Promise to Purchase definition

Promise to Purchase means the promise submitted by the Customer to the Bank, in the form acceptable to the Bank, to purchase the Assets in accordance with Clause 4.2.1;
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Promise to Purchase means our promise to purchase Commodities from you in
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Promise to Purchase means, in relation to an Islamic Murabaha Transaction, a unilateral undertaking issued by the Promissor irrevocably undertaking to purchase the Purchase Goods from the Beneficiary by concluding an Islamic Murabaha Transaction, at the sole option and exercise of the Beneficiary thereunder, substantially in the form set out under Schedule 1 hereof.
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Examples of Promise to Purchase in a sentence

  • Prior to entering into any Murabaha Contract, Party A shall submit a Purchase Instruction with Promise to Purchase to Party B no later than the Specified Time (or such other time as Party A and Party B may agree), confirming that it shall, subject to receiving a duly completed Acknowledgment from Party B, purchase Commodities and requesting Party B to undertake to buy such Commodities once purchased by (or on behalf of) Party A.

  • If Party B agrees to be bound by the terms of the Purchase Instruction with Promise to Purchase, Party B shall sign the Acknowledgement and return this to Party A no later than the Specified Time (or such other time as Party A and Party B may agree).

  • An MPO contract refers to an agreement whereby the bank sells to a customer at cost (as above) plus an agreed profit margin, a specified kind of asset that has been purchased and acquired by the bank based on a Promise to Purchase (PP) by the customer which can be a binding or non-binding PP.

  • In calculating any time periods under this Promise to Purchase: a) the first day of the period shall not be taken into account, but the last one shall; b) the non-juridical days, i.e. Saturdays, Sundays and public holidays, shall be taken into account; and c) whenever the last day is a non-juridical day, the period shall be extended to the next juridical day.

  • Dutyholders under Regulation 22 of the Nuclear Industries Security Regulations 2003 (‘NISR 2003’) [1] may also use the ONRs Security Assessment Principles (SyAPs) [2] as the basis for Cyber Security and Information Assurance (CS&IA) documentation that helps them demonstrate ongoing legal compliance for the protection of Sensitive Nuclear Information (SNI).

  • This Letter of Intent will serve to confirm an agreement (the “Agreement”) to allow the parties to execute a promise to purchase agreement (the Promise to Purchase Agreement) in accordance to the terms contained in paragraph one of article 169 of the Mining Code, which states that it will be optional for the Promisee Purchaser to celebrate or not celebrate the Promised Purchase Agreement (the Promised Purchase Agreement).

  • Media Reseaux Marne S.A. ------------------------ Shareholders' Agreement dated as of January 16, 1996, including the Irrevocable Promise to Purchase.

  • Pursuant to the Agency Agreement, the Agent (on behalf of the Customer) shall act for and on behalf of the Customer and issue the relevant documentation on the DMCC Tradeflow (Islamic) platform in relation to the Commodity Murabaha Facility, including the entry into the Murabaha documentation and creating a Murabaha (in accordance with the terms set out in the Promise to Purchase) (the Murabaha).

  • Instead of a Purchase & Sale Agreement (common in the United States), the buyer and seller initially sign a Promise to Purchase (the property) Contract.

  • The first version of the website is usually made with them and the layout colours defined.


More Definitions of Promise to Purchase

Promise to Purchase means a promise from the Client to the Bank set out in a separate document
Sample 1
Promise to Purchase means our promise to purchase Commodities from you in the form set out in Schedule 1 (Form of Promise to Purchase).
Sample 1

Related to Promise to Purchase

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Law relating to a public servant s office or employment” means a law that specifically applies to a person acting in the capacity of a public servant and that directly or indirectly imposes a duty on the public servant or governs the conduct of the public servant. Penal Code 39.01(1)

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Price to Public means $1,000 per Bond.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

  • NOTICE TO PURCHASERS The information provided is the representation of the Sellers and is based upon the actual knowledge of Sellers as of the date noted. Disclosure by the Sellers is not a substitute for an inspection by an independent home inspection company, and you may wish to obtain such an inspection. The information contained in this statement is not a warranty by the Sellers as to the condition of the property of which the Sellers have no knowledge or other conditions of which the Sellers have no actual knowledge. Rev 03-30-2020 How long have you owned the property? Water Supply Public Well Other Sewage Disposal Public Septic System approved for (# bedrooms) Other Type Garbage Disposal Yes No Dishwasher Yes No Heating Oil Natural Gas Electric Heat Pump Age Other Air Conditioning Oil Natural Gas Electric Heat Pump Age Other Hot Water Oil Natural Gas Electric Capacity Age Please indicate your actual knowledge with respect to the following: Other

  • Stock Purchase has the meaning set forth in the Recitals.

  • at the individual request of a recipient of services means that the service is provided through the transmission of data on individual request.

  • Condition of the Company means the assets, business, properties, operations or condition (financial or otherwise) of the Company and its Subsidiaries, taken as a whole.

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Offer to Purchase means an offer to purchase Notes by the Company from the Holders commenced by mailing a notice to the Trustee and each Holder stating:

  • Optional Repurchase is defined in Section 5.1(b).

  • Grant Offer Letter means the letter the Authority issued to the Grant Recipient dated [ ], a copy of which is set out in Annex 1 Part A;

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Right of First Refusal Agreement means the Right of First Refusal Agreement, dated as of August 4, 2017, among the Partnership, the Operating Partnership and NextEra Energy Resources, LLC.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Amendment to Allege Use or similar filing with respect thereto, by the United States Patent and Trademark Office, only to the extent, if any, that, and solely during the period if any, in which, the grant of a security interest therein may impair the validity or enforceability of such intent-to-use (or similar) Trademark application under applicable federal Law,

  • Statement of Grievance shall name the grievant(s) involved, the facts giving rise to the grievance, the provision(s) of the Agreement alleged to be violated, and the remedy (specific relief) requested.

  • converted employment and support allowance means an employment and support allowance which is not income-related and to which a person is entitled as a result of a conversion decision within the meaning of the Employment and Support Allowance (Existing Awards) Regulations 2008;

  • Share Repurchase means the purchase, repurchase, redemption or other acquisition by Borrower from any Person of any capital stock or other equity interest of Borrower.

  • Delivery into consignees store or to his site means delivered and unloaded in the specified store or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.

  • Ready-to-eat food means food that is in a form that is edible without washing, cooking, or additional preparation by the food establishment or the consumer and that is reasonably expected to be consumed in that form. Ready-to-eat food includes:

  • Stock Purchase Plan means the employee stock purchase plan to be established by Water Pik pursuant to Section 2.2.

  • Service or Element Description Recurring Charges: Non-Recurring Charges: