Final Purchase Price Adjustment definition

Final Purchase Price Adjustment has the meaning set forth in Section 2.6(c).

Final Purchase Price Adjustment means the Purchase Price Adjustment:

Final Purchase Price Adjustment means with respect to a Mortgage Loan, the product of (i) the outstanding principal balance as of a particular date and (ii) the corresponding applicable percentage(s) set forth on the Pricing Matrix relating to the Final Servicing Fee Rate, loan size, escrow characteristics, remittance style, and Maximum Interest Rate, less the amount previously paid pursuant to the Purchase and Sale Agreement for the Servicing Rights relating to such Mortgage Loan.

Examples of Final Purchase Price Adjustment in a sentence

• Upon the decision of the Accounting Arbitrator, the Purchase Price Adjustment Statement, as adjusted to the extent necessary to reflect the Accounting Arbitrator’s decision (and as otherwise adjusted in accordance with this Article I), shall be the Final Purchase Price Adjustment Statement.

• Thereafter, Owner shall provide to Company a computation of Final Purchase Price Adjustment relating to such Portfolio Mortgage Loans and Special Portfolio Mortgage Loans.

• Within five (5) Business Days following any Transfer, Owner shall provide to Company a computation of Final Purchase Price Adjustment relating to the Mortgage Loans that were the subject of such Transfer.

• The Final Purchase Price Adjustment shall be paid by the owing party to the other party by wire transfer of immediately available funds within five (5) Business Days following receipt of the computation of Final Purchase Price Adjustment by the Company.

• The Final Purchase Price Adjustment shall be computed on the basis of the outstanding principal balance of the respective Portfolio Mortgage Loans and Special Portfolio Mortgage Loans as of the end of the calendar month contemplated above.

More Definitions of Final Purchase Price Adjustment

Final Purchase Price Adjustment is defined in Section 2.8.

Final Purchase Price Adjustment has the meaning set forth in Section 2.6(c)(iii). “GAAP” means United States generally accepted accounting principles in effect from time to time, as applied by Seller.

Final Purchase Price Adjustment shall have the meaning set forth on Schedule 2.1.

Final Purchase Price Adjustment means the final and binding Purchase Price Adjustment calculated pursuant to Section 2.6(b) or 2.6(c), as the case may be. The term “Final Purchase Price” means the Initial Purchase Price, plus the Final Purchase Price Adjustment, if such amount is a positive number, or minus the absolute value of the Final Purchase Price Adjustment, if such amount is a negative number. The Final Purchase Price Adjustment shall be treated as an adjustment to the purchase price for federal, state, territory, local and foreign income Tax purposes, unless otherwise required by applicable Law.

Final Purchase Price Adjustment shall have the meaning set forth in Article 2.7 of this Agreement.

Final Purchase Price Adjustment means (a) if the Final Purchase Price is greater than the Estimated Purchase Price, then the amount by which the Final Purchase Price exceeds the Estimated Purchase Price which amount shall be expressed as a positive number, (b) if the Final Purchase Price is less than the Estimated Purchase Price then the amount by which the Estimated Purchase Price exceeds the Final Purchase Price, which amount shall be expressed as a negative number, or (c) if the Final Purchase Price is equal to the Estimated Purchase Price, then an amount equal to zero dollars ($0).

Final Purchase Price Adjustment is defined in Section 1.5(g).