Purchase Limits. Subject to the terms and conditions hereof, from the date hereof until the earlier of (i) the Expiration Date and (ii) the reduction of the Liberty Maximum Net Investment or the Gotham Maximum Net Investment, as the case may be, to zero pursuant to Section 2.03 hereof, the Seller may at its option sell to a Buyer, and such Buyer agrees to purchase from the Seller (such agreement being referred to herein as the “Purchase Obligation”) undivided percentage ownership interests in the Receivables Pool by purchasing a Participation Interest in such Receivables Pool. Subject to the terms and conditions hereof, such Buyer shall also (i) make Reinvestments by permitting the Servicer to cause Collections allocated to such Buyer to be applied to the purchase of additional undivided percentage ownership interests in the Receivables Pool, and (ii) increase the Liberty Net Investment or the Gotham Net Investment, as the case may be, in the applicable Participation Interest on any Settlement Date, or as otherwise set forth herein, at the request of the Seller (without regard to a minimum amount). A Buyer shall not purchase a Participation Interest on the Closing Date, or permit a Reinvestment to be made on any day, or increase the Liberty Net Investment or the Gotham Net Investment, as the case may be, to the extent that the amount of such purchase, Reinvestment or increase shall exceed the applicable Purchase Availability Amount, or shall cause the Aggregate Buyer’s Allocations (after giving effect to such purchase, Reinvestment or increase) to exceed 100%. Neither Liberty nor Gotham shall be obligated to increase the Liberty Maximum Net Investment or the Gotham Maximum Net Investment, as the case may be. A Buyer shall not purchase a Participation Interest, make a Reinvestment, or increase the Liberty Net Investment or the Gotham Net Investment, as the case may be, if such Buyer cannot issue its commercial paper notes or short-term promissory notes or otherwise borrow in order to fund the Purchase Price of such Participation Interest, such Reinvestment or such increase, or make any such purchase, Reinvestment or increase on any Settlement Date at or after the earlier to occur of (i) the Expiration Date, and (ii) the reduction of the Aggregate Maximum Net Investment to zero pursuant to Section 2.03 hereof. So long as no Termination Event or Potential Termination Event shall have occurred and be continuing, a Buyer shall make timely annual requests for renewal of its Liqu...
Purchase Limits. Customer agrees to ship all Service Supplier purchase orders in full. Customer has the right to question any orders that exceed 150% of Service Supplier’s Average Weekly Movement and has the right to cancel any quantities that Service Supplier is not able to provide reasonable justifications and/or explanations.
Purchase Limits. Buyer shall purchase from Seller a minimum of ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** units of washing machines and a maximum of ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** units of washing machines, which amount may be increased by mutual consent of the parties, per each twelve month (12) period beginning on the Effective Date; provided that in any month, Buyer shall purchase no less than ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** units and no more than ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** units.
Purchase Limits. 29 SECTION 2.3 Making Purchases from Seller...................................29 SECTION 2.4
Purchase Limits. Under no circumstances shall Purchaser --------------- make any Purchase to the extent that, after giving effect to such Purchase, as the case may be:
Purchase Limits. Subject to the terms and conditions hereof, the Purchasers severally agree to consider the purchase from time to time from the Seller (without any obligation or commitment to do so), without recourse (except as expressly provided herein) of ownership interests in the Scheduled Receivables and the related Specified Assets in an amount not to exceed at any time outstanding the amount of the Purchase Limit and, in respect of each Eligible Obligor, an amount not to exceed at any time outstanding the respective Obligor Limits. The Purchase Limit shall be reduced to zero and cancelled on the Facility Termination Date. The Seller may reduce the Purchase Limits on any Purchase Date on 30 Business Days' prior written notice to the Purchasers, subject in any case to the limitations imposed by the Fee Letter.
Purchase Limits. 29 2.02 Amount of Purchases..............................................................................30
Purchase Limits. (a) Buyer shall purchase from Seller the following minimum amounts per twelve (12) month period commencing (i) with respect to all Products in Category 1 below, on the Effective Date, and (ii) with respect to all Products in Category 2 below, on the first date on which all Products in any sub-category are available for sale, which amount may increased by mutual consent of the parties. Category 1: Jupiter Metered and Non-Metered Product ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** Category 2: Jupiter Commerical Stack Dryer ** OMITTED PURSUANT Commercial Frontload TO CONFIDENTIAL Stack Frontload/Washer Combo TREATMENT REQUEST. ** For Category 1 Products, the monthly minimum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** and the monthly maximum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** For Category 2 Products, the monthly minimum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. ** and the monthly maximum will be ** OMITTED PURSUANT TO CONFIDENTIAL TREATMENT REQUEST. **
(b) In the event that Buyer fails to purchase sufficient units of Product to satisfy the minimum requirements for any twelve (12) month period as provided in subsection (a), Buyer shall pay to Seller, as liquidated damages, an amount equal to the minimum number of units set forth in Section 4(a) less the number of units actually purchased in such twelve (12) month period times $45.
(c) With respect to Component Parts and Replacement Parts, Buyer shall not be obligated to procure any minimum quantities.
Purchase Limits. Connetics agrees to ship all Cardinal purchase orders in full provided they are consistent with product demand. Connetics has the right to question any orders that exceed Cardinal's Average Weekly Movement and has the right to cancel any quantities for which Cardinal is not able to provide reasonable justifications and/or explanations.
Purchase Limits. (a) For each purchase order submitted by Wholesaler, Wholesaler may purchase, subject to Section 2.3, quantities of Products up to [***] of the pro rata portion of its Customary Practice that such purchase order represents based on Wholesaler's frequency of ordering, unless otherwise agreed by FHPC in writing in advance. (For example, if Wholesaler places orders weekly, then each such weekly purchase order may not exceed [***] of Wholesaler's average weekly Customary Practice.)
(b) Wholesaler shall not purchase Products indirectly from or through any third parties.
