Purchase Price Differential definition

Purchase Price Differential means, with respect to any Purchased Asset as of any date of determination, the amount equal to the product of (a) the applicable Pricing Rate for such Purchased Asset and (b) the daily outstanding Purchase Price of such Purchased Asset, calculated on the basis of a 360-day year and the actual number of days during the period commencing on (and including) the Purchase Date for such Purchased Asset and ending on (but excluding) the related Repurchase Date (or such later date on which the Purchased Asset is actually repurchased) for such Purchased Asset (reduced by any amount of such Purchase Price Differential previously paid by Seller to Purchaser with respect to such Purchased Asset) and shall be payable in arrears monthly on each Remittance Date or the applicable Repurchase Date, whichever is earlier.

Purchase Price Differential shall have the meaning specified in the Fee Letter.

Purchase Price Differential means, with respect to any Purchased Asset as of any date of determination, the amount equal to the product of (a) the applicable Pricing Rate for such Purchased Asset and (b) the daily outstanding Purchase Price of such Purchased Asset, calculated on the basis of a 360-day year and the actual number of days during the period commencing on (and including) the Purchase Date for such Purchased Asset and ending on (but excluding) the date of determination (reduced by any amount of such Purchase Price Differential previously paid by Seller to Purchaser with respect to such Purchased Asset).

Examples of Purchase Price Differential in a sentence

• Rental Assistance Option - If you are an owner-occupant and choose to rent rather than purchase a replacement dwelling, you may be eligible for a rental assistance payment of up to the amount that you could have received under the Purchase Price Differential, explained above.

• If you are an owner-occupant and choose to rent rather than purchase a replacement dwelling, you may be eligible for a rental assistance payment of up to the amount that you could have received under the Purchase Price Differential, explained above.

• The number of EU-level interest groups augmented in the 1990s, as the Single European Act (1987) increased the EU competence and introduced qualified majority vote as normal practice for policy decisions, and the Treaty of Am- sterdam (1997) expanded the application of the co-decision process, increasing the role of the European Parliament (EP) in various pol- icy areas, including maritime transport.

• It does not cover prepaid expenses, such as property taxes and insurance.The total potential Replacement Housing Payment to Eligible Owner-Occupants is the sum of the Purchase Price Differential, Mortgage Interest Differential, and Incidental Expenses payments.

• Rental Assistance Option - If you are an owner-occupant and choose to rent rather than purchase a replacement dwelling, you may be eligible for a rental assistance payment of up to the amount that could have been received under the Purchase Price Differential, explained above.

More Definitions of Purchase Price Differential

Purchase Price Differential means, with respect to any Purchased Asset as of any date, the amount equal to the product of (a) the applicable Pricing Rate for such Purchased Asset and (b) the average outstanding Purchase Price of such Purchased Asset, calculated on the basis of a 360-day year and the actual number of days during the period commencing on (and including) the Purchase Date for such Purchased Asset and ending on (but excluding) the Repurchase Date for such Purchased Asset (reduced by any amount of such Purchase Price Differential previously paid by Seller to Purchaser with respect to such Purchased Asset).

Purchase Price Differential shall have the meaning specified in the Fee Letter. “Purchase Price LTV” shall have the meaning specified in the Fee Letter. “Purchase Price Percentage” shall have the meaning specified in the Fee Letter.

Purchase Price Differential is defined in Section 1.6(h)(iii).

Purchase Price Differential means, with respect to any Purchased Asset as of any date of determination, the amount equal to the product of (a) the applicable Pricing Rate for such Purchased Asset and (b) the outstanding Purchase Price of such Purchased Asset, calculated on the basis of a 360-day year and the actual number of days during the period commencing on (and including) the Purchase Date for such Purchased Asset and ending on (but excluding) the date of determination (reduced by any amount of such Purchase Price Differential previously paid by Seller to Buyer with respect to such Purchased Asset).

Purchase Price Differential means, with respect to any Purchased Asset as of any date, the amount equal to the product of (a) a per annum rate equal to one-month LIBOR plus the applicable Spread and (ii) the daily outstanding Purchase Price for such Purchased Asset or Transaction, on the basis of a 360-day year and the actual number of days during the period commencing on (and including) the related purchase date and ending on (but excluding) the related Repurchase Date, and shall be, payable in arrears monthly on each Remittance Date, or at maturity, whichever is earlier.

Purchase Price Differential means, with respect to any Purchased Asset as of any date of determination, the amount equal to the product of (a) a per annum rate equal to one-month LIBOR plus the applicable Spread Pricing Rate for such Purchased Asset and (iib) the daily outstanding Purchase Price forof such Purchased Asset or Transaction,, calculated on the basis of a 360-day year and the actual number of days during the period commencing on (and including) the related purchase date Purchase Date for such Purchased Asset and ending on (but excluding) the related Repurchase Date, (or such later date on which the Purchased Asset is actually repurchased) for such Purchased Asset (reduced by any amount of such Purchase Price Differential previously paid by Seller to Purchaser with respect to such Purchased Asset) and shall be, payable in arrears monthly on each Remittance Date, or at maturity or the applicable Repurchase Date, whichever is earlier.

Purchase Price Differential means, with respect to any Purchased Asset as of any date of determination, the amount equal to the product of (a) the applicable Pricing Rate for such Purchased Asset and (b) the daily outstanding Purchase Price of such Purchased Asset, calculated on the basis of, with respect to any Transaction for which the Applicable Currency is (i) U.S. Dollars, a 360-day year, (ii) Pound Sterling or Australian Dollars, a 365-day year, (iii) Euros or Swedish Krona, a 360-day year and (iv) otherwise, as set forth in the related Confirmation and, in each case, the actual number of days during the period commencing on (and including) the Purchase Date for such Purchased Asset and ending on the date of determination or the last day of the Pricing Rate Period ending immediately prior to such date, as applicable (in each case, reduced by any amount of such Purchase Price Differential previously paid by the related Seller to the related Purchaser with respect to such Purchased Asset). Purchase Price Differential shall be payable in the Applicable Currency of the Purchase Price of the applicable Purchased Asset.”