Requests for Purchase Clause Samples

The "Requests for Purchase" clause defines the process by which one party formally asks to buy goods or services from another party under the agreement. Typically, this clause outlines the required format, content, and method for submitting purchase requests, such as specifying quantities, delivery dates, or other relevant details. Its core function is to establish a clear and consistent procedure for initiating purchases, thereby reducing misunderstandings and ensuring both parties are aligned on the terms of each transaction.
Requests for Purchase. The County shall give written notice to the Purchaser in the form of a Request for Purchase no later than 11:00 a.m. on a Business Day which is not less than (i) three (3) Business Days prior to the Business Day any purchase of Variable Rate Notes is to be made and (ii) five (5) Business Days prior to the Business Day any purchase of Fixed Rate Notes is to be made (or three (3) Business with respect to the Initial Purchase) (each a “Date of Purchase”). If the Purchaser receives a Request for Purchase after 11:00 a.m. on any Business Day such Request for Purchase shall be deemed to have been received on the following Business Day. Requests for Purchases shall be delivered to the Purchaser via facsimile at the facsimile number(s) set forth in Section 9.05 hereof and shall specify the Date of Purchase (which shall be a Business Day), and the amount of the requested Purchase. The County acknowledges that the Purchaser shall not be obligated to purchase Notes except in accordance with the provisions of this Agreement and the Trust Agreement. The Purchaser agrees that the purchase of Notes shall be made in the manner and upon the terms and conditions set forth in this Agreement and the Trust Agreement. The County shall not use the proceeds of any Notes for any payment which is not permitted by the Code, the Trust Agreement or this Agreement.
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Requests for Purchase. With respect to each Loan other than a Table Funded Mortgage Loan, no later than 12:00 noon (New York time) three Business Days prior to the specified Purchase Date and promptly upon rate-locking with respect to any Table Funded Mortgage Loan, Buyer, and Custodian, shall have received an executed final Request for Purchase containing an Officer's Certificate of a Seller certifying that such Seller is in compliance with all covenants, representations and warranties in the Agreement, including without limitation, the Loan Representations, and a final Loan Schedule, via facsimile and in electronic form, with respect to each Loan to be purchased on the Purchase Date;
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Requests for Purchase. (i) In connection with each Purchase hereunder, an Authorized Officer of the Authority shall give written notice to the Purchasers’ Representative in the form of a Request for Purchase (A)(1) in the case of a Term Benchmark Purchase, not later than 11:00 a.m., New York City time, three (3) Business Days before the date of the proposed Purchase or (2) in the case of an RFR Purchase, not later than 11:00 a.m., New York City time, five (5) Business Days before the date of the proposed Purchase, or (B) in the case of an ABR Purchase, not later than 11:00 a.m., New York City time, one (1) Business Day before the date of the proposed Purchase. Without the consent of the Purchasers’ Representative, the Authority shall not submit more than one (1) Request for Purchase during the same calendar month. (ii) Each such Request for Purchase shall be irrevocable and shall be signed by an Authorized Officer of the Authority. Each Request for Purchase shall be delivered to the Purchasers’ Representative via facsimile or email at the facsimile number(s) or email address(es) set forth in Section 11.05 (Notices) and shall specify the following information: (A) the aggregate amount of the requested Purchase (which amount shall correspond to such month’s Project Costs set forth on the Monthly Draw Schedule); (B) the requested Date of Purchase, which shall be a Business Day; (C) whether such Purchase is to be [an ABR Purchase,] a Term Benchmark Purchase [or an RFR Purchase]; (D) in the case of a Term Benchmark Purchase, the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period”; and (E) the location and number of the Construction Account to which funds are to be disbursed. [If no election as to the Type of Revolving Purchase is specified, then the requested Revolving Purchase shall be an ABR Purchase.] If no Interest Period is specified with respect to any requested Term Benchmark Revolving Purchase, then 2 NTD: This is limited to Term Benchmark Purchases (Term SOFR) subject to Section 2.08 (Alternate Rate of Interest). the Authority shall be deemed to have selected an Interest Period of one month’s duration. (iii) Notwithstanding any other provision of this Agreement, the Authority shall not be entitled to request, or to elect to convert or continue, any Purchase if the Interest Period requested with respect thereto would end after the Maturity Date. (iv) The Authority and the City each acknowledges...
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Requests for Purchase. The Company and the Parent Guarantor may, from time to time during the Issuance Period, make requests for purchases of Notes in writing to AIG, specifying (a) the aggregate principal amount of Notes to be purchased, in an amount not less than $10,000,000 and not greater than the remaining Maximum Facility Amount at the time the request is made, (b) the desired final maturity, (c) the desired Closing Date, (d) the intended use by the Company of the proceeds from the sale of such Notes, and (e) such other terms as the Company and the Parent Guarantor shall request. AIG may, but is under no obligation to, consider such requests, and may provide to the Company and the Parent Guarantor quotes for interest rate spreads based upon the terms requested by the Company and the Parent Guarantor, and may propose such other terms and conditions as AIG shall require. Any agreement reached mutually between the Company, the Parent Guarantor and AIG shall be set forth in a written rate lock letter (each, a “Rate Lock Letter”), which letter shall specify the interest rate to be applicable to such Notes, payment terms and such other the terms and conditions on which such Notes may be purchased by AIG Affiliates. Upon the execution and delivery of the Rate Lock Letter by AIG, the Company and the Parent Guarantor, and subject to the terms and conditions of this Agreement, the related Supplement and the Rate Lock Letter, the Company will sell to AIG Affiliates and AIG Affiliates will purchase the Notes of a Series having the terms and other provisions set forth in the Rate Lock Letter.
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Requests for Purchase. The Company may, from time to time during the Issuance Period, make requests for purchases of Notes in writing to AIG, specifying (a) the Lincoln Electric Holdings, Inc. Uncommitted Master Shelf Facility aggregate principal amount of Notes to be purchased, in an amount not less than $10,000,000 and not greater than the remaining Maximum Facility Amount at the time the request is made, (b) the desired final maturity which shall not be more than 20 years after the issuance of such Notes, (c) the average life thereof (which shall not be more than 15 years), (d) the desired Closing Date, (e) the intended use by the Obligors of the proceeds from the sale of such Notes, and (f) such other terms as the Company shall request. AIG may, but is under no obligation to, consider such requests, and may provide to the Company quotes for interest rate spreads based upon the terms requested by the Company, and may propose such other terms and conditions as AIG shall require. Any agreement reached mutually between the Company and AIG shall be set forth in a written rate lock letter (each, a “Rate Lock Letter”), which letter shall specify the interest rate to be applicable to such agreed upon Notes (the “Accepted Notes”), payment terms and such other the terms and conditions on which such Notes may be purchased by AIG Affiliates. Upon the execution and delivery of the Rate Lock Letter by AIG, the Company, and subject to the terms and conditions of this Agreement, the related Supplement and the Rate Lock Letter, the Obligors will sell to AIG Affiliates and AIG Affiliates will purchase the Notes of a Series having the terms and other provisions set forth in the Rate Lock Letter.
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Requests for Purchase. The Company may, from time to time during the Issuance Period, make requests for purchases of Additional Notes in writing to all Purchasers, specifying (a) the aggregate principal amount of Additional Notes to be purchased, in an amount not less than $5,000,000, which shall not, together with the aggregate principal amount of all Notes issued prior to the time the request is made, be greater than the remaining Maximum Facility Amount, (b) the desired final maturity of such Additional Notes, (c) the desired Closing Date of such issuance, (d) the intended use by the Company of the proceeds from the sale of such Additional Notes, and (e) such other terms as the Company shall request.
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Related to Requests for Purchase

