Optional Repurchase Price definition

Optional Repurchase Price has the meaning provided in Section 2.08 hereof.

Optional Repurchase Price has the meaning given to it in Section 2.4 of the Mortgage Sale Agreement;

Optional Repurchase Price means the cash price payable by the Company to repurchase any Note upon an Optional Repurchase, calculated pursuant to Section 4.03(C).

Examples of Optional Repurchase Price in a sentence

• If the Paying Agent holds, in accordance with the terms of the Indenture, money sufficient to pay the Optional Repurchase Price of such Notes on the Optional Repurchase Date, then on and after such date, such Notes shall cease to be Outstanding and interest on such Notes shall cease to accrue, and all rights of the Holder of such Notes shall terminate (other than the right to receive the Optional Repurchase Price after delivery or transfer of the Notes).

• Book-entry transfer of Notes in book-entry form in compliance with appropriate procedures of the Depositary or delivery of Notes in certificated form, together with all necessary endorsements, to the Paying Agent on or after the Optional Repurchase Date at the offices of the Paying Agent shall be a condition to the receipt by the Holder of the Optional Repurchase Price therefor.

• The Company will pay or cause to be paid all the principal of, the Fundamental Change Repurchase Price, Redemption Price and Optional Repurchase Price for, interest on, and other amounts due with respect to, the Notes on the dates and in the manner set forth in this Indenture.

• So long as NMAC is the Servicer, NMAC (as Servicer or in any other capacity) may make the remittances pursuant to Sections 5.02 and 5.05 above net of amounts to be distributed to the Servicer or its Affiliates pursuant to Section 5.06 and may pay the Optional Repurchase Price pursuant to Section 9.01(a) net of amounts to be distributed to the Servicer or its Affiliates.

• The Company shall pay the Optional Repurchase Price within two Business Days after the later of the Optional Repurchase Date or the time of such transfer or delivery of the Notes.

More Definitions of Optional Repurchase Price

Optional Repurchase Price means the cash price payable by the Company to repurchase any share of Convertible Preferred Stock upon its Optional Repurchase, calculated pursuant to Section 8(e).

Optional Repurchase Price shall have the meaning set forth in Section 15.01(a).

Optional Repurchase Price means, with respect to a Note (or any portion thereof) to be repurchased upon an Optional Repurchase Date, an amount in cash equal to 100% of the principal amount of such Note (or such portion thereof), plus accrued and unpaid interest thereon to, but excluding, such Optional Repurchase Date.

Optional Repurchase Price has the meaning provided in Section 3.02(a) hereof.

Optional Repurchase Price has the meaning specified in Section 1501(a) of the Indenture.

Optional Repurchase Price means, for any Notes to be repurchased on the Optional Repurchase Date, a price equal to 100% of the principal amount of such Notes. For the avoidance of doubt, accrued and unpaid interest, if any, on any Note to be repurchased on an Optional Repurchase Date to, but excluding, the Interest Payment Date falling on such Optional Repurchase Date will be payable, on such Interest Payment Date, to the Holder of such Note at the Close of Business on the immediately preceding Regular Record Date.

Optional Repurchase Price means, from the Issue Date to and including the first anniversary thereof, $23.10 per share of Series A Convertible Preferred Stock, and after the first