REPURCHASE FEE Sample Clauses

REPURCHASE FEE. Twenty Dollars ($20.00) per account repurchased from the Guarantor and added to the UNIPAC Servicing System.
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REPURCHASE FEE. Section 2.8 None.
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REPURCHASE FEE. The Repurchase Fee for each Repurchased Contract shall be twenty-five Dollars ($25.00). This fee will apply only if SELLER cancels a contract.
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REPURCHASE FEE. The Repurchase Fee for each Repurchased Contract shall be ten dollars ($10.00)
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REPURCHASE FEE. The Borrowers hereby agree that, upon the purchase by the Company of any common stock of the Company, the Borrowers shall have an irrevocable obligation to pay to the Administrative Agent for the benefit of the Lenders, a nonrefundable fee (the "Repurchase Fee") calculated on a daily basis by multiplying .2667% per annum by the gross amount paid by the Company for such stock. With respect to each such repurchase of stock, the Repurchase Fee shall accrue from the date of any such purchase until the later of (a) the date that is 2 years from the date of such purchase and (b) the date on which the Leverage Ratio, calculated as of the end of any Fiscal Quarter, is less than 60%, provided, that in calculating the Leverage Ratio for purposes of this Section, the Company shall be deemed to have repurchased common stock of the Company and paid the full Repurchase Amount therefor. The Repurchase Fee shall be allocated among the Lenders in proportion to the amount of the Commitment provided by each Lender. Such Repurchase Fee shall be payable in arrears on the last Business Day of each March, June, September and December after the date hereof, provided, that on the Expiration Date or upon acceleration of the Obligations, the Repurchase Fee accrued to such date together with the Repurchase Fee that would be payable thereafter but for the occurrence of the Expiration Date or acceleration of the Obligations, shall be immediately due and payable. Notwithstanding the foregoing, the amount payable under this clause (d) by the Company on the Expiration Date or upon acceleration of the Obligations shall not exceed the Repurchase Fee that otherwise would be payable for a full Fiscal Quarter during the two years referred to above. The Company may upon five (5) Business Days written irrevocable notice to the Administrative Agent permanently reduce the Repurchase Amount in whole multiples of $5,000,000 to an amount not less than the aggregate amount theretofore paid by the Company with respect to repurchases of its common stock as permitted by Section 8.02(e). Section 6.01 (j) is amended by inserting immediately after the term "margin stock" the first time such term appears in the second sentence thereof the following: "(other than common stock of the Company repurchased in accordance with Section 8.02(e))". i. Section 6.02 is amended by inserting immediately after the reference to "12.11" the following: "and the amendment of Schedule 6.01(c) in connection with any new Subsidia...
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REPURCHASE FEE. [***Confidential portion has been omitted pursuant to a request for confidential treatment and has been filed separately with the Commission.]
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Related to REPURCHASE FEE

  • 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.

  • Repurchase of Receivables Upon Breach In the event of a breach of any representation or warranty set forth on Exhibit A to the Receivables Purchase Agreement which materially and adversely affects the interests of the Issuer or the Securityholders and unless the breach shall have been cured by the last day of the second Collection Period following the Collection Period in which the discovery of the breach is made or notice is received, as the case may be (or, at the option of the RPA Seller, the last day in the first Collection Period following the Collection Period in which such discovery is made), the RPA Seller shall repurchase such Receivable from the Issuer. On the Business Day before the related Payment Date, the RPA Seller shall remit the Warranty Purchase Payment in respect of such Receivable to the Collection Account in the manner specified in Section 4.05. Upon any such repurchase, the Issuer shall, without further action, be deemed to transfer, assign, set-over and otherwise convey to the RPA Seller, all right, title and interest of the Issuer in, to and under such repurchased Receivable, all monies due or to become due with respect thereto and all proceeds thereof. The Issuer and the Trustees shall execute such documents and instruments of transfer and assignment and take such other actions as shall be reasonably requested by the RPA Seller to effect the conveyance of such Receivable pursuant to this Section. The sole remedy of the Issuer, the Trustees and the Securityholders with respect to a breach of the RPA Seller’s representations and warranties pursuant to Exhibit A to the Receivables Purchase Agreement shall be to require the RPA Seller to repurchase the related Receivable pursuant to this Section. Neither the Owner Trustee nor the Indenture Trustee shall have any duty to conduct an affirmative investigation as to the occurrence of any condition requiring the repurchase of any Receivable pursuant to Section 2.04 or the eligibility of any Receivables for purposes of this Agreement.

