Current Seller Share definition

Current Seller Share means the amount of Trust Property beneficially owned by the Seller from time to time, as determined in accordance with Clause 8 (Adjustment of Funding Share Percentage and Seller Share Percentage) of the Mortgages Trust Deed;
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Current Seller Share means the amount of trust property beneficially owned by the Seller from time to time.
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Current Seller Share means the amount of Trust Property beneficially owned by the Seller from time to time, as determined in accordance with Clause 8 (Adjustment of Funding Share Percentage, Funding 2 Share Percentage and Seller Share Percentage) of the Mortgages Trust Deed;
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Examples of Current Seller Share in a sentence

  • The Cash Manager shall ensure that the Current Funding Share and the Current Funding Share Percentage of the Trust Property and the Current Seller Share and the Current Seller Share Percentage of the Trust Property are recorded in the Funding Share/Seller Share Ledger on the Initial Closing Date and thereafter on each Distribution Date.

  • Except for the Initial Closing Date on which the Funding Share Percentage and the Seller Share Percentage shall be calculated to two decimal places, and unless otherwise agreed by the Beneficiaries, the Current Funding Share Percentage and the Current Seller Share Percentage shall be calculated to five decimal places.

  • The "Current Seller Share" will be an amount equal to: Outstanding Principal Balance of all the Loans in the Trust Property on the relevant Calculation Date - Current Funding 1 Share.

  • References herein to the "SELLER SHARE" shall mean, prior to the first Distribution Date, the Initial Seller Share and thereafter shall mean the Current Seller Share (as defined below).

  • On each Calculation Date, the "Current Seller Share Percentage" will be an amount calculated to the accuracy of five decimal places equal to: 100% - Current Funding 1 Share Percentage.

  • The Cash Manager shall ensure that the Current Funding 1 Share and the Current Funding 1 Share Percentage of the Trust Property and the Current Seller Share and the Current Seller Share Percentage of the Trust Property are recorded in the Funding 1 Share/Seller Share Ledger on the Initial Closing Date and thereafter on each Distribution Date.

  • On each Trust Calculation Date and on each Interim Trust Calculation Date, the Current Seller Share Percentage will be an amount equal to: 100 per cent.

  • The Current Seller Share will be an amount equal to: Outstanding Principal Balance of all the Loans in the Trust Property on the relevant Calculation Date – (Current Funding 1 Share + Current Funding 2 Share (each as calculated on such Calculation Date)).

  • Funding 2 Share/Seller Share Ledger The Cash Manager shall ensure that the Current Funding Share and the Current Funding Share Percentage of the Trust Property, the Current Funding 2 Share and the Current Funding 2 Share Percentage of the Trust Property and the Current Seller Share and the Current Seller Share Percentage of the Trust Property are recorded in the Funding Share/Funding 2 Share/Seller Share Ledger on the Initial Closing Date and thereafter on each Distribution Date.

  • The Cash Manager shall ensure that the Current Funding Share and the Current Funding Share Percentage of the Trust Property, the Current Seller Share and the Current Seller Share Percentage of the Trust Property are recorded in the Funding Share/Seller Share Ledger on the Initial Closing Date and thereafter on each Distribution Date.


More Definitions of Current Seller Share

Current Seller Share means the amount of Trust Property, beneficially owned by the Seller from time to time, as determined in accordance with CLAUSE 6 of the Mortgages Trust Deed;
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Related to Current Seller Share

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Seller’s Share of any amount means the greater of: (a) $0 and (b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest.

  • Seller Entities means the Seller and its affiliates other than the Buyer Entities;

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Closing Consideration shall have the meaning set forth 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.

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Purchaser/ User means ultimate recipient of goods and services

  • Time-share estate means a right to occupy a condominium unit or any of several condominium units during 5 or more separated time periods over a period of at least 5 years, including renewal options, coupled with a freehold estate or an estate for years.

  • First-time home buyer means an individual or his or her spouse or domestic partner who have not owned a home during the three-year period prior to purchase of a home.

  • Buyer has the meaning set forth in the preamble.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Seller has the meaning set forth in the Preamble.

  • Buyer Entities means, collectively, Buyer and all Buyer Subsidiaries.

  • Purchaser means the organization purchasing the goods.

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Seller's facilities to furnish the requirements of Buyers, together with unaccounted for gas. This gas shall be considered Included In Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • Market Seller Offer Cap means a maximum offer price applicable to certain Market Sellers under certain conditions, as determined in accordance with Tariff, Attachment DD. section 6 and Tariff, Attachment M-Appendix, section II.E.

  • Company Shares means the common shares in the capital of the Company;

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Closing has the meaning set forth in Section 2.2.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).