Pool Purchase Price Sample Clauses

Pool Purchase Price. Provisions with respect to the Purchase and sale of the Loans for each Series shall be set forth in the related PA Supplement. The purchase price for any Additional Loans and other related Transferred Assets (the “Additional Pool Purchase Price”) conveyed to the Company under this Agreement and the related PA Supplement on each Addition Date shall be a dollar amount equal to the aggregate outstanding principal balance of such Additional Loans sold on such date, subject to adjustment to reflect such factors as the Company and the Seller mutually agree will result in an Additional Pool Purchase Price equal to the fair market value of such Additional Loans and other related Transferred Assets.
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Pool Purchase Price. (a) On the Closing Date, as full consideration for the Seller's sale of the Mortgage Loans to the Depositor, the Depositor will (1) pay to the Seller cash, in immediately available funds, equal to the proceeds of the sale of the Notes by the Issuer, net of underwriting discounts and the Issuance Fee described in Section 10 below, and (2) direct the issuance of the Trust Certificates (collectively, the "Pool Purchase Price"). (b) The Depositor or any assignee or transferee of the Depositor (which will include the Issuer and the Indenture Trustee) shall be entitled to all Monthly Payments due after the Cut-off Date and all Principal Prepayments and other unscheduled collections of principal collected in respect of the Mortgage Loans on or after the Cut-off Date. All Monthly Payments due on or before the Cut-off Date and collected on or after the Cut-off Date shall belong to the Seller. (c) The Depositor will transfer and assign all of its right, title and interest in and to the Mortgage Loans to the Issuer, which will in turn pledge all of its right, title and interest in and to the Mortgage Loans to the Indenture Trustee pursuant to the Indenture for the benefit of the holders of the Notes and the Note Insurer.
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Pool Purchase Price. (a) On the Closing Date, as full consideration for the Seller's transfer of the [Mortgage Loans][Assets] to the Purchaser, the Purchaser will deliver to the Seller, (i) cash in an amount that shall be set out in the Bill xx Sale and shall be equal to the sum of (A) _____________% of the aggregate initial Security Principal Balance of the Securities, (B) accrued interest on each Class of Securities [(except the Class __ Securities)] from ___________ 1, 19__ to the Closing Date (collectively, the "Pool Purchase Price"). (b) The Purchaser or any assignee or transferee of the Purchaser (which may include the Trustee acting on behalf of the Securityholders) shall be entitled to all [Monthly] Payments due after _____________ 1, 19__ (the "Cut-off Date"), and all Curtailments or other principal prepayments received with respect to the [Mortgage Loans][Assets] paid by the Obligor on or after the Cut-off Date, except that the Purchaser or any assignee or transferee of the Purchaser will not be entitled to any Curtailments or other prepayments received after the Cut-off Date but reflected in the aggregate Scheduled Principal Balance of the [Mortgage Loans][Assets] on the Cut-off Date (the "Cut-off Balance"). All [Monthly] Payments due on or before the Cut-off Date and collected on or after the Cut-off Date shall belong to the Seller. (c) Pursuant to the Agreement, the Purchaser will [transfer and assign][pledge] all of its right, title and interest in and to the [Mortgage Loans][Assets] to the Trustee for the benefit of the Holders of the Securities in consideration of the issuance of the Securities to the Purchaser.
Sample 1
Pool Purchase Price. 2 SECTION 3. Transfer of the Mortgage Loans.............................3 SECTION 4. Representations and Warranties of the Seller...............5 SECTION 5. Representations and Warranties of the Depositor............8 SECTION 6. Covenants of the Seller....................................9 SECTION 7.
