Examples of Purchase Price Premium in a sentence
With respect to any Mortgage Loan that prepays in full during the three (3) month period from and after the related Closing Date, the Seller shall reimburse the Purchaser the amount (if any) of the Purchase Price Premium paid by the Purchaser to the Seller, multiplied by the UPB of such Mortgage Loan on the applicable Closing Date, within thirty (30) days of such payoff.
Section 4.1 Payment of Principal, Purchase Price, Premium and Interest.
In case of default of payment of any amount payable by the Purchasers under or in connection with this Agreement, in particular the Purchase Price, the Purchase Price Premium and the Break Fee, the amount to pay shall bear interest at a rate of eight (8) per cent per annum during the default period.
The Purchase Price together with the accrued Purchase Price Premium shall become due and payable on the Closing Date.
The minimum Purchase Price (Premium) is ` 1,00,000 or a higher amount, so as to earn a minimum annuity installment of ` 1000.