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Common use of Initial Purchase Clause in Contracts

Initial Purchase. The initial Purchase Tranche contemplated hereunder shall be closed and funded simultaneous with the execution of this Agreement by Lender, Assignee and Borrower.

Appears in 6 contracts

Sources: Debt Purchase Agreement (Grow Solutions Holdings, Inc.), Debt Purchase Agreement (KSIX Media Holdings, Inc.), Debt Purchase Agreement (Growlife, Inc.)

Related Clauses

  • Initial Purchase Price
  • Initial Purchasers
  • Offering by Initial Purchasers
  • Defaulting Initial Purchasers
  • Additional Purchases

Parent Clauses

  • Making Purchases
  • Purchase and Sale of Receivables
  • Receivables Purchase Price
  • The Closings
  • Amounts and Terms of Purchases and Contributions

Sub-Clauses

  • Class A Notes
  • Class B Notes
  • Class C Notes
  • H&Q Parties' Deliveries
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