  • REQUESTS FOR PAYMENT Payments shall be made in accordance with Article I.4 of the Special Conditions.

  • Requests for Approval If the Administrative Agent requests in writing the consent or approval of a Lender, such Lender shall respond and either approve or disapprove definitively in writing to the Administrative Agent within ten Business Days (or sooner if such notice specifies a shorter period for responses based on Administrative Agent’s good faith determination that circumstances exist warranting its request for an earlier response) after such written request from the Administrative Agent. If the Lender does not so respond, that Lender shall be deemed to have approved the request.

  • Requests for Loans (a) Borrower shall give to Agent written notice in the form of Exhibit D-1 hereto (or telephonic notice confirmed in writing in the form of Exhibit D-1 hereto) of each Loan (other than a Swing Line Loan) requested hereunder (a “Loan Request”) by 12:00 noon (Cleveland time) on the Business Day prior to the proposed Drawdown Date with respect to Base Rate Loans and three (3) Business Days prior to the proposed Drawdown Date with respect to LIBOR Rate Loans. Each such notice shall specify with respect to the requested Loan the proposed principal amount of such Loan, the Type of Loan, the initial Interest Period (if applicable) for such Loan and the Drawdown Date. Each such notice shall also contain a statement that the conditions to borrowing set forth in §11 hereof have been satisfied. Promptly upon receipt of any such notice, Agent shall notify each of Lenders thereof. Each such Loan Request shall be irrevocable and binding on Borrower and shall obligate Borrower to accept the Loan requested from Lenders on the proposed Drawdown Date. Subject to §2.1(c)(iv), each Loan Request shall be (a) for a Base Rate Loan in a minimum aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof; or (b) for a LIBOR Rate Loan in a minimum aggregate amount of $2,000,000 or an integral multiple of $100,000 in excess thereof; provided, however, that there shall be no more than eight (8) LIBOR Rate Loans outstanding at any one time. (b) Borrower shall give to Agent and Swing Line Lender written notice in the form of Exhibit D-2 hereto (or telephonic notice confirmed in writing in the form of Exhibit D-2 hereto) of each Swing Line Loan requested hereunder (a “Request for Swing Line Loan”) by 1:00 p.m. (Cleveland time) on the Business Day of the proposed borrowing of a Swing Line Loan. On the date of the requested Swing Line Loan and subject to satisfaction of the applicable conditions set ▇▇▇▇▇ ▇▇ §▇▇ for all borrowings, Swing Line Lender will make the proceeds of such Swing Line Loan available to Borrower in Dollars, in immediately available funds, at the account specified by Borrower in its Request for Swing Line Loan not later than 3:00 p.m. (Cleveland time) on such date. Each such Request for Swing Line Loan shall also contain a statement that the conditions to borrowing set forth in §11 hereof have been satisfied.

