Purchase of Facilities Sample Clauses

Purchase of Facilities. In connection with the termination of this Agreement (or, as applicable, to less than all of the Facilities) pursuant to Section 7.02 hereof, the Tenant shall have the option to purchase the Facilities (or, as applicable, to less than all of the Facilities), subject to the following conditions: (a) Not less than thirty-five (35) nor more than one hundred eighty (180) days prior to termination of this Agreement, the Tenant shall give notice to the Issuer and the Trustee of the Tenant’s intention to purchase such Facilities. At the request of the Issuer, the Tenant shall make timely arrangements satisfactory to the Issuer for the giving of any notice pursuant to Section [303] of the Supplemental Bond Resolution required for the redemption of outstanding Bonds on any permissible date on which any Bonds are to be called for redemption, and for the transmittal of funds needed for such redemption on or before such date. (b) On or before the closing date for the purchase of such Facilities and termination of this Agreement (or, as applicable, to less than all of the Facilities), the Tenant shall pay to the Issuer cash or a certified check in an amount equal to the sum of money required to be paid under Sections 7.02(d) and 7.03(f) hereof to terminate this Agreement on such date. Tenant’s obligations under this Agreement shall survive termination of this Agreement and purchase of such Facilities by the Tenant under this Section to the extent provided in Section 7.02(e) hereof. (c) The closing shall be held at the office of the Issuer or any other office mutually agreed upon at which the Issuer shall convey to the Tenant title to such Facilities, subject to: (i) Subleases and those liens and encumbrances, if any, created, permitted or acquiesced to by the Tenant or to the creation of which the Issuer did not in writing consent and which were created subsequent to the date hereof; (ii) those liens and encumbrances, if any, resulting from the failure of the Tenant to perform or observe any of its agreements in this Agreement; (iii) Permitted Encumbrances, other than this Agreement and any other liens and security interests related to the Bonds; (iv) the rights and title of any condemning authority arising from the exercise of the power of eminent domain; and (v) those liens and encumbrances, if any, to which title to such Facilities was subject on the date of execution and delivery hereof. (d) The Issuer shall convey title to such Facilities by a quit claim deed and ...
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Purchase of Facilities. 4 ARTICLE THREE
Purchase of Facilities. Subject to the terms and conditions herein contained, the Buyer agrees to purchase from the Seller and the Seller agrees to transfer, sell, assign and convey to the Buyer the Facilities and the property, real and personal, tangible and intangible, associated therewith as more fully specified in Section 3.1 hereof (the "Assets").
Purchase of Facilities 

Related to Purchase of Facilities

  • Purchase of Notes and Warrants On the Closing Date, the Subscriber will purchase the Notes and Warrants as principal for its own account for investment only and not with a view toward, or for resale in connection with, the public sale or any distribution thereof.

  • Purchase of Notes The Company will not and will not permit any Affiliate to purchase, redeem, prepay or otherwise acquire, directly or indirectly, any of the outstanding Notes except upon the payment or prepayment of the Notes in accordance with the terms of this Agreement and the Notes. The Company will promptly cancel all Notes acquired by it or any Affiliate pursuant to any payment, prepayment or purchase of Notes pursuant to any provision of this Agreement and no Notes may be issued in substitution or exchange for any such Notes.

  • SALE AND PURCHASE OF NOTES Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Notes in the principal amount specified opposite such Purchaser’s name in Schedule A at the purchase price of 100% of the principal amount thereof. The Purchasers’ obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non-performance of any obligation by any other Purchaser hereunder.

  • Purchase of Equipment For any equipment purchased in whole or in part with Grant Funds, if Grantor determines that Grantee has not met the conditions of 2 CFR 200.439, the costs for such equipment will be disallowed. Grantor must notify Grantee in writing that the purchase of equipment is disallowed.

  • Re-Purchase of Note If we decide that you provided us with inaccurate information or have otherwise violated your obligations, or if required by any applicable law or regulation related to terrorism, money laundering, and similar activities, we may (but shall not be required to) repurchase your Note for an amount equal to the principal amount outstanding.

  • Purchase of Note On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of Note as is set forth immediately below the Buyer’s name on the signature pages hereto.

  • Purchase of Firm Units On the basis of the representations and warranties contained herein, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, severally and not jointly, and the Underwriters agree to purchase from the Company, severally and not jointly, an aggregate of 10,000,000 units (the “Firm Units”) of the Company, as set forth opposite the respective names of the Underwriters on Schedule A hereto, at a purchase price (net of discounts and commissions and the Deferred Underwriting Commission described in Section 1.3 below) of $9.45

  • Purchase of Units On the basis of the representations and warranties herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell to the several Underwriters, severally and not jointly, an aggregate of 20,000,000 units of the Company (the “Firm Units”) at a purchase price (net of discounts and commissions) of $9.80

  • Purchase of Bonds The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing such moneys to be applied to the purchase of Bonds in accordance with the provisions of the Indenture delivered pursuant to the Indenture, which Bonds shall, at the direction of the Company, be delivered in accordance with Section 3.06(a)(ii) of the Indenture.

  • Limitations on Execution and Delivery, Transfer and Surrender of Receipts As a condition precedent to the execution and delivery, registration of transfer, split-up, combination or surrender of any Receipt or withdrawal of any Deposited Securities, the Depositary, Custodian or Registrar may require payment from the depositor of Shares or the presenter of the Receipt of a sum sufficient to reimburse it for any tax or other governmental charge and any stock transfer or registration fee with respect thereto (including any such tax or charge and fee with respect to Shares being deposited or withdrawn) and payment of any applicable fees as herein provided, may require the production of proof satisfactory to it as to the identity and genuineness of any signature and may also require compliance with any regulations the Depositary may establish consistent with the provisions of this Deposit Agreement, including, without limitation, this Section 2.6. The delivery of Receipts against deposits of Shares generally or against deposits of particular Shares may be suspended, or the transfer of Receipts in particular instances may be refused, or the registration of transfer of outstanding Receipts generally may be suspended, during any period when the transfer books of the Depositary are closed, or if any such action is deemed necessary or advisable by the Depositary or the Issuer at any time or from time to time because of any requirement of law or of any government or governmental body or commission, or under any provision of this Deposit Agreement, or for any other reason, subject to the provisions of Section 7.7 hereof. Notwithstanding any other provision of this Deposit Agreement or the Receipts, the surrender of outstanding Receipts and withdrawal of Deposited Securities may not be suspended subject only to (i) temporary delays caused by closing the transfer books of the Depositary or the Issuer or the deposit of Shares in connection with voting at a shareholders' meeting, or the payment of dividends, (ii) the payment of fees, taxes and similar charges, and (iii) compliance with any U.S. or foreign laws or governmental regulations relating to the Receipts or to the withdrawal of the Deposited Securities. Without limitation of the foregoing, the Depositary shall not knowingly accept for deposit under this Deposit Agreement any Shares required to be registered under the provisions of the Securities Act, unless a registration statement is in effect as to such Shares.

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