Examples of Class B Purchase Agreement in a sentence
The Class B Notes may be offered and sold on any Series 2005-2 Class B Notes Closing Date by HVF pursuant to a Class B Purchase Agreement.
Purchaser desires to purchase one hundred percent (100%) of the issued and outstanding Class B Units (the “Class B Securities”) of the Company (i) from Frontier (if the Call Option Exercise does not occur) immediately after the Closing pursuant to the Class B Purchase Agreement or (ii) from Seller (if the Call Option Exercise occurs).
The Class B Notes may be offered and sold on any Series 2005-4 Class B Notes Closing Date by HVF pursuant to a Class B Purchase Agreement.
The Parties acknowledge and agree that the Class B Purchase Agreement provides that, in the event of a Call Option Exercise, the Class B Purchase Agreement shall automatically terminate in accordance with the terms thereof and all references herein to Subject Securities shall automatically be deemed to refer to the Company Securities.
Notwithstanding anything to the contrary in this Agreement or the Class B Purchase Agreement, prior to the Closing, Seller may, in its sole and absolute discretion (and Seller hereby expressly reserves all of its rights under the LLC Agreement to), exercise its rights under Section 5.3 of the LLC Agreement to purchase, or cause the Company to purchase, all of the Class B Securities (such exercise, a “Call Option Exercise”).