Repurchase Term definition

Repurchase Term means, with respect to any Transaction, the period beginning on the Purchase Date and continuing through the Repurchase Date.
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Examples of Repurchase Term in a sentence

  • The Repurchase Term is the Payment Date + 30 (thirty) calendar days.

  • If the Debtor has partly paid the Invoice by the Repurchase Term, the Redemption Obligation shall be applied to the unpaid part of the Invoice, the recalculated Discounting Fee and the Interest on Arrears payable by the Customer to FLEXIDEA for the partial re-assignment of the Claim upon the arrival of the Redemption Obligation shall be the unpaid amount of the Invoice Advance.

  • After the expiry of the Repurchase Term, the Customer is obligated to pay Invoice Advance received from FLEXIDEA and not yet repaid, the recalculated according to these Terms and Conditions Discounting Fee and the Interest on Arrears to FLEXIDEA.

  • On or prior to the Effective Date, (i) this Agreement shall have been executed and delivered as provided in Section 12.10 and (ii) there shall have been delivered to Lender the Revolving Note, the Repurchase Term Loan Note, and the Delayed Draw-Down Term Loan Note executed by Borrower, in each case in the amount, maturity and as otherwise provided herein.

  • Without limiting the generality of the foregoing, Purchaser shall, no later than five (5) Business Days prior to the Company Shareholders Meeting (as defined in the Merger Agreement), provide to Seller one of the following notices: (a) an SPA Term Loan B Consent Notice, (b) a Sale and Repurchase Term Loan B Consent Notice or (C) a Term Loan B Consent Failure Notice.

  • Interest will accrue in respect of the unpaid principal amount of the Repurchase Term Loan from the date of Borrowing thereof until the maturity date thereof (whether by acceleration or otherwise), at a fixed rate per annum equal to five percent (5.00%).

  • Buyer shall not create or allow for the creation of any liens or encumbrances or grant any third party any such rights during the Repurchase Term.

  • Also provided are the maximum amount of borrowings, the average amount of borrowings and the weighted average interest rate during 1997 and 1996 (dollar amounts in thousands): Federal Funds Purchased and Other Short- Repurchase Term Agreements Borrowings ------------- ------------ Year ending December 31,: 1997.........................................

  • Name of Person Who Made the PaymentTotal Amount Paid in 2015 Financial Aid • 7502 Fondren Road • Houston, Texas 77074 • financialaid@hbu.edu • Fax 281-649-3298 B.

  • The Construction Notes, the Revolving Note, the Stock Repurchase Term Note, the 2009 Term Note, and any other note currently or hereafter issued by the Borrower to the Bank, all as may be amended, restated, supplemented and/or modified from time to time, are referred to herein as the “Notes”.

Related to Repurchase Term

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Repurchase Date has the meaning specified in Section 14.1.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Repurchase Event means the occurrence of a breach of any of the Seller’s representations and warranties in Section 3.1(a) or any other event which requires the repurchase of a Receivable by the Seller, under the Sale and Servicing Agreement.

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Stated Principal Balance is less than 10.00% of the Cut-off Date Balance.

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Repurchase Notice has the meaning set forth in Section 8.6(a).

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Repurchase As defined in Section 2.03(a) of this Agreement.

  • Repurchase Offer has the meaning set forth in Section 3.04.

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Repurchase Price means, with respect to any Loan the Book Value, adjusted to reflect changes to Book Value after Bank Closing, plus (i) any advances and interest on such Loan after Bank Closing, minus (ii) the total of amounts received by the Assuming Bank for such Loan, regardless of how applied, after Bank Closing, plus (iii) advances made by Assuming Bank, plus (iv) total disbursements of principal made by Receiver that are not included in the Book Value.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • First Offer Period has the meaning set forth in Section 13.5.

  • Reverse Repurchase Agreement means an agreement pursuant to which the Fund sells Securities and agrees to repurchase such Securities at a described or specified date and price.

  • Lease Termination Date means the last day of the Lease Term.

  • Optional Purchase Date As defined in Section 8.01(a) of the Servicing Agreement. Optional Purchase Percentage: 10.00%.

  • Original Purchase Date means with respect to any Loan, the date such Loan was purchased by Town Hall Funding from the Master Depositor pursuant to the Conveyance Agreement.