Reacquisition Price means, with respect to a Contract to be reacquired hereunder as of the last day of any Due Period an amount equal to (a) the Principal Balance of such Contract as of such day, plus (b) accrued and unpaid interest at the Contract Rate on such Contract through the end of such Due Period.
Reacquisition Price means, with respect to the First Aggregate Sale Date Loan Pool, the Second Aggregate Sale Date Loan Pool, the Third Aggregate Sale Date Loan Pool, the Fourth Aggregate Sale Date Loan Pool, or the Fifth Aggregate Sale Date Loan Pool, the sum of the Net Investment Amounts of all Sale Date Loan Pools comprising the First Aggregate Sale Date Loan Pool, the Second Aggregate Sale Date Loan Pool, the Third Aggregate Sale Date Loan Pool, the Fourth Aggregate Sale Date Loan Pool, or the Fifth Aggregate Sale Date Loan Pool respectively, together with the Program Fee accrued and unpaid thereon at the applicable Program Fee Rate up to and including the Reacquisition Date.
Reacquisition Price with respect to any Mortgage Loan to be reacquired pursuant to this Agreement shall be the book value of any such Mortgage Loan as of the Cutoff Date.
Examples of Reacquisition Price in a sentence
Upon deposit of the Reacquisition Price for such Contracts, such Contracts may, pursuant to Section 7.08 of the Agreement, be assigned by the Trustee to the Seller.
The Servicer's failure to deposit the Reacquisition Price shall not constitute a Purchase Termination Event hereunder.
The Servicer’s failure to deposit the Reacquisition Price shall not constitute a Purchase Termination Event hereunder.
If the affected Mortgage Loan is to be reacquired, the Bank shall remit the Reacquisition Price to the Trust.
If the Servicer shall have failed to deposit the Reacquisition Price with the Buyer, the principal and the Program Fee with respect to the Second Aggregate Sale Date Loan Pool, the Third Aggregate Sale Date Loan Pool, the Fourth Aggregate Sale Date Loan Pool, the Fifth Aggregate Sale Date Loan Pool, or the Sixth Aggregate Sale Date Loan Pool, as applicable, shall, until paid, continue to accrue at the applicable Program Fee Rate.
More Definitions of Reacquisition Price
Reacquisition Price means, with respect to the Aggregate Sale Date Loan Pool, the sum of the Net Investment Amounts of all Sale Date Loan Pools comprising the Aggregate Sale Date Loan Pool, together with the Program Fee accrued and unpaid thereon at the applicable Program Fee Rate up to and including the Reacquisition Date.
Reacquisition Price means, with respect to the First Aggregate Sale Date Loan Pool or the Second Aggregate Sale Date Loan Pool or the Third Aggregate Sale Date Loan Pool, the sum of the Net Investment Amounts of all Sale Date Loan Pools comprising the First Aggregate Sale Date Loan Pool or the Second Aggregate Sale Date Loan Pool or the Third Aggregate Sale Date Loan Pool, together with the Program Fee accrued and unpaid thereat at the applicable Program Fee Rate up to and including the Reacquisition Date.
Reacquisition Price means he lower of (x) the Fair Market Value of the Common Stock (as determined under the Plan) on the date of reacqusition or (y) the price equal to Purchaser’s Exercise Price per Share as indicated in Section 1 and in the Grant Notice.
Reacquisition Price means, with respect to the First Aggregate Sale Date Loan Pool, the Second Aggregate Sale Date Loan Pool, the Third Aggregate Sale Date Loan Pool, or the Fourth Aggregate Sale Date Loan Pool, the sum of the Net Investment Amounts of all Sale Date Loan Pools comprising the First Aggregate Sale Date Loan Pool, the Second Aggregate Sale Date Loan Pool, the Third Aggregate Sale Date Loan Pool, or the Fourth Aggregate Sale Date Loan Pool, respectively, together with the Program Fee accrued and unpaid thereon at the applicable Program Fee Rate up to and including the Reacquisition Date.
Reacquisition Price means such amount offered by GEO Maquinaria to repurchase the Trust Estate in its entirety (including the Service Agreement and the Machinery) at the market price thereof on such date and as set forth in the Trust Agreement.
Reacquisition Price means, (i) the Company’s assumption of all obligations and liabilities relating to the operations of Equinox Factors, including, without limitation, all obligations relating to participations in the purchased accounts receivable that are being transferred to the Company, directly or indirectly, in connection with the reacquisition, together with (ii) the Company’s cash payment to the Purchaser of an amount equal to, as of the date immediately preceding the closing of the reaquisition of the Shares and Equinox Factors’ operations by the Company, the Purchaser’s and its affiliates’ net investment in Equinox Factors and such operations. Upon the closing of the reacquisition of the Shares and Equinox Factors’ operations by the Company, Purchaser shall be released from any further obligation pursuant to clause (ii) of Section 2 of Article IV with respect to liabilities or obligations arising after such closing. For purposes of determining the “Reacquisition Price,” the Purchaser’s and its affiliates’ net investment in Equinox Factors’ operations shall consist of the net amount of all cash and other property contributed by them to Equinox Factors and its operations subject to the reacquisition right contained herein. For the avoidance of doubt, it is the intent and purpose of the parties and this Section 2 that, in the event the reacquisition right provided for in this Section 2 is exercised by the Company, upon the closing of the reacquisition pursuant thereto, the parties and their affiliates will be returned, to the extent practicable, to the position they would have been in if: (x) the Shares had never been transferred from the Company to Purchaser and all of Equinox Factors’ operations that are subject to the reacquisition right had been at all times been operated, directly or indirectly, by the Company; and (y) all of the operations subject to the reacquisition right had merely been being managed by the Purchaser and its affiliates for the benefit of the Company, with all gains and losses arising from such operations, as the case may be, inuring to the benefit of, and being borne by, the Company.
Reacquisition Price means, with respect to the First Aggregate Sale Date Loan Pool, the Second Aggregate Sale Date Loan Pool, the Third Aggregate Sale Date Loan Pool, the Fourth Aggregate Sale Date Loan Pool, or the Fifth Aggregate Sale Date Loan Pool, the sum of the Net Investment Amounts of all Sale Date Loan Pools comprising the First Aggregate Sale Date Loan Pool, the Second Aggregate Sale Date Loan Pool, the Third Aggregate Sale Date Loan Pool, the Fourth Aggregate Sale Date Loan Pool, or the Fifth Aggregate Sale Date Loan Pool respectively, together with the Program Fee accrued and unpaid thereon at the applicable Program Fee Rate up to and including the Reacquisition Date.