purchase agreement

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Purchase agreement

Used in connection with project financing; an agreement to purchase a specific amount of project output per period.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Purchase Agreement

1. An agreement between a buyer and a seller in which the buyer agrees to buy a good at a certain price at regular intervals for a given period of time.

2. See: Sale.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

purchase agreement

See contract for purchase or sale.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
This means that the government will not continue to follow the power purchase agreements on a 'take and pay' basis, which binds the government to pay capacity charges.
In addition, GoMobile Nu AB, the company's second largest shareholder, has entered into a share purchase agreement regarding the sale by GoMobile Nu AB of 1,480,000 shares in the company for a total consideration of SEK25,160,000, corresponding to a price of SEK17.00 per share.
The rights to the Security Purchase Agreement with Chu were assigned to Du Xiaoyu, and Du and Zhou each purchased in a private placement 500,000 shares of common stock, par value $0.01 per share at a purchase price of $3.60 per share for total gross proceeds to the company of $3.600,000.
SGX is currently one of the biggest stakeholders in the fixed income bourse, and is one of the few shareholders that do not have a share purchase agreement with the PSE, which is also aggressively pushing for a merger with the PDSHC.
Colbun SA, a company dedicated to power generation, has awarded a 15 year power purchase agreement to France-based Total (CAC: TOTF.PA) and United States-based SunPower (Nasdaq: SPWR).
The latest power purchase agreement gives AECC access to 201 megawatts of wind energy.
Among the sale and purchase agreements, 10,390 were for residential units, representing a 29.8 percent increase on January but an 11.4 percent decrease compared with the same month last year.
CAR buyers were yesterday warned to do their homework before getting caught in a hire purchase agreement.
"The termination of long-term purchase agreements is a crucial step in the liberalisation of the electricity market in Poland," said Competition Commissioner Neelie Kroes.
Buyers can approach the mark-up and negotiation of the purchase agreement to better position themselves in a competitive acquisition process and effectively negotiate a reasonably balanced agreement.
Most sponsor purchase agreements provide that the purchaser must close within 30 days after delivery of a written notice of the closing.