Par Percentage definition

Par Percentage shall have the meaning set forth in the Pricing Side Letter.
Par Percentage in the case of Mortgage Loans that are:
Par Percentage has the meaning set forth in the Side Letter.

Examples of Par Percentage in a sentence

  • Following the consummation of this sale, Seller agrees that Buyer shall have the right, exercisable in its sole discretion, to reduce the Par Percentage and MV Percentage with respect to each Purchased Asset and for any new Asset that may thereafter become subject to a Transaction by five percent (5%).


More Definitions of Par Percentage

Par Percentage means:
Par Percentage means the percentage of each dollar wagered that the house wins (i.e., Tribal gaming operation advantage);
Par Percentage. Pricing Rate”, “Purchase Price”, “Purchase Price Percentage” and “Reperforming Mortgage Loan” in their entirety and replacing the same with the following: