Common use of Repurchase and Replacement Obligation Clause in Contracts

Repurchase and Replacement Obligation. Upon the occurrence of a Triggering Event (as defined below), Seller agrees to replace or repurchase any of the Contracts subject to such Triggering Event in the manner and within the time period as provided in this Article V.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

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Repurchase and Replacement Obligation. Upon the occurrence of a Triggering Event (as defined below), Seller agrees to replace or repurchase any of the Contracts subject to such Triggering Event in the manner and within the time period as provided in this Article V.5.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

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