Originator Purchase Price definition

Originator Purchase Price shall have the meaning assigned to such term in Section 2.02 (or corresponding Section) of the Receivables Purchase Agreements.
Originator Purchase Price shall have the meaning assigned to such term in Section 2.02 of the U.K. Receivables Purchase Agreement, the Dutch Receivables Purchase Agreement and the U.S. Receivables Purchase Agreement.
Originator Purchase Price. With respect to any Mortgage Loan, means the Repurchase Price to be paid by the Originator pursuant to Section 3.03(b) of the Originator Mortgage Loan Purchase Agreement.

Examples of Originator Purchase Price in a sentence

  • The aggregate purchase price payable by the Purchaser -------------- to an Originator (the "Originator Purchase Price") for Receivables and other ------------------------- Receivable Assets on any Seller Payment Date under this Agreement shall be equal to the product of (i) the aggregate outstanding Principal Amount of Eligible Receivables as set forth in the applicable Originator Daily Report and (ii) one (1) minus the Discounted Percentage.

  • In consideration of the Seller's transfer and conveyance hereunder to each Originator of such Transferred Receivables, such Originator shall pay an amount (the "Originator Purchase Price") to the Seller equal to the portion of the Reconveyance Amount attributable to the Transferred Receivables of such Originator, which Originator Purchase Price shall be payable by such Originator on the Effective Date to such account or person as may be directed by the Seller, and in immediately available funds.

  • Subject to the terms and conditions of this Agreement, upon payment by each Originator of the Originator Purchase Price for its Transferred Receivables in accordance with the provisions of this Section 3, all rights, titles and interests (including Liens) of the Seller in or to such Transferred Receivables shall terminate and be released without further action, all as of the Effective Date.

  • The aggregate purchase price payable by the Purchaser to an Originator (the "Originator Purchase Price") for Receivables and other Receivable Assets on any Seller Payment Date under this Agreement shall be equal to the product of (i) the aggregate outstanding Principal Amount of Eligible Receivables as set forth in the applicable Originator Daily Report and (ii) one (1) minus the Discounted Percentage.

  • Each Purchased Receivable, on the Originator Payment Date on which the Originator Purchase Price therefore is paid, is owing from an Obligor that is an Eligible Obligor on such Originator Payment Date.

  • Purchaser shall pay the Originator Purchase Price for each Receivable and other Receivable Assets (net of the deductions referred to in Section 2.03(b)) on each date of sale related to such purchased Receivable (each such day, an "Originator Payment Date").


More Definitions of Originator Purchase Price

Originator Purchase Price shall have the meaning assigned to such term in Section 2.02 (or corresponding Section) of the Receivables Purchase Agreements. “Originator Termination Date” shall have the meaning assigned to such term in Section 7.01 (or corresponding Section) of the Origination Agreements. “Originator Termination Event” shall have the meaning assigned to such term in Section 7.01 (or corresponding Section) of each Origination Agreement, or such other corresponding provision, as applicable.
Originator Purchase Price. In respect of any Originator on any Purchase Date, the consideration to be received by such Originator, which shall equal the Market Value of the Mortgage Loans, and shall consist of the sum of (i) the Cash Portion applicable to such Originator and Purchase Date and (ii) the Non-Cash Portion applicable to such Originator and Purchase Date. The "Cash Portion" for any Originator and Purchase Date shall be the product of (A) a fraction, the numerator of which is the Market Value of the Mortgage Loans sold by that Originator and the denominator of which is the Market Value of the Mortgage Loans being sold by all Originators, in each case on the related Purchase Date, and (B) the aggregate Purchase Price received by the Depositor on such Purchase Date. The "Non-Cash Portion" for any Originator shall be the excess, if any, of (x) the Market Value of the Mortgage Loans sold by such Originator over (y) the Cash Portion received by such Originator, in each case on the related Purchase Date. The Non-Cash Portion shall be reflected as an increase in the aggregate principal amount of the related Originator's Demand Note.

Related to Originator Purchase Price

  • Receivables Purchase Price means $1,375,000,017.71.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

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

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

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.

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

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Repurchase Price means, with respect to any Loan, first taking the Book Value of the Asset at Bank Closing and either subtracting the Asset discount or adding the Asset premium, and subsequently adjusting that total by (i) adding any advances and interest on such Loan after Bank Closing, (ii) subtracting the total amount received by the Assuming Institution for such Loan after Bank Closing, regardless of how applied, and (iii) adding total disbursements of principal made by Receiver not otherwise included in the Book Value.

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

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

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.