Purchase Price Increase definition

Purchase Price Increase shall have the meaning set forth in Section 2.05(c)(iii).

Purchase Price Increase means an increase in the Purchase Price for the REO Subsidiary Interests based upon the REO Subsidiary acquiring additional Contributed Assets, to which such portion of the Purchase Price is allocated, as requested by a Seller pursuant to Section 3(b) hereof.

Purchase Price Increase has the meaning set forth in Section 2.1.

Examples of Purchase Price Increase in a sentence

• For the avoidance of doubt, to the extent that a Contributed Mortgage Loan owned by a Trust Subsidiary is converted to a Contributed REO Property, a Purchase Price Increase shall be deemed to occur and shall be offset against the current outstanding Purchase Price for the related Contributed Mortgage Loan, which shall be deemed reduced.

• If, at any time Vodis elects to exercise their option to purchase the Property, the amount owing under the D&B loan on the Property is greater than the Purchase Price after the Applied Payments, D&B and Vodis agree to reduce either (i) the amount owed under the promissory note with Holder or (ii) the Purchase Price Increase by the difference between the amount owed under the D&B loan and the Purchase Price.

• Buyer shall determine whether or not it is willing to purchase any or all of the proposed Eligible Assets or fund a Purchase Price Increase in respect of additional Underlying Assets, and if so, on what terms and conditions.

• Each of the Seller Parties represents and warrants to Buyer as of the date hereof and as of each Purchase Date for any Transaction or Purchase Price Increase Date, as applicable, that:(8) Seller Party Existence.

• If, at any time Vodis USA elects to exercise their option to purchase the Property, the amount owing under the D&B loan on the Property is greater than the Purchase Price after the Applied Credits, D&B and Vodis USA agree to reduce either (i) the amount owed under the promissory note with the holder or (ii) the Purchase Price Increase by the difference between the amount owed under the D&B loan and the Purchase Price.

More Definitions of Purchase Price Increase

Purchase Price Increase means (a) an increase in the Purchase Price for a Purchased Certificate based upon the Underlying Entity acquiring additional Contributed Assets to which such portion of the Purchase Price is allocated, as requested by any Seller pursuant to Section 3.b hereof; (b) an increase in the Purchase Price of a HELOC in connection with a Draw, as requested by any Seller Party pursuant to Section 3.b hereof or (c) to the extent a Seller Party previously requested a Purchase Price less than the Asset Value on such prior Purchase Date, such increased portion of the Purchase Price for such Purchased Asset not to exceed the applicable Asset Value on such subsequent Purchase Date.

Purchase Price Increase means an increase in the Purchase Price for the Purchased Certificates based upon a Seller Party Subsidiary acquiring additional Eligible REO Property, Eligible Mortgage Loan or Eligible Rental Property, as applicable, to which such portion of the Purchase Price is allocated, as requested by any Seller pursuant to Section 3(b) hereof.

Purchase Price Increase has the meaning set forth in Section 3.3.

Purchase Price Increase means an increase in the Purchase Price for the Purchased Certificate, based upon the Pass-Through Trust Trustee for the Pass-Through Trust acquiring additional Contributed Mortgage Loans to which such portion of the Purchase Price is allocated, as requested by a Seller pursuant to Section 3.b hereof, which amount shall equal the product of the Purchase Price Percentage multiplied by the least of: (x) the Market Value of such Contributed Mortgage Loans, (y) the outstanding principal amount thereof as set forth on the related Asset Schedule and (z) the Acquisition Price thereof.

Purchase Price Increase means an increase in the Purchase Price of a Purchased Mortgage Loan resulting from the funding or reimbursement of a Draw (if applicable) by Buyer in respect of one or more Purchased Mortgage Loans that are HELOCs, which shall be equal to the sum of (calculated with respect to each such Purchased Mortgage Loans) the product of (x) the Applicable Percentage times (y) the related Market Value times (z) the amount of the Draw being funded or reimbursed.

Purchase Price Increase. An increase in the Purchase Price for any Purchased Asset equal to the amount of the Allocated Purchase Price of Underlying Assets transferred by Buyer to the related Seller in connection with the acquisition of additional Underlying Assets by the related Master Series Trust, as requested by such Seller pursuant to Section 3.01 hereof.

Purchase Price Increase means an increase in the Purchase Price for the REO Subsidiary Interests based upon the REO Subsidiary acquiring additional Contributed Assets to which such portion of the Purchase Price is allocated, as requested by Seller pursuant to Section 3(c) hereof. Notwithstanding that REO Subsidiary Interests are pledged, and not sold, to Buyer hereunder, the acquisition or contribution of Contributed Assets by or to the REO Subsidiary and corresponding increase in value of the REO Subsidiary Interests shall be used to determine a Purchase Price Increase with respect to such REO Subsidiary Interests pursuant to the definition of Purchase Price, as further set forth in Section 3(d) hereof, and such Purchase Price Increase shall be added to the Purchase Price with respect to Purchased Mortgage Loans and Contributed Assets for purposes of determining the outstanding Purchase Price hereunder.