  • 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.

  • Deposit of Repurchase Price On or prior to the Repurchase Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 10.03) an amount of money sufficient to pay the Repurchase Price of the Securities which are to be repaid on the Repurchase Date.

  • Repurchase upon Breach (a) The Seller, the Servicer or the Trustee, as the case may be, shall inform the other parties to this Agreement and the Indenture Trustee promptly, in writing, upon the discovery of any breach of the Seller’s representations and warranties made pursuant to Section 3.1 or Section 6.1, or CNHICA’s representations and warranties made pursuant to Section 3.2(b) of the Purchase Agreement. Unless a breach pursuant to the sections and documents referenced in the preceding sentence shall have been cured by the last day of the second Collection Period after such breach is discovered by the Servicer or the Trustee or in which the Trustee receives written notice from the Seller or the Servicer of such breach, the Seller shall be obligated, and, if necessary, the Seller or the Trustee shall enforce the obligation of CNHICA under the Purchase Agreement to repurchase any Receivable materially and adversely affected by any such breach as of such last day. As consideration for the repurchase of the Receivable, the Seller shall remit the Purchase Amount in the manner specified in Section 5.5; provided, however, that the obligation of the Seller to repurchase any Receivable arising solely as a result of a breach of CNHICA’s representations and warranties pursuant to Section 3.2(b) of the Purchase Agreement is subject to the receipt by the Seller of the Purchase Amount from CNHICA. Subject to the provisions of Section 6.3, the sole remedy of the Issuing Entity, the Trustee, the Indenture Trustee, the Noteholders or the Certificateholders with respect to a breach of the representations and warranties pursuant to Section 3.1 and the agreement contained in this Section shall be to require the Seller to repurchase Receivables pursuant to this Section, subject to the conditions contained herein, and to enforce CNHICA’s obligation to the Seller to repurchase such Receivables pursuant to the Purchase Agreement. (b) Upon the delivery by the Asset Representations Reviewer of a Review Report, the Servicer shall evaluate the findings contained in the Review Report and determine whether a breach of any of the representations and warranties made by the Seller and/or CNHICA has occurred and whether such breach requires the Seller and/or CNHICA to repurchase such Receivables pursuant to the provisions of this Section 3.2. (c) With respect to all Receivables purchased or repurchased by, or otherwise transferred to (including Liquidated Receivables transferred under Section 4.3, 4.6 and 9.1) CNHICA, the Servicer, the Seller or their Affiliate pursuant to this Agreement or the Purchase Agreement: (i) the Issuing Entity, the Seller and the Indenture Trustee shall sell, transfer, assign, set over and otherwise convey to CNHICA, the Servicer, the Seller or their Affiliate, as applicable, without recourse, representation or warranty, all of the Issuing Entity’s, the Seller’s and the Indenture Trustee’s right, title and interest in, to and under such Receivables, related Financed Equipment, and all other CNHCR Assets related thereto, including all security and documents relating thereto, and (ii) the Issuing Entity, the Seller, and the Indenture Trustee shall be deemed to have released any security interest and any other claim under this Agreement and the Basic Documents in such Receivables, related Financed Equipment, and all other CNHCR Assets related thereto, including all security and documents relating thereto, without any further act or deed, and such Receivables, related Financed Equipment, and all security and documents relating thereto will be free of the Grant contained in the Indenture.