Reassignment Price definition

Reassignment Price means, with respect to any Reassigned Loan, an amount equal to the greater of (a) the fair market value of such Reassigned Loan, which shall be determined as of the close of business on the day prior to the related Loan Action Date on which such reassignment is to occur, or (b) the outstanding principal amount of such Reassigned Loan together with all accrued and unpaid interest thereon to, but excluding, the related Loan Action Date on which such reassignment is to occur.
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Examples of Reassignment Price in a sentence

  • Neither the Servicer (on behalf of the Depositor or the Initial Beneficiary, as applicable) nor the Depositor shall cause any such reassignment (or reallocation, as applicable) to occur on any Loan Action Date unless: (x) (i) no Reinvestment Criteria Event is outstanding and (ii) the reassignment of such Loans constitutes a Permitted Reassignment, in each case, after giving effect to all Loan Actions that occur on such Loan Action Date and (y) the Reassignment Price shall have been paid as described above.

  • RPA Seller shall pay to Purchaser by depositing in the Collection Account in same-day funds, not later than 10:00 a.m., New York City time, on the Transfer Date following the Monthly Period in which such reassignment obligation arises, in payment for such reassignment, an amount equal to the Portfolio Reassignment Price.

  • RPA Seller shall pay to Purchaser by depositing in the Collection Account in same-day funds, not later than 10:00 A.M. New York City time, on the Transfer Date following the Monthly Period in which such reassignment obligation arises, in payment for such reassignment, an amount equal to the Portfolio Reassignment Price.

  • In addition, it is understood and agreed that the Depositor’s payment of the Reassignment Price as described in Section 2.10(a) above (including, in the case of clause (a)(ii), the Servicer’s deposit of immediately available funds into the Principal Distribution Account) is a precondition to any reassignment pursuant to this Section 2.10.

  • BG shall pay to Funding by depositing in the Collection Account in same-day funds, not later than 12:00 noon New York City time, on the Distribution Date following the Monthly Period in which such reassignment obligation arises, in payment for such reassignment, an amount equal to the Portfolio Reassignment Price.

  • The Seller shall pay to [ ] by depositing in the Collection Account in immediately available funds, not later than 1:00 P.M. New York City time, on the first Transfer Date following the Monthly Period in which such reassignment obligation arises, in payment for such reassignment, an amount equal to the Portfolio Reassignment Price.

  • Conclusion depends on the exhibit of parasite which incorporates.

  • Such transactions will occur substantially contemporaneously in time, and in connection with the consummation of the sale to the personal loan securitization issuer, the purchase price paid for such Reassigned Loans by the issuer shall be equal to the Reassignment Price.

  • In addition, it is understood and agreed that the Depositor’s payment of the Reassignment Price as described in Section 2.10(a) above (including Servicer’s deposit of immediately available funds into the Principal Distribution Account) is a precondition to any reassignment pursuant to this Section 2.10.

  • If the Reassignment Price is not received by Purchaser within five (5) business days of receipt of such Reassignment, Seller acknowledges and agrees that Purchaser may deduct the entire Reassignment Price from the Reserve Account or any proceeds of sale of any subsequent Closing Date.

Related to Reassignment Price

  • Replacement Price means the price, determined by Buyer in a commercially reasonable manner, at which Buyer purchases (if at all) substitute SRECs having the same or subsequent Reporting Year as those SRECs not delivered by Seller for the deficiency or, absent such a purchase, the Market Price for such quantity of SRECs at or during the time that Seller fails to deliver the SRECs, provided that the Market Price shall never exceed the solar alternative compliance payment.

  • Release Price As defined in Section 4.5(a).

  • Original Collateral Sale Price means EUR 33,500,000. Notwithstanding anything to the contrary in the Collateral Sale Agreement, the consideration for the Initial Charged Assets is the Issue Price of the Notes plus the entry into the Swap Agreement by the Issuer.

  • Repurchase Price means, with respect to any Loan, first taking the Book Value of the Asset at Bank Closing and either subtracting the Asset discount or adding the Asset premium, and subsequently adjusting that total by (i) adding any advances and interest on such Loan after Bank Closing, (ii) subtracting the total amount received by the Assuming Institution for such Loan after Bank Closing, regardless of how applied, and (iii) adding total disbursements of principal made by Receiver not otherwise included in the Book Value.

  • Reference Instrument Price means at any time during the trading period on the Reference Exchange the price of theCurrent Reference Instrument on the Reference Exchange, as determined by the Index Calculation Agent. "Reference Exchange" means NYMEX (CME Globex).

  • Prepayment Price Has the meaning specified in Section 6.02(b) of the Indenture.

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • Final Receipt means the receipt issued by the Principal Regulator, evidencing that a receipt has been, or has been deemed to be, issued for the Final Prospectus in each of the Qualifying Jurisdictions;