Purchase of Lignite and/or Refined Coal by Buyer from KMRC Sample Clauses

Purchase of Lignite and/or Refined Coal by Buyer from KMRC. (a) For purposes of Buyer's obligation to purchase only Dedicated Lignite as fuel for the Facility under Section 4.01 of the 1998 LSA, any and all purchases by Buyer of Seller Sourced Fuel will be deemed to be the purchase of Dedicated Lignite or Alternate Fuel, as the case may be, as fuel for the Facility. For the avoidance of doubt, if Buyer purchases either (i) lignite from KMRC that does not constitute Seller Sourced Fuel, or (ii) lignite from a third party who is not KMRC, such purchase will not be deemed to be a purchase of Dedicated Lignite or Alternate Fuel under Section 4.01 of the 1998 LSA and thus will be a breach by Buyer of Section 4.01 of the 1998 LSA for which Seller shall be permitted to exercise all remedies available to it under the 1998 LSA and Buyer shall have available to it all defenses under the 1998 LSA.
Sample 1
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Related to Purchase of Lignite and/or Refined Coal by Buyer from KMRC

  • Sale and Purchase of the Assets Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, the Seller shall sell, convey, assign, deliver and transfer to the Buyer, all of the Assets and the Buyer shall buy and take possession of, all of the Sellers' right, title and interest in and to the Assets.

  • Conditions Applicable to All Sale and Purchase Transactions (a) Any transaction effected under this Article XII or in connection with the acquisition, disposition or substitution of any Asset shall be conducted on an arm’s length basis and, if effected with an Affiliate of the Collateral Manager (or with an account or portfolio for which the Collateral Manager or any of its Affiliates serves as investment adviser), shall be effected in accordance with the requirements of Section 5 of the Collateral Management Agreement on terms no less favorable to the Issuer than would be the case if such Person were not an Affiliate of the Collateral Manager; provided that the Trustee shall have no responsibility to oversee compliance with this clause (a) by the other parties. Any sale of a Collateral Obligation or an Equity Security (other than a Substitute Collateral Obligation) to the Collateral Manager, an Affiliate of the Collateral Manager or an Affiliate of the Issuer shall be at a purchase price at least equal to the current Fair Market Value of such Collateral Obligation or Equity Security and certified by the Collateral Manager to the Trustee.

  • Deliveries by Buyer At the Closing, Buyer shall deliver to Seller the following:

  • Deliveries by Sellers At the Closing, Sellers shall deliver to Purchaser:

  • Deliveries by Buyer at Closing At the Closing, Buyer shall deliver to Seller:

  • Deliveries by Seller At the Closing, Seller shall deliver, or cause to be delivered, to Buyer the following:

  • Operations Prior to Closing Between the date of the execution of this Agreement and Closing:

  • Sale and Purchase of Assets Subject to the terms and conditions of this Agreement, at the Closing the Seller shall sell assign, transfer, convey and deliver to Buyer, and Buyer shall purchase from the Seller, free and clear of any encumbrances all of the right, title and interest, in, and to those assets of Seller identified on Schedule 2.1 (the “Assets”).

  • Delivery at Closing At the Closing, the Company will deliver to the Purchaser a stock certificate registered in the Purchaser’s name, representing the number of Shares to be purchased by Purchaser hereunder, against payment of the purchase price therefore as indicated above.

  • Closing Deliveries by Buyer At the Closing, Buyer shall deliver or cause to be delivered to Seller:

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