Originator Adjustment Payment definition

Originator Adjustment Payment shall have the meaning assigned to such term in Section 2.06(a) (or corresponding Section) of the Origination Agreements.
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Originator Adjustment Payment shall have the meaning assigned to it in Section 2.06(a) of the Sale Agreement.
Sample 1

Examples of Originator Adjustment Payment in a sentence

  • Upon the payment of an Originator Adjustment Payment hereunder, the Purchaser shall automatically agree to pay to such Originator all Collections received subsequent to such repurchase with respect to such repurchased Receivable.

  • Upon the payment of an Originator Adjustment Payment hereunder, the Purchaser shall automatically agree to pay to the relevant Originator all Collections received subsequent to such repurchase with respect to such repurchased Receivable.

  • If such matter is not capable of being remedied or is not so remedied within said period of 30 days, such Originator upon request of the Purchaser shall repurchase the relevant Receivable from the Purchaser at a repurchase price (without duplication of any Originator Dilution Adjustment Payments made pursuant to Clause 2.7 hereof), equal to the original Principal Amount of such Receivable less Collections received by the Purchaser in respect of such Receivable (the "Originator Adjustment Payment").

  • Upon the payment of the Originator Adjustment Payment hereunder, the Purchaser shall automatically agree to pay to the Originator all Collections received subsequent to such repurchase with respect to such repurchased Receivable.

  • If such matter is not capable of being remedied or is not so remedied within said period of 30 days, the Originator upon request of the Purchaser shall repurchase the relevant Receivable from the Purchaser at a repurchase price (without duplication of any Originator Dilution Adjustment Payments made pursuant to Clause 2.7 hereof), equal to the original Principal Amount of such Receivable less Collections received by the Purchaser in respect of such Receivable (the "Originator Adjustment Payment").

  • Upon payment of an Originator Adjustment Payment, the Buyer shall automatically agree to pay to the applicable Originator all Collections received with respect to such Ineligible Receivable.

  • Any payment by any Originator pursuant to this Section 2.06(a) is referred to as an "Originator Adjustment Payment".

  • If, on or prior to such 30th day (or the Business Day immediately succeeding such 30th day, as applicable), an Originator shall make an Originator Adjustment Payment in respect of any such Ineligible Receivable, then the Buyer shall have no further remedy against such Originator in respect of the Ineligibility Event with respect to such Receivable.

Related to Originator Adjustment Payment

  • Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

  • Contract Adjustment Payments means the payments payable by the Company on the Special Payment Date or the Payment Dates in respect of each Purchase Contract, at a rate per year of [•]% of the Stated Amount per Purchase Contract.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Individual Settlement Payment means the amount payable from the Net

  • SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Delta Payment means as it is described in this Agreement.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $152,300.00 plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

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

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.