Purchase Procedures. In connection with acquiring the replacement Manufactured Home Unit, the Participant(s) must follow the following process in order for the Program to fund the Grant Amount:
Purchase Procedures. After a Termination giving rise to a right of purchase under Section 7, the Company may elect to exercise the right to purchase Executive Stock (in the amounts and for the prices set forth in Section 7(a)) pursuant to the Purchase Option by delivering written notice (the "Purchase Notice") to the holder or holders of Executive Stock at any time prior to the date which is six months after the Termination Date. The Purchase Notice will set forth the number of shares of each class and type of Executive Stock to be acquired from such holder(s), the aggregate consideration to be paid for such shares of Executive Stock and the time and place for the closing of the transaction. If any shares of Executive Stock are held by Permitted Transferees, the Company shall purchase the shares each class and type of Executive Stock elected to be purchased from such holder(s) of Executive Stock pro rata according to the number of shares of such class and type of Executive Stock held by such holder(s) at the time of delivery of such Purchase Notice (determined as nearly as practicable to the nearest share).
Purchase Procedures. The procedures for the placement and fulfillment of purchase orders for Tiles submitted by Distributor shall be governed by the “Procedures for Crown Roof Tile Orders” set forth in Exhibit “B”, attached hereto and made a part of this Agreement (“Purchase Procedures”).
Purchase Procedures. (a) The purchase price for the Shares to be sold pursuant to this Section shall be the "Fair Market Value" of such Shares.
Purchase Procedures. 4.1 Form of Notes 9 4.2 Purchase of Notes 9 4.3 Verbal Notice 9 4.4 Interest Rates 10 4.5 Payment of Purchase Price 10 4.6 Allocated Securitized Assets 10 ARTICLE 5 STANDBY FEE
Purchase Procedures. (a) Whenever the Partnership or a Partner has an option pursuant to Section 10.1 to purchase the Interest of a Partner that withdraws from the Partnership in breach of this Agreement, such option shall be exercisable in the following manner. For a period of 45 days after the Partnership receives notice of the withdrawal, the Partnership shall have the option to purchase all or any portion of the Interest. The Partnership may exercise this option at the discretion of the non-withdrawing Partner by written notice to the withdrawn Partner within such 45-day period. If the Partnership does not exercise its right to purchase the entire Interest, then the non-withdrawing Partner shall have the option to purchase all, but not less than all, of the Interest not purchased by the Partnership. The non-withdrawing Partner may exercise this option by written notice to the Partnership and the withdrawn Partner within 45 days after the expiration of the Partnership’s option period. No sale of a withdrawn Partner’s Interest shall be required hereunder unless the Partnership or the non-withdrawing Partner collectively elect within their respective option periods to purchase the entire Interest.
Purchase Procedures. Subject to satisfaction of the conditions precedent set forth in paragraph 2 hereof, Lender shall have the right to require the University to purchase, and University agrees to purchase from Lender, the Mortgaged Property in accordance with the following procedures:
Purchase Procedures. 15 Section 6.1. Types of Purchases.......................................................... 15 ------------------ Section 6.2.
Purchase Procedures. (a) The Lessee may assign to any Person reasonably satisfactory to the Agent and the Lessor the right to purchase property pursuant to Section 5.02. Notwithstanding any such assignment, the Lessee shall remain liable to the Lessor for the prompt payment and performance, as and when due, of all amounts payable (including the Termination Value) and all obligations of the purchaser under this Lease, the other Operative Documents and the Securitization Documents. No consent to any such assignment, acceptance of payment from or performance by any assignee or other action by or on behalf of the Lessor or the Agent shall release the Lessee of any obligations under this Lease, the other Operative Documents or the Securitization Documents, except upon full payment and performance as and when due.
Purchase Procedures. Seller may request that Purchaser purchase Accounts and Related Assets on the Initial Closing Date and on each subsequent Purchase Date prior to the Termination Date by delivering to Purchaser a written purchase request, in a form satisfactory to Purchaser, not later than two (2) Business Days prior to such Purchase Date, specifying the Accounts that Purchaser is being requested to purchase. Each such request shall be deemed to be a representation and warranty by Seller that Seller’s representations and warranties in this Agreement are true and correct on such date as if made on and as of such date (except with respect to representations and warranties that are specified to be made as of a particular date, which shall be deemed to be true and correct on and as of such specified date) and that no Event of Termination, or event which would become an Event of Termination with notice or the passage of time, shall have occurred and be continuing. On each Purchase Date for which a purchase notice is timely given, Purchaser shall purchase from Seller, without recourse (except as expressly set forth herein), all right, title and interest of Seller in and to all Accounts identified in such request which Purchaser determines are Eligible Accounts and which Purchaser has elected to purchase in its sole discretion, exercised reasonably and in good faith, together with the applicable Related Assets.
