Price Differential Period definition

Price Differential Period means, the period from and including a Price Differential Payment Date, up to but excluding the next Price Differential Payment Date.
Price Differential Period means, for any Transaction, (i) an initial period beginning on the Purchase Date for such Transaction and ending on the last day of the calendar month in which such Purchase Date occurs; and (ii) subsequent consecutive periods thereafter, beginning on the first day of each subsequent calendar month and ending on the earlier of (x) the last day of the same calendar month in which such Price Differential Period began and (y) the Amortization Date; and (iii) subsequent consecutive periods after the Amortization Date, beginning on the first day following, initially, the Amortization Date, and thereafter, each Repurchase Date, and ending on the earlier of (x) the day prior to the next following Repurchase Date and (y) the date on which the amount of all Obligations have been reduced to zero.

Examples of Price Differential Period in a sentence

  • Such interest shall be computed on the basis of the actual number of days in each Price Differential Period and a 360‑day year.

Related to Price Differential Period

  • Price Differential with respect to any Transaction as of any date, the aggregate amount obtained by daily application of the Pricing Rate for such Transaction to the Purchase Price for such Transaction on a 360 day per year basis for the actual number of days during the period commencing on (and including) the Purchase Date for such Transaction and ending on (but excluding) the date of determination (reduced by any amount of such Price Differential previously paid by Seller to Buyer with respect to such Transaction);

  • Make-Whole Amount is defined in Section 8.6.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Payment Period means the three months following each Collection Quarter.