Purchase Price definition

Purchase Price has the meaning set forth in Section 2.2.

Purchase Price shall have the meaning set forth in Section 2.1.

Purchase Price has the meaning set forth in Section 3.1.

Examples of Purchase Price in a sentence

• Seller shall be entitled to all insurance proceeds in connection with damage or destruction of personal property and any portion of such proceeds in connection with damage of buildings in excess of the Purchase Price.

• For purposes of this Agreement, the “Balance of the Purchase Price” shall mean the Purchase Price deducted by the paid Deposit.

• Pursuant to Section 8.4, at Closing, the balance of the Purchase Price will be adjusted by amounts owing, or payable, to the Parties pursuant to the terms of this Purchase Agreement.

• To the extent that Seller does not receive the payment of the full Purchase Price by the Reservation End Date, Seller shall have no obligation to sell any such Stream Credits to Buyer and Seller shall retain the Deposit.

• The Seller shall provide the Buyer with an invoice for the Purchase Price or Deposit amount (the “Invoice”).

More Definitions of Purchase Price

Purchase Price shall have the meaning set forth in Section 4(a) hereof.

Purchase Price shall have the meaning set forth in Section 7(b) hereof.

Purchase Price has the meaning given to that term in Section 2.1.

Purchase Price has the meaning set forth in Section 1.1.

Purchase Price shall have the meaning set forth in Section 3.1 hereof.

Purchase Price. With respect to any Mortgage Loan (or REO Property), a price equal to the sum of the following (without duplication): (a) the outstanding principal balance of such Mortgage Loan (or the related REO Mortgage Loan) as of the time of purchase less any portion of any Loss of Value Payment then on deposit in the Loss of Value Reserve Fund allocable to pay principal of such Mortgage Loan (or REO Property); plus (b) all accrued and unpaid interest on the principal balance of such Mortgage Loan (or the related REO Mortgage Loan), other than Default Interest or Excess Interest, at the related Mortgage Rate in effect from time to time through the Due Date in the Collection Period of purchase; plus (c) all related unreimbursed Property Advances (including any Property Advances and Advance Interest Amounts with respect thereto that were reimbursed out of general collections on the Mortgage Loans) (or, in the case of an Outside Serviced Mortgage Loan, the pro rata portion of any similar amounts allocable to such Mortgage Loan and payable with respect thereto pursuant to the related Co-Lender Agreement); plus (d) all accrued and unpaid Advance Interest Amounts in respect of related Advances (or, in the case of an Outside Serviced Mortgage Loan, all such amounts with respect to P&I Advances related to such Outside Serviced Mortgage Loan and, with respect to outstanding Property Advances, the pro rata portion of any similar interest amounts payable with respect thereto pursuant to the related Co-Lender Agreement); plus (e) to the extent not otherwise covered by clause (d) above, any Special Servicing Fees and any other Additional Trust Fund Expenses outstanding or previously incurred in respect of the related Mortgage Loan; plus (f) if such Mortgage Loan is being repurchased or substituted for by a Mortgage Loan Seller pursuant to Section 6 of the related Mortgage Loan Purchase Agreement, all expenses incurred or to be incurred by the Master Servicer, the Special Servicer, the Depositor, the Certificate Administrator and the Trustee in respect of the Material Defect giving rise to the repurchase or substitution obligation (to the extent not otherwise included in the amounts described in clause (e) above); provided, however, that such expenses shall not include expenses incurred by Certificateholders or Certificate Owners in instituting an Asset Review Vote Election, in taking part in an Asset Review vote or in exercising such Certificateholder’s or Certificate Owner’s, as...

Purchase Price. The price paid on the related Closing Date by the Purchaser to the Seller in exchange for the Mortgage Loans purchased on such Closing Date as calculated in Section 4 of this Agreement.