AMOUNT OF PURCHASED ASSETS; DEFERRED PURCHASE PRICE Sample Clauses

AMOUNT OF PURCHASED ASSETS; DEFERRED PURCHASE PRICE. The consideration for each Receivables Purchase shall consist of the Capital funded under this Agreement, the ING Capital, if any, funded pursuant to the ING Purchase Agreement and the obligation of the Purchaser to remit to the Seller the Deferred Purchase Price. The amount of the Deferred Purchase Price shall be initially computed as of the opening of business of the Collection Agent on the date of the initial Receivables Purchase hereunder. Thereafter, until the Termination Date, the amount of the Deferred Purchase Price shall be automatically recomputed as of the close of business of the Collection Agent on each day on which the aggregate Capital hereunder is increased or decreased, on which the ING Capital is increased or decreased under the ING Purchase Agreement or on which any funds are remitted to the Seller in satisfaction thereof under clause (viii) of SECTION 6.11(b) or remitted to ING in satisfaction thereof under clause (ii) of Section 2.04 of the ING Purchase Agreement. From and after the Termination Date until the Combined Collection Date, the Deferred Purchase Price shall be automatically recomputed on each Business Day to reflect any reductions in the amount hereof on account of accrued Yield, Carrying Costs, or other amounts owed by (or paid on behalf of) the Seller under this Agreement or any ING Obligations under the ING Purchase Agreement. The Purchased Assets shall become zero at such time as (i) Triple-A shall have recovered the aggregate outstanding Capital and shall have received all other amounts payable to Triple-A pursuant to this Triple-A Purchase Agreement, (ii) ING shall have recovered the aggregate outstanding ING Capital and shall have received all other amounts payable to ING pursuant to the ING Purchase Agreement, and (iii) the Seller has received payment of the Deferred Purchase Price. The Purchased Assets and the Deferred Purchase Price shall each remain constant from the time as of which any such computation or recomputation is made until the time as of which the next such recomputation, if any, shall be made. Triple-A shall, in consideration of the sale of the Purchased Assets, from and after the Combined Collection Date, remit to the Seller with the proceeds of Collections in respect of the Purchased Assets, in satisfaction of the Deferred Purchase Price; PROVIDED that, from and after the date that the Outstanding Balance of the Purchased Receivables is less than or equal to 6.25% of the Outstanding Balance of the P...
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AMOUNT OF PURCHASED ASSETS; DEFERRED PURCHASE PRICE. The consideration for each ING Receivables Interest Purchase shall consist of ING Capital funded under this ING Purchase Agreement. The amount of the Deferred Purchase Price under the Triple-A Purchase Agreement for the Purchased Assets shall be reduced pursuant to the Triple-A Purchase Agreement to reflect each related ING Receivables Interest Purchase.
Sample 1

Related to AMOUNT OF PURCHASED ASSETS; DEFERRED PURCHASE PRICE

  • Deferred Purchase Price On each Business Day on and after the Final Payout Date, the Servicer, on behalf of the Agent, shall pay to the SPV an amount equal to the Collections of Receivables received by the SPV less the accrued and unpaid Servicing Fee (and the SPV (or the Servicer on its behalf) shall apply such Collections in the manner described in Section 2.14).

  • Aggregate Purchase Price The aggregate purchase price for the Notes (the “Aggregate Purchase Price”) shall equal the result of (x) divided by (y), where (x) equals the Aggregate Principal Amount and (y) equals 1.25. Each date upon which a Closing occurs is a “Closing Date”.

  • Amount of Purchase Price The purchase price (“Purchase Price”) per Share for each Share which Optionee is entitled to purchase under the Options shall be $2.25 per Share.

  • Receivables Purchase Price On the Closing Date, the Purchaser shall deliver to the Seller the Receivables Purchase Price, as provided in Section 2.1(b).

  • Post-Closing Purchase Price Adjustment (a) As promptly as practicable, but in no event later than ninety (90) days following the date of the Applicable Closing, Parent shall prepare and deliver to SunGard Data a statement (the “Post-Closing Statement”), certified by the chief financial officer of Parent and accompanied by reasonable supporting detail, setting forth the Closing Net Working Capital, the Company Transaction Fees and Expenses and the Merger Consideration, including, in each case, the calculation thereof in reasonable detail. The calculations set forth in the Post-Closing Statement shall be final and binding on all Parties unless SunGard Data gives Parent written notice of its objections thereto (an “Objection Notice”), with reasonable supporting detail as to each such objection (each, a “Post-Closing Calculation Objection”), within forty-five (45) days after receipt of the Post-Closing Statement (the “Objection Period”). In the event SunGard Data fails to give Parent an Objection Notice prior to the expiration of the Objection Period or otherwise earlier notifies Parent in writing that SunGard Data has no objections to the calculations set forth in the Post-Closing Statement, the Post-Closing Statement shall be deemed final and binding on all Parties hereto, and all payments to be made in accordance with Section 3.4(d) shall be derived therefrom. Any component of the calculations set forth in the Post-Closing Statement that is not the subject of a timely delivered Objection Notice by SunGard Data shall be final and binding on all Parties except to the extent such component could be affected by other components of the calculations set forth in the Post-Closing Statement. Throughout the period following the Closing Date until the components of the calculations set forth in the Post-Closing Statement are deemed final and binding pursuant to this Section 3.4, subject to Section 7.21, Parent shall permit SunGard Data and its Representatives reasonable access (with the right to make copies), during business hours upon reasonable advance notice, to the financial books and records of the Surviving Corporation and its Subsidiaries for the purposes of the review and objection right contemplated herein.

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • Cash Purchase Price The term "Cash Purchase Price" shall have the meaning set forth in Section 2.3(a).

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Closing Purchase Price The Closing Purchase Price (the "Closing Purchase Price") shall be paid or delivered by Buyer at Closing in the following manner:

  • The Purchase Price Notwithstanding the termination of the Option, Grantee will be entitled to exercise its rights under this Section 6(c) if it has exercised such rights in accordance with the terms hereof prior to the termination of the Option.

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