEXTPurchase and Sale. Subject to the terms of this Agreement, the Company shall issue and sell to the Investors and each Investor shall purchase from the Company at the Closing the number of shares of Convertible Preferred Stock at the aggregate purchase price set forth opposite its name in Exhibit 2.1. The obligation of each Investor to purchase is several and not joint.
Purchase and Sale Terms. 7 Section 2.1. Purchase and Sale; Purchase Price...................7 Section 2.2. The Merger..........................................7 Section 2.3. The Closing.........................................7 Section 2.4. Payment and Delivery................................7 Section 2.5. Restrictive Legend..................................8 Section 2.6. Use of Proceeds.....................................8
Purchase and Sale Terms. The City shall purchase the Property from Seller and Seller shall sell the Property to the City on the following terms and conditions:
Purchase and Sale Terms. Subject to the terms contained herein, Rimfire agrees to purchase and pay for and Mirko agrees to sell to Rimfire the Mirko Interest for the Purchase Price (as hereinafter defined).
Purchase and Sale Terms. 3 Section 2.01. Purchase and Sale............................................................................3 Section 2.02. Closing......................................................................................3 Section 2.03. Payment......................................................................................3 Section 2.04. Transfer Legends and Restrictions............................................................4 Article III REPRESENTATIONS AND WARRANTIES OF THE COMPANY.........................................................5 Section 3.01. Organization of the Company..................................................................5 Section 3.02. Company Capital Structure....................................................................5 Section 3.03. Authority....................................................................................6 Section 3.04. Valid Issuance of Warrants and Common Stock..................................................6 Section 3.05. No Conflict..................................................................................6 Section 3.06. Securities Laws..............................................................................6 Section 3.07. SEC Filings..................................................................................7 Section 3.08. Subsequent Events............................................................................7 Section 3.09. Brokers, etc.................................................................................7
