Maximum Committed Purchase Price definition

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

Maximum Committed Purchase Price shall have the meaning set forth in the Pricing Letter.

Maximum Committed Purchase Price means TWENTY-FIVE MILLION DOLLARS ($25,000,000). All funds made available by Buyer to Seller under this Agreement will first be attributed to the Maximum Committed Purchase Price.

Examples of Maximum Committed Purchase Price in a sentence

• This Agreement is not a commitment by Buyer to enter into Transactions with Seller for amounts exceeding the Maximum Committed Purchase Price, but rather, sets forth the procedures to be used in connection with periodic requests for Buyer to enter into Transactions with Seller.

• Seller hereby acknowledges that, beyond the Maximum Committed Purchase Price, Buyer is under no obligation to agree to enter into, or to enter into, any Transaction pursuant to this Agreement.

• This Agreement is a commitment by Buyer to engage in the Transactions as set forth herein up to the Maximum Committed Purchase Price; provided, that Buyer shall have no commitment to enter into any Transaction requested that would result in the aggregate Purchase Price of then-outstanding Transactions to exceed the Maximum Committed Purchase Price.

• This Agreement is a commitment by Buyer to enter into Transactions with Seller up to an aggregate amount equal to the Maximum Committed Purchase Price.

• The aggregate Purchase Price of Purchased Mortgage Loans subject to outstanding Transactions shall not exceed the Maximum Committed Purchase Price.

More Definitions of Maximum Committed Purchase Price

Maximum Committed Purchase Price means the “Maximum Roll-Up Committed Purchase Price” as defined in the Pricing Side Letter.

Maximum Committed Purchase Price means THREE HUNDRED MILLION DOLLARS ($300,000,000). All funds made available by Buyer to the Seller under this Agreement will first be attributed to the Maximum Committed Purchase Price. For purposes of this Agreement, Mortgage Loans will be allocated first to the Maximum Committed Purchase Price based on the date on which such Mortgage Loan becomes subject to this Agreement, commencing from the earliest date to the most recent date. To the extent that there is availability under the Maximum Aggregate Purchase Price, but any Mortgage Loans proposed by the Sellers for purchase by Buyer would otherwise exceed the Maximum Committed Purchase Price, then to the extent that such Maximum Committed Purchase Price would be exceeded, such Mortgage Loans may be purchased by the Buyer on an uncommitted basis, in Buyer's sole discretion.

Maximum Committed Purchase Price in their entirety and replacing them with the following:

Maximum Committed Purchase Price means $800,000,000; provided, that, for all purposes hereunder, for all Purchased Mortgage Loans that are GNMA Loans, the Maximum Committed Purchase Price shall be deemed to be $500,000,000. For the avoidance of doubt, the Maximum Committed Purchase Price hereunder shall not exceed $800,000,000, inclusive of all Purchased Mortgage Loans, including all Purchased Mortgage Loans that are GNMA Loans.

Maximum Committed Purchase Price and “Termination Date” in their entirety and replacing them with the following:

Maximum Committed Purchase Price means $10,000,000. All funds made available by Buyer to the Sellers under this Agreement will first be attributed to the Maximum Committed Purchase Price. For purposes of this Repurchase Agreement, Mortgage Loans will be allocated first to the Maximum Committed Purchase Price based on the date on which such Mortgage Loan becomes subject to this Repurchase Agreement, commencing from the earliest date to the most recent date.

Maximum Committed Purchase Price means, at any time, the sum of the Commitments of the Committed Buyers then in effect.