Common use of Agreement to Enter into Transactions Clause in Contracts

Agreement to Enter into Transactions. Upon Seller’s delivery of a duly completed Transaction Notice in accordance with the preceding Section 4.1(a) requesting the entry into a Transaction on a Weekly Date, and subject to the terms and conditions set forth herein (including Section 4.6 hereof) and in the other Transaction Agreements, each Buyer agrees severally, and not jointly, to enter into such Transaction with Seller in an amount equal to its respective Individual Participation Amount (if any) with respect to such Transaction as of the applicable Purchase Date. Promptly following receipt of such a Transaction Notice, but in any event no later than 4:00 p.m. on the date that is two (2) Business Days prior to the proposed Purchase Date with respect to the requested Transaction, each Buyer shall confirm its receipt of such Transaction Notice to Agent.

Appears in 1 contract

Sources: Master Framework Agreement (Scotts Miracle-Gro Co)

Agreement to Enter into Transactions. Upon Seller’s delivery of a duly completed Transaction Notice in accordance with the preceding Section 4.1(a) requesting the entry into a Transaction on a Weekly Date, and subject to the terms and conditions set forth herein (including Section 4.6 hereof) and in the other Transaction Agreements, each Buyer agrees severally, and not jointly, to enter into such Transaction with Seller in an amount equal to its respective Individual Participation Amount (if any) with respect to such Transaction as of the applicable Purchase Date. Promptly following receipt of such a Transaction Notice, but in any event no later than 4:00 p.m. on the date that is two (2) Business Days prior to the proposed Purchase Date with respect to the requested Transaction, each Buyer shall confirm its receipt of such Transaction Notice to Agent.proposed

Appears in 1 contract

Sources: Master Framework Agreement (Scotts Miracle-Gro Co)