Further Advance Purchase Price definition

Further Advance Purchase Price means an amount equal to the principal amount of the relevant Further Advance paid by the Issuer to the Seller on the Monthly Pool Date immediately succeeding the Monthly Period in which the relevant Advance Date occurred by using amounts standing to the credit of the Principal Ledger;
Sample 1Sample 2Sample 3
Further Advance Purchase Price means the Principal Outstanding Balance of the relevant Further Advance as at the Advance Date.
Sample 1Sample 2Sample 3
Further Advance Purchase Price means, with respect to a Further Advance, an amount equal to the Capital Balance of such Further Advance;
Sample 1

Examples of Further Advance Purchase Price in a sentence

  • If there are insufficient amounts available to the Issuer to pay the Further Advance Purchase Price on the relevant date, then the Seller must repurchase the relevant Loan and its Related Security from the Issuer on or prior to the last day of the calendar month following the month in which the relevant Advance Date falls.

  • Further, the Issuer must pay the Further Advance Purchase Price to the Seller on the date falling 5 Business Days after the last day of the calendar month in which the Further Advance is made, to the extent that the Issuer has sufficient Principal Receipts.

  • In 2007, the UN General Assembly in turn adopted a Declaration on the Rights of Indigenous Peoples (DRIP).

  • The consideration from the Issuer to the Seller in respect of the sale of Further Advances to the Issuer shall be the Further Advance Purchase Price which will be met through Principal Receipts and paid to the Pre-Funding Principal Reserve: Conditions for Acquisition of Additional Mortgage Loans:Seller on (or as soon as practicable after) the date on which the Further Advance is made.

  • If no Notice of Non-Satisfaction of Further Advance Conditions has been given by the Seller to the Issuer, or has been so given and subsequently revoked by the Seller, then the Issuer must pay the Further Advance Purchase Price in respect of such Further Advance to the Seller on or prior to the last day of the calendar month following the month in which the relevant Advance Date falls to the extent that the Issuer has sufficient Principal Receipts.

  • The consideration from the Issuer to the Seller in respect of the sale of Further Advances to the Issuer shall be the Further Advance Purchase Price, which will, if sufficient, be met through Principal Receipts on the date falling 5 Business Days after the last day of the calendar month in which the Further Advance is made.

  • The purchase price for the relevant Further Advance shall be an amount equal to the Current Balance of the Further Advance (the "Further Advance Purchase Price") and will be paid from Principal Receipts.

  • The consideration from the Issuer to the Seller in respect of the sale of Further Advances to the Issuer shall be the Further Advance Purchase Price which will be met through Principal Receipts and paid to the Seller on (or as soon as practicable after) the date on which the Further Advance is made.

  • Representations and Warranties:The consideration from the Issuer to the Seller in respect of the sale of Further Advances and/or Flexible Drawings to the Issuer shall be the Further Advance Purchase Price and/or the Flexible Drawings Purchase Price, as applicable, which will, if sufficient, be met through Available Principal Receipts on the last day of the calendar month in which the Further Advance and/or Flexible Drawing is made.

  • Further, the Issuer must pay the Further Advance Purchase Price to the relevant Seller on the fifth London Business Day following the relevant Advance Date to the extent that the Issuer has sufficient amounts standing to the credit of the Retained Principal Receipts Fund or otherwise sufficient Principal Receipts and otherwise on each subsequent Business Day until and to the extent that such Further Advance Purchase Price is paid in full.

Related to Further Advance Purchase Price

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Further Advance means, in relation to a Loan, any advance of further money to the relevant Borrower following the making of the Initial Advance, which is secured by the same Mortgage as the Initial Advance, excluding the amount of any retention in respect of the Initial Advance;

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Initial Loan is defined in Section 2.1.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Receivables Purchase Price means $1,652,997,849.97.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • The Advance Purchase Order or “Letter of Intent” means the intention of Purchaser to place the Purchase Order on the bidder.

  • Guaranteed Advance Payment Sum means: The maximum amount of R .........................................................................

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.

  • Advance Payment Contract means any contract whereby any Credit Party either (a) receives or becomes entitled to receive (either directly or indirectly) any payment (an “Advance Payment”) to be applied toward payment of the purchase price of Hydrocarbons produced or to be produced from Oil and Gas Interests owned by any Credit Party and which Advance Payment is, or is to be, paid in advance of actual delivery of such production to or for the account of the purchaser regardless of such production, or (b) grants an option or right of refusal to the purchaser to take delivery of such production in lieu of payment, and, in either of the foregoing instances, the Advance Payment is, or is to be, applied as payment in full for such production when sold and delivered or is, or is to be, applied as payment for a portion only of the purchase price thereof or of a percentage or share of such production; provided that inclusion of the standard “take or pay” provision in any gas sales or purchase contract or any other similar contract shall not, in and of itself, constitute such contract as an Advance Payment Contract for the purposes hereof.

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Maximum Revolving Advance Amount means $30,000,000.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.