Optional Repurchase Payment definition

Optional Repurchase Payment means, with respect to the repurchase by the Seller of Contracts pursuant to Section 3.10, an amount equal to the sum of accrued and unpaid interest on the Contracts, the Base Price and the Repurchase Premium; provided, however, on any Repurchase Distribution Date on which the Aggregate Principal Balance is less than $___,000,000, the Optional Repurchase Payment will equal the greater of (i) an amount equal to the sum of accrued but unpaid interest on such Contracts, the Base Price and the Repurchase Premium and (ii) an amount equal to the sum of the outstanding principal on the Notes and all unpaid interest thereon that has accrued through the related Interest Period.
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Optional Repurchase Payment means, with respect to the repurchase by the Seller of all Contracts pursuant to Section 3.10, an amount equal to the sum of accrued but unpaid interest on such Contracts, the Base Price and the Repurchase Premium.
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Optional Repurchase Payment means, with respect to the repurchase by WFSRC of all WFSRC Contracts pursuant to Section 3.10, an amount equal to the sum of Base Price and the Repurchase Premium.
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Examples of Optional Repurchase Payment in a sentence

  • Upon such deposit of the Optional Repurchase Payment, the Owner Trustee shall execute and deliver such instruments of transfer or assignment, in each case without recourse, as shall be requested by the Certificateholder to vest in such Certificateholder title to any Contract purchased hereunder.

  • To exercise such option, the Certificateholders shall, on the Business Day immediately preceding the related Distribution Date, pay to the Indenture Trustee for the benefit of the Securityholders, by deposit in the Collection Account, the Optional Repurchase Payment.

  • Upon such Deposit of the Optional Repurchase Payment, the Owner the Owner Trustee shall Execute and Deliver such Instruments of Transfer or Assignment, in each case without Recourse, as shall be Requested by the Holder of the Certificate to Vest in the Holder of the Certificate Title to any Contract Purchased hereunder.

  • The amount payable upon a Repurchase of each $1,000 principal amount of Securities (the "Optional Repurchase Payment Amount") shall equal (i) the Alternative Redemption Amount and (ii) any accrued but unpaid interest through the Non-Delaying Event Repurchase Date or, if a Delaying Event occurs, through but excluding the Delaying Event Repurchase Date.

  • In response to a request made by the Trustee for a determination of the Maturity Payment Amount due at Stated Maturity of the Securities, the Redemption Payment Amount and the Optional Repurchase Payment Amount, the Calculation Agent shall determine such Payment Amount and notify the Trustee of its determination.

  • To Exercise such Option, the Holder of the Certificate shall, on the Business Day immediately preceding the Related Distribution Date, pay to the Indenture Trustee for the Benefit of the Securityholders, by Deposit in the Collection Account, the Optional Repurchase Payment.

Related to Optional Repurchase Payment

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.

  • Purchase Payment A payment made toward this Contract.

  • Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • Warranty Purchase Payment means, with respect to a Payment Date and to a Warranty Receivable repurchased by the Seller as of the close of business on the last day of the related Collection Period, the sum of (a) the unpaid principal balance owed by the Obligor in respect of such Receivable plus (b) interest on such unpaid principal balance at a rate equal to the related APR to the last day in the related Collection Period.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Make-Whole Payment means, with respect to any Series 2019-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2019-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2019-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Termination Price As defined in Section 9.01.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;