Purchase Obligation Sample Clauses

Purchase Obligation. Upon termination of this agreement for any ------------------- reason, Provider shall, at Service Company's option: (a) Purchase from Service Company at book value the intangible assets, deferred charges, goodwill, and all other amounts on the books of the Service Company relating to this agreement or the items or services provided by Service Company pursuant to this agreement, including without limitation the amount, if any, for the covenants described in (S)5.7, above, as adjusted through the last day of the month most recently ended prior to the date of such termination in accordance with GAAP to reflect amortization or depreciation of all such amounts; (b) Purchase from Service Company any real estate owned by Service Company and used as a Clinic at the greater of the appraised fair market value thereof or the then book value thereof; (c) Purchase, at the greater of the appraised fair market value or the then book value, all improvements, additions, or leasehold improvements that have been made by Service Company at any Clinic and that relate to the performance of Service Company's obligations under this agreement; (d) Assume all debt, and all contracts, payables, and leases that are obligations of Service Company and that relate to the performance of Service Company's obligations under this agreement or the properties leased or subleased by Service Company in connection with its obligations under this agreement; and (e) Purchase from Service Company, at the greater of the appraised fair market value or the then book value, all of the equipment then being supplied by Service Company pursuant to Service Company's obligations under this agreement, and all other assets, including inventory and supplies, tangibles and intangibles, set forth on the books of Service Company as adjusted through the last day of the month most recently ended prior to the date of such termination in accordance with GAAP to reflect operations of each Clinic, depreciation, amortization, and other adjustments of assets shown on the books of the Service Company. For purposes of subsection (b), above, the appraised value shall be determined by an appraiser mutually agreed upon by the Parties. In the event the Parties are unable to agree upon an appraiser within 10 days following the date upon which either Party requests the other Party to agree to an appraiser, then each Party shall appoint an appraiser, who shall in turn select a third appraiser who shall serve as the appraiser here...

Purchase Obligation. An obligation of the Company to repurchase Mortgage Loans under the circumstances and in the manner provided in Section 2.07 or Section 2.08.

Purchase Obligation. An obligation of the Depositor or the Seller to repurchase Loans under the circumstances and in the manner provided in Section 2.3.

Purchase Obligation. An obligation of the Company to repurchase Mortgage Loans under the circumstances and in the manner provided in Section 2.02 or Section 2.03.

Purchase Obligation. An obligation of the Depositor to repurchase Loans under the circumstances and in the manner provided in Section 2.3.

Purchase Obligation. The Fund and the Purchaser acknowledge and agree that the Series 1 VRDP Shares do not have the benefit of a demand feature pursuant to any Purchase Obligation (as defined in the Statement).

Purchase Obligation. Subject to the next sentence, during each twelve-month period that begins during the Initial Term and includes Seller’s Fall-▇▇▇▇▇▇ ▇▇▇▇-out period and Seller’s Spring-Summer ▇▇▇▇-out period (each a “MOS (Apparel) Measurement Period”), Buyer will not be obligated to purchase from Seller more than 175% of the amount of MOS (Apparel) that Buyer purchased from Seller during the 12-month period that immediately preceded the then-current MOS (Apparel) Measurement Period (the “MOS (Apparel) 175% Limit”). Buyer’s purchases of MOS (Apparel) in accordance with a MOS Right of First Refusal and purchases of MOS (Apparel) Excess in accordance with Section 4(c)(v)(B) will be excluded from Buyer’s purchases of MOS (Apparel) for the purpose of determining Buyer’s purchases of MOS (Apparel) in excess of the MOS (Apparel) 175% Limit. The first MOS (Apparel) Measurement Period will include Seller’s 2012 Fall-▇▇▇▇▇▇ ▇▇▇▇-out period and Seller’s 2013 Spring-Summer ▇▇▇▇-out period and the purchase volumes for the 12-month period that included Seller’s 2011 Fall-▇▇▇▇▇▇ ▇▇▇▇-out Period and Seller’s 2012 Spring-Summer ▇▇▇▇-out Period will be used to determine Buyer’s rights in accordance with the first sentence of this Section 4(c)(v)(A). The amount of MOS (Apparel) in excess of the MOS (Apparel) 175% Limit is referred to as the “MOS (Apparel)

Purchase Obligation. Upon expiration of this Retail Business Management Agreement in accordance with Section 6.1 or termination of this Retail Business Management Agreement by Retail Business Manager, as set forth in Sections 6.2(b) or 6.2(d) above, the Practice shall upon Retail Business Manager's demand: (a) Purchase from Retail Business Manager at book value all of the assets, tangible and intangible, including without limitation equipment, furniture, goodwill, intellectual property, inventory, and supplies, used in, or related to, the operations of the Dispensary and all replacements and additions thereto made by Retail Business Manager pursuant to the performance of its obligations under this Retail Business Management Agreement, set forth on the books of Retail Business Manager as adjusted through the last day of the month most recently ended prior to the date of such termination in accordance with GAAP to reflect operations of the Dispensary, depreciation, amortization, and other adjustments of assets shown on the books of Retail Business Manager; (b) Assume all contracts and leases and the Practice's pro rata share of all debts and payables that are obligations of Retail Business Manager and that relate principally to the performance of Retail Business Manager's obligations under this Retail Business Management Agreement; provided, however, that the Practice shall only be obligated to assume such contracts and leases if a reasonable third person would conclude that the Practice will be able to enjoy the benefits of the contracts and leases following such assumption; and (c) Cause to be executed by Shareholders of the Practice such security agreements reasonably required by Retail Business Manager in connection with the purchase described in this Section 6.4. All current Shareholders of the Practice shall on or before the effective date of this Retail Business Management Agreement, and all individuals who become Shareholders of the Practice after the effective date of commencement of this Retail Business Management Agreement shall upon becoming a Shareholder of the Practice, execute and deliver to Retail Business Manager an undertaking to comply with this Section 6.4 which shall be in the form of Exhibit 6.4.

Purchase Obligation. An obligation of the Sponsor or the Depositor to purchase Mortgage Loans under the circumstances and in the manner provided in Section 2.02 or 2.04.