Purchase of Certificates. In lieu of prepayment of Certificates as provided in this Article IV, amounts held by the Trust Administrator for such prepayment may also be used on any Interest Payment Date, upon receipt by the Trust Administrator at least ninety (90) days prior to the next scheduled Interest Payment Date of the written request of a District Representative, for the purchase of Certificates at public or private sale as and when and at such prices (including brokerage, accrued interest and other charges) as the District may in its discretion direct, but not to exceed the prepayment price which would be payable if such Certificates were prepaid; provided, however, that no Certificate shall be purchased in lieu of prepayment with a trade settlement date less than seventy-five (75) days prior to the relevant prepayment date. The aggregate principal amount of Certificates of the same maturity purchased in lieu of prepayment pursuant to this Section 4.06 shall not exceed the aggregate principal amount of Certificates of such maturity which would otherwise be subject to such prepayment. Remaining moneys, if any, shall be deposited in the Installment Payment Fund.
Purchase of Certificates. In lieu of prepayment of Certificates as provided in this Article IV, amounts held by the Trustee for such prepayment shall, at the written request of the City Representative received by the Trustee no later than 60 days prior to the prepayment date, be applied by the Trustee to the purchase of Certificates at public or private sale as and when and at such prices (including brokerage, accrued interest and other charges) as the City may in its discretion direct, but not to exceed the prepayment price which would be payable if such Certificates were prepaid. The aggregate principal amount of Certificates of the same maturity purchased in lieu of prepayment under this Section 4.06 may not exceed the aggregate principal amount of Certificates of such maturity which would otherwise be subject to such prepayment.
Purchase of Certificates. In the event of any breach of ------------------------ any of the representations and warranties set forth in Sections 2.03(d) and (g) or 2.04(a)(i) through 2.04(a)(v) and such event could have a material adverse effect on Investor Certificateholders, either the Trustee, or the Holders of Investor Certificates evidencing Undivided Interests aggregating more than 50% of the Invested Amount of all Series, by notice then given in writing to the Transferor (and to the Trustee and the Servicer if given by the Investor Certificateholders), may direct the Transferor to purchase all Certificates of all Series outstanding within 60 days of such notice, or within such longer period as may be specified in such notice and the Transferor shall be obligated to make such purchase on a Distribution Date occurring within such period on the terms and conditions set forth below; provided, however, that no such purchase shall be required to be made if, -------- ------- during such applicable period, the breached representations and warranties contained shall be satisfied in all material respects and any material adverse effect on the Investor Certificateholders caused thereby shall have been cured. The Transferor shall deposit in the Collection Account on a Transfer Date occurring within the applicable period an amount equal to the purchase price (as described in the next succeeding sentence) for the Investor Certificates. The purchase price for any such purchase will be equal to the sum of (a) the Invested Amount of such Series at the end of the day on the Record Date preceding the date such deposit is made, plus (b) an ---- amount equal to all monthly interest accrued but unpaid on the Investor Certificates of such Series for the related Interest Accrual Period for the Distribution Date on which the distribution of such deposit is scheduled to be made pursuant to Section 12.03 and all prior Distribution Dates. Notwithstanding anything to the contrary in this Agreement, the entire amount of the purchase price deposited in the Collection Account shall be distributed to the Investor Certificateholders of such Series on such Distribution Date pursuant to Section 12.03. Payment of such purchase price into the Collection Account in immediately available funds shall otherwise be considered a prepayment of Receivables. If the Trustee or the Investor Certificateholders give notice directing the Transferor to purchase the Investor Certificates of any Series as provided above, the obl...
Purchase of Certificates. In lieu of redemption of Certificates as provided in this Article IV, amounts held by the Trustee for such redemption may also be used on any Interest Payment Date, upon receipt by the Trustee at least ninety (90) days prior to the next scheduled Interest Payment Date of the written request of a City Representative, for the purchase of Certificates at public or private sale as and when and at such prices (including brokerage, accrued interest and other charges) as the City may in its discretion direct. Such purchases may be effected through the investment department of the Trustee or of an affiliate of the Trustee. The aggregate principal amount of Certificates of the same maturity purchased in lieu of redemption pursuant to this Section 4.05 shall not exceed the aggregate principal amount of Certificates of such maturity which would otherwise be subject to such redemption. Remaining moneys, if any, shall be deposited in the Lease Payment Fund.
