Certificate Purchase Price definition

Certificate Purchase Price means, with respect to the sale of tax certificates under sections 5721.32, 5721.33, and 5721.42 of the Revised Code, the amount equal to delinquent taxes charged against a certificate parcel at the time the tax certificate respecting that parcel is sold or transferred, not including any delinquent taxes the lien for which has been conveyed to a certificate holder through a prior sale of a tax certificate respecting that parcel. Payment of the certificate purchase price in a sale under section 5721.33 of the Revised Code may be made wholly in cash or partially in cash and partially by noncash consideration acceptable to the county treasurer from the purchaser, and, in the case of a county land reutilization corporation, with notes. In the event that any such noncash consideration is delivered to pay a portion of the certificate purchase price, such noncash consideration may be subordinate to the rights of the holders of other obligations whose proceeds paid the cash portion of the certificate purchase price.

Certificate Purchase Price means, with respect to the sale of Tax Cenificates under the Act, the Aggregate Tax, not including any delinquent taxes the lien for which has been conveyed to a certificate holder through a prior sale of a Tax Certificate for the Certificate Parcel, plus the Treasurer's Fee.

Certificate Purchase Price means, when used with respect to a purchase from the Servicer of either a GNMA Certificate, Xxxxxxx Mac Security or a Xxxxxx Xxx Security, the purchase price of each GNMA Certificate, Xxxxxxx Mac Security and Xxxxxx Xxx Security in an amount equal to the percentage of the principal component of the aggregate unpaid principal balance of each GNMA Certificate, Xxxxxxx Mac Security or Xxxxxx Xxx Security plus accrued interest to, but not including, the Certificate Purchase Date, based on the type of loans associated with such GNMA Certificate, Xxxxxxx Mac Security or Xxxxxx Xxx Security as shown in the applicable Invitation for each Program.

Examples of Certificate Purchase Price in a sentence

• The amount payable by Buyer to Seller for NEPOOL-GIS Certificates shall be the product of (a) the number of NEPOOL-GIS Certificates transferred and confirmed during a Trading Period and (b) the NEPOOL-GIS Certificate Purchase Price for the applicable Vintage in such Trading Period.

• The amount of payment guarantee (if requested) shall be equal to the lesser of (a) the cumulative product of the NEPOOL-GIS Certificate Quantity and the difference between the NEPOOL-GIS Certificate Purchase Price and the Alternative Compliance Payment Rate for the applicable NEPOOL-GIS Certificate Type and Vintage, or (b) the product of the NEPOOL-GIS Certificate Quantity and the NEPOOL-GIS Certificate Purchase Price, multiplied by 0.3.

• The amount payable by Buyer to Seller for NEPOOL-GIS Certificates shall be the product of (a) the number of NEPOOL-GIS Certificates transferred and confirmed during a Trading Period and (b) the NEPOOL-GIS Certificate Purchase Price for such Trading Period.

• The amount payable by Buyer to Seller for NEPOOL-GIS Certificates shall be the sum of: the product of (a) the number of RES Existing NEPOOL-GIS Certificates transferred and confirmed during a Trading Period and (b) the RES Existing NEPOOL-GIS Certificate Purchase Price for such Trading Period, plus the product of (a) the number of RES New NEPOOL-GIS Certificates transferred and confirmed during a Trading Period and (b) the RES New NEPOOL-GIS Certificate Purchase Price for such Trading Period.

• The intent of the Parties is that any such amendment reflect, as closely as possible, the intent, substance and effect of the NEPOOL Rule being replaced, modified or amended as such NEPOOL Rule was in effect prior to such termination, modification or amendment, provided that such amendment shall not alter: (i) the obligations of the Parties pursuant to Article 4 or 5 of this Agreement, or (ii) the NEPOOL GIS Certificate Purchase Price.

More Definitions of Certificate Purchase Price

Certificate Purchase Price means, with respect to the sale of tax certificates under sections 5721.32 and, 5721.33, and 5721.42 of the Revised Code, the amount equal to delinquent taxes, assessments, penalties, and interest computed under section

Certificate Purchase Price means, with respect to the Trust Certificates and as of a specified date, the sum of:

Certificate Purchase Price means the price paid by the Purchaser to the Corporation calculated as set forth in Section 3.07 hereof (or such other amount(s) as may be mutually agreed upon by the parties hereto) which shall be the 100.00% of the unpaid principal balance of the Mortgage Loans in the pool backing the applicable GNMA Certificate on record at GNMA on the first day of the month of purchase, plus accrued interest, plus the Corporation Fee. Accrued interest is calculated based upon the unpaid principal balance of such Mortgage Loans times the applicable pass through rate divided by 360 and the result thereof times the number of days from the first day of the month of purchase to, but not including, the day of purchase.

Certificate Purchase Price. For each Class A1, Class A2, Class A3 or Class A5 Certificate, the sum of (i) the outstanding Certificate Principal Balance of such Certificate on the Certificate Purchase Date (after giving effect to any distributions of principal payable pursuant to Section 5.02(a) of the Trust Agreement on such date and the allocation of the principal portion of Realized Losses on such date pursuant to Section 5.03 of the Trust Agreement) plus (ii) accrued interest on such Certificate for the period beginning on March 1, 2005 and ending on the Certificate Purchase Date.

Certificate Purchase Price. For each Class A Certificate, the sum of (i) the outstanding Certificate Principal Balance of such Certificate on the Certificate Purchase Date (after giving effect to any distributions of principal payable pursuant to Section 4.04(a)(ii)(A) of the Pooling and Servicing Agreement on such date and the allocation of the principal portion of Realized Losses on such date) plus (ii) any portion of the Interest Distribution Amount allocable to such Certificate for such date remaining unpaid on such date (after giving effect to any distributions of interest payable pursuant to Section 4.04(a)(ii)(A) of the Pooling and Servicing Agreement on such date).

Certificate Purchase Price means, with respect to the 37

Certificate Purchase Price. For each Put Option Certificate, the sum of (i) the outstanding Certificate Principal Balance of such Certificate on the Put Date (after giving effect to any distributions of principal and the allocation of the principal portion of Realized Losses on such date) and (ii) accrued and unpaid interest on such Certificate from the first day of the month to the date immediately prior to the Put Date at the applicable Certificate Interest Rate, after giving effect to any interest distributions otherwise made on such date.