Buydown Availability definition
Buydown Availability means that portion of the Buydown Amount in excess of the Minimum Balance Requirement.
Examples of Buydown Availability in a sentence
Upon the effective date thereof as set forth in the Buydown Availability Request, all Transactions shall revert to the applicable Asset Value as set forth in the Pricing Letter and Buyer shall return such previously applied amounts to the Operating Account.
Upon the effective date thereof as set forth in the Buydown Availability Request, all Transactions may revert to the applicable Asset Value as set forth in the Pricing Letter and Buyer may return such previously applied amounts to the Operating Account in its sole discretion.
Any return of the Buydown Availability to the Operating Account shall be subject to ▇▇▇▇▇’s sole discretion.