Price Payment definition
Examples of Price Payment in a sentence
Payment of Exercise Price: Payment of the Exercise Price with respect to Class A Warrants being exercised hereunder shall be made by the payment to the Company by wire transfer, of an amount equal to the Exercise Price multiplied by the number of Class A Warrants then being exercised.
The Trustee shall have no duty to review or otherwise determine the adequacy of the Auction Administration Agreement, the Par Price Payment Agreement or the Swap Agreement.
To induce Grantee to enter into the Current Supplement Documents and to pay the Current Purchase Price Payment, Grantor hereby covenants with Grantee that Grantor will perform all of its covenants and duties under the Production Payment Documents, all as fully as if they were set out in full herein.
In the event that a reduction pursuant to this Section 3.02 causes the Purchase Price to be a negative number, Centurion agrees that, on the Purchase Price Payment Date, Centurion shall pay or cause to be paid to TRS an amount equal to the amount by which the Purchase Price Adjustment exceeds the unadjusted Purchase Price.
In the event that a reduction pursuant to this Section 3.02 causes the Purchase Price to be a negative number, FSB agrees that, on the Purchase Price Payment Date, FSB shall pay or cause to be paid to TRS an amount equal to the amount by which the Purchase Price Adjustment exceeds the unadjusted Purchase Price.
Thereupon, SPS shall pay all of the Current Purchase Price Payment to Grantor in accordance with the terms and procedures of the Purchase Agreement.
The Price will be increased by adding a price adjustment for each Purchase Price Payment.
If that Purchase Price Adjustment also requires Funding to credit funds to the Collection Account under subsection 4.03(c)(i) of the Pooling and Servicing Agreement, the date by which Funding is required to do so must be a Purchase Price Payment Date.
Chase USA agrees that on the Purchase Price Payment Date, Chase USA shall pay or cause to be paid to Chase Card Funding an amount equal to the greater of (i) the amount by which the Purchase Price Adjustment exceeds the unadjusted Purchase Price and (ii) the amount of any Adjustment Payment required to be paid by Chase Card Funding pursuant to Section 3.06.
The Purchase Price shall be reduced on each Purchase Price Payment Date (a “Purchase Price Adjustment”) with respect to any Receivable conveyed to Chase Card Funding by Chase USA with respect to which during the preceding Monthly Period (a) Chase USA was obligated to accept reassignment pursuant to Section 2.06 or Section 2.07 and (b) any Credit Adjustment was made pursuant to subsection 3.06 of the Transfer and Servicing Agreement.