Purchase Contract definition

Purchase Contract means, with respect to any Unit, the contract forming a part of such Unit and obligating the Company to (i) sell, and the Holder of such Unit to purchase, shares of Common Stock and (ii) pay the Holder thereof Contract Adjustment Payments, in each case on the terms and subject to the conditions set forth in Article 5 hereof.

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Purchase Contract when used with respect to any Security, means the contract forming a part of such Security and obligating the Company to (i) sell and the Holder of such Security to purchase Common Stock and (ii) pay the Holder Contract Adjustment Payments, if any, on the terms and subject to the conditions set forth in Article Five hereof.

Purchase Contract has the meaning specified in the Recitals.

Examples of Purchase Contract in a sentence

The validity, interpretation and performance of this Purchase Contract shall be governed by the laws of the State applicable to contracts made and performed in the State.
All the Agency’s and the Authority’s representations, warranties and agreements in this Purchase Contract shall remain operative and in full force and effect, regardless of any investigation made by or on behalf of the Underwriter, until the earlier of (a) delivery of and payment for the Bonds hereunder, and (b) any termination of this Purchase Contract.
A certified copy of the Authority Resolution authorizing the execution and delivery by the Authority of this Purchase Contract.
Between the date of this Purchase Contract and the date of Closing, the Agency will not, without the prior written consent of the Underwriter, and except as disclosed in the Official Statement, offer or issue any bonds, notes or other obligations for borrowed money, or incur any material liabilities, direct or contingent, secured by tax increment generated in the Project Area.
If the Agency or the Authority shall be unable to satisfy the conditions contained in this Purchase Contract, or if the obligations of the Underwriter shall be terminated for any reason permitted by this Purchase Contract, this Purchase Contract may be terminated by the Underwriter by written notice to the Agency and the Authority, and none of the Underwriter, the Authority or the Agency shall be under further obligation hereunder.

More Definitions of Purchase Contract

Purchase Contract shall have the meaning set forth in the Purchase Contract Agreement.

Purchase Contract means the contract or contracts for purchase and sale of the Refunding Bonds, by and between the District and the Underwriter. To the extent the Refunding Bonds are sold pursuant to more than one Purchase Contract, each shall be substantially in the form presented to the Board, with such changes therein, deletions therefrom and modifications thereto as the Authorized Officer executing the same shall approve.

Purchase Contract means a prepaid stock purchase contract obligating the Company to deliver shares of Common Stock on the terms and subject to the conditions set forth herein.

Purchase Contract means the purchase contract for a Timeshare Property executed and delivered by an Obligor and pursuant to which such Obligor purchased a Timeshare Property.

Purchase Contract means the Purchase Contract to be entered into between the Authority and the Issuer relating to the purchase by the Authority of the Bond.

Purchase Contract means a contract or written arrangement entered into between the Distributor and a Customer for the sale and purchase of Product(s) in the Territory by Distributor to such Customer.

Purchase Contract has the meaning in Section 3.1(b)(i).

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