Applicable Purchaser definition

Applicable Purchaser means any third party designated to purchase BNPPLC’s interest in the Property and in any Escrowed Proceeds as provided in the Purchase Agreement.

Applicable Purchaser means any third party designated by NAI to purchase BNPLC's interest in the Property and in any Escrowed Proceeds as provided in the Purchase Agreement.

Applicable Purchaser means any third party designated by Tenant to purchase the Landlord's interest in the Leased Property and in any Escrowed Proceeds as provided in the Purchase Agreement.

Examples of Applicable Purchaser in a sentence

• BE IT RESOLVED, that the Board of Directors of the Corporation, in its best business judgment, deems it in the best interest of the Corporation and its shareholders that the Corporation convey the Property to Purchaser or the Applicable Purchaser pursuant to and in accordance with the terms of the Purchase Agreement.

• All amounts payable under this Agreement by NAI and, if applicable, by an Applicable Purchaser must be paid directly to BNPLC, and no payment to any other party shall be effective for the purposes of this Agreement.

• If the cash price actually paid by any third party purchasing the Property from BNPLC during NAI's Extended Remarketing Period, including any price paid by an Applicable Purchaser purchasing from BNPLC pursuant to this Paragraph 2, exceeds the Minimum Extended Remarketing Price, then NAI shall be entitled to the excess; provided, that BNPLC may offset and retain from the excess any and all sums that are then due and unpaid from NAI to BNPLC under any of the Operative Documents.

• Notwithstanding the foregoing, if NAI or any Applicable Purchaser purchases BNPPLC’s interest in the Property pursuant to the Purchase Agreement, any accrued unpaid Base Rent and all outstanding Additional Rent will be due on the date of purchase in addition to the purchase price and other sums due to BNPPLC under the Purchase Agreement.

• All costs, both foreseen and unforeseen, of any purchase by NAI or an Applicable Purchaser hereunder shall be the responsibility of the purchaser.

More Definitions of Applicable Purchaser

Applicable Purchaser means (1) the third party designated by NAI to purchase the Property at any sale arranged by NAI as provided in this Agreement, or (2) the third party designated by BNPPLC as the purchaser at any Qualified Sale not arranged by NAI.

Applicable Purchaser means (i) prior to the occurrence of a Committed Purchaser Funding Event, the Conduit Purchaser, and (ii) on and after the occurrence of a Committed Purchaser Funding Event, the Committed Purchaser.

Applicable Purchaser means any third party designated by 3COM to purchase the interest of BNPLC in the Property as provided in Paragraph 2(a)(ii) below.

Applicable Purchaser means, on any date, (a) if the Capital Condition is not satisfied on such date, the Initial Purchaser, and (b) if the Capital Condition is satisfied on such date, or if the Company has elected to waive the Capital Condition on or prior to such date, the Company.

Applicable Purchaser means (1) the third party designated by LRC to purchase the Property at any sale arranged by LRC as provided in this Agreement, or (2) the third party designated by BNPPLC as the purchaser at any Qualified Sale not arranged by LRC.

Applicable Purchaser means any third party designated by Zhone to purchase BNPLC's interest in the Property and in any Buildings 1&2 Escrowed Proceeds as provided in xxx Xxxxxxxxx 0&0 Xxxxxxxx Agreement.

Applicable Purchaser means, on any date, (a) if the Capital Condition is not satisfied on such date (and not waived by the Company), the Initial Purchaser, and (b) if the Capital Condition is satisfied on such date (or waived by the Company), the Company; provided, however, that the Initial Purchaser and the Company may elect by written notice to the Financing Provider to each act as Applicable Purchaser in relation to separate portions of the Investment Commitment Amount for a particular Portfolio Investment (adding up to 100% of such Investment Commitment Amount), in which case “Applicable Purchaser” shall refer to each of the Initial Purchaser and the Company separately in relation to such separate portions of the Investment Commitment Amount.