Release Purchase Price definition
Examples of Release Purchase Price in a sentence
Any Bond purchased on the related Release Event Date will be deemed purchased by the Sponsor at the Release Purchase Price from funds provided pursuant to the Credit Enhancement or, if applicable, by the Sponsor.
Such Hypothetical Gain Share will be paid to the Class A Certificateholders in addition to any applicable Release Purchase Price.
Payment of such Release Purchase Price will be made by ▇▇▇▇▇▇▇ Mac pursuant to the Credit Enhancement or by the Sponsor.
In addition, Hypothetical Gain Share, if any, as calculated by ▇▇▇▇▇▇▇ Mac, will be payable by the Administrator on the Release Event Date to the Holders of Class A Certificates on the Release Event Date from amounts provided by the Sponsor to the Administrator on such Release Event Date (and such Hypothetical Gain Share will be paid to the Class A Certificateholders in addition to the Release Purchase Price).
Payment of such Release Purchase Price will be made by F▇▇▇▇▇▇ Mac pursuant to the Credit Enhancement or by the Sponsor.
In addition, Hypothetical Gain Share, if any, as calculated by F▇▇▇▇▇▇ Mac, will be payable on the Release Event Date from amounts provided by the Sponsor to the Administrator on such Release Event Date (and such Hypothetical Gain Share will be paid to the Class A Certificateholders in addition to the Release Purchase Price).
The proceeds from the sale of such Bonds shall fund the applicable Release Purchase Price and be applied to pay down Class A Certificates in accordance with the related Series Certificate Agreement.
In addition, Hypothetical Gain Share, if any, as calculated by ▇▇▇▇▇▇▇ Mac, will be payable on the Release Event Date from amounts provided by the Sponsor to the Administrator on such Release Event Date (and such Hypothetical Gain Share will be paid to the Class A Certificateholders in addition to the Release Purchase Price).
At the election of F▇▇▇▇▇▇ Mac, in accordance with the Reimbursement Agreement, when a Release Event occurs, the affected series of Bonds (or portion thereof) will be subject to mandatory purchase from the Series Pool at the Release Purchase Price.
At the election of ▇▇▇▇▇▇▇ Mac, subject to and in accordance with the Reimbursement Agreement, when a Release Event occurs, the affected series of Bonds (or portion thereof) will be subject to mandatory purchase from the Series Pool at the Release Purchase Price.