Facility Purchase Agreement definition
Examples of Facility Purchase Agreement in a sentence
All conditions in Article 9 of the Facility Purchase Agreement to the consummation of the “Closing” under, and as such term is defined in, the Facility Purchase Agreement shall have been fulfilled or waived in a manner acceptable to Purchaser, and Seller and Facility Purchaser shall be ready to and shall effect such Closing contemporaneously with the Closing under this Agreement.
All conditions in Article 8 of the Facility Purchase Agreement to the consummation of the “Closing” under, and as such term is defined in, the Facility Purchase Agreement shall have been fulfilled or waived in a manner acceptable to Purchaser, and Seller and Facility Purchaser shall be ready to and shall effect such Closing contemporaneously with the Closing under this Agreement.
The date on which Closing occurs is referred to as the “Closing Date.” The transactions contemplated by the Facility Purchase Agreement shall close simultaneously with the Closing of the Transactions and the consummation of each closing shall be a condition precedent to the other closing.
Upon the closing of such sale of the Cincinnati Facility by K&B, the Net Proceeds from such sale shall be paid to Lender by wire transfer of immediately available funds and applied first to the Term Loan and then to the other Obligations in accordance with Section 2.2(d), and Lender shall release its Mortgage on the Cincinnati Facility to the extent of "Parcel A" as defined in the Cincinnati Facility Purchase Agreement.
Kashiv, LLC shall have executed and delivered to Interpharm Real▇▇ ▇▇▇ Facility Purchase Agreement, and the closing of the transactions contemplated thereby shall have been consummated.
The Board is of the view that the Warehouse Facility Purchase Agreement and the Fire Protection System Construction Contract are on normal commercial terms, their terms are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
Applicant, Administrative Agent and the Issuing Banks are parties to a Facility Purchase Agreement dated as of September 3, 2010 (as amended by that certain Amendment No. 1 to Facility Purchase Agreement, dated March 4, 2013, and as amended hereby, and as may be further amended, restated, supplemented or otherwise modified from time to time, the “Purchase Agreement”) pursuant to which the Issuing Banks issued the Letter of Credit and made certain other financial accommodations to Applicant.
On or before April 14, 2006, LJH will enter into a Purchase and Sale Agreement with Fortress providing for the purchase of the Monroe/Fortress Facility by LJH on the terms and conditions stated therein (the "Monroe/Fortress Facility Purchase Agreement") in the form attached to this Agreement as Exhibit A, which terms include a cash payment to Fortress in respect of the principal, accrued interest, fees and expenses of Fortress of an amount not to exceed [$ ] (the "Monroe/Fortress Facility Purchase Price").
The Accounts Receivable Facility Purchase Agreement was terminated.
Assignor hereby assigns all of its rights in the Micro-Manufacturing Facility Purchase Agreement dated December 18, 1996 between Assignor and AO "GIRIYEY," a Russian corporation, to Assignee for the consideration of one dollar ($1.00).