Purchase Request. Each Purchase from the Seller by the Purchasers shall be made on notice from the Seller to each Purchaser Agent (on behalf of the related Purchaser) received by such Purchaser Agent not later than 12:00 noon (New York City time) on the second Business Day preceding the date of such proposed Purchase. Each such notice of a proposed Purchase shall be substantially in the form of Exhibit 1.2(a) and shall specify, among other items, the desired amount and date of such Purchase. Each Purchaser Agent shall promptly upon receipt notify the related Purchaser of any such notice. The Seller shall not request more than one Purchase in any calendar week.
Purchase Request. Each Purchase from the Seller by the Purchasers or the Liquidity Banks, as applicable, shall be made on notice from the Seller to the Administrative Agent and each Purchaser Agent (on behalf of the Investors in such Purchaser Agent’s Purchaser Group) received by the Administrative Agent and each such Purchaser Agent not later than 12:00 noon (New York City time) on the second Business Day preceding the date of such proposed Purchase. Each such notice of a proposed Purchase shall be substantially in the form of Exhibit 1.2(a) and shall specify, among other items, the desired amount to be paid to the Seller and the date of such Purchase. The Administrative Agent shall promptly forward such notice, together with the Administrative Agent’s determination of the Pro Rata Share of such desired purchase amount for each Purchaser Group, to each Purchaser Agent (on behalf of the Investors in such Purchaser Agent’s Purchaser Group) by telecopier or e-mail. Each Purchaser Agent which has a Purchaser in its Purchaser Group shall promptly upon receipt notify such Purchaser of any such notice. If (x) any Purchaser in a Purchaser Group has determined not to make the proposed purchase or (y) any Purchaser Group has no Purchaser, the Purchaser Agent of such Purchaser Group shall promptly send notice of the proposed purchase to each Liquidity Bank in such Purchaser Group by telecopier or e-mail specifying the date of such proposed purchase, and such Liquidity Bank’s Percentage multiplied by the Pro Rata Share with respect to such Purchaser Group of the amount of such Purchase. The Seller shall not request more than one Purchase in any calendar week.
Purchase Request. We hereby request to purchase the Commodity from the Bank and undertake as follows:-
(a) to purchase the Commodity from the Bank at the Bank’s Selling Price as soon as is reasonable upon the Bank’s purchase of the Commodity from a Commodity Supplier including purchases made through Bursa Suq Al-Xxxx’; and
(b) for the purpose of our said purchase of the Commodity from the Bank, to enter into the Murabahah Sale Contract with the Bank upon the terms as stated under the Schedule herein. Breach of any of the terms of our undertaking herein given shall constitute an Event of Default under the Agreement. We hereby undertake to indemnify the Bank (forthwith upon demand by the Bank) for any actual loss that shall have been suffered by the Bank as a result of such breach Provided Always that in such event of breach the Bank shall have invoked its rights under this undertaking within two (2) calendar days from the date of discovery of the breach failing which this Purchase Request shall be deemed as revoked and shall be of no force and effect. For the purpose of this paragraph, reference to “actual loss” shall be determined based on the actual costs incurred by the Bank which is directly attributable to our breach of any of the terms of our undertaking herein such as the cost of legal action (on a solicitor and client basis), storage cost of the Commodity (if applicable) and, without imposing any obligation on the part of the Bank to sell the Commodity to other third party, any shortfall between the disposal price receives by the Bank for the sale of the Commodity to other third party (due to our breach herein) and the Bank’s Purchase Price. Such actual loss shall not include indirect costs such as allocated overhead costs or salary or opportunity costs such as cost of funds. Upon fulfilment of our undertaking herein and in accordance with the terms herein given, this Purchase Request shall be of no further force and effect whereupon we shall be deemed to have been discharged of our undertaking herein given. This Purchase Request shall be irrevocable (in the absence of any prior written consent of the Bank), binding on me/us and my/our successors in title, permitted assignees, heirs and personal representatives and shall be construed in accordance with the laws of Malaysia. With the issuance of this Purchase Request, we acknowledge that we understand the nature and contents of this Purchase Request.
Purchase Request. Each Purchase from the Seller by the Purchaser shall be made on irrevocable notice from the Seller to the Agent (on behalf of the Purchaser) received by the Agent not later than 12:00 noon (New York City time) two Business Days prior to the date of such proposed Purchase. Each such notice of a proposed Purchase shall be substantially in the form of Exhibit 1.2(a) and shall specify, among other items, the desired amount and date of such Purchase. The Agent shall promptly upon receipt notify the Purchaser of any such notice.
Purchase Request. I. Assignment.
Purchase Request. This is a Purchase Request referred to in the Master Factoring Agreement (the "Agreement") between and AmBank (M) Berhad (the "Bank"). Terms defined in the Agreement shall have the same meaning herein.
Purchase Request. The Customer may utilise the Facility by issuing a Purchase Request to the Bank notifying the Bank of its intention to enter into an arrangement to purchase an identified commodity from the Bank at the Bank’s Selling Price(s) as set out in Schedule 3A. In accordance with the Bank’s financing procedures, upon the acceptance of the Letter of Offer of the Facility, the Customer will issue a request and once it is issued it is irrevocable (except with the prior written consent of the Bank) and binding on the Customer including its successor in title, permitted assigns and personal representatives. The Customer will then give an undertaking to purchase an identified commodity from the Bank at the Bank’s Selling Price(s) which will be stated in the relevant Murabahah Sale Contract.
Purchase Request. I/We hereby request to purchase the commodity from the Bank at the Bank’s Selling Price(s) in according to the terms of the Master Facility Agreement or any other method as may be determined and notified by the Bank.
Purchase Request. If the Consignee wishes to purchase part or all of the Gold held hereunder on consignment for Scotiabank, an authorized representative of the Consignee will make a request to an authorized officer of Scotiabank by telephone, telex or telecopied transmission stating the quantity and quality of Gold to be purchased and the proposed Value Date of the purchase. All telephone requests shall be confirmed in writing to Scotiabank within five (5) days of such request.
Purchase Request. The Agent and Purchaser shall have ----------------- received a Purchase Request for such Purchase in accordance with Section 2.3 ----------- (which may be a facsimile transmission of a properly completed and executed Purchase Request followed on that same day with actual delivery of the original thereof), together with all items required to be delivered in connection therewith.
