Purchase Price Decrease definition

Purchase Price Decrease means a reduction in the outstanding Purchase Price for Purchased Loans without a termination of a Transaction or portion thereof as described in Section 3.4(c).
Purchase Price Decrease means a reduction in the outstanding Purchase Price for Purchased Loans without a termination of a Transaction or portion thereof as described in Section 3.3(d).
Purchase Price Decrease means a decrease in the Purchase Price in connection with (a) the removal of an Underlying Mortgage Loan allocated to the Participation Interest, or (b) the removal of an Underlying REO Property from the REO Subsidiary.

Examples of Purchase Price Decrease in a sentence

  • The Seller may effectuate a Purchase Price Decrease on any Business Day by delivery to the Agent in immediately available funds (for Pro Rata distribution to the Buyers) of an amount specified by the Seller as a Purchase Price Decrease on that Business Day.

  • No Purchased Loans shall be, or be deemed to be, repurchased in connection with a Purchase Price Decrease.

  • For the avoidance of doubt, following any such Purchase Price Decrease, on any Business Day Seller may request that the Purchase Price of any such Purchased Loan be increased up to the full amount of the Purchase Price available for such Purchased Loan on such Business Day, for any such Mortgage Loan which is the subject of Purchase Price Decrease but remains an Eligible Loan.


More Definitions of Purchase Price Decrease

Purchase Price Decrease means a decrease in the Purchase Price for the Purchased Certificates, based upon the amount of any cash transferred by the Sellers to Buyer applied to reduce the Sellers’ obligations in accordance with Section 4 hereof or pursuant to Section 6 hereof.
Purchase Price Decrease shall have the meaning set forth in Section 2.05(c)(iv).
Purchase Price Decrease shall have the meaning specified in Section 3.4(d).
Purchase Price Decrease has the meaning set forth in Section 1.12(a)(iv).
Purchase Price Decrease means a decrease in the Purchase Price for a Purchased Asset related to the removal of a Mezzanine Loan from the Mezzanine Loan Subsidiary, and the decrease in value of the Mezzanine Loan Subsidiary Interests related thereto.
Purchase Price Decrease. A decrease in the Purchase Price for any Purchased Asset equal to the amount of the Allocated Purchase Price of any Underlying Assets in connection with the release of such Underlying Assets from Transactions hereunder as a result of the sale or conveyance of such Underlying Assets by the related Master Series Trust to a party other than Buyer or another Master Series Trust.
Purchase Price Decrease means a “Purchase Price Decrease” as defined in each of the El Paso PSA, Xxxx-XxXxx PSA and Valero PSA.