Purchase and Settlements Clause Samples

POPULAR SAMPLE Copied 1 times
Purchase and Settlements. Section 2.1. Purchases of Receivables; Agreement to Purchase 7 Section 2.2. Payment for the Purchases 8 Section 2.3. Purchase Price Credit Adjustments 9 Section 2.4. Payments and Computations, Etc 9 Section 2.5. Transfer of Records to Purchaser 9 Section 2.6. Protection of Ownership Interest of the Purchaser 10 Section 2.7. Additional Transferring Affiliates 10
View SourceView Similar (3)
Purchase and Settlements. 2 Section 2.1 Facility....................................................................
View Source
Purchase and Settlements. 31 SECTION 2.1. Facility 31 SECTION 2.2. Transfers; Certificates; Eligible Receivables 31 SECTION 2.3. Selection of Tranche Periods and Tranche Rates 35 SECTION 2.4. Discount, Fees and Other Costs and Expenses 38 SECTION 2.5. NonLiquidation Settlement and Reinvestment Procedures 39 SECTION 2.6. Liquidation Settlement Procedures. 39 SECTION 2.7. Fees 41 SECTION 2.8. Protection of Ownership Interest of the Company and the Bank Investors; Special Accounts and Concentration Account 41 SECTION 2.9. Deemed Collections; Application of Payments 43 SECTION 2.10. Payments and Computations, Etc 44 SECTION 2.11. Reports 44 SECTION 2.12. Collection Account 45 SECTION 2.13. Sharing of Payments, Etc 45 SECTION 2.14. Right of Setoff 46 SECTION 2.15. Additional Transferring Affiliates 46 ARTICLE III
View Source
Purchase and Settlements 
View SourceView Similar (26)

Related to Purchase and Settlements

  • CLOSING AND SETTLEMENT Seller/Landlord shall determine the title company at which settlement shall occur and shall inform Buyer/Tenant of this location in writing. Buyer/Tenant agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Buyer/Tenant. The only expense related to closing costs apportioned to Seller/Landlord shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which Seller/Landlord is solely responsible.

  • Defense and Settlement The Receiver shall have the right, in its discretion, to (i) defend or settle any claim or suit against the Assuming Institution with respect to which the Receiver has indemnified the Assuming Institution in the same manner and to the same extent as provided in Article XII, and (ii) defend or settle any claim or suit against the Assuming Institution with respect to any Liability Assumed, which claim or suit may result in a loss to the Receiver arising out of or related to this Agreement, or which existed against the Failed Bank on or before the Bank Closing Date. The exercise by the Receiver of any rights under this Section 9.3(a) shall not release the Assuming Institution with respect to any of its obligations under this Agreement.

  • PAYMENT AND SETTLEMENT You shall deliver to the Manager on the date and at the place and time specified in the applicable AAU (or on such later date and at such place and time as may be specified by the Manager in a subsequent Wire) the funds specified in the applicable AAU, payable to the order of ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Inc., for (i) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of the Firm Securities to be purchased by you, (ii) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of such of the Firm Securities to be purchased by you as shall have been retained by or released to you for direct sale as contemplated by Section 3.6 hereof or (iii) the amount set forth or indicated in the applicable AAU, as the Manager shall advise. You shall make similar payment as the Manager may direct for Additional Securities, if any, to be purchased by you on the date specified by the Manager for such payment. The Manager will make payment to the Issuer or Seller against delivery to the Manager for your account of the Securities to be purchased by you, and the Manager will deliver to you the Securities paid for by you which shall have been retained by or released to you for direct sale. If the Manager determines that transactions in the Securities are to be settled through the facilities of DTC or other clearinghouse facility, payment for and delivery of Securities purchased by you shall be made through such facilities, if you are a member, or, if you are not a member, settlement shall be made through your ordinary correspondent who is a member.

  • Equity Trading and Transaction Settlement The equity trading desks execute buy and sell order based on instructions provided by affiliated advisers. The trading staff either places orders electronically or contacts brokers to place orders, find liquidity and seek price levels. Upon completion of a transaction, the transaction settlement group works with the broker and the account custodian to ensure timely and accurate exchange of securities and monies.

  • Clearance and Settlement If the Pricing Agreement specifies that the Securities will clear and settle through one or more clearing systems, the Securities will be eligible for clearance and settlement through such clearing system or systems.