Purchase Percentage Clause Samples

Purchase Percentage. Alt-A First Mortgage Loans 98 % Alt-A Second Mortgage Loans 95 % Sub-Prime First Mortgage Loans 98 % Sub-Prime Second Mortgage Loans 95 % provided that should a Mortgage Loan qualify for more than one Class, then the Purchase Percentage shall be the Purchase Percentage of the Class for which such Mortgage Loan qualifies which produces the lowest percentage.
Purchase Percentage. 1 If marked as “open”, the Repurchase Date shall be one (1) Business Day after the date upon which either Buyer (in its sole discretion) or the Seller (in its sole discretion) provides to the other written notice of its intention to sell or repurchase, as applicable, the Mortgage Loans on Appendix I hereto; provided that the Repurchase Date shall not, in any event, exceed 364 days from the date hereof. Names and addresses for communications: Buyer: CDC Mortgage Capital Inc. ▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇ ▇▇▇▇▇▇▇▇ Email: ▇.▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇-▇▇▇▇.▇▇▇ with copies to: ▇▇▇▇ ▇▇▇▇ Email: ▇▇▇▇▇@▇▇▇▇▇▇▇-▇▇▇▇.▇▇▇ Seller: New Century Mortgage Corporation ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, Suite 1000 Irvine, California 92612 Attn: Email: This Transaction Request constitutes certification by Seller that:
Purchase Percentage. Alt-A First Mortgage Loans 98 % Alt-A Second Mortgage Loans 95 % Sub-Prime First Mortgage Loans 98 % Sub-Prime Second Mortgage Loans 95 % 90 Day Aged HLTV Loans 95 % Aged Mortgage Loans 90 % 30 Plus Mortgage Loans 95 % 60 Plus Mortgage Loans 50 % provided, that should a Mortgage Loan qualify for more than one Class, then the Purchase Percentage shall be the Purchase Percentage of the Class for which such Mortgage Loan qualifies which produces the lowest percentage.
Purchase Percentage. The Purchase Percentage with respect to Purchased Receivables on a Purchase Date shall be the percentage determined by calculating (i) the Discount Rate applicable to such Purchased Receivable times (ii) one hundred and twenty (120) divided by (iii) three hundred and sixty (360).
Purchase Percentage. [Purchasing Purchaser] A. Noncommitted Purchaser: Yes/No If applicable: Initial Noncommitted Purchaser Percentage: _____% Liquidity Providers and Liquidity Percentages after Sale: ------------------------- -----% ------------------------- -----% ------------------------- -----% -▇- ▇▇▇▇▇▇▇▇▇ Commitments of Liquidity Providers after Sale $____________ B. Committed Purchaser: Yes/No --------- If applicable: Commitment Percentage: _____% Commitment: $________ Related Noncommitted Purchaser: ______________________ Liquidity Percentage: _____% Amount of Commitment Held in capacity as Liquidity Provider after sale $____________ C. Class A Outstanding Amount of Notes Owned Immediately After Sale: $________

Related to Purchase Percentage

  • Applicable Percentage Except as provided otherwise in the next sentence, the term "Applicable Percentage" shall mean: (i) 0% during the one-year period commencing on the Closing Date (ii) 20% during the one-year period commencing on the first anniversary of the Closing Date; (iii) 40% during the one-year period commencing on the second anniversary of the Closing Date; (iv) 60% during the one-year period commencing on the third anniversary of the Closing Date; (v) 80% during the one-year period commencing on the fourth anniversary of the Closing Date; and (vi) 100% on and after the fifth anniversary of the Closing Date. Notwithstanding the foregoing, (A) immediately prior to and after the occurrence of a Sale of the Company, such Applicable Percentage shall mean 100%, and (B) in the case of a termination of employment described in Section 7.2(a)(iii)(B), such Applicable Percentage in clauses (i), (ii) and (iii) shall be 0%, and in clauses (iv) and (v) and (vi) shall be 40%, 75% and 100%, respectively.

  • Discount Percentage The Discount Percentage shall be based upon the monthly average of the net assets of all of the funds on Master Schedule A to Management Contracts (“Group Assets”), as may be updated from time to time, and the monthly average of the net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. After determination of the average Group Assets tier bound level in Master Schedule B to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, the Discount Percentage shall be determined on a cumulative basis pursuant to the schedule set forth in Master Schedule B to Management Contracts.

  • Commitment Percentage With respect to each Lender, the percentage set forth on Schedule 1.1 hereto as such Lender’s percentage of the aggregate Commitments of all of the Lenders, as the same may be changed from time to time in accordance with the terms of this Agreement.

  • Original Class A Percentage Section 11.05 Original Principal Balances of the Classes of Class A Certificates............................................

  • Reallocation of Applicable Revolving Percentages to Reduce Fronting Exposure All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Revolving Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section 11.20, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.