Pure Cycle definition

Pure Cycle shall be defined to mean Pure Cycle Corporation, a Colorado corporation.
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Pure Cycle or "Mortgagor"), whose address is 5650 York Street, Com▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇ the Secured Party/Creditor and Pure Cycle is the Debtor. WITNESSETH, that in order to secure the payment of certain obligations under an agreement entitled Comprehensive Amendment Agreement No. 1 among Pure Cycle, the Land Board, and others dated April 11, 1996 (the "Comprehensive Agreement"), the Mortgagor does hereby grant, bargain, sell, convey, and assign unto the Mortgagee, its successors and assigns, the Export Water (as that term is defined in the Amended and Restated Lease Agreement No. S-38280, dated April 11, 1996, between Rangeview Metropolitan District, a quasi-municipal corporation and political subdivision of the State of Colorado, acting by and through its water activity enterprise, and the Land Board recorded with the Arapahoe County Clerk and Recorder at Book No. ________, Page No. ________ (Reception No. ________), which definition of Export Water is incorporated by this reference) which Export Water is located on and under that certain real property consisting of approximately 24,567.21 acres, more or less, according to U.S. Government Survey, in Arapahoe County, Colorado, more particularly described as follows (the "Lowry Range"): Township 5 South, Range 64 West of the 6th P.M., -------------------------------------------------------- Sections 7 through 10: all; Sections 15 through 22: all; Sections 27 through 34: all. Township 4 South, Range 65 West of the 6th P.M., -------------------------------------------------------- Sections 33: all and 34: all. Township 5 South, Range 65 West of the 6th P.M., -------------------------------------------------------- Section 3: all; Sections 10 through 15: all, less certain surface rights granted for the Aurora Reservoir (but including the water under the Aurora Reservoir) in Section 15; Sections 22 through 27: all, less certain surface rights granted for the Aurora Reservoir (but including the water under the Aurora Reservoir) in Section 22; Sections 35 and 36: all; Section 34: north 2,183.19 feet. Township 5 South, Range 66 West of the 6th P.M., -------------------------------------------------------- Section 36: all (a street address of the Lowry Range does not ▇▇▇▇▇); TO HAVE AND TO HOLD the same, together with all and singular the privileges and appurtenances thereunto belonging forever; provided always, that if the Mortgagor or its successor or assigns shall pay or cause to be paid to the Mor...
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Examples of Pure Cycle in a sentence

  • Each of the covenants, representations and warranties of the Seller and Pure Cycle made herein shall survive the Closing.

  • Seller has read and understands the public filings made by Pure Cycle with the Securities and Exchange Commission.

  • Upon payment to Seller of the Consideration, all rights of Seller relating in any way to the CAA will be owned by Pure Cycle.

  • Pure Cycle has offered to purchase from Seller its rights to receive all payments under the CAA at a discount to the face amount of the Gross Proceeds to be received, and Seller has accepted the offer, on and subject to the terms set forth herein.

  • Seller owns the transferred interest, and passes to Pure Cycle good and marketable title to the transferred interest, free and clear of any lien, encumbrance, pledge, option, charge or assessment of any kind.

  • Pure Cycle and the Seller agree that this Agreement constitutes an assignment to Pure Cycle of all of Seller’s rights, title and interest in and to the CAA as of the date hereof, and as of the date hereof, the Seller shall cease to possess any rights with respect to the CAA.

  • Seller acknowledges that the Consideration being paid hereunder represents an arms’ length negotiation between Pure Cycle and Seller and represents the fair market value of transferred interest.

  • Seller has made an investigation of the pertinent facts related to Pure Cycle and the likelihood of payment under the CAA and has reviewed all information regarding Pure Cycle to the extent it deems necessary in order to be fully informed with respect thereto.

  • In addition, Seller has been given the opportunity to solicit from Pure Cycle all information relevant to valuation of rights under the CAA, and has received all the information requested.

  • Pure Cycle hereby accepts the transferred interest and assumes all of the rights, obligations, and responsibilities of Seller under the CAA.

Related to Pure Cycle

  • The Vendor means the person, firm, company or organization on whom the Purchase Order is placed and shall be deemed to include the vendor’s successors, representative heirs, executors and administrator as the case may be. It may also be referred to as Seller, Contractor or Supplier.

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

  • LEC means any Carrier that is engaged in the provision of telephone Exchange Service or Exchange Access. Such term does not include a Carrier insofar as such Carrier is engaged in the provision of a commercial mobile service under Section 332(c) of the Act, except to the extent that the FCC finds that such service should be included in the definition of such term.

  • Buyer has the meaning set forth in the preamble.

  • Purchaser means the organization purchasing the goods.