Purchaser Interests definition

Purchaser Interests has the meaning assigned to such term in the definition of "Receivables Purchase Facility" contained in this Section 1.01.
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Purchaser Interests means membership interests of Purchaser.
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Purchaser Interests has the meaning set forth in the recitals hereto.
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Examples of Purchaser Interests in a sentence

  • Seller shall ensure that the Purchaser Interests of the Purchasers shall at no time exceed in the aggregate 100%.

  • Seller desires to transfer and assign Purchaser Interests to the Purchasers from time to time.

  • With respect to the acquisition of Purchaser Interests pursuant to this Agreement, the Agent shall have the same rights and powers under this Agreement in its individual capacity as any Purchaser and may exercise the same as though it were not the Agent, and the terms "Financial Institution," "Purchaser," "Financial Institutions" and "Purchasers" shall include the Agent in its individual capacity.

  • Conduit may, in its absolute and sole discretion, purchase Purchaser Interests from Seller from time to time.

  • In the event that Conduit declines to make any purchase, the Financial Institutions shall, at the request of Seller, purchase Purchaser Interests from time to time.

  • Any Financial Institution may, in the ordinary course of its business at any time sell to one or more Persons (each a “Participant”) participating interests in its Pro Rata Share of the Purchaser Interests of the Financial Institutions in such Financial Institution’s Purchaser Group or any other interest of such Financial Institution hereunder.

  • Each Financial Institution’s Commitment hereunder shall be limited to purchasing Purchaser Interests that the Company in such Financial Institution’s Purchaser Group has declined to purchase.

  • Upon the terms and subject to the conditions hereof, Seller may, at its option, sell and assign Purchaser Interests to the Agent for the benefit of one or more of the Purchasers.

  • If the aggregate of the Purchaser Interests of the Purchasers exceeds 100%, Seller shall pay to the Agent within one (1) Business Day an amount to be applied to reduce the Aggregate Capital (as allocated by the Agent), such that after giving effect to such payment the aggregate of the Purchaser Interests equals or is less than 100%.

  • Without limiting the foregoing, each Seller will, upon the request of the Agent or the Required Purchasers, execute and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments and documents, that may be necessary or desirable, or that the Agent may reasonably request, to perfect, protect or evidence such Purchaser Interests.


More Definitions of Purchaser Interests

Purchaser Interests means the relevant member of the Purchaser Group’s entire legal and beneficial right, title and interest in any petroleum assets (including exploration rights), under the Purchaser Interest Documents, any petroleum field, and any vessel, facility, pipeline, infrastructure or equipment which is designed for the exploitation, development, transportation or operation of any of the same, and all present and future interests in any such Purchaser Interest Document, petroleum field, vessel, facility, pipeline, infrastructure or equipment (including (i) the right to take and receive a consequent share of all petroleum produced under the Purchaser Interest Document on and after the date of this Agreement and to receive the gross proceeds from the sale or other disposition thereof; (ii) a consequent share of the relevant member of the Purchaser Group’s right, title and interest in and to jointly owned funds, jointly owned property and all other assets which are or may be owned pursuant to or under any of the relevant Purchaser Interest Documents; and (iii) all rights, liabilities and obligations under the Purchaser Interest Documents), in each case in which any member of the Purchaser Group has an interest from time to time;
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Purchaser Interests has the meaning ascribed thereto in Section 4.1(z).
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Purchaser Interests means the relevant member of the Purchaser Group’s entire legal and beneficial right, title and interest in and under the Purchaser Interest Documents, and any petroleum field, any vessel or equipment which is designed for the exploitation, development, transportation or operation of any of the same, and all present and future interests in any such Purchaser Interest Document, petroleum field, vessel or equipment (including (i) the right to take and receive a consequent share of all petroleum produced under the Purchaser Interest Document on and after the date of this Agreement and to receive the gross proceeds from the sale or other disposition thereof; (ii) a consequent share of the relevant member of the Purchaser Group’s right, title and interest in and to jointly owned funds, jointly owned property and all other assets which are or may be owned pursuant to or under any of the relevant Purchaser Interest Documents; and (iii) all rights, liabilities and obligations under the Purchaser Interest Documents), in each case in which any member of the Purchaser Group has an interest from time to time;
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Related to Purchaser Interests

  • 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.

  • Other Interests means the legal or equitable estates or interests and other rights in relation to the determination area described in Schedule Five and referred to in paragraph 14;

  • Transferred Interests has the meaning set forth in the Recitals.

  • Purchased Interests has the meaning set forth in the Recitals.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Water interest means any right to the beneficial use of water, including:

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Available Investor Principal Collections means with respect to any Monthly Period, an amount equal to (a) the Investor Principal Collections for such Monthly Period, minus (b) the amount of Reallocated Principal Collections with respect to such Monthly Period which pursuant to Section 4.11 are required to fund the Class A Note Interest Requirement, the Class B Note Interest Requirement and the Net Investor Servicing Fee, plus (c) the amount of Shared Principal Collections with respect to other Series that are allocated to Series 2003-1 in accordance with subsection 4.12(b).

  • Membership Interests has the meaning set forth in the recitals.

  • 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.

  • Aggregate Voting Interests The aggregate of the Voting Interests of all the Certificates under this Agreement.

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as:

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Investor Certificates means the Class A Certificates, the Class B Certificates and the Collateral Interest.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Investor Interest Collections means, for a Deposit Date or Collection Period, an amount equal to the product of (a) the Floating Investor Percentage for the related Collection Period, times (b) the Interest Collections for that Deposit Date or Collection Period, as applicable.

  • Offered Interests has the meaning set forth in Section 8.5(a).

  • Series Invested Amount means the Initial Invested Amount.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Investor Principal Collections means, with respect to any Monthly Period, the aggregate amount retained in the Collection Account for Series 2007-A pursuant to Section 4.01(c)(ii) for such Monthly Period.

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and