Individual Purchase Price definition

Individual Purchase Price means the purchase price of each Receivable, which is equal to the Principal Amount Outstanding of such Receivable as of the relevant Purchase Date.

Individual Purchase Price means that part of the Purchase Price allocated to the Purchase Object or Shares in question as set out in in Annex 4.1;

Individual Purchase Price means, in respect of each Receivable and as at the Valuation Date, an amount equal to the aggregate of any Principal Instalments not yet due in respect of such Receivable.

Examples of Individual Purchase Price in a sentence

• The provisions of these Limitations on Liability shall not apply to the liability of any Seller arising from a breach of the Title Matters, provided, however, that such liability of the Sellers shall be limited, together with any other liability of the Sellers under this Agreement, to an amount equal to the relevant Individual Purchase Price of the relevant Purchase Object or Shares.

• The Corporate Guarantee shall automatically reduce by a sum representing 5% of an Individual Purchase Price allocated to any individual Purchase Object/Shares pursuant to the Individual Transfer which is rescinded by either party pursuant to Sections 12.2, 14.5.3, 14.5.4 or 16.2.2, such reduction to take effect upon effectiveness of the relevant rescission.

• This Section 3.3 constitutes a bilateral deed of sale (promesse synallagmatique de vente) within the meaning of and governed by Article 1589 of the French Civil Code, the parties having agreed in particular on the Individual Purchase Price and on the subject matter of the sale as set forth in Schedule 3.3, which is expressly acknowledged by and agreed between the parties.

• The Collateral serves as security for the Seller’s claims for non-payment of any Individual Purchase Price under this Agreement and the Individual Transfers.

• For the purpose of the Sellers' maximum liability and with respect to the Individual Transfers as set out in Schedules 3.7.2 and 3.11, the respective Individual Purchase Price allocated to the Shares shall be the Agreed Property Value.

More Definitions of Individual Purchase Price

Individual Purchase Price means the price of each Receivable purchased by the Issuer pursuant to the Transfer Agreement, as indicated in schedule 4 (Prospetto dei Crediti ricompresi nel Portafoglio Iniziale) of the Transfer Agreement in respect of the Initial Portfolio and in schedule B (Prospetto dei Crediti ricompresi nel Portafoglio) of the relevant Offers in respect of each Further Portfolio, with the aggregate of the Individual Purchase Prices being equal to the relevant Purchase Price.

Individual Purchase Price shall have the meaning set forth in Section 1.7.

Individual Purchase Price means, with respect to any Receivable, the sum of the following amounts:

Individual Purchase Price means, with respect to each Receivable transferred pursuant to the Master Loans Purchase Agreement: (i) the Ultimo Valore di Iscrizione in Bilancio (as defined under the Master Definition Agreement) of the relevant Receivable minus all principal and interest collections (with respect only to the amounts of interest which constitute the Ultimo Valore di Iscrizione in Bilancio) received by the Seller with respect to the relevant Receivables from the date of the most recent financial statements of the Seller up to the relevant Transfer Date (included) and increased of the amount of interest accrued and not yet collected on such Receivables during the same period; or, at the option of the Seller (ii) such other value, as indicated by the Seller in the Transfer Notice, as will allow the Seller to consider each duty or tax due as if the relevant Receivables had not been transferred for the purpose of article 7-viciester of the Securitisation and Covered Bond Law.”

Individual Purchase Price for each Asset equals the product of the percentage for such Asset as set forth in the column headed IPP Percentage on Exhibit A-1 and the dollar amount for such Asset as set forth in the column headed PNBK Customer Balance on Exhibit A-1, as same may be subject to proration and adjustment pursuant to this Agreement. For purposes of this Agreement, the parties acknowledge that the PNBK Customer Balance represents (a) with respect to a Loan, the outstanding principal balance of such Loan as of the date hereof, and (b) with respect to a Property, the outstanding principal balance of the mortgage loan previously held by Loan Seller on the date that Property Seller (as nominee of Loan Seller) foreclosed on or otherwise accepted fee title to such Property.

Individual Purchase Price means (i) the most recent book value (ultimo valore di iscrizione in bilancio) of the relevant Receivable, minus all principal Collections received by the relevant Seller (from the Business Day following the date on which the most recent book value (ultimo valore di iscrizione in bilancio) is calculated (included) to the relevant Valuation Date (excluded))

Individual Purchase Price means the individual price of each Receivable equal to the aggregate of the Outstanding Loan Amount relating to such Receivable as of the Valuation Date.