REPURCHASE DATE PAYMENTS Sample Clauses

REPURCHASE DATE PAYMENTS. On each Repurchase Date, Seller shall remit or shall cause to be remitted to Buyer the Repurchase Price together with any other Obligations then due and payable.
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REPURCHASE DATE PAYMENTS. On each Repurchase Date for any Transaction or individual Purchased Asset (other than a Repurchase Date on which the related Purchased Assets automatically become subject to a new Transaction in accordance with Section 3(f) hereof), Seller shall remit or shall cause to be remitted to Buyer the Repurchase Price together with any other Obligations then due and payable, and thereafter and following the exercise of any of Buyer’s rights of setoff hereunder, all excess proceeds received by Buyer at any time thereafter with respect to such Transaction or individual Purchased Asset over such amount shall be remitted by Buyer to Seller.
Sample 1
REPURCHASE DATE PAYMENTS. One (1) Business Day prior to ------------------------ each Repurchase Date, Buyer shall inform Custodian via facsimile of the amount payable by Seller to Buyer on such Repurchase Date pursuant to the Repurchase Agreement and Custodian shall, on such Repurchase Date, transfer such amount from the Contract Account to the Buyer's Account in accordance with Section 4.2 hereof. If Available Funds on deposit in the Contract Account are not sufficient on such date to pay amounts payable pursuant to the Repurchase Agreement in full, the Custodian shall notify Buyer and Seller of such circumstance by telephone or telecopy and Seller shall deposit to the Contract Account in immediately available funds the amount of such deficiency.
Sample 1
REPURCHASE DATE PAYMENTS. On each Repurchase Date for any Transaction or individual Purchased Asset or Underlying Asset (other than a Repurchase Date on which the related Purchased Assets automatically become subject to a new Transaction in accordance with Section 3(f) hereof), the related Seller shall remit or shall cause to be remitted to Buyer the Repurchase Price together with any other Obligations then due and payable.
Sample 1
REPURCHASE DATE PAYMENTS. COLLECTIONS ------------------------------------ On each Repurchase Date, Seller shall remit or shall cause to be remitted to Buyer the Repurchase Price.
Sample 1
REPURCHASE DATE PAYMENTS. On each Repurchase Date for each Transaction or, as applicable, set of Related Transactions, each Seller party thereto shall remit or shall cause to be remitted to each Buyer party thereto, its respective Buyer’s Repurchase Price.
Sample 1

Related to REPURCHASE DATE PAYMENTS

  • Repurchase Date To the extent a Security for which a Repurchase Request has been received during the then current calendar quarter is determined not to be subject to the limitation in subsection (c) above and thus, will be repurchased during the current quarter, then the Company shall designate a date for the repurchase of such Security (the “Repurchase Date”), which date shall not be more than 10 days after the Company’s receipt of the Repurchase Request or, in the case of a Repurchase Request following the death or Total Permanent Disability of the Holder, 10 days after the Company’s receipt of satisfactory establishment of such Holder’s death or Total Permanent Disability. On the Repurchase Date, the Company shall pay the Repurchase Price to the Holder (or the estate of the Holder, in the case of a request following death) in accordance with Section 2.7. With respect to a Security for which a Repurchase Request has been received during a prior calendar quarter and for which the Repurchase Price was not paid during such prior calendar quarter, but rather the Repurchase Request has been carried over to and is still outstanding in the current calendar quarter (because of the limitation in subsection (c) above), the Company shall designate a Repurchase Date not later than the tenth (10th) day after the start of such calendar quarter, unless subsection (c) is again applicable, in which case such obligation shall be met not later than the tenth (10th) day after the start of the next calendar quarter during which such limitation is no longer applicable. No interest shall accrue on a Security to be repurchased under this Section 3.2 for any period of time on or after the Repurchase Date for such Security, provided that the Company or the Paying Agent has timely tendered the Repurchase Price to the Holder or the estate of the Holder, as the case may be.

  • 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.

  • Change of Control Payment “Change of Control Payment” is defined in Section 3.9(a)(vii) of the Agreement.

  • Change in Control Payments The provisions of this paragraph 8 set forth the terms of an agreement reached between Employee and the Company regarding Employee’s rights and obligations upon the occurrence of a “Change in Control” (as hereinafter defined) of the Company during the Term. These provisions are intended to assure and encourage in advance Employee’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such Change in Control. The following provisions shall apply in the event of a Change in Control, in addition to any payment or benefit that may be required pursuant to Section 7.

  • 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.

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