Secured Notes Purchase Price Sample Clauses

Secured Notes Purchase Price. On the Closing Date, Ally Auto shall pay to the Seller the Secured Notes Purchase Price as provided in Section 2.02.
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Secured Notes Purchase Price. In consideration for the First Step Purchased Property, Ally Auto shall, on or about the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Secured Note Principal Balance in respect of the Secured Notes (the “Secured Notes Purchase Price”), and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Secured Notes Assignment”). The Initial Aggregate Secured Note Principal Balance is equal to $1,099,786,048.15. A portion of the Secured Notes Purchase Price shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in the Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto). The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.
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Secured Notes Purchase Price. In consideration for the Purchased Property, XXXX shall, on or about the Series 200_-__ Closing Date, pay to GMAC an amount equal to the Initial Aggregate Secured Notes Principal Balance in respect of the COLT 200_-__ Secured Notes (the "Secured Notes Purchase Price"), and GMAC shall execute and deliver to XXXX an assignment in the form attached as Exhibit A (the "First Step Secured Notes Assignment"). A portion of the Secured Notes Purchase Price equal to $_______ shall be paid to GMAC in immediately available funds.
Sample 1
Secured Notes Purchase Price. At the Series 200_-__ Closing Date, XXXX shall pay to GMAC the Secured Notes Purchase Price as provided in Section 2.02.
Sample 1
Secured Notes Purchase Price. In consideration for the First Step Purchased Property, XXXX shall, on or about the Series 20__-SN_ Closing Date, pay to Ally Financial an amount equal to the Initial Aggregate Secured Note Principal Balance in respect of the COLT 20__-SN_ Secured Notes (the “Secured Notes Purchase Price”), and Ally Financial shall execute and deliver to XXXX an assignment in the form attached as Exhibit A (the “First Step Secured Notes Assignment”). A portion of the Secured Notes Purchase Price equal to $[ ] shall be paid to Ally Financial in immediately available funds and the balance, if any, of the Secured Notes Purchase Price shall be recorded as an advance from Ally Financial to XXXX pursuant to the Intercompany Advance Agreement or as a capital contribution from Ally Financial to XXXX.
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Secured Notes Purchase Price. On the Series 20__-SN_ Closing Date, XXXX shall pay to Ally Financial the Secured Notes Purchase Price as provided in Section 2.02.
Sample 1Sample 2
Secured Notes Purchase Price. In consideration for the First Step Purchased Property, XXXX shall, on or about the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Secured Note Principal Balance in respect of the Secured Notes (the “Secured Notes Purchase Price”), and the Seller shall execute and deliver to XXXX an assignment in the form attached hereto as Exhibit A (the “First Step Secured Notes Assignment”). The Initial Aggregate Secured Note Principal Balance is equal to $ . A portion of the Secured Notes Purchase Price, equal to $ , shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through one or both of (a) an increase in the amount owing from XXXX to the Seller under the XXXX Intercompany Advance Agreement (as a result of an advance made thereunder from the Seller to XXXX, equal to $ ), and (b) an increase in the Seller’s capital account in XXXX (as a result of a deemed capital contribution from Seller to XXXX). The amount advanced under the XXXX Intercompany Advance Agreement and the amount of the deemed capital contribution, if any, shall be duly recorded by the Seller and XXXX.
Sample 1
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Secured Notes Purchase Price. In consideration for the First Step Purchased Property, Ally Auto shall, on or about the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Secured Note Principal Balance in respect of the Secured Notes (the “Secured Notes Purchase Price”), and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Secured Notes Assignment”). The Initial Aggregate Secured Note Principal Balance is equal to $ . A portion of the Secured Notes Purchase Price, equal to $ , shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through one or both of (a) an increase in the amount owing from Ally Auto to the Seller under the Ally Auto Intercompany Advance Agreement (as a result of an advance made thereunder from the Seller to Ally Auto, equal to $ ), and (b) an increase in the Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto). The amount advanced under the Ally Auto Intercompany Advance Agreement and the amount of the deemed capital contribution, if any, shall be duly recorded by the Seller and Ally Auto.
Sample 1
Secured Notes Purchase Price. On the Closing Date, XXXX shall pay to the Seller the Secured Notes Purchase Price as provided in Section 2.02.
Sample 1

Related to Secured Notes Purchase Price

  • 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).

  • 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.

  • 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.

  • Convertible Notes The Convertible Notes are subject to different conversion calculations depending on the event triggering conversion as described in the Notes (e.g., an IPO or other liquidity event). For illustration purposes, assuming the optional conversion right is exercised today, based on the current capitalization and the $50,000,000 assumed valuation specified for an optional conversion in the Notes, there would be 4,705,224 additional shares issued; provided however, that each holder of Notes is subject to a maximum 9.99% ownership of the shares of capital stock of the Company at any one time. This illustration calculation does not account for the 6% interest component.

  • Note Purchase Agreement The conditions precedent to the obligations of the Applicable Pass Through Trustees and the other requirements relating to the Aircraft and the Equipment Notes set forth in the Note Purchase Agreement shall have been satisfied.

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

  • Subordinated Notes The Subordinated Notes have been duly authorized by the Company and when executed by the Company and issued, delivered to and paid for by the Purchasers in accordance with the terms of the Agreement, will have been duly executed, authenticated, issued and delivered, and will constitute legal, valid and binding obligations of the Company and enforceable in accordance with their terms, except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors’ rights generally or by general equitable principles.

  • Receivables Purchase Agreement The Receivables Purchase Agreement is supplemented by the addition of the following terms as Section 2.3(d):

  • Purchase of Notes By Principal Life Principal Life may purchase some or all of the Notes in the open market or otherwise at any time, and from time to time. Simultaneously, upon such purchase, (1) the purchased Notes shall, by their terms become mandatorily redeemable by the Trust as specified in the related Pricing Supplement, Prospectus Supplement and/or Prospectus and (2) the Fund under this Agreement shall be permanently reduced by the same percentage as the principal amount of the Notes so redeemed bears to the sum of (i) the aggregate principal amount of all Notes issued and outstanding immediately prior to such redemption and (ii) the principal amount of the Trust Beneficial Interest related to such Notes. If Principal Life, in its sole discretion, engages in such open market or other purchases, then the Trust, the Indenture Trustee in respect of such Notes, and Principal Life shall take actions (including, in the case of Principal Life, making the payment(s) necessary to effect the Trust’s redemption of such Notes) as may be necessary or desirable to effect the cancellation of such Notes by the Trust.

  • Purchase of Notes as Principal (a) Subject in all respects to the terms and conditions of the Distribution Agreement, the Trust hereby agrees to sell to the Purchasing Agent and the Purchasing Agent hereby agrees to purchase the Notes having the terms specified in the Pricing Supplement relating to such Notes. (b) In connection with any purchase of Notes from the Trust by the Purchasing Agent as principal, the parties agrees that the items specified on Schedule I of the Omnibus Instrument will be delivered as of the Settlement Date.

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