Payment of the Deferred Purchase Price Sample Clauses

Payment of the Deferred Purchase Price. There shall be a single aggregate deferred purchase price (the “Aggregate Deferred Purchase Price”) calculated in connection with the sale of all or a portion of the Receivable pursuant to the Receivable Purchase Agreements (including the sale of the Purchased Receivable pursuant to this Agreement). In the event that no Future Receivables Transactions occur, the portion of the Aggregate Deferred Purchase Price payable in connection with the sale of the Purchased Receivable under this Agreement (the “Deferred Purchase Price”) shall be as set forth below in subclause (ii). The Deferred Purchase Price shall, if greater than zero, be payable to the Seller’s Account by Purchaser on the thirtieth (30th) day following remittance by Servicer to Purchaser of the Final Collections Payment. For the avoidance of doubt, there shall be no cap on the amount of Aggregate Deferred Purchase Price, if any, calculated in accordance with the formula below. To the extent the formula below results in a negative number, the Aggregate Deferred Purchase Price shall be zero.
Sample 1
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Payment of the Deferred Purchase Price. The Deferred Purchase Price payable in respect of the Eligible Receivables offered for sale and transfer on any Secondary Transfer Date shall be payable by the FCC no later than 3.00 p.m. on the next Secondary Transfer Date or at the latest on the next Principal Transfer Date, by transferring the Deferred Purchase Price to the credit of the relevant Administrative Agent Account by debiting the FCC General Account, provided that the Administrative Agents shall receive the Deferred Purchase Price in the capacity as legal agent (mandataire) of the Sellers in accordance with Clauses 21 and 22.
Sample 1
Payment of the Deferred Purchase Price. The deferred purchase price for the Purchased Receivable (the “Deferred Purchase Price”) shall, if greater than zero, be payable to the Seller’s Account by Purchaser on the thirtieth (30th) day following remittance by Servicer to Purchaser of the Final Collections Payment. For the avoidance of doubt, there shall be no cap on the amount of Deferred Purchase Price, if any, payable to Seller in accordance with the formula below. To the extent the formula below results in a negative number, the Deferred Purchase Price shall be zero. Deferred Purchase Price = A – B – C – D – E, where: A = The Collections B = The Funded Amount C = Any Late Payment Discount D = Commitment Fee E = Purchaser Equity Amount
Sample 1
Payment of the Deferred Purchase Price. On each Deferred Payment Date, the Deferred Purchase Price Payment on such date shall be paid by the Purchaser to the Sellers in accordance with the proportion set forth in Schedule 3.1.1(a) or as otherwise informed to the Purchaser by the Sellers’ Representatives in accordance with Section 16.1.1 or Section 16.6, in case of assignment of the rights under this Agreement, by means of TED in favor of the Sellers’ bank accounts or, in the case of the Non-Brazilian Tax Resident Sellers, at their sole discretion, wire transfer to the respective bank accounts outside of Brazil, which such bank accounts shall be informed by each Seller to the Purchaser in writing at least one (1) Business Day in advance to such payment. If the Sellers and the Purchaser are unable to reach an agreement in relation to the amount of the Deferred Purchase Price Payment that shall be paid on any Deferred Payment Date, if any, the Purchaser shall pay the uncontroversial amount, and the controversial amount shall be paid on the date on which (i) an arbitration award determining the release of the controversial amount passes into res judicata, or (ii) the Parties reach an agreement on the release of the controversial amount.
Sample 1

Related to Payment of the 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).

  • Payment of the Purchase Price The Purchase Price shall be paid as follows:

  • Payment of Receivables Purchase Price In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller the Receivables Purchase Price.