  • Requests for Advances Except as hereinafter provided, Borrower may request a Revolving Loan by submitting to Bank a Request for Advance by an authorized officer or other representative of Borrower, subject to the following: (a) each such Request for Advance shall include, without limitation, the proposed amount of such Revolving Loan and the proposed Disbursement Date, which date must be a Business Day; (b) each such Request for Advance shall be communicated to Bank within the time periods set forth in the Note; (c) a Request for Advance, once communicated to Bank, shall not be revocable by Borrower; (d) each Request for Advance, once communicated to Bank, shall constitute a representation, warranty and certification by Borrower as of the date thereof that: (i) both before and after the making of such Revolving Loan, the obligations set forth in the Loan Documents are and shall be valid, binding and enforceable obligations of each Loan Party, as applicable; (ii) all terms and conditions precedent to the making of such Revolving Loan have been satisfied or waived by Bank in accordance with this Agreement, and shall remain satisfied through the date of such Revolving Loan; (iii) the making of such Revolving Loan will not cause the aggregate outstanding principal amount of all Revolving Loans plus the Letter of Credit Liabilities to exceed the Revolving Credit Maximum Amount; (iv) no Default or Event of Default shall have occurred and is continuing, and none will exist or arise upon the making of such Revolving Loan; (v) the representations and warranties contained in the Loan Documents are true and correct in all material respects and shall be true and correct in all material respects as of the making of such Revolving Loan, except to the extent such representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date; and (vi) the Request for Advance will not violate the terms or conditions of any contract, indenture, agreement or other borrowing of Borrower, except to the extent that such terms or conditions have been waived or that failure to comply with any such terms or conditions would not have a Material Adverse Effect. Bank may elect (but without any obligation to do so) to make a Revolving Loan upon the telephonic or facsimile request of Borrower, provided that Borrower has first executed and delivered to Bank a Telephone Notice Authorization. If any such Revolving Loan based upon a telephonic or facsimile request is made by Borrower, Bank may require Borrower to confirm said telephonic or facsimile request in writing by delivering to Bank, on or before 11:00 a.m. (Dallas, Texas time) on the next Business Day following the Disbursement Date of such Revolving Loan, a duly executed written Request for Advance, and all other provisions of this Section 1 shall be applicable with respect to such Revolving Loan. In addition, Borrower may authorize the Bank to automatically make Revolving Loans pursuant to such other written agreements as may be entered into by Bank and Borrower.

  • Requests for Underwritten Shelf Takedowns Following the expiration of the applicable Lock-Up Period, at any time and from time to time when an effective Shelf is on file with the Commission, any Holder or the Sponsor (any of the Holders or the Sponsor, a “Demanding Holder”) may request to sell all or any portion of its Registrable Securities in an Underwritten Offering or other coordinated offering that is registered pursuant to the Shelf (each, an “Underwritten Shelf Takedown”); provided that the Company shall only be obligated to effect an Underwritten Shelf Takedown if such offering shall include Registrable Securities proposed to be sold by the Demanding Holder, either individually or together with other Demanding Holders, with a total offering price reasonably expected to exceed, in the aggregate, $25 million (the “Minimum Takedown Threshold”). All requests for Underwritten Shelf Takedowns shall be made by giving written notice to the Company, which shall specify the approximate number of Registrable Securities proposed to be sold in the Underwritten Shelf Takedown. The Company shall have the right to select the Underwriters for such offering (which shall consist of one or more reputable nationally recognized investment banks), subject to the initial Demanding Holder’s prior approval (which shall not be unreasonably withheld, conditioned or delayed). The Holders, collectively, on the one hand, and the Sponsor, on the other hand, may each demand Underwritten Shelf Takedowns pursuant to this Section 2.1.5 (i) not more than two times in any 12-month period (the “Yearly Limit”) and (ii) not more than five times in the aggregate (the “Total Limit”). Notwithstanding anything to the contrary in this Agreement, the Company may effect any Underwritten Offering pursuant to any then-effective Registration Statement, including a Form S-3, that is then available for such offering.