Purchase Excess Clause Samples

The Purchase Excess clause defines the terms under which a buyer may acquire quantities of goods or services that exceed the originally agreed-upon amount in a contract. Typically, this clause outlines the conditions, pricing, and notification requirements for purchasing additional units beyond the initial order, ensuring both parties understand how excess purchases are handled. Its core function is to provide a clear mechanism for managing and pricing unexpected increases in demand, thereby preventing disputes and ensuring supply continuity.
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. (New York time) on the immediately succeeding Business Day.
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Purchase Excess. After completion of the disbursements --------------- specified in Subsections 6.03(a), (b) and (c), the Operating Agent shall notify the Seller of any remaining Purchase Excess, and the Seller shall deposit the amount of such Purchase Excess remaining in the Collection Account by 11:30 a.m. on the following Business Day.
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Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify MRFC and the Master Servicer or Successor Servicer, as applicable, of any Purchase Excess on such day, and MRFC shall deposit the amount of such Purchase Excess in the Collection Account by 3:00 p.m. (New York time) on the following Business Day.
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Related to Purchase Excess

  • Reduction in Purchase Price Anything in this Section 11 to the contrary notwithstanding, the Company shall be entitled to make such reductions in the Purchase Price, in addition to those adjustments expressly required by this Section 11, as and to the extent that it in its sole discretion shall determine to be advisable in order that any consolidation or subdivision of the Preferred Shares, issuance wholly for cash of any of the Preferred Shares at less than the current market price, issuance wholly for cash of Preferred Shares or securities which by their terms are convertible into or exchangeable for Preferred Shares, dividends on Preferred Shares payable in Preferred Shares or issuance of rights, options or warrants referred to hereinabove in this Section 11, hereafter made by the Company to holders of its Preferred Shares shall not be taxable to such stockholders.

  • Base Purchase Price Buyer agrees to pay for the Assets the total sum of Thirty Million and No/100 Dollars ($30,000,000.00) (“Base Purchase Price”) to be paid by direct bank deposit or wire transfer in same day funds at the Closing, subject only to the price adjustments set forth in this Agreement.

  • Aggregate Purchase Price The aggregate purchase price for the Notes (the “Aggregate Purchase Price”) shall equal the result of (x) divided by (y), where (x) equals the Aggregate Principal Amount and (y) equals 1.25. Each date upon which a Closing occurs is a “Closing Date”.

  • Reasonable Purchase Price The consideration received by the Seller upon the sale of the Mortgage Loans under this Agreement constitutes fair consideration and reasonably equivalent value for the Mortgage Loans.

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).