Repurchased Interest definition

Repurchased Interest means, as at any Interest Payment Date, the sum of (i) in respect of a Repurchased Receivable, the Overdue Interest in respect of such Repurchased Receivable as at the end of the preceding Collection Period and (ii) an amount equal to the product of the Discount Rate of such Repurchased Receivable and the Closing Receivables Balance of such Repurchased Receivable divided by 12.
Sample 1Sample 2
Repurchased Interest has the meaning set forth in the definition of "Retained Liabilities".
Sample 1Sample 2

Examples of Repurchased Interest in a sentence

  • On the Repurchase Closing Date, the Repurchased Partner, the Partnership and AMG shall execute an agreement reasonably acceptable to the General Partner in which the Repurchased Partner represents and warrants that it has sole record and beneficial title to the Repurchased Interest to AMG (or its assignee), free and clear of any Encumbrances.

  • Questions in regard to a Right To Know Request that was submitted regarding Seismic Bracing as it relates to Meyers High School.

  • Promptly following the written request of Seller at any time after the Closing and the delivery of the Precautionary Mortgage and Conveyances, Issuer shall (at the cost and expense of Seller) deliver such releases and similar instruments as are reasonably requested by Seller for purposes of evidencing that the Precautionary Mortgage is not, or is no longer, an Encumbrance on or affecting any Excluded Asset or, as applicable, any Repurchased Interest.

  • The closing of such call of such Repurchased Interest shall be deemed to occur on such designated closing date with no further action necessary by any party other than the tender of the Repurchase Purchase Price to Sigan Industries Group.

  • Prior to 2:00 p.m. (New York City time) on the date of such repurchase, DFC shall pay the Agent for the account of each applicable APA Purchaser in immediately available funds in United States dollars, by depositing to an account designated by the Agent in New York City, the Repurchase Amount for each Repurchased Interest.

  • It is acknowledged by the Company that it shall report the repurchase of Executive’s Repurchased Interest as a capital transaction and that it will not make any filing with any taxing authority indicating that all or a portion of the Repurchase Price is earned income or otherwise take a position which contradicts the repurchase of the Repurchased Interests as a capital transaction.

Related to Repurchased Interest

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as:

  • Purchased Interests has the meaning set forth in the Recitals.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Repurchased Loan has the meaning set forth in Section 2.3(a).

  • Transferred Interests has the meaning set forth in the Recitals.

  • Repurchase Assets has the meaning assigned thereto in Section 8 hereof.

  • Assigned Interests has the meaning set forth in Section 2 hereof;

  • Assigned Interest means all of Assignor's (in its capacity as a "Lender") rights and obligations under the Credit Agreement in respect of the Commitment of the Assignor in the principal amount equal to $____________, and to make Loans under the Commitment and any right to receive payments for the Loans outstanding under the Commitment assigned hereby of $____________ (the "Loan Balance"), plus the interest and fees which will accrue from and after the Assignment Date.

  • Asset Interest is defined in Section 2.1(b).

  • Contributed Interests has the meaning set forth in the recitals to this Agreement.

  • Offered Interest has the meaning set forth in Section 11.2.1.

  • 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.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Offered Interests has the meaning set forth in Section 8.5(a).

  • Assumed Interest Amount With respect to any Distribution Date and Class of Subordinated Certificates, one month's interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Class on the applicable Assumed Balance immediately prior to that Distribution Date.

  • LLC Interest means a membership interest or similar interest in a limited liability company.

  • Purchased Loan means each motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by the Originator from such Dealer and evidenced by a Purchased Loan Contract; provided, however, that the term “Purchased Loan” shall, for purposes of this Agreement, include only those Purchased Loans identified from time to time on Schedule A hereto.

  • Retained Interest Holder Not applicable.

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

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • related interest means (1) a company (other than an insured bank or a foreign bank) that is controlled by an executive officer, director, or principal shareholder or (2) a political or campaign committee that is controlled by or the funds or services of which will benefit an executive officer, director, or principal shareholder. See Section 215.11(a)(2) of

  • Treasury Portfolio Purchase Price means the lowest aggregate price quoted by a primary U.S. government securities dealer in New York City to the Quotation Agent on the third Business Day immediately preceding the Tax Event Redemption Date for the purchase of the Treasury Portfolio for settlement on the Tax Event Redemption Date.

  • Purchased Student Loan means a Trust Student Loan which is, as of the close of business on the last, day of a Collection Period, purchased by the Servicer pursuant to Section 3.05 of the Servicing Agreement or repurchased by the Depositor pursuant to Section 6.01 of the Sale Agreement or purchased by the Sellers pursuant to Section 6.01 of the Purchase Agreements.

  • Related interests means the interests of a coastal State directly affected or threatened by a wreck, such as:

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).