Agent’s Right to Purchase Sample Clauses

The "Agent's Right to Purchase" clause grants the agent the explicit right to buy certain goods, property, or interests under specified terms. Typically, this clause outlines the conditions under which the agent may exercise this right, such as timeframes, pricing mechanisms, or priority over other buyers. Its core function is to provide the agent with a preferential or guaranteed opportunity to acquire the subject matter, thereby incentivizing the agent's involvement and clarifying purchase rights to prevent disputes.
Agent’s Right to Purchase. Unless Credit Parties provide Agent with evidence of the insurance coverage required by this Agreement, Agent may purchase insurance at Credit Parties’ expense to protect Agent’s and Lenders’ interests in Credit Parties’ and their Subsidiaries’ Properties. This insurance need not protect Credit Parties’ and their Subsidiaries’ interests. The coverage that Agent purchases may not pay any claim that any Credit Party or any Subsidiary makes or any claim that is made against such Credit Party or any Subsidiary in connection with said Property. Borrowers may later cancel any insurance purchased by Agent, but only after providing Agent with evidence that insurance has been obtained as required by this Agreement. If Agent purchases insurance, Credit Parties will be responsible for the costs of that insurance, including interest and any other charges Agent may impose in connection with the placement of insurance, until the effective date of the cancellation or expiration of the insurance. The costs of the insurance shall be added to the Obligations. The costs of the insurance may be more than the cost of insurance Credit Parties may be able to obtain on their own.
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Agent’s Right to Purchase. Upon the occurrence of an Event of Default and upon the written request of Agent, which shall be received by Owner and any Assignee not later than fifteen (15) Business Days subsequent to receipt by Agent of notice (an "Event of Default Notice") from Owner or any Assignee pursuant to this Agreement that an Event of Default has occurred, Agent shall have the right, but not the obligation, not later than thirty (30) Business Days after Agent receives the notice of the Event of Default from Owner or any Assignee, to purchase all Units at a price equal to the Unit Acquisition Cost for such Units; provided that the purchase option contained in this paragraph shall only be available to Agent if the purchase price and all other amounts paid by Agent would not in the circumstances in which such payment is made constitute a preferential payment or a voidable transfer pursuant to the provisions of the Federal Bankruptcy Code in a bankruptcy proceeding by or against Agent and will not otherwise result in the payment being subject to recapture from Owner. In connection with, and as a condition to, the purchase of all Units pursuant hereto, (i) Agent shall pay at the time of purchase, in addition to the Unit Acquisition Cost, all other amounts payable by Agent under this Agreement, including, without limitation, all Accrued Default Obligations, and all transfer taxes, transfer gains taxes, mortgage recording tax, if any, recording and filing fees and all other similar taxes, fees, expenses and closing costs (including reasonable attorneys' fees) in connection with the conveyance of such Unit to Agent and all other amounts owing hereunder, and (ii) when Owner transfers title, such transfer shall be on an as-is, non-installment sale basis, without warranty by, or recourse to, Owner, except that such title shall be free of any Liens resulting from Owner's willful or knowing act or omission.
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Agent’s Right to Purchase. 52 Exhibit A The Lease Agreement Exhibit B Form of AFL Unit Leasing Record Exhibit C Form of Acquisition Certificate Exhibit D Form of Interim Advance Exhibit E Form of Certificate of Substantial Completion Exhibit F Form of Certificate of Increased Cost Exhibit G Unit FF&E Specifications Exhibit H Environmental Certificate Exhibit I Operating Agreement Exhibit J Description of the Ammonia Project Exhibit K Project Parcel Exhibit L Draft of Construction Agreements for Ammonia Project Exhibit M-1 Electricity Supply Agreement Exhibit M-2 Water Supply Agreement Exhibit M-3 Form of Savonetta Pier User Agreement Exhibit N Description of OSHA Litigation Exhibit O Form of AIA Document G722
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Agent’s Right to Purchase. Upon the occurrence of an Event of Default and upon the written request of Agent, which shall be received by Owner and any Assignee not later than fifteen (15) Business Days subsequent to receipt by Agent of notice (an "Event of Default Notice") from Owner or any Assignee pursuant to this Agreement that an Event of Default has occurred, Agent shall have the right, but not the obligation, not later than thirty (30)
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Agent’s Right to Purchase 
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Related to Agent’s Right to Purchase

