Common use of Purchase Price, Substitution Value and Repurchase Price Clause in Contracts

Purchase Price, Substitution Value and Repurchase Price. (a) The purchase price (the “Purchase Price”) for each Loan Asset Conveyed on each Conveyance Date shall be a dollar amount equal to the fair market value in accordance with the LFSA (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Loan Asset Conveyed as of such date. (b) The substitution value (the “Substitution Value”) for each Substitute Loan Asset Conveyed from the Seller to the Purchaser on each Conveyance Date shall be (i) solely with respect to a Repurchase Event, the Repurchase Amount and (ii) otherwise, a dollar amount equal to the fair market value in accordance with the LFSA (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Loan Asset Conveyed as of such date. (c) The purchase price for each Repurchase (the “Repurchase Price”) shall be (i) solely with respect to a Repurchase Event, the Repurchase Amount and (ii) otherwise, a dollar amount equal to the fair market value of the Loan Assets being Repurchased, as agreed upon between the Seller and the Purchaser at the time of such Repurchase.

Purchase Price, Substitution Value and Repurchase Price. (a) The purchase price (the “Purchase Price”) for each Loan Asset Conveyed on each Conveyance Date shall be a dollar amount equal to the fair market value in accordance with the LFSA LSA (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Loan Asset Conveyed as of such date. (b) The substitution value (the “Substitution Value”) for each Substitute Loan Asset Conveyed from the Seller to the Purchaser on each Conveyance Date shall be (i) solely with respect to a Repurchase Event, the Repurchase Amount and (ii) otherwise, a dollar amount equal to the fair market value in accordance with the LFSA LSA (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Loan Asset Conveyed as of such date. (c) The purchase price for each Repurchase (the “Repurchase Price”) shall be (i) solely with respect to a Repurchase Event, the Repurchase Amount and (ii) otherwise, a dollar amount equal to the fair market value of the Loan Assets being Repurchased, as agreed upon between the Seller and the Purchaser at the time of such Repurchase.

Purchase Price, Substitution Value and Repurchase Price. (a) The purchase price (the “Purchase Price”) for each Loan Asset Conveyed on each Conveyance Date shall be a dollar amount equal to the fair market value in accordance with the LFSA Loan Agreement (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Loan Asset Conveyed as of such date. (b) The substitution value (the “Substitution Value”) for each Substitute Eligible Loan Asset Conveyed from the Seller to the Purchaser on each Conveyance Date shall be (i) solely with respect to a Repurchase Event, the Repurchase Amount and (ii) otherwise, a dollar amount equal to the fair market value in accordance with the LFSA Loan Agreement (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Substitute Eligible Loan Asset Conveyed as of such date. (c) The purchase price for each Repurchase (the “Repurchase Price”) shall be (i) solely with respect to a Repurchase Event, the Repurchase Amount and (ii) otherwise, a dollar amount equal to the greater of the fair market value of the Loan Assets being Repurchased, as agreed upon between the Seller and the Purchaser at the time Purchase Price of such RepurchaseLoan Asset paid by the Purchaser, less all Principal Collections received in respect of such Loan Asset from the original Conveyance Date to the Repurchase Conveyance Date plus any such Principal Collections that the Purchaser shall have been required to repay to the Obligor with respect to such Loan Asset.

Purchase Price, Substitution Value and Repurchase Price. (a) The purchase price (the “Purchase Price”) for each Loan Asset Conveyed on each Conveyance Date shall be a dollar amount equal to the fair market value in accordance with the LFSA Credit Agreement (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Loan Asset Conveyed as of such date. (b) The substitution value (the “Substitution Value”) for each Substitute Loan Asset Conveyed from the Seller to the Purchaser on each Conveyance Date shall be (i) solely with respect to a Repurchase Event, the Repurchase Amount and (ii) otherwise, a dollar amount equal to the fair market value in accordance with the LFSA Credit Agreement (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Substitute Loan Asset Conveyed as of such date. (c) The purchase price for each Repurchase (the “Repurchase Price”) shall be (i) solely with respect to a Repurchase Event, the Repurchase Amount and (ii) otherwise, a dollar amount equal to the greater of the fair market value of the Loan Assets being Repurchased, as agreed upon between the Seller and the Purchaser at the time Purchase Price of such RepurchaseLoan Asset paid by the Purchaser, less all Principal Proceeds received in respect of such Loan Asset from the original Conveyance Date to the Repurchase Conveyance Date plus any such Principal Proceeds that the Purchaser shall have been required to repay to the Obligor with respect to such Loan Asset.