Examples of Purchaser Assignee in a sentence
Subject to any limitations in any agreement between Assignee and Purchaser, Assignee may, upon notice of Purchaser's default as provided in Section 3(b) hereof, directly enforce and exercise such rights under this Agreement that have been assigned or pledged to it and, until otherwise notified by Assignee, Purchaser shall no longer have any of such rights.
No such apportionment by the Purchaser shall (i) relieve Purchaser or any other Purchaser Assignee, as applicable, of any of Purchaser’s or any other Purchaser Assignee’s obligations under this Agreement, or (ii) confer upon any Purchaser Assignee any rights of Purchaser under this Agreement (other than such right to purchase Issued Shares).
Accredited Purchaser; Assignee represents that it is an “Accredited Investor” as defined in Regulation D under the Securities Act of 1933.
Purchaser may, in its discretion, assign its rights and delegate its duties under this Agreement to a legal entity controlling, controlled by, or under common control with, Purchaser ("Assignee"); provided, however, that notwithstanding any such assignment, the Purchaser named in this Agreement and Assignee shall be jointly and severally liable for all obligations of "Purchaser" hereunder.
The foregoing notwithstanding, prior to the Closing Date, Parent and/or Purchaser may assign their rights and delegate their obligations hereunder, including rights and obligations relating to Merger Sub, to any direct or indirect wholly-owned Subsidiary of Parent and/or Purchaser ("Assignee") (in which case Parent and/or Purchaser, as applicable, shall maintain its/their obligations jointly with such Assignee).
An assignment to a Purchaser Assignee shall be entered into among Purchaser Subsidiary, Purchaser Assignee, and the parent entity of Purchaser Subsidiary (the “Assignee Parent”) reasonably satisfactory to Seller and Bank.
Purchaser has indicated that it intends to assign its obligations under this Agreement to a Purchaser Subsidiary and that the Purchaser Subsidiary further intends to assign its obligations under this Agreement to a Purchaser Assignee prior to the Closing.
Notwithstanding anything to the contrary herein, each of the Issuer, the Servicer and the Trustee shall be entitled to withhold any amount that it reasonably determines is required to be withheld pursuant to Section 1446 of the Code, and such amount shall be deemed to have been paid to the Class C Purchaser, Assignee or Participant for all purposes of the Agreement.
At the Closing, the Company, Holdings, each Purchaser and each Purchaser Assignee, if any, shall each execute and deliver the Shareholders’ Agreement, substantially in the form attached hereto as Exhibit B, and the Company, Holdings, each Purchaser and each Purchaser Assignee, if any, shall execute and deliver a joinder to the Registration Agreement, substantially in the form attached hereto as Exhibit C (the “Joinder Agreement”).
In the event this Agreement is assigned in accordance with this Section, the Purchaser need not deliver any of the organizational documents called for under Section 5 at Closing; rather, such corresponding documents will be delivered with respect to the Purchaser Assignee.