Sample 1
Pool Purchase Price. (a) As full consideration for the Seller's sale of the Home Loans to City Capital, City Capital will (1) pay to the Seller on the Closing Date, cash in immediately available funds equal to the aggregate proceeds of the sale of the Notes ($237,954,381.22, less associated transaction expenses, as described in Section 10) and (2) accept the Trust Certificates, as the Seller's designee (collectively, the "Pool Purchase Price"). As full consideration for City Capital's sale of the Home Loans to the Depositor, the Depositor will (1) pay or cause the Underwriter to pay to City Capital cash in the amount of $237,954,381.22 and (2) transfer and deliver the Trust Certificates to City Capital. (b) The Depositor, or any assignee or transferee of the Depositor (which will include the Issuer and the Indenture Trustee) shall be entitled to all Monthly Payments received after the Cut-off Date and all Principal Prepayments and other unscheduled collections of principal collected in respect of the Home Loans after the Cut-off Date. (c) Pursuant to the Trust Agreement, the Depositor will transfer and assign all of its right, title, and interest in and to the Home Loans to the Issuer, which will in turn pledge all of its right, title, and interest in and to the Home Loans to the Indenture Trustee pursuant to the Indenture for the benefit of the holders of the Notes and the Note Insurer.
Sample 1
Pool Purchase Price. A price equal to the sum of (i) 100% of the unpaid principal balance of each Mortgage Loan on the day of such purchase plus interest accrued thereon at the applicable Mortgage Rate to the Due Date in the Due Period immediately preceding the related Distribution Date, (ii) the amount of any costs and damages incurred by the Trust Fund as a result of any violation of any applicable federal, state or local predatory- or abusive-lending law arising from or in connection with the origination of such Mortgage Loan, (iii) the amount of any unreimbursed Servicing Advances and amounts owed to the Trustee hereunder, (iv) the fair market value of any REO Property and any other property held by the Trust Fund, such fair market value to be determined by an appraiser or appraisers mutually agreed upon by the Master Servicer and the Trustee (reduced, in the case of REO Property, by (1) reasonably anticipated disposition costs and (2) any amount by which the fair market value as so reduced exceeds the outstanding principal balance of the related Mortgage Loan) plus interest accrued thereon at the applicable Net Mortgage Rate to the date of such purchase, (v) any amounts owed to the Certificate Insurer under the Certificate Insurance Policy or the Commitment Letter and (vi) any unpaid Net Swap Payment and any Swap Termination Payment payable to the Swap Counterparty due to the exercise of the Master Servicer’s option to purchase the Mortgage Loans.
Sample 1
Pool Purchase Price. (a) On the Closing Date, as full consideration for the Seller's sale of the Assets to the Company, the Company will pay to the Seller $___________, representing the proceeds of the sale of the Offered Certificates, and the proceeds of the sale of the Private Certificates (collectively, the "Pool Purchase Price"). (b) The Company or any assignee or transferee of the Company (which may include the Trustee acting on behalf of the Certificateholders) shall be entitled to all Monthly Payments due after the Cut-off Date and all Principal Prepayments and other unscheduled collections of principal collected in respect of the Assets on or after the Cut-off Date. All Monthly Payments due on or before the Cut-off Date and collected on or after the Cut-off Date shall belong to the Seller. (c) Pursuant to the Pooling and Servicing Agreement, the Company will transfer and assign all of its right, title and interest in and to the Assets to the Trustee for the benefit of the Holders of the Certificates in consideration of the issuance of the Certificates to the Company.
Sample 1
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Related to Pool Purchase Price

