Purchase Price Increase Date definition

Purchase Price Increase Date means the date on which a Purchase Price Increase is made.
Purchase Price Increase Date means the date on which a Contributed Asset is transferred to the REO Subsidiary, and/or a Purchase Price Increase is made with respect thereto.
Purchase Price Increase Date means the date on which a Purchase Price Increase is made with respect to an Eligible Mortgage Loan, an Eligible Rental Property or an Eligible REO Property.

Examples of Purchase Price Increase Date in a sentence

  • On each subsequent Purchase Date and Purchase Price Increase Date, Seller hereby sell, assign and convey all right, title and interest in all Trust Interests and Purchased Assets identified on a Transaction Request and/or Trust Receipt and the related Repurchase Assets.

  • The undersigned Seller expressly acknowledges and agrees that the election by the Buyer to fund the Purchase Price Increase on any day prior to the related Purchase Price Increase Date shall not constitute or be deemed to be an amendment, waiver or other modification of the notice requirements set forth in the Agreement.

  • Seller acknowledges and agrees that Buyer has no obligation to fund, but may in its sole and exclusive discretion elect to fund, the Purchase Price Increase requested herein on any Business Day prior the Purchase Price Increase Date contemplated in this request.

  • The information set forth in the Asset Schedule required to be provided thereon pursuant to the Custodial Agreement is true and correct in all material respects as of the initial Purchase Date and each Purchase Price Increase Date.

  • Seller fails to transfer the Purchased Assets to Buyer on the Purchase Date or Seller fails to transfer to Trust Subsidiary the Contributed Crop Loans on the applicable Purchase Price Increase Date.

  • Xxxxxxxx Title: Assistant Vice President SCHEDULE 1-A REPRESENTATIONS AND WARRANTIES WITH RESPECT TO TRUST MORTGAGE LOANS The Seller makes the following representations and warranties to the Buyer, with respect to the Trust Mortgage Loans owned by the Trust Subsidiary, as of the Purchase Price Increase Date for such Trust Mortgage Loans and as of any date on which Transaction hereunder relating to the Trust Mortgage Loans is outstanding subject to any exceptions agreed to by Buyer.

  • Pursuant to the Deposit Agreement, the Depositary is required to set limits with respect to the number of Receipts and Shares involved in such transactions with any one person on a case-by-case basis as it deems appropriate.

  • The Contributed Crop Loan does not have a maturity date that is (i) greater than [***] calendar months from the Purchase Price Increase Date with respect to such Contributed Crop Loan or (ii) after the Termination Date.

  • The Seller makes the following representations and warranties to the Buyer, with respect to the REO Property owned by the Trust Subsidiary, as of the initial Purchase Date and each Purchase Price Increase Date and Transition Event Increase Date for such REO Properties and as of any date on which Transaction hereunder relating to the REO Properties is outstanding subject to any exceptions agreed to by Buyer.

  • In addition to the foregoing, at least seven (7) Business Days prior to the related Purchase Date, Purchase Price Increase Date or Transition Event Increase Date, Seller shall have delivered to Buyer summary results of the due diligence Seller performed in connection with the acquisition of Trust Mortgage Loans and REO Properties and Buyer shall have excluded such assets as it deemed appropriate in its good faith discretion.


More Definitions of Purchase Price Increase Date

Purchase Price Increase Date means the date on which a Purchase Price Increase is made with respect to a Trust Mortgage Loan or an REO Property.
Purchase Price Increase Date means, with respect to the Purchased Certificate, the date on which a Purchase Price Increase occurs with respect thereto.
Purchase Price Increase Date means the date on which a Purchase Price Increase is made with respect to a Trust Mortgage Loan or a REO Property.
Purchase Price Increase Date shall have the meaning set forth in Section 3(c)(vi).
Purchase Price Increase Date. The date on which a Purchase Price Increase is made. “Purchased Assets”: Purchased Mortgage Loans. “Purchased Items”: All now existing and hereafter arising right, title and interest of Seller in, under and to the following: (a) all Purchased Mortgage Loans, now owned or hereafter acquired for which a Transaction has been entered into between Administrative Agent, on behalf of Buyers, and Seller hereunder and for which the Repurchase Price has not been received by Administrative Agent, on behalf of Buyers, including all Mortgage Notes and Mortgages evidencing such Mortgage Loans and the related Mortgage Loan Documents, which, from time to time, are delivered, or caused to be delivered, to Administrative Agent, on behalf of Buyers (including delivery to a custodian or other third party on behalf of Administrative Exhibit A-20 Agent and Buyers) as additional security for the performance of Seller’s obligations hereunder; (b) all Income related to the Purchased Assets and all rights to receive such Income; (c) if applicable, all amounts on deposit in the Collateral Account relating directly to the Purchased Mortgage Loans; (d) all now existing and hereafter arising rights of Seller to service, administer and/or collect on the Purchased Assets hereunder and any and all rights to the payment of monies on account thereof; (e) all Servicing Rights related to the Purchased Mortgage Loans, all related Servicing Records, and all rights of Seller to receive from any third party or to take delivery of any Servicing Records or other documents which constitute a part of the Mortgage Loan Files, including without limitation, the Other Mortgage Loan Documents, in each case, relating to the Purchased Mortgage Loans; (f) all now existing and hereafter arising accounts, contract rights and general intangibles constituting or relating to any of the Purchased Assets; (g) all rights, but not any obligations or liabilities, of Seller relating to the Purchased Mortgage Loans with respect to the Approved Investor; (h) all documents, files, surveys, certificates, correspondence, appraisals, computer programs, tapes, discs, cards, accounting records and other information and data of Seller relating to Purchased Assets; (i) all property of Seller, in any form or capacity now or at any time hereafter in the possession or control of Administrative Agent, on behalf of Buyers, relating to the Purchased Mortgage Loans; (j) all Proceeds of the Purchased Assets; (k) any funds of Seller at a...
Purchase Price Increase Date. The date on which a Purchase Price Increase is made. “Servicer”: (i) FCI Lender Services, Inc. or (ii) such other entity responsible for servicing of the Purchased Mortgage Loans and that has been approved by Secured Party, on behalf of Buyers, in writing, or, in each case, any successor or permitted assigns thereof. “Servicing Agreement”: If the Purchased Mortgage Loans are serviced by any servicer that is not Secured Party or an Affiliate of Secured Party, in each case, the agreement with the third party servicer, in form and substance acceptable to Secured Party, on behalf of Buyers. “Servicing Records”: All servicing agreements, files, documents, records, data bases, computer tapes, copies of computer tapes, proof of insurance coverage, insurance policies, appraisals, other closing documentation, payment history records, and any other records relating to or evidencing the servicing of a Mortgage Loan. “Servicing Rights”: The contractual, possessory or other rights of Debtor, Servicer or any other Person, whether arising under a Servicing Agreement, the Custodial Agreement or otherwise, to administer or service a Mortgage Loan or to possess related Servicing Records.

Related to Purchase Price Increase Date

  • Increase Date has the meaning specified in Section 2.18(a).

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Increase Amount is defined in Section 2.3(a).

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of the Agreement.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Increased Amount Date shall have the meaning provided in Section 2.14(a).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.