Common use of Purchase Price; Sale Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Foster Wheeler Corp), Credit Agreement (Foster Wheeler Corp), Pledge Agreement (Foster Wheeler Corp)

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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 PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGEPurchased 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 NOTICEPurchase 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.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Weis Markets Inc), Pledge Agreement (Foster Wheeler Corp)

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 PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGEPurchased 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 NOTICEPurchase 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(d9.14(d) of the Credit Agreement.

Appears in 2 contracts

Samples: Term Revolving Credit Agreement (Foster Wheeler Corp), Revolving Credit Agreement (Foster Wheeler Corp)

Purchase Price; Sale. At or before 12:00 Noon, local time at the Transferor Lender's office specified in Schedule IIIII, 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 PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGEPurchased 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 NOTICEPurchase 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(d9.14(d) of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (J&l Specialty Steel Inc), Term Loan Agreement (J&l Specialty Steel Inc)

Purchase Price; Sale. At or before 12:00 Noon, local time at the Transferor Lender's office specified in Schedule IIIII, 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 PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGEPurchased 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 Lenders, 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 NOTICEPurchase 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.

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Purchase Price; Sale. At or before 12:00 Noon, local time at the Transferor LenderBank's office specified in Schedule III, on the Transfer Effective Date, each Purchasing Lender Bank shall pay to the Transferor LenderBank, in immediately available funds, an amount equal to the purchase price, as agreed between the Transferor Lender Bank and such Purchasing Lender Bank (the "PURCHASE PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender Bank (such Purchasing LenderBank's "PURCHASED PERCENTAGEPurchased Percentage") of the Transferor LenderBank's InterestsInterest. Effective upon receipt by the Transferor Lender Bank of the Purchase Price from a Purchasing LenderBank, the Transferor Lender Bank hereby irrevocably sells, assigns and transfers to such Purchasing LenderBank, without recourse, representation or warranty (express or implied) except as set forth in Section 6 hereof, and each Purchasing Lender Bank hereby irrevocably purchases, takes and assumes from the Transferor Lender Bank such Purchasing LenderBank's Purchased Percentage of the Transferor LenderBank's InterestsInterest. The Transferor Lender Bank shall promptly notify the Administrative Agent of the receipt of the Purchase Price from a Purchasing Lender Bank ("PURCHASE PRICE RECEIPT NOTICEPurchase 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(d9.12(d) of the Credit Agreement.

Appears in 1 contract

Samples: Guaranty and Suretyship Agreement (Sylvan Inc)

Purchase Price; Sale. At or before 12:00 Noon, local time at the Transferor LenderBank's office specified in Schedule III, on the Transfer Effective Date, each Purchasing Lender Bank shall pay to the Transferor LenderBank, in immediately available funds, an amount equal to the purchase price, as agreed between the Transferor Lender Bank and such Purchasing Lender Bank (the "PURCHASE PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender Bank (such Purchasing LenderBank's "PURCHASED PERCENTAGEPurchased Percentage") of the Transferor LenderBank's InterestsInterest. Effective upon receipt by the Transferor Lender Bank of the Purchase Price from a Purchasing LenderBank, the Transferor Lender Bank hereby irrevocably sells, assigns and transfers to such Purchasing LenderPurchasing' Bank, without recourse, representation or warranty (express or implied) except as set forth in Section 6 hereof, and each Purchasing Lender Bank hereby irrevocably purchases, takes and assumes from the Transferor Lender Bank such Purchasing LenderBank's Purchased Percentage of the Transferor LenderBank's InterestsInterest. The Transferor Lender Bank shall promptly notify the Administrative Agent of the receipt of the Purchase Price from a Purchasing Lender Bank ("PURCHASE PRICE RECEIPT NOTICEPurchase 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(d9.12(d) of the Credit Agreement.

Appears in 1 contract

Samples: Sylvan Inc

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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 PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGEPurchased 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 NOTICEPurchase 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(d9.14(d) of the Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

Purchase Price; Sale. At or before 12:00 Noon, local time at the Transferor Lender's office specified in Schedule IIIII, 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 PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGEPurchased 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 NOTICEPurchase 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(d8.14(d) of the Credit Agreement.

Appears in 1 contract

Samples: Guaranty and Suretyship Agreement (Curtiss Wright Corp)

Purchase Price; Sale. At or before 12:00 o'clock 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 PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGEPurchased 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 NOTICEPurchase Price Receipt Notice"). Upon receipt by the Administrative Agent of such Purchase Price Receipt Notice, the Administrative Agent shall record in the Register its register the information with respect to such sale and purchase as contemplated by Section 10.14(d10.15(d) of the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Genesis Health Ventures Inc /Pa)

Purchase Price; Sale. At or before 12:00 Noon, local time at the Transferor Lender's office specified in Schedule IIIII, 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 PRICEPurchase Price"), of the portion being purchased by such Purchasing Lender (such Purchasing Lender's "PURCHASED PERCENTAGEPurchased 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 NOTICEPurchase 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.

Appears in 1 contract

Samples: Guaranty and Suretyship Agreement (Curtiss Wright Corp)

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