Purchaser I definition

Purchaser I has adequate means of providing for his current needs and possible personal contingencies, and he has no need for liquidity of his investment in the Company; (ii) has a net worth sufficient to bear the risk of losing his entire investment; (iii) can bear the economic risk of losing his entire investment herein; and (iv) does not have an overall commitment to non-readily marketable investments which is disproportionate to his net worth and the investment subscribed for herein will not cause such overall commitment to become excessive.
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Purchaser I has the meaning set forth in the recitals.
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Purchaser I shall have the meaning set forth in the preamble.
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Examples of Purchaser I in a sentence

  • In connection therewith, Purchaser (I) shall diligently pursue resolution of the Outstanding Trade Payables and (II) shall not settle or compromise any Outstanding Trade Payable for less than the face amount thereof, unless in connection with such settlement or compromise, Seller, the Existing Loan Borrower and CBRE Realty Finance TRS, LLC (“CBF”) shall be released by the applicable Trade Creditor from any liability in respect of such Outstanding Trade Payable.

  • New Title Matters" as such term is used ----------------- herein shall mean only the following matters to the extent the same are not caused by Purchaser: (I) new matters which affect the title to the Land which were not set forth on the Title Commitment or the Survey, and (ii) any form of litigation or bankruptcy which is commenced or filed against Seller.

  • Declaration by Purchaser: I agree to the above terms and disclaimers required to receive SCR Coins during this Coin Sale.

  • Disposal of Convertible Notes I Date: 16 March 2012 (after trading hours) Vendor: Action Best Limited, an indirect wholly-owned subsidiary of the Company Purchaser I: ▇▇ ▇▇▇▇ Investment Management Limited Consideration I: The Consideration I for the sale of the Convertible Notes I is A$3,600,000 (approximately HK$29,404,000) (being 90% of the Issue Price of the Convertible Notes I) plus all interest accrued thereon up to the date of Completion and will be settled in cash on Completion.

  • There are no pending or, to the best of Purchaser I’s knowledge, threatened in writing claims or lawsuits of any kind, whether for personal injury, property damage, property taxes, landlord-tenant disputes or otherwise, against Purchaser I.

  • Re: The Flow Mortgage Loan Sale and Servicing Agreement dated as of March __, 2011(the “Agreement”), among SunTrust Mortgage, inc., as Seller and Servicer, and Redwood Residential Acquisition Corporation, as Purchaser I, ________________________________, the _____________________ of SunTrust Mortgage, Inc.

  • If, after the Closing Date, the Seller and Purchaser I obtain the necessary consent for the assignment or novation of a Government Contract for which an assignment or novation is required, then such Government Contract shall be deemed to be assigned and transferred to Purchaser I promptly after the Seller and Purchaser I obtain such consent or novation.

  • Should either party bring suit to enforce any of the terms of this Agreement, the prevailing party shall be entitled to recover court costs and reasonable attorneys' fees; however, any such suit prosecuted prior to the completion of a good faith mediation shall be considered premature and any such Court shall dismiss the case without prejudice pending the completion of mediation.

  • Subject to the terms and conditions of this Agreement, at the First Closing, the Purchasers shall purchase and the Company shall issue and deliver or cause to be delivered to each Purchaser I Notes for the principal amount set forth opposite the name of such Purchaser on Exhibit A hereto.

  • Promptly, and in any event within one (1) Business Day, after the SPV Purchaser I Assignment Effective Date, the Administrative Agent shall notify the Lenders of the aggregate principal amount of the Discounted Purchased Loans purchased by the SPV Purchaser on such date.


More Definitions of Purchaser I

Purchaser I has adequate means of providing for its current needs and possible contingencies, (ii) has no need for liquidity in its investment, (iii) is able to bear the economic risks of such investment, and (iv) at the present time, can afford a complete loss of such investment.
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Purchaser I. ▇▇ ▇▇▇▇ Investment Management Limited, a company incorporated in Hong Kong with limited liability, a wholly-owned subsidiary of Allied Group Limited (“AGL”) whose shares are listed on the Main Board of the Stock Exchange (Stock Code: 373) “Purchaser II” Attractive Gain Limited, a company incorporated in Hong Kong with limited liability, a wholly-owned subsidiary of Allied Overseas Limited (“AOL”) whose securities are listed on the Main Board of the Stock Exchange (Stock Code: 593)
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Purchaser I and “Purchaser II” shall hereinafter collectively be referred to as “Purchasers”
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Purchaser I has the meaning set forth in the definition of Trust Preferred Securities.
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Purchaser I hall indemnify and hold Seller hannless from any liens arising out of Purchaser's entry and inspection.
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Related to Purchaser I

  • 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.

  • 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.

  • 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

  • Buyer Initial s/ GRS /s/CMO Purchase Agreement for Marie Callender's - Hend▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇ll be allowed five (5) days after receipt of said commitment for examination and the making of any objections to marketability thereto, said objections to be made in writing or deemed waived. If any objections are so made, the Seller shall be allowed eighty (80) days to make such title marketable or in the alternative to obtain a commitment for insurable title insuring over Buyer's objections. If Sellers shall decide to make no efforts to make title marketable, or is unable to make title marketable or obtain insurable title, (after execution by Buyer of such documents reasonably requested by Seller to evidence the termination hereof) Buyer's First Payment shall be returned and this Agreement shall be null and void and of no further force and effect. Seller has no obligation to spend any funds or make any effort to satisfy Buyer's objections, if any. Pending satisfaction of Buyer's objections, the payments hereunder required shall be postponed, but upon satisfaction of Buyer's objections and within ten (10) days after written notice of satisfaction of Buyer's objections to the Buyer, the parties shall perform this Agreement according to its terms.