Termination of Prior Purchase Agreement Sample Clauses

Termination of Prior Purchase Agreement. At the Initial Closing, all rights and obligations of the Company and Prior Investor under the Prior Purchase Agreements terminated. Prior Investor and/or the Company filed a termination statement with respect to any UCC filings made in connection with the Prior Purchase Agreement.
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Termination of Prior Purchase Agreement. If, and only if, the Closing occurs, then upon the Closing, the Prior Purchase Agreement will terminate and be of no further force or effect, and no party will have any continuing rights or obligations thereunder.
Termination of Prior Purchase Agreement. Immediately following the Closing, the Preferred Stock and Warrant Purchase Agreement, dated as of April 24, 2006, between the Company and the Stockholder shall terminate in its entirety and such agreement and all rights and obligations thereunder shall be of no further force or effect.
Termination of Prior Purchase Agreement. The Prior Purchase Agreement shall have terminated either (a) automatically pursuant to Section 8.1(ii) thereof or (b) by written notice from the Company to the Investor pursuant to the first sentence of Section 8.2 thereof (in each case subject to Section 8.3 thereof).
Termination of Prior Purchase Agreement. The parties hereby agree that the Prior Purchase Agreement shall terminate and be of no further force or effect as of the close of business on the date immediately prior to the Effective Date.
Termination of Prior Purchase Agreement. All rights and obligations of the Company and Prior Investor under the Prior Purchase Agreements shall terminate as of the Initial Closing without any further action on the part of Prior Investor or the Company. Prior Investor and/or the Company will file concurrent with the Initial Closing or promptly thereafter a termination statement with respect to any UCC filings made in connection with the Prior Purchase Agreement, including the UCC-1 financing statement filed with the California Secretary of State designated as document number 20117279458256 (Secured Party: Xxxxxx Xxxxxxx).

Related to Termination of Prior Purchase Agreement

  • Repurchase Agreement Upon the receipt of payment in connection with any repurchase agreement related to such securities entered into by the Fund; 3)

  • Repurchase by Agreement The Trust may repurchase Shares directly, or through the Distributor or another agent designated for the purpose, by agreement with the owner thereof at a price not exceeding the Net Asset Value per Share determined as of the time when the purchase or contract of purchase is made or the Net Asset Value as of any time which may be later determined, provided payment is not made for the Shares prior to the time as of which such Net Asset Value is determined.

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Note Purchase Agreement The conditions precedent to the obligations of the Applicable Pass Through Trustees and the other requirements relating to the Aircraft and the Equipment Notes set forth in the Note Purchase Agreement shall have been satisfied.

  • Repurchase Agreements With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

  • of the Note Purchase Agreement Section 2.1(b) of the Note Purchase Agreement is hereby amended and restated to read in full as follows:

  • Amendments to Repurchase Agreement The Repurchase Agreement is hereby amended as follows:

  • Founder’s Purchase Agreement The Founder’s Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor, and is a valid and binding agreement of the Company and the Sponsor, enforceable against the Company and the Sponsor in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • Amendments to Note Purchase Agreement Subject to the satisfaction of the conditions precedent set forth herein and in reliance on the representations, warranties and covenants of the Companies set forth herein and in the Note Purchase Agreement, each party hereto hereby agrees that the Note Purchase Agreement be and hereby is, amended as follows:

  • REVERSE REPURCHASE AGREEMENTS 1. Promptly after the Fund enters a Reverse Repurchase Agreement with respect to Securities and money held by the Custodian hereunder, the Fund shall deliver to the Custodian a Certificate, or in the event such Reverse Repurchase Agreement is a Money Market Security, a Certificate, Oral Instructions, or Written Instructions specifying: (a) the Series for which the Reverse Repurchase Agreement is entered; (b) the total amount payable to the Fund in connection with such Reverse Repurchase Agreement and specifically allocated to such Series; (c) the broker, dealer, or financial institution with whom the Reverse Repurchase Agreement is entered; (d) the amount and kind of Securities to be delivered by the Fund to such broker, dealer, or financial institution; (e) the date of such Reverse Repurchase Agreement; and (f) the amount of cash and/or the amount and kind of Securities, if any, specifically allocated to such Series to be deposited in a Senior Security Account for such Series in connection with such Reverse Repurchase Agreement. The Custodian shall, upon receipt of the total amount payable to the Fund specified in the Certificate, Oral Instructions, or Written Instructions make the delivery to the broker, dealer, or financial institution and the deposits, if any, to the Senior Security Account, specified in such Certificate, Oral Instructions, or Written Instructions.

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