Acceptance Purchase Price definition

Acceptance Purchase Price in respect of an Acceptance of a specified maturity, the result (rounded to the nearest whole cent, and with one-half cent being rounded up) obtained by dividing (a) the face amount of such Acceptance by (b) the sum of (i) one and (ii) the product of (A) the Reference Discount Rate for Acceptances of the same maturity expressed as a decimal and (B) a fraction, the numerator of which is the term to maturity of such Acceptance and the denominator of which is equal to 365, where (b) above is rounded to the fifth decimal place and 0.000005 is rounded up to 0.00001.
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Acceptance Purchase Price in respect of an Acceptance of a specified maturity, the result (rounded to the nearest whole cent, and with one-half cent being rounded up) obtained by dividing the face amount of such Acceptance by the sum of (a) one and (b) the product of (i) the Reference Discount Rate for Acceptances of the same maturity expressed as a decimal and (ii) a fraction, the numerator of which is the term to maturity of such Acceptance and the denominator of which is equal to 365.
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Acceptance Purchase Price has the meaning ascribed to that term in Section 4.6.
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Examples of Acceptance Purchase Price in a sentence

  • Each Borrower shall provide payment for any Bankers’ Acceptances created by a Lender by payment to the Administration Agent for the account of such Lender of the Face Amount thereof (or alternatively any deficiency in the Acceptance Purchase Price retained by the Lender pursuant to Section 4.6) by 10:00 a.m. (Vancouver time) on the maturity date of the Bankers’ Acceptance.

  • If the Acceptance Purchase Price received by the Lender is less than the undiscounted Face Amount of the then maturing Bankers’ Acceptance, such Borrower shall pay the amount of such deficiency to the Lender pursuant to Section 4.7.

  • The Borrowers shall provide payment for any Bankers' Acceptances issued by any of them by payment to TD Bank of the Face Amount thereof (or alternatively any deficiency in the Acceptance Purchase Price retained by TD Bank pursuant to Section 4.06) at the address set out in Section 13.03(b)(i) by 1:00 p.m. (Vancouver time) on the maturity date of the Bankers' Acceptance.

  • Canadian Borrower hereby authorizes each Canadian Lender to deduct from the amount to be remitted by it to the Canadian Administrative Agent in respect of the Bankers' Acceptance Purchase Price or other purchase price of any Bankers' Acceptance created by it the BA Fee in respect of such Bankers' Acceptance.

  • Not later than 11:00 A.M. (Toronto time) on an applicable Drawing Date, each Canadian Lender shall complete Drafts, dated such Drawing Date, with the maturity date and denominations specified in the applicable Drawing Notice, and following fulfillment of any applicable conditions and as specified in the applicable Drawing Notice, shall accept such Drafts and purchase the Bankers' Acceptances thereby created for the applicable Bankers' Acceptance Purchase Price.

  • If the Acceptance Purchase Price received by TD Bank is less than the undiscounted Face Amount of the then maturing Bankers' Acceptance, the Borrowers shall pay the amount of such deficiency to TD Bank pursuant to Section 4.07.

  • Each Borrower shall provide payment for any Bankers' Acceptances created by a Lender by payment to the Administration Agent for the account of such Lender of the Face Amount thereof (or alternatively any deficiency in the Acceptance Purchase Price retained by the Lender pursuant to Section 4.6) by 10:00 a.m. (Vancouver time) on the maturity date of the Bankers' Acceptance.

  • If the Acceptance Purchase Price received by the Lender is less than the undiscounted Face Amount of the then maturing Bankers' Acceptance, such Borrower shall pay the amount of such deficiency to the Lender pursuant to Section 4.7.

  • Not later than 11:00 a.m. (Toronto, Ontario time) on an applicable Drawing Date, each Canadian Lender shall complete Drafts, dated such Drawing Date, with the maturity date and denominations specified in the applicable Drawing Notice, and following fulfillment of the applicable conditions as set forth in SECTION 3.2 and as specified in the applicable Drawing Notice, shall accept such Drafts and purchase the Bankers' Acceptances thereby created for the applicable Bankers' Acceptance Purchase Price.

  • Schedule 1 to Assignment and Acceptance Name of Assignor: Name of Assignee: [Indicate if Assignee is an Affiliated Lender] Effective Date of Assignment and Acceptance: Purchase Price: Revolving Credit Commitment/Revolving Loans Assigned Aggregate Amount of Revolving Credit Commitment/Revolving Loans for all Lenders [Revolving Credit Commitment/Revolving Loan] [$ ] Principal Amount Assigned Percentage Assigned2 $ .** % Notice and Payment Instructions, etc.


More Definitions of Acceptance Purchase Price

Acceptance Purchase Price means, in respect of Bankers' Acceptances or Drafts to be purchased by a Lender, the difference between (i) the result (rounded to the nearest whole cent, with one-half of one cent being rounded up) obtained by dividing the aggregate Face Amount of such Bankers' Acceptances or Drafts by the sum of one plus the product of (A) the Discount Rate multiplied by (B) a fraction the numerator of which is the term of maturity of such Bankers' Acceptances or Drafts and the denominator of which is 365; and (ii) the applicable Acceptance Fee.
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Related to Acceptance Purchase Price

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Purchase Price has the meaning set forth in Section 2.1.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.