  • Right to Purchase Section 11.23

  • Agent’s Rights The Agent may: 16.4.1 in the exercise of any right, remedy, power or discretion in relation to any matter, or in any context, not expressly provided for by this Agreement or any of the other Security Documents, act or, as the case may be, refrain from acting (or authorise the Security Agent to act or refrain from acting) in accordance with the instructions of the Banks and shall be fully protected in so doing; 16.4.2 unless and until it shall have received directions from the Majority Banks, take such action or, as the case may be, refrain from taking such action (or authorise the Security Agent to take or refrain from taking such action) in respect of a Default of which the Agent has actual knowledge as it shall deem advisable in the best interests of the Banks and the Swap Provider (but shall not be obliged to do so); 16.4.3 refrain from acting (or authorise the Security Agent to refrain from acting) in accordance with any instructions of the Banks to institute any legal proceedings arising out of or in connection with this Agreement or any of the other Security Documents until it and/or the Security Agent has been indemnified and/or secured to its satisfaction against any and all costs, expenses or liabilities (including legal fees) which it would or might incur as a result; 16.4.4 deem and treat (i) each Bank as the person entitled to the benefit of the Contribution of such Bank for all purposes of this Agreement unless and until a notice shall have been filed with the Agent pursuant to clause 15.3 and shall have become effective, and (ii) the office set opposite the name of each of the Banks in schedule 1 to be such Bank’s lending office, unless and until a written notice of change of lending office shall have been received by the Agent and the Agent may act upon any such notice unless and until the same is superseded by a further such notice; 16.4.5 rely as to matters of fact which might reasonably be expected to be within the knowledge of any Security Party upon a certificate signed by any director or officer of the relevant Security Party on behalf of the relevant Security Party; and 16.4.6 do anything which is in its opinion necessary or desirable to comply with any law or regulation in any jurisdiction.

  • STUDENT’S RIGHT TO CANCEL You have the right to cancel this agreement and obtain a refund of charges paid through the attendance at the first class session, or the seventh day after enrollment, whichever is later.

  • Right to Opt Out IF YOU DO NOT WISH TO ARBITRATE DISPUTES YOU MAY DECLINE TO HAVE YOUR DISPUTES WITH US ARBITRATED BY NOTIFYING US IN WRITING WITHIN 30 DAYS OF THE LATER OF YOUR FIRST ACCESS TO OR USE OF THE SITES, BY MAIL TO ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇. YOUR WRITTEN NOTIFICATION TO US MUST INCLUDE YOUR NAME, ADDRESS AND TELEPHONE NUMBER AS WELL AS A CLEAR STATEMENT THAT YOU DO NOT WISH TO RESOLVE DISPUTES WITH YS THROUGH ARBITRATION. YOUR DECISION TO OPT OUT OF THIS ARBITRATION PROVISION WILL HAVE NO ADVERSE EFFECT ON YOUR RELATIONSHIP WITH US OR PRODUCTS AND SERVICES PROVIDED BY US.

  • Holder’s Right to Transfer If all of the Shares proposed in the Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section, then the Holder may sell or otherwise transfer such Shares to that Proposed Transferee at the Offered Price or at a higher price, provided that such sale or other transfer is consummated within 120 days after the date of the Notice, that any such sale or other transfer is effected in accordance with any applicable securities laws and that the Proposed Transferee agrees in writing that the provisions of this Section shall continue to apply to the Shares in the hands of such Proposed Transferee. If the Shares described in the Notice are not transferred to the Proposed Transferee within such period, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Shares held by the Holder may be sold or otherwise transferred.