Purchasing Purchaser definition
Examples of Purchasing Purchaser in a sentence
Each Purchasing Purchaser shall pay a fee of $4,000 to the Agent.
Thereafter the Purchasing Purchaser shall for all purposes be a Purchaser party to this Agreement and shall have all the rights and obligations of a Purchaser (including, without limitation, the applicable obligations of a related Purchaser) under this Agreement to the same extent as if it were an original party hereto and no further consent or action by Seller, the Purchasers or Agent shall be required.
Thereafter the Purchasing Purchaser shall for all purposes be a Purchaser party to this Agreement and shall have all the rights and obligations of a Purchaser (including, without limitation, the applicable obligations of a Related Purchaser) under this Agreement to the same extent as if it were an original party hereto and no further consent or action by Seller, the Purchasers or Agent shall be required.
Very truly yours, [______, as a Funding Agent] By: Name: Title: By: Name: Title: TRANSFER SUPPLEMENT, dated as of the date set forth in Item 1 of Schedule I hereto (this “Supplement”), among the transferor Purchaser set forth in Item 2 of Schedule I hereto (the “Transferor Purchaser”), the Purchasing Purchaser set forth in Item 3 of Schedule I hereto (the “Purchasing Purchaser”), and [Servicer].
Purchasing Purchaser and Purchasing Investor, in their respective capacities as a Purchaser and ▇▇ ▇▇▇▇ Trust Investor, hereby appoint and authorize New Purchaser Agent as the Purchaser Agent for the New Purchaser Group to take such action as agent on its behalf and to exercise such powers and discretion under the Purchase Agreement and the other Related Documents as are delegated to a Purchaser Agent by the terms thereof, together with such powers and discretion as are reasonably incidental thereto.
Subject to clause (iii) of this subsection, any such assignment among Purchasers shall be evidenced by an Assignment and Assumption Agreement substantially in the form of Annex C with any changes as have been approved by the parties thereto and the consenting parties (each, an “Assignment Agreement”), duly executed by the applicable Purchasing Purchaser and assigning Purchaser and duly executed as consenting parties by the related Purchaser Agents and the Administrative Agent.
Any new Purchaser Agent for a Purchasing Purchaser shall also have the rights and obligations of a “Purchaser Agent” upon execution of any applicable Assignment Agreement as a consenting party.
Each Purchaser that assigns (other than a collateral assignment or participation) or transfers all or part of its rights and interests hereunder to a Purchasing Purchaser shall be required to provide the Administrative Agent with notice of such assignment in order for the Purchasing Purchaser’s assumed Capital, Commitment (if any), rights in the Subject Property, and other rights and interests to be reflected in the Register.
New Products Purchasing Purchaser will be responsible for providing forecasts and purchase orders.
The Assignment Agreement shall be an amendment hereof only to the extent necessary to reflect the addition of any such new Purchasing Purchaser and any new Purchaser Agent and Purchaser Group.