Purchase and Sale Clause Example from Business Contracts

Purchase and Sale. Subject to the terms and conditions herein set forth and in reliance upon the representations and warranties herein contained, the Depositor shall sell to the Underwriters, and each Underwriter shall, severally and not jointly, purchase from the Depositor, at the related purchase price set forth on Schedule I hereto, Offered Certificates of each class thereof having an actual or notional amount as set forth on Schedule I hereto opposite its name. There will be added to the purchase price of the ...Offered Certificates an amount equal to interest accrued thereon pursuant to the terms thereof from May 1, 2017 to but excluding the Closing Date. View More