Purchase of Certificates. In lieu of prepayment of Certificates as provided in this Article III, amounts held by the Trustee for such prepayment may, at the written request of the District Representative received by the Trustee at least 75 days prior to the selection of Certificates for prepayment, be applied by the Trustee to the purchase of Certificates at public or private sale as and when and at such prices (including brokerage, accrued interest and other charges) as the District may in its discretion direct, but not to exceed the prepayment price which would be payable if such Certificates were prepaid.
Purchase of Certificates. On the date of the first Borrowing under SECTION 1.01, the Borrower shall sell to the Lender and the Lender shall purchase from the Borrower Certificates with an initial outstanding certificate balance of $891,000 for a purchase price equal to such outstanding certificate balance. In addition, if the Facility Limit hereunder is increased with the consent of the Administrative Agent and the Liquidity Agent, the Borrower may sell additional Certificates to the Lender on the first Borrowing Date following any such increase (provided that 1% of any additional Certificates shall be sold to GSS Holdings, Inc.). Lender shall make available to the Administrative Agent an amount equal to the outstanding principal balance of the Certificates purchased on the applicable purchase date, and, after receipt by the Administrative Agent of such funds, the Administrative Agent will deposit such funds into one or more Disbursement Accounts specified by the Servicer.
Purchase of Certificates. Subject to the terms and conditions hereof, (i) Anchor hereby agrees to purchase each of the Class A1, Class A2, Class A3 and Class A5 Certificates at the applicable Certificate Purchase Price on the Certificate Purchase Date, (ii) pursuant to the Trust Agreement, the Certificates and this Agreement, each holder of a Class A1, Class A2, Class A3 or Class A5 Certificate on such date shall be obligated to sell such Certificate at the applicable Certificate Purchase Price on such date in accordance with this Agreement, and (iii) the Trustee, upon receipt of the Certificate Purchase Price, hereby agrees to facilitate the transfer of the Class A1, Class A2, Class A3 and Class A5 Certificates to the Transferee on such date in accordance with Section 6 hereof.
Purchase of Certificates. In lieu of redemption of Certificates as provided in this Article IV, amounts held by the Trustee for such redemption may also be used on any Interest Payment Date, upon receipt by the Trustee at least ninety (90) days prior to the next scheduled Interest Payment Date of the written request of a Town Representative, for the purchase of Certificates at public or private sale as and when and at such prices (including brokerage, accrued interest and other charges) as the Town may in its discretion direct. Such purchases may be effected through the investment department of the Trustee or of an affiliate of the Trustee. The aggregate principal amount of Certificates of the same maturity purchased in lieu of redemption pursuant to this Section 4.05 shall not exceed the aggregate principal amount of Certificates of such maturity which would otherwise be subject to such redemption. Remaining moneys, if any, shall be deposited in the Lease Payment Fund. The exercise of any provision of this Trust Agreement which permits the purchase of Certificates in lieu of redemption shall require prior written approval of the Municipal Bond Insurer wherein any Certificate so purchased is not extinguished.
Purchase of Certificates. Subject to the terms and conditions hereof, (i) CDC hereby agrees to purchase each of the Class A Certificates at the applicable Certificate Purchase Price on the Certificate Purchase Date, (ii) each holder of a Class A Certificate on such date shall be obligated to sell such Certificate at the applicable Certificate Purchase Price on such date in accordance with this Agreement, and (iii) the Agent hereby agrees to facilitate the transfer of the Class A Certificates to the Transferee on such date.
Purchase of Certificates. SECTION 2.1 Purchase 10 SECTION 2.2 Increase of Invested Amount. 11 SECTION 2.3 Discount, Fees and Other Costs and Expenses 12 SECTION 2.4 Fees 13 SECTION 2.5 Sharing of Payments, Etc. 13 SECTION 2.6 Right of Setoff 14 ARTICLE III REPRESENTAITONS, WARRANTIES AND COVENANTS SECTION 3.1 Representations and Warranties of the Transferor 14 SECTION 3.2 Reaffirmation of Representations and Warranties by the Transferor 18 SECTION 3.3 Affirmative Covenants of the Transferor 18 SECTION 3.4 Negative Covenants of the Transferor 23 SECTION 3.5 Tax Treatment 26 SECTION 3.6 Conditions Precedent 26 SECTION 3.7 Quarterly Certificate 28 SECTION 3.8 Periodic Notices and Reports 29 ARTICLE IV INDEMNIFICATION; EXPENSES; RELATED MATTERS SECTION 4.1 Indemnities by the Transferor 29 SECTION 4.2 Indemnity for Taxes, Reserves and Expenses 32 SECTION 4.3 Taxes 36 SECTION 4.4 Other Costs, Expenses and Related Matters 37 SECTION 4.5 Indemnification of the Company 37
