Repurchase Proceeds definition

Repurchase Proceeds the Repurchase Price in connection with any repurchase of a Mortgage Loan by the Seller and any cash deposit in connection with the substitution of a Mortgage Loan.

Repurchase Proceeds. All proceeds of any Mortgage Loan or property acquired in respect thereof repurchased pursuant to Section 2.02, 3.01, 5.01, 5.21 or 11.01.

Repurchase Proceeds means the amounts received from Seller with respect to a Repurchased Loan.

Examples of Repurchase Proceeds in a sentence

• On the last business day of each calendar quarter during which repurchases occur, UMBFS will deliver to the Escrow Agent a cash letter to disburse the Repurchase Proceeds, if any, on deposit in custody, and a cash letter to move the Repurchase Proceeds out of the Repurchase Sub-Account for disbursement to investors (each, a “Repurchase Disbursement Letter”).

• Repurchase Proceeds will be paid in accordance with the provisions specified in the relevant Supplement.

• Repurchase Proceeds will be paid by the Settlement Date and in accordance with the provisions specified in the relevant Supplement.

• In no event shall Repurchase Proceeds be paid until such papers as may be required by the Directors have been received from the investor and all of the necessary anti-money laundering checks have been carried out, verified and received in original form.

• When a repurchase request has been submitted by an investor who is or is deemed to be an Irish Resident or a person Ordinarily Resident in Ireland or is acting on behalf of an Irish Resident or person Ordinarily Resident in Ireland, the Company shall deduct from the Repurchase Proceeds an amount which is equal to the tax payable by the Company to the Revenue Commissioners in respect of the relevant transaction.

More Definitions of Repurchase Proceeds

Repurchase Proceeds means amounts paid by any Seller under the related Mortgage Loan Purchase Agreement, in connection with the repurchase of any Mortgage Loan as contemplated by Section 2.3.

Repurchase Proceeds means the Repurchase Price less the Repurchase Charge in relation to such redemption and any charges, costs, expenses or taxes, as described under “Share Dealings – Repurchase of Shares”;

Repurchase Proceeds means the Repurchase Price less the Repurchase Charge in relation to such

Repurchase Proceeds. All proceeds of any Mortgage Loan or property acquired in respect thereof repurchased by the Mortgage Loan Seller or MSDWCC pursuant to Sections 2.01, 2.02, 3.01, 3.02 or 10.01, as applicable or the Mortgage Loan Purchase Agreement.

Repurchase Proceeds. The Repurchase Price in connection with any repurchase of a Mortgage Loan by (i) MLCC, in the case of the MLCC Mortgage Loans, (ii) EMC, in the case of the EMC Mortgage Loans or (ii) KKR, KKR Financial or the related Underlying Seller, in the case of the KKR Mortgage Loans and any cash deposit in connection with the substitution of a Mortgage Loan.

Repurchase Proceeds. The Repurchase Price in connection with any repurchase of a Mortgage Loan by (i) MLMLI, in the case of the MLMLI Mortgage Loans or (ii) KKR, KKR Financial or the related Underlying Seller, in the case of the KKR Mortgage Loans and any cash deposit in connection with the substitution of a Mortgage Loan.

Repurchase Proceeds means the per Equity Plan Share proceeds payable by Smart Tech or Call Co. (as the case may be) to a Participant in connection with the purchase by Call Co. of any Equity Plan Shares owned by such Participant pursuant to Article 8.