  • Additional Purchase Price The purchase price for the Additional Shares (the "Additional Purchase Price") shall be an amount equal to (i) the difference between (1) the aggregate proceeds to Purchaser from the sale of the Optional Securities and (2) the aggregate cost to Purchaser, as notified by Purchaser to Seller at the Second Time of Delivery, of the Additional STRIPS, multiplied by (ii) a fraction, the numerator of which is the Firm Share Base Amount and the denominator of which is the number of Firm Securities.

  • Total Purchase Price (High Bid + Buyer’s Premium) $

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

  • Initial Purchase Price (a) Prior to Closing, the Company shall prepare (and, if requested by Purchaser, in consultation with Purchaser), and at least four Business Days prior to the Closing Date, the Company shall deliver to Purchaser, a written statement (the “Closing Statement”) setting forth: (i) the Company’s good faith estimate and supporting calculations of (I) the Cash Amount (the “Estimated Cash Amount”), (II) the Net Working Capital (the “Estimated Net Working Capital”), (III) the Indebtedness Amount (the “Estimated Indebtedness Amount”) and (IV) the Transaction Expenses Amount (the “Estimated Transaction Expenses Amount”); (ii) payment instructions for the payment of the Closing Consideration; (iii) a list of and, as applicable, payment instructions for the payment of, each of the Transaction Expenses included in the Estimated Transaction Expenses Amount; and (iv) the calculation of the Initial Purchase Price and Closing Consideration derived therefrom. (b) During the preparation of the Closing Statement (if requested by Purchaser) and after the delivery of the Closing Statement, Purchaser and its Representatives shall have a reasonable opportunity to review and to discuss with the Company and its Representatives (a) the Company’s and its Subsidiaries’ working papers and the working papers of the Company’s independent accountants, if any, relating to the preparation of the Closing Statement and the calculation of the Estimated Cash Amount, Estimated Net Working Capital, Estimated Indebtedness Amount and Estimated Transaction Expenses Amount and (b) the relevant books and records of the Company and its Subsidiaries relating to the Cash Amount, the Net Working Capital, the Indebtedness Amount or the Transaction Expenses Amount; and the Company and its Representatives shall reasonably assist Purchaser and its representatives in their review of the Closing Statement and the preparation thereof and reasonably cooperate with respect thereto. In the event Purchaser notifies the Company in writing prior to the Closing that it disputes any amount set forth in the Closing Statement, Purchaser and the Company shall cooperate in good faith to resolve any such dispute as promptly as practicable prior to the Closing Date. If, prior to the Closing, Purchaser and the Company agree in writing to any component on the Closing Statement, then such components of the Closing Statement shall be modified as so agreed. The Closing shall not be delayed if Purchaser and the Company are unable, after any such cooperation, to agree on all of the components of the Closing Statement and, except as otherwise agreed to by Purchaser and the Company in writing, the parties shall use the Closing Statement as delivered by the Company for purposes of determining the Closing Consideration (without limiting any of the provisions of this Agreement, including Article II). (c) From 12:00 a.m. on the Closing Date and until the Closing, the Company shall not, and shall not permit any of its Subsidiaries to, make any dividend or distributions of Cash or incur any Indebtedness or Transaction Expenses (other than as a result of the Financing or as already fully reflected in the Closing Statement) or use any Cash to pay any Transaction Expenses or to repay any Indebtedness. If, as a result of a breach by the Company of any of its covenants contained in this Section 1.02(c), Cash, Transaction Expenses or Indebtedness shall have changed between 11:59 p.m. on the day immediately preceding the Closing Date and the time immediately preceding the Closing, then any such changes shall be included in the calculation of Cash Amount, Transaction Expenses Amount and/or Indebtedness Amount (as the case may be) for purposes of the Closing Statement. (d) For purposes of this Agreement,

  • 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).

  • The Purchase Price If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

  • 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. (b) The purchase price for securities (other than the capital stock of any Acquired Subsidiary, Shared-Loss Securities, FRB and FHLB stock) purchased under Section 3.1 by the Assuming Institution shall be the market value thereof as of Bank Closing, which market value shall be (i) the market price for each such security quoted at the close of the trading day effective on Bank Closing as published electronically by Bloomberg, L.P., or alternatively, at the discretion of the Receiver, IDC/Financial Times (FT) Interactive Data; (ii) provided, that if such market price is not available for any such security, the Assuming Institution will submit a bid for each such security within three days of notification/bid request by the Receiver (unless a different time period is agreed to by the Assuming Institution and the Receiver) and the Receiver, in its sole discretion will accept or reject each such bid; and (iii) further provided in the absence of an acceptable bid from the Assuming Institution, each such security shall not pass to the Assuming Institution and shall be deemed to be an excluded asset hereunder. (c) Qualified Financial Contracts shall be purchased at market value determined in accordance with the terms of Exhibit 3.2(c). Any costs associated with such valuation shall be shared equally by the Receiver and the Assuming Institution.

  • Base Purchase Price Buyer agrees to pay for the Assets the total sum of Thirty Million and No/100 Dollars ($30,000,000.00) (“Base Purchase Price”) to be paid by direct bank deposit or wire transfer in same day funds at the Closing, subject only to the price adjustments set forth in this Agreement.

  • Repurchase Price Unless agreed otherwise by the Purchaser and the Company, a price equal to (i) the Stated Principal Balance of the Mortgage Loan plus (ii) interest on such Stated Principal Balance at the Mortgage Loan Remittance Rate from the date on which interest has last been paid and distributed to the Purchaser through the last day of the month in which such repurchase takes place, less amounts received or advanced in respect of such repurchased Mortgage Loan which are being held in the Custodial Account for distribution in the month of repurchase.

  • Reasonable Purchase Price The consideration received by the Seller upon the sale of the Mortgage Loans under this Agreement constitutes fair consideration and reasonably equivalent value for the Mortgage Loans.

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