Obligation to Purchase definition

Obligation to Purchase means the obligation of Montgomery County to purchase its membership interest in the Authority, the terms of which are described in Section 6.3.
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Examples of Obligation to Purchase in a sentence

  • Section 5.01 Conditions to the Purchaser's Obligation to Purchase the Shares.

  • Section 5.1 Conditions to Purchaser's Obligation to Purchase Notes.............................

  • Generally 20 6.2 Continuation of the Company 21 6.3 No Obligation to Purchase Unit Holder’s Interest 22 6.4 Waiver of Dissenters’ Rights 22 SECTION 7 ACCOUNTING, BOOKS AND RECORDS 22 7.1 Accounting, Books and Records 22 7.2 Financial Statements 22 7.3 Tax Matters 22 7.4 Delivery to Unit Holders and Inspection 23 SECTION 8 AMENDMENTS; UNIT HOLDER MEETINGS 23 8.1 Amendments 23 8.2 Meetings.

  • SECTION 10.2. Obligation to Purchase Project ................................................................

  • Lessor shall have ten (10) business days after the provision of store level operating statements for the fifth Lease Year within which to exercise this Mandatory Obligation to Purchase, if Lessee shall have failed the Store Level Net Income Test.

  • SECTION 5.2. Conditions to the Purchaser's Obligation to Purchase the Shares and the Warrants.

  • D-10 3.16 No Obligation to Purchase Units ...........................................

  • SECTION 5.1. Conditions Precedent to the Purchaser's Obligation to Purchase.

  • Obligation to Purchase during Existence of Put Condition....................

  • The Company’s Obligation to Purchase the Securities Upon a Change in Control.