Purchase Price; Sale. At or before 12:00 Noon, local time at the Transferor Lender's office specified in Schedule III, on the Transfer Effective Date, each Purchasing Lender shall pay to the Transferor Lender, in immediately available funds, an amount equal to the purchase price, as agreed between the Transferor Lender and such Purchasing Lender (the "PURCHASE PRICE"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGE") of the Transferor Lender's Interests. Effective upon receipt by the Transferor Lender of the Purchase Price from a Purchasing Lender, the Transferor Lender hereby irrevocably sells, assigns and transfers to such Purchasing Lender, without recourse, representation or warranty (express or implied) except as set forth in Section 6 hereof, and each Purchasing Lender hereby irrevocably purchases, takes and assumes from the Transferor Lender such Purchasing Lender's Purchased Percentage of the Transferor Lender's Interests. The Transferor Lender shall promptly notify the Administrative Agent of the receipt of the Purchase Price from a Purchasing Lender ("PURCHASE PRICE RECEIPT NOTICE"). Upon receipt by the Administrative Agent of such Purchase Price Receipt Notice, the Administrative Agent shall record in the Register the information with respect to such sale and purchase as contemplated by Section 10.14(d) of the Credit Agreement.
Purchase Price; Sale. At or before 12:00 o’clock noon, local time at the Transferring Participant’s office specified in Schedule III, on the Transfer Effective Date, the Purchasing Participant shall pay to the Transferring Participant, in immediately available funds, an amount equal to the purchase price, as agreed upon between the Transferring Participant and the Purchasing Participant (the “Purchase Price”), for the Transferring Participant’s Interests. Effective upon receipt by the Transferring Participant of the Purchase Price from the Purchasing Participant, the Transferring Participant hereby irrevocably sells, assigns and transfers to the Purchasing Participant, without recourse, representation or warranty (express or implied) except as set forth in Section 5 hereof, and the Purchasing Participant hereby irrevocably purchases, takes and assumes from the Transferring Participant, the Transferring Participant’s Interests.
Purchase Price; Sale. At or before 12:00 o’clock noon, local time at the Transferring Lender’s office specified in Schedule III, on the Transfer Effective Date, the Purchasing Lender shall pay to the Transferring Lender, in immediately available funds, an amount equal to the purchase price, as agreed upon between the Transferring Lender and the Purchasing Lender (the “Purchase Price”), for the Transferring Lender’s Interests. Effective upon receipt by the Transferring Lender of the Purchase Price from the Purchasing Lender, the Transferring Lender hereby irrevocably sells, assigns and transfers to the Purchasing Lender, without recourse, representation or warranty (express or implied) except as set forth in Section 5 hereof, and the Purchasing Lender hereby irrevocably purchases, takes and assumes from the Transferring Lender, the Transferring Lender’s Interests. The Transferring Lender shall promptly notify the Non-Transferring Lender of the receipt of the Purchase Price from the Purchasing Lender (the “Purchase Price Receipt Notice”).
