Common use of Purchase Procedures Clause in Contracts

Purchase Procedures. Subject to satisfaction of the conditions precedent set forth in paragraph 2 hereof, Lender shall have the right to require the University to purchase, and University agrees to purchase from Lender, the Mortgaged Property in accordance with the following procedures:

Purchase Procedures. Subject to satisfaction of the conditions precedent set forth in paragraph Section 2 hereof, Lender shall have the right to require the University to purchase, and University agrees to purchase from Lender, the Mortgaged Property in accordance with the following procedures: