Purchase Premium definition

Purchase Premium. As defined in the Property Management Agreement.
Purchase Premium. As defined in Section 7.01(c).
Purchase Premium means the excess of a security's purchase price over its par value.

Examples of Purchase Premium in a sentence

  • Seller agrees that as to any Mortgage Loan that is repaid in full within one year of the Closing Date, Seller shall repay to Purchaser the Purchase Premium paid by Purchaser with respect to each such Mortgage Loan.

  • Unpaid Principal Balance plus Accrued Interest plus Purchase Premium paid by GMFS LLC plus any Escrow Shortages that exist.

  • Notwithstanding the foregoing, such offset shall not be in excess of any Purchase Premium without the prior written consent of Seller.

  • Preparation of reconciliation for the following products in accordance with generally accepted accounting principles: Home equity Loans, Home Equity Lines, Home Equity Purchase Premium general accounts and Accrued Interest Receivable.

  • Notwithstanding any other provision of this Agreement, the Purchaser may, upon written notification to Seller, which shall include a reconciliation of such offset, reduce the Purchase Premium, payable to or on behalf of the Seller by the amount of any obligation of the Seller, to or on behalf of such Purchaser, that is or becomes due and payable, and the Seller hereby shall be deemed to have consented to such reduction.


More Definitions of Purchase Premium

Purchase Premium. The amount by which the Purchase Price for a Mortgage Loan or pool of Mortgage Loans exceeds the Loan Amount of such Mortgage Loan as of the applicable Cut-off Date. A Purchase Premium will exist for any Mortgage Loan for which the Purchase Price Percentage exceeds one hundred percent (100%).
Purchase Premium means the amount specified as such in Section 2.2.
Purchase Premium means, [***].
Purchase Premium. As defined in Section 7.01(c). “Qualified Deleveraging Event ”: Either
Purchase Premium means the percentage used to determine the amount payable by the Seller to the Purchasers, as described in Section 5.1.2.
Purchase Premium means, with respect to each Participation Interest sold to ESPV hereunder, an amount equal to [****] of the payments and proceeds expected to be received in respect of the related Finance Charge Receivables subject to such Participation Interest. The payments and proceeds received shall be in the form of cash, checks or any other form of payment including Recoveries of the related Finance Charge Receivables.
Purchase Premium means [***].