Buyer’s Margin Percentage definition

Buyer’s Margin Percentage. For any Purchased Asset as of any date, the percentage equivalent of the quotient obtained by dividing (a) one (1) by (b) the Applicable Percentage used to calculate the Purchase Price on the related Purchase Date.

Buyer’s Margin Percentage shall have the meaning assigned thereto in the Side Letter.

Buyer’s Margin Percentage with respect to any Transaction as of any date, a percentage (which may be equal to the Seller’s Margin Percentage) agreed to by Buyer and Seller or, in the absence of any such agreement, the percentage obtained by dividing the Market Value of the Purchased Securities on the Purchase Date by the Purchase Price on the Purchase Date for such Transaction;

Examples of Buyer’s Margin Percentage in a sentence

• For any Transaction in which a Fund is acting as Seller, the Buyer’s Margin Percentage shall be such percentage as the parties hereto may from time to time mutually determine; provided, that in no event shall such percentage be less than 100%.

• For any Transaction in which a Fund is acting as Buyer, the Buyer’s Margin Percentage shall always be equal to at least %, or such other percentage as the parties hereto may from time to time mutually determine; provided, that in no event shall such percentage be less than 100%.

• For any Transaction in which a Fund is acting as Buyer, the Buyer’s Margin Percentage shall always be equal to at least 102%, or such other percentage as the parties hereto may from time to time mutually determine; provided, that in no event shall such percentage be less than 100%.

• Buyer’s Margin Percentage and Seller’s Margin Percentage are 100%.

• For any Transaction in which a Fund is acting as Buyer, the Buyer’s Margin Percentage shall always be equal to at least %, or such other percentage as the par- ties hereto may from time to time mutually determine; provided, that in no event shall such percentage be less than 100%.

More Definitions of Buyer’s Margin Percentage

Buyer’s Margin Percentage means, with respect to Transactions in the aggregate as of any date of determination, the percentage obtained by dividing the Market Value of the Purchased Loans on the Purchase Date by the Purchase Price on the Purchase Date for the Transactions.

Buyer’s Margin Percentage means, with respect to any Transaction as of any date, a percentage equal to the percentage obtained by dividing the (A) Market Value of the Purchased Mortgage Loans on the Purchase Date for such Transaction by (B) the Purchase Price on the Purchase Date for such Transaction; provided, that, with respect to any Mortgage Loan which was not an Exception Mortgage Loan on the related Purchase Date and which, as of the date of determination, is an Exception Mortgage Loan, Buyer's Margin Percentage as of such date of determination shall be equal to the percentage obtained by dividing (A) the Market Value of such Mortgage Loan on the related Purchase Date by (B) the amount the Purchase Price would have been on the Purchase Date if such Mortgage Loan had been categorized as the type of Mortgage Loan (e.g., Exception Mortgage Loan, etc.) that it is categorized on the date of determination.

Buyer’s Margin Percentage means, with respect to any Transaction as of any date, a percentage equal to the percentage obtained by dividing the (a) Market Value of the Purchased Mortgage Loans on the Purchase Date for such Transaction by (b) the Purchase Price on the Purchase Date for such Transaction; provided, that, with respect to any Mortgage Loan which was not an Exception Mortgage Loan on the related Purchase Date and which, as of the date of determination, is an Exception Mortgage Loan, Buyer’s Margin Percentage as of such date of determination shall be equal to the percentage obtained by dividing (a) the Market Value of such Mortgage Loan on the related Purchase Date by (b) the amount the Purchase Price would have been on the Purchase Date if such Mortgage Loan had been categorized as the type of Mortgage Loan (e.g., Exception Mortgage Loan, etc.) that it is categorized on the date of determination.

Buyer’s Margin Percentage shall refer to the percentage used to calculate Buyer's margin Amount, which shall, for each Eligible Asset, equal 95%.

Buyer’s Margin Percentage means, with respect to the Purchased ------------------------- Loans or Purchased Securities, the applicable percentage set forth in Schedule I-A attached to this Annex I under the heading "Margin Maintenance Percentage".

Buyer’s Margin Percentage means, with respect to any Transaction as of any date, one hundred percent (100%);

Buyer’s Margin Percentage means, with respect to any Transaction as of any date of determination, a percentage equal to the decimal equivalent of 1 divided by the Pricing Percentage. By way of example only, the Buyers' Margin Percentage would be 125% if the Pricing Percentage equaled 80% (1/0.0080=125).