CP Purchase definition

CP Purchase means a Purchase on which Price Differential accrues by reference to the Commercial Paper Rate.
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Examples of CP Purchase in a sentence

  • The CP Purchase Price shall be payable in immediately available funds on the closing of such purchase and sale.

  • Upon payment of the CP Purchase Price, the CP Spouse shall Transfer the CP Interest to the purchaser, free and clear of any and all Encumbrances of any kind whatsoever other than those created by this Agreement.

  • If the relevant Member fails to purchase the CP Interest as provided in Section 3.7(a), the Company may require, by giving an irrevocable written notice to the CP Spouse within forty (40) days of the Community Property Event that such CP Spouse sell all or any portion of the CP Interest to the Company for the CP Purchase Price.

  • On the applicable Tranche End Date, the Initial Lender shall apply the amounts held by it in respect of the CP Purchase Price to pay such maturing Commercial Paper.

  • In the event that the Effective Date of any such Bank Assignment is not also a date upon which funds shall be required to repay maturing Commercial Paper which remains outstanding on the Effective Date (each such date a "Tranche End Date"), then the Initial Lender shall hold the CP Purchase Price paid by any Bank Lender and invest such amounts in Permitted Investments as determined by the Initial Lender.

  • On each Tranche End Date the Initial Lender shall apply the amounts held by it in respect of the CP Purchase Price to pay such maturing Commercial Paper.

  • The Parties further agree that when the CP Purchase Price has been paid in full, if there still remains an unpaid balance on the CHI-Provided Funds, then upon receipt of future credits and reimbursements due CHI under this Section 4, such credits and reimbursements shall be fully applied to repayment of the CHI-Provided Funds.

  • It is contemplated by the Parties that the payment of the CP Purchase Price and the repayment of the CHI-Provided Funds will be complete upon receipt by Global Water Resources of ICFA Fees described in Section 4.1 above for 8,050 units in Legends.

  • The $1,000 EDU Credits and the $500 EDU Credits shall be applied and/or Reimbursement Payments shall be made until the CHI-Provided Funds have been fully reimbursed and the CP Purchase Price fully paid.