Purchase and Reinvestment Limits Sample Clauses

The "Purchase and Reinvestment Limits" clause sets boundaries on the amount or frequency of purchases and reinvestments that a party can make under an agreement. Typically, this clause specifies maximum thresholds for buying additional assets or reinvesting proceeds, and may outline conditions under which these activities are permitted. By establishing clear limits, the clause helps manage financial exposure and ensures that parties do not exceed agreed-upon risk levels or operational capacities.
Purchase and Reinvestment Limits. Under no circumstances shall any Purchaser fund any Purchase or Reinvestment to the extent that, after giving effect to such Purchase or Reinvestment, as the case may be:
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Purchase and Reinvestment Limits. Under no circumstances shall the Agent, on behalf of the Purchaser or the Bank Investors, as applicable, make any Purchase or Reinvestment to the extent that, after giving effect to such Purchase or Reinvestment, as the case may be:
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Purchase and Reinvestment Limits. Under no circumstances shall Purchaser be obligated to make any Purchase or Reinvestment to the extent that, after giving effect to such Purchase or Reinvestment, as the case may be:
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Purchase and Reinvestment Limits. 4 1.03. Making Purchases from Seller. . . . . . . . . . 4 1.04.
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Purchase and Reinvestment Limits. 2 1.03 Making Purchases from Seller..........................................2 1.04
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Purchase and Reinvestment Limits. 3 1.04. Making Purchases from Sellers............................ 3 1.05. Voluntary Termination of Commitment or Reduction of Purchase Limit........................................ 4 1.06. Investment Multiples; Number of Undivided Interests................................................ 4 1.07. Limitation of Ownership Interest......................... 4 1.08. Assignment............................................... 4
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Purchase and Reinvestment Limits. 3 1.04. Making Purchases from Sellers . . . . . . . . . . . . . . . . . . . . . . . . 3 1.05. Voluntary Termination of Commitment or Reduction of Purchase Limit . . . . . . . . . . . . . . . . . . . . . . . . . 4 1.06. Investment Multiples; Number of Undivided Interests . . . . . . . . . . . . . 4 1.07. Limitation of Ownership Interest . . . . . . . . . . . . . . . . . . . . . . . 4 1.08. Addition of Sellers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 ARTICLE II
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Related to Purchase and Reinvestment Limits

  • Conditions Precedent to All Purchases and Reinvestments Each Purchase and each Reinvestment shall be subject to the conditions precedent that on the date of such Purchase or Reinvestment the following statements shall be true (and the Seller, by accepting the amount of such Purchase or by receiving the proceeds of such Reinvestment, and each other Seller Party, upon such acceptance or receipt by the Seller, shall be deemed to have certified that): (a) the representations and warranties contained in Section 6.1 are correct in all material respects on and as of such day as though made on and as of such day and shall be deemed to have been made on such day, (b) no event has occurred and is continuing, or would result from such Purchase or Reinvestment, that constitutes a Liquidation Event or Unmatured Liquidation Event, (c) after giving effect to each proposed Purchase or Reinvestment, the Invested Amount will not exceed the Purchase Limit in effect at such time, no Purchaser Group’s Purchaser Group Invested Amount will exceed such Purchaser Group’s Purchaser Group Limit in effect at such time and the Asset Interest will not exceed the Allocation Limit, (d) the Termination Date shall not have occurred, (e) in the case of a Purchase, each Purchaser Agent shall have timely received an appropriate notice of the proposed Purchase in accordance with Section 1.2(a), (f) a completed Information Package or Interim Information Package (if applicable) shall have been delivered by the Master Servicer to the Administrative Agent and each Purchaser Agent, on behalf of such Purchaser Agent’s Purchaser Group, as of the applicable Reporting Date or Interim Reporting Date, as the case may be, (g) both prior to and after giving effect to each proposed Purchase or Reinvestment, the requirements of the Credit Agreement and any other agreement evidencing any Material Indebtedness of Lennox International with respect to transfers of assets and creation of liens shall not have been violated, (h) after giving effect to each proposed Purchase or Reinvestment, the Weighted Average Term (with respect to Receivables included in the Net Pool Balance) shall not exceed 45 days, (i) such other agreements, instruments, certificates, opinions and other documents as the Administrative Agent may reasonably request have been delivered, and (j) each Originator shall have sold or contributed to the Seller, pursuant to the Sale Agreement, all Receivables arising on or prior to such date; provided, however, the absence of the occurrence and continuance of an Unmatured Liquidation Event shall not be a condition precedent to any Reinvestment or any Purchase on any day which does not cause the Invested Amount, after giving effect to such Reinvestment or Purchase, to exceed the Invested Amount as of the opening of business on such day.

  • Dividend Reinvestment Plan Any and all expenses incident to any dividend reinvestment plan.

  • Investment Limits In the performance of its duties and obligations under this Agreement, Subadviser shall act in conformity with applicable limits and requirements, as amended from time to time, as set forth in the (A) Fund's Prospectus and Statement of Additional Information ("SAI"); (B) instructions and directions of AEFC and of the Board; (C) requirements of the 1940 Act, the Internal Revenue Code of 1986, as amended, as applicable to the Fund, and all other applicable federal and state laws and regulations; and (D) the procedures and standards set forth in, or established in accordance with, the Advisory Agreement.

  • Investment Limitation The Company shall not invest, or otherwise use the proceeds received by the Company from its sale of the Shares in such a manner as would require the Company or any of its subsidiaries to register as an investment company under the Investment Company Act.

  • Investment Limitations If the Custodian has otherwise complied with the terms and conditions of this Agreement in performing its duties generally, and more particularly in connection with the purchase, sale or exchange of securities made by or for a Portfolio, the Custodian shall not be liable to the applicable Fund and such Fund agrees to indemnify the Custodian and its nominees, for any loss, damage or expense suffered or incurred by the Custodian and its nominees arising out of any violation of any investment or other limitation to which such Fund is subject.