Standby Purchase Agreement definition

Standby Purchase Agreement. The Notes shall have the benefit of the Standby Purchase Agreement in the manner provided in Article 3 of this Fifth Supplemental Indenture.

Standby Purchase Agreement has the meaning set forth in the Recitals hereto.

Standby Purchase Agreement means an agreement by and between the I-Bank and another person, pursuant to which such person is obligated to purchase an Option Bond tendered for purchase and not remarketed to another purchaser.

Examples of Standby Purchase Agreement in a sentence

• For the avoidance of doubt, the obligation of Softbank under this Section 3 shall remain in full force and effect notwithstanding the termination of the Standby Purchase Agreement, the Distribution Agreement or the Amended Alliance Agreement (including, without limitation, the Attachment and Addendum) or the occurrence of a Modification Event or a Payment Failure (as such terms are defined in the Distribution Agreement).

• SBEC’s obligation to fully and promptly make all Shortfall Payments is and shall remain unconditional and irrevocable notwithstanding any breach or termination of this Standby Purchase Agreement, the Amended Master Alliance Agreement or any related agreements or obligations or the occurrence of a Modification Event (as defined in the Shareholders Agreement) or Payment Failure (as defined in the Distribution Agreement dated as of the date hereof between Ariba, Inc.

• The validity, construction and enforceability of this Standby Purchase Agreement and all related agreements, collectively or separately, shall be governed by and construed in accordance with the laws of the State of California.

• Please indicate your acceptance of the foregoing by signing this Standby Purchase Agreement in the space provided below.

• Any right to enforce any obligation under this Standby Purchase Agreement or any other agreement shall not affect the waivers of SBEC set forth in this Section 6.

More Definitions of Standby Purchase Agreement

Standby Purchase Agreement shall have the meaning assigned to such term in the recitals.

Standby Purchase Agreement means an agreement by and between the Authority and another person or by and among the Authority, the City and another person, pursuant to which such person is obligated to purchase an Option Bond tendered for purchase;

Standby Purchase Agreement shall have the meaning set forth in the first “WHEREAS” clause.

Standby Purchase Agreement has the meaning set forth in Section 3.14.

Standby Purchase Agreement means the Standby Purchase Agreement dated as of July 16, 2007, by and among the Corporation and the Investors, as amended, supplemented or otherwise modified from time to time.

Standby Purchase Agreement means the standby stock purchase agreement entered into by the Company, Vericity and the Standby Purchaser pursuant to which the Standby Purchaser has agreed to purchase any shares not subscribed for in the Subscription Offering up to the Minimum of the Valuation Range, and may purchase additional shares up to 51% of the shares sold in the Offerings, provided that no shares in excess of the Maximum of the Valuation Range may be sold in the Offerings.

Standby Purchase Agreement means the Amended and Restated Standby Purchase Agreement of even date herewith between State Auto Financial and the Borrower, as the same shall be modified and supplemented and in effect from time to time.