Applicable Purchaser Clause Samples

The 'Applicable Purchaser' clause defines which party or parties are recognized as the legitimate buyer(s) under the agreement. It typically specifies the individual, company, or entity that holds the rights and obligations to purchase the goods, services, or assets described in the contract. For example, the clause may clarify whether the purchaser is a parent company, a subsidiary, or a designated affiliate. This ensures there is no ambiguity about who is responsible for fulfilling the purchaser's duties, thereby preventing disputes and ensuring contractual clarity.
Applicable Purchaser. Applicable Purchaser" means any third party designated by Tenant to purchase the Landlord's interest in the Leased Property and in any Escrowed Proceeds as provided in the Purchase Agreement.
View SourceView Similar (8)
Applicable Purchaser. For purposes this Article II, unless otherwise provided in the Asset Allocation Statement, (a) all Assets and Assumed Obligations primarily related to the Business’ operations in Mexico shall be transferred to and assumed by the Mexican Purchaser, (b) all Assets and Assumed Obligations primarily related to the Business’ operations in Canada shall be transferred to and assumed by the Canadian Purchaser and (c) all other Assets and Assumed Obligations shall be transferred to and assumed by the U.S. Purchaser.
View SourceView Similar (3)
Applicable Purchaser. Applicable Purchaser" means any third party designated by Cypress to purchase the interest of BNP in the Property as provided in Paragraph 2(a)(ii) below.
View SourceView Similar (2)
Applicable Purchaser. Invoices must be prominently annotated by the Contractor with all applicable volume discount(s).
View Source

Related to Applicable Purchaser

  • Reasonable Purchase Price The consideration received by the Seller upon the sale of the Mortgage Loans under this Agreement constitutes fair consideration and reasonably equivalent value for the Mortgage Loans.

  • Eligible Purchasers This Contract may be utilized by any of the following types of entities (each an eligible “Purchaser”): 2.1. WASHINGTON STATE AGENCIES. All Washington state agencies, departments, offices, divisions, boards, and commissions. 2.2. WASHINGTON STATE INSTITUTIONS OF HIGHER EDUCATION (COLLEGES). Any the following institutions of higher education in Washington: ▪ State universities – i.e., University of Washington & Washington State University; ▪ Regional universities – i.e., Central Washington University, Eastern Washington University, & Western Washington University ▪ Evergreen State College; ▪ Community colleges; and ▪ Technical colleges.

  • Sale Purchase (A) Consummation of Sale and Purchase The sale and purchase of Eligible Loans pursuant to the Purchase Agreement to be dated as of the Closing Date shall be consummated upon (i) Funding’s receipt from SLM ECFC of the related ▇▇▇▇ of Sale, (ii) the payment by Funding to SLM ECFC of the Initial Payment and (iii) the assignment to SLM ECFC of the Excess Distribution Certificate. Upon consummation, such sale and purchase shall be effective as of the date of the ▇▇▇▇ of Sale. SLM ECFC and Funding shall use their best efforts to perform promptly their respective obligations pursuant to such Purchase Agreement with respect to each Loan. (B) Settlement of the Initial Payment On the Closing Date, Funding shall pay to SLM ECFC the Initial Payment by wire transfer of immediately available funds to the account specified by SLM ECFC. (C) Interest Subsidy and Special Allowance Payments and Rebate Fees SLM ECFC shall be entitled to all Interest Subsidy Payments and Special Allowance Payments on the Loans up to but not including the related Payment Cutoff Date, and shall be responsible for the payment of rebate fees, if any, applicable to Purchased Loans accruing up to but not including the related Payment Cutoff Date. The Interim Eligible Lender Trustee on behalf of Funding shall be entitled to all Special Allowance Payments and Interest Subsidy Payments on the Purchased Loans accruing from, and including, the related Payment Cutoff Date, and shall be responsible for the payment of any rebate fees applicable to Purchased Loans accruing from, and including, the Payment Cutoff Date.

  • Purchaser The signatory party to this Contract other than the Administrator. Purchaser is also defined to include employees and agents of the Purchaser authorized to conduct activities as required for execution of the timber sale Contract. As an independent contractor, neither the Purchaser, its employees or agents are considered employees of the State of Montana pursuant to work performed under this Contract.

  • Investor The Investor must execute and deliver a Securities Purchase Agreement, and must complete a Certificate Questionnaire (in the form attached as Exhibit A hereto) and an Investor Questionnaire (in the form attached as Exhibit C hereto) in order to purchase the Securities.