  • Payment of the Fundamental Change Repurchase Price Without limiting the Company’s obligation to deposit the Fundamental Change Repurchase Price within the time proscribed by Section 3.01(B), the Company will cause the Fundamental Change Repurchase Price for a Note (or portion thereof) to be repurchased pursuant to a Repurchase Upon Fundamental Change to be paid to the Holder thereof on or before the later of (i) the applicable Fundamental Change Repurchase Date; and (ii) the date (x) such Note is delivered to the Paying Agent (in the case of a Physical Note) or (y) the Depositary Procedures relating to the repurchase, and the delivery to the Paying Agent, of such Holder’s beneficial interest in such Note to be repurchased are complied with (in the case of a Global Note). For the avoidance of doubt, interest payable pursuant to the proviso to Section 4.02(D) on any Note to be repurchased pursuant to a Repurchase Upon Fundamental Change must be paid pursuant to such proviso regardless of whether such Note is delivered or such Depositary Procedures are complied with pursuant to the first sentence of this Section 4.02(G).

  • Payment of Repurchase Prices and Substitution Shortfall Amounts The Issuer hereby directs and the Depositor hereby agrees to remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee to be deposited in the Collection Account on the Business Day immediately preceding the related Payment Date for such Due Period in accordance with the provisions of the Indenture. In the event that more than one Timeshare Loan is replaced pursuant to Sections 6(a), (b) or (c) hereof on any Transfer Date, the Substitution Shortfall Amounts and the Loan Balances of Qualified Substitute Timeshare Loans shall be calculated on an aggregate basis for all substitutions made on such Transfer Date.

  • Payment of Repurchase Price The Repurchase Price shall be payable, at the option of the Company or its assignee(s), by check or by cancellation of all or a portion of any outstanding purchase money indebtedness owed by Participant to the Company, or such assignee, or by any combination thereof. The Repurchase Price shall be paid without interest within sixty (60) days after exercise of the Repurchase Option.

  • Asset Purchase Price (a) All Assets and assets of the Failed Bank subject to an option to purchase by the Assuming Institution shall be purchased for the amount, or the amount resulting from the method specified for determining the amount, as specified on Schedule 3.2, except as otherwise may be provided herein. Any Asset, asset of the Failed Bank subject to an option to purchase or other asset purchased for which no purchase price is specified on Schedule 3.2 or otherwise herein shall be purchased at its Book Value. Loans or other assets charged off the Accounting Records of the Failed Bank before the Bid Valuation Date shall be purchased at a price of zero.

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

  • Allocation of the Purchase Price (a) Within ninety (90) days after the final determination of the Final Purchase Price pursuant to Section 2.5, the Sellers will provide the Buyer with a statement (or statements) (the “Asset Acquisition Statement”) with the Sellers’ proposed allocation of the Final Purchase Price (plus any other amounts, including Assumed Liabilities, to the extent properly taken into account as consideration for applicable Tax purposes) among the Transferred Assets and, if applicable, the Ancillary Agreements and any other rights transferred hereunder or thereunder in accordance with Section 1060 of the Code (and any other applicable state, local or non-U.S. Law). The Buyer may, within thirty (30) days after receiving such Asset Acquisition Statement, propose to the Sellers in writing any changes to such Asset Acquisition Statement that are consistent with applicable Law (the “Allocation Notice of Objection”), and if the Buyer does not deliver such a Notice of Objection within such period, the Buyer shall be deemed to have accepted such proposed Asset Acquisition Statement and it shall become final and binding on the Parties. If the Buyer delivers a Notice of Objection, then the Buyer and the Sellers will endeavor in good faith to resolve any differences with respect to the Asset Acquisition Statement within thirty (30) days after the Sellers’ receipt of the Notice of Objection. If the Buyer and the Sellers are unable to resolve such differences, the matters in dispute shall be resolved by the Accounting Firm, which determination by such Accounting Firm shall be consistent with this Agreement. The fees, costs and expenses of the Accounting Firm shall be borne by the Buyer and the Sellers in inverse proportion as they may prevail on matters resolved by the Accounting Firm, which proportionate allocations also shall be determined by the Accounting Firm at the time the determination of the Accounting Firm is rendered.

  • Purchase Price Payment Purchaser shall deliver to SAFEDOX the sum of $5,000 in payment of the 16,667 shares of Common Stock purchased by Purchaser hereunder, a per share price of $.30, which payment shall be delivered as provided in paragraphs VI and VII hereinbelow.

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