CURRENT SELLER SHARE Sample Clauses
The "Current Seller Share" clause defines the proportion or percentage of ownership, profits, or liabilities that the seller currently holds in a particular asset, business, or transaction. This clause typically specifies the exact share or interest the seller is transferring or retaining, such as a 60% ownership stake in a company or a defined portion of real estate. By clearly stating the seller's current share, the clause ensures transparency in the transaction and helps prevent disputes over the extent of the seller's rights or obligations being conveyed.
CURRENT SELLER SHARE. The "Current Seller Share" will be an amount equal to: Outstanding Principal Balance of all the Loans in the Trust Property on the relevant Calculation Date - Current Funding 1 Share.
CURRENT SELLER SHARE. (a) On each Distribution Date, the "Current Seller Share" will be calculated by the Cash Manager in respect of the then-current Trust Calculation Period or the related Interim Calculation Period, as applicable, and will be an amount equal to: The aggregate amount of the Trust Property as at the Relevant Distribution Date - Current Funding Share
CURRENT SELLER SHARE. (a) On each Distribution Date, the "CURRENT SELLER SHARE" will be calculated by the Cash Manager in respect of the then-current Trust Calculation Period or the related Interim Calculation Period, as applicable, and will be an amount equal to: The aggregate amount of the Trust Property as at the Relevant Distribution Date - Current Funding Share
CURRENT SELLER SHARE. The CURRENT SELLER SHARE will be an amount equal to: The total amount of Trust Property - Current Funding Share.
CURRENT SELLER SHARE. The Current Seller Share will be an amount equal to: The total amount of Trust Property - Current Funding Share.
CURRENT SELLER SHARE. The CURRENT SELLER SHARE on each Distribution Date and on the date on which the Mortgages Trust terminates will be an amount equal to: The Outstanding Principal Balance of all the Loans in the Trust Property on the Relevant Distribution Date plus any retained Principal Receipts (as adjusted in accordance with the calculation of "H" as set out in Clause 8.2 above) MINUS the Current Funding Share (as calculated on such Distribution Date).