Minimum Purchase Price definition

Minimum Purchase Price has the meaning set forth in Section 2.04.

Minimum Purchase Price means the sum of:

Minimum Purchase Price means the sum of the following amounts with respect to each of such Transferred Bank of America Loans to be purchased:

Examples of Minimum Purchase Price in a sentence

• Applicants for Homeownership Projects must execute the LHC’s or the Corporation’s form of an Option to Purchase and Right of First Refusal Agreement which provides to an individual tenant the option to purchase a unit at the Minimum Purchase Price.

• The Department shall, at the request of the Development Owner, identify in the LURA a Qualified Nonprofit Organization or Tenant Organization which shall hold a limited priority in exercising a right of first refusal to purchase the Development at the Minimum Purchase Price, in accordance with and subject to the priorities set forth in subparagraph (B) of this paragraph.

• At any time prior to the giving of the Notice of Intent, the Development Owner may enter into an agreement with one or more specific Qualified Nonprofit Organizations and/or Tenant Organizations to provide a right of first refusal to purchase the Development for the Minimum Purchase Price, but any such agreement shall only permit purchase of the Development by such organization in accordance with and subject to the priorities set forth in subparagraph (B) of this paragraph.

• Documentation submitted to verify the Minimum Purchase Price calculation will be part of the ROFR property listing on the Department's website.

• If, during such two-year period, the Development Owner shall receive an offer to purchase the Development at the Minimum Purchase Price from one of the organizations designated in clauses (i) - (iii) of this subparagraph (within the period(s) appropriate to such organization), the Development Owner shall sell the Development at the Minimum Purchase Price to such organization.

More Definitions of Minimum Purchase Price

Minimum Purchase Price means the sum of the following amounts with respect to each of the Seasoned Loans to be purchased:

Minimum Purchase Price has the meaning set forth in Section 9.1(b) of the Transfer and Servicing Agreement.

Minimum Purchase Price means the sum of the following amounts with respect to each of the CFS Conforming Loans to be purchased:

Minimum Purchase Price means the greater of (i) the Fair Market Value of the Leased Property at the time of delivery of the Option Exercise Notice or (ii) the Landlord’s Investment as such amount is increased at the rate of three percent compounded annually for each year (to be prorated for partial years) between the Effective Date and the Closing Date.

Minimum Purchase Price set forth in Section 37.1 of this Lease is hereby amended to read as follows:

Minimum Purchase Price means, as to any Quarterly Payment Date, an amount equal to the greater of (i) the aggregate Purchase Amounts of the Financed Student Loans as of the end of the Collection Period immediately preceding such Quarterly Payment Date and (ii) an amount that would be sufficient to (A) reduce the outstanding principal amount of the Notes then outstanding on such Quarterly Payment Date to zero, (B) pay to the Noteholders the Noteholders' Interest Distribution Amount payable on such Quarterly Payment Date (without giving effect to the Subordinate Note Trigger), (C) pay to any Swap Counterparties all amounts owed by the Trust to any Swap Counterparties under the Swap Agreements, and (D) pay to the Servicer and the Administrator all amounts owed to such entities under any of the Basic Documents.

Minimum Purchase Price means, with respect to any Established Franchisee Loan, the lesser of (x) the outstanding Loan Indebtedness thereof and (y) the sum of (i) the Established Franchisee Borrowing Base in effect on the date of the occurrence of the relevant Loan Default, or if greater, during the last full calendar month preceding the date of the occurrence of the relevant Loan Default, plus (ii) all advances made between the date that such Established Franchisee Borrowing Base is reported to the Servicer by the Sponsor and the date which is two Business Days thereafter.