Purchaser Funds definition

Purchaser Funds has the meaning given in Section 9.4.2.
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Purchaser Funds has the meaning given to such term in Section 7.3 of this Agreement.
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Examples of Purchaser Funds in a sentence

  • Seller hereby designates Purchaser as its true and lawful attorney-in-fact, with full power of substitution, to execute or endorse for the benefit of Purchaser any checks, notes or other documents received by Seller in connection with the Purchaser Funds.

  • The consummation of the transaction contemplated herein (“Closing”) shall occur on the Closing Date at the offices of Escrow Agent (or such other location as may be mutually agreed upon by Seller and Purchaser), Funds shall be deposited into and held by Escrow Agent in a closing escrow account with a bank satisfactory to Purchaser and Sellers.

  • Qualified Purchaser Funds (3(c)7)funds) securities of an open-end management type investment company or investment fund advised by a Registered Advisor under rule 3(c)(7) of the Federal Investment Company Act of 1940, provided that the funds investment guidelines state that the fund will seek to maintain a $1 per share net position value.

  • No executive officer of the Purchaser has any reason to believe that the Constituent Corporations will not be able to have full access to the Purchaser Funds as and when required.

  • The Partnership hereby designates Purchaser as its true and lawful attorney-in-fact, with full power of substitution, to execute or endorse for the benefit of Purchaser any checks, notes or other documents received by the Partnership in connection with the Purchaser Funds.

  • In addition, Escrow Agent shall return all of the Purchaser Funds to Purchaser by wire transfer as directed by Xxxxxxxxx.

  • As at the Execution Date the Purchaser has Purchaser Funds of $115.0 million, and on the Settlement Date, the Purchaser will have not less than the Minimum Amount in the trust account and such Purchaser Funds are held by a bank of recognised financial responsibility which has not had a Insolvency Event.

  • If, on or before the Merger Implementation Date, a Material Adverse Effect on the profitability or value of the Purchaser Shares or the Consideration Shares, or the available Purchaser Funds shall have occurred, the Purchaser must, immediately upon becoming aware of that event, give written notice to White Energy fully describing the event.

  • As at the Execution Date, the Purchaser has Purchaser Funds of $115.0 million, and on the Second Court Date, the Purchaser will have not less than the Minimum Amount and (unless otherwise agreed by White Energy) not more than the Maximum Amount in the trust account and such Purchaser Funds are held by a bank of recognised financial responsibility which has not had a Insolvency Event.

  • Qualified Purchaser Funds (3(c)7)funds) securities of an open-end management type investment company or investment fund advised by a Registered Advisor under rule 3(c)(7) of the Federal Investment Company Act of 1940, provided that the funds investment guidelines state that the fund will seek to maintain a $1 per share net asset value.

Related to Purchaser Funds

  • Purchasers is defined in Section 12.3.1.

  • Purchaser/ User means ultimate recipient of goods and services

  • Purchaser Group means, at any time, the group of companies comprised of the Purchasers, the Guarantor and the Guarantor’s subsidiaries at that time.

  • Purchaser means the organization purchasing the goods.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.

  • Purchaser Interest means, at any time, an undivided percentage ownership interest (computed as set forth below) associated with a designated amount of Capital, selected pursuant to the terms and conditions hereof in (i) each Receivable arising prior to the time of the most recent computation or recomputation of such undivided interest, (ii) all Related Security with respect to each such Receivable, and (iii) all Collections with respect to, and other proceeds of, each such Receivable. Each such undivided percentage interest shall equal: where: C = the Capital of such Purchaser Interest. AR = the Aggregate Reserves. NRB = the Net Receivables Balance. Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the Amortization Date, each Purchaser Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. The variable percentage represented by any Purchaser Interest as computed (or deemed recomputed) as of the close of the business day immediately preceding the Amortization Date shall remain constant at all times thereafter.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Purchaser’s Representatives shall have the meaning ascribed to it in Section 6(a) herein.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Purchaser Fundamental Representations means the representations and warranties of Purchaser set forth in Section 4.01, Section 4.02, Section 4.03 and Section 4.07.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Purchased Student Loan means a Trust Student Loan which is, as of the close of business on the last, day of a Collection Period, purchased by the Servicer pursuant to Section 3.05 of the Servicing Agreement or repurchased by the Depositor pursuant to Section 6.01 of the Sale Agreement or purchased by the Sellers pursuant to Section 6.01 of the Purchase Agreements.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Purchaser’s Group means the Purchaser, its subsidiaries and subsidiary undertakings, any holding company of the Purchaser and all other subsidiaries of any such holding company from time to time;

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.

  • Purchaser Parent has the meaning set forth in the Preamble.

  • Forward Purchaser has the meaning set forth in the introductory paragraph of this Agreement.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Additional Purchasers means purchasers of Additional Notes.