Common use of Purchase Limit Clause in Contracts

Purchase Limit. The Aggregate Purchaser Investments would exceed an amount (the "PURCHASE LIMIT") equal to the lesser of (x) $75,000,000 as such amount may be reduced pursuant to SECTION 1.7 (the "MAXIMUM PURCHASE LIMIT"), and (y) the then Net Pool Balance; or

Appears in 1 contract

Sources: Transfer and Administration Agreement (Wackenhut Corp)

Purchase Limit. The Aggregate Purchaser Investments would exceed an amount (the "PURCHASE LIMIT") equal to the lesser of (x) $75,000,000 as such amount may be reduced pursuant to SECTION 1.7 (the "MAXIMUM PURCHASE LIMIT"), and (y) the then Net Pool Balance; or"

Appears in 1 contract

Sources: Transfer and Administration Agreement (Wackenhut Corp)

Purchase Limit. The Aggregate Purchaser Investments would exceed an amount (the "PURCHASE LIMIT") equal to the lesser of (x) $75,000,000 60,000,000 as such amount may be reduced pursuant to SECTION 1.7 (the "MAXIMUM PURCHASE LIMIT"), and (y) the then Net Pool Balance; or

Appears in 1 contract

Sources: Transfer and Administration Agreement (Wackenhut Corp)