Required Release Price definition

Required Release Price means the amount that must be paid to the Lender upon Sale or Liquidation of an Investment Position in order to obtain the release and discharge the Lender's security interest therein, calculated in accordance with the paragraphs captioned "Payments" and "Cash Collateral Account" Section 3.1 of this Agreement, below.
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Required Release Price means, with respect to any Residential Unit (and related Storage Space, if applicable), an amount equal to the greater of: (A) (a) the Minimum Release Price for such Residential Unit and Storage Space, minus (b) the Credit Allowance, if any, as of the closing date for the sale of such Residential Unit and Storage Space, and (B) one hundred percent (100%) of the Net Sale Proceeds obtained from the sale of such Residential Unit and Storage Space.
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Required Release Price has the meaning as set forth in Section 4.1.37(i)(A)(8).
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Examples of Required Release Price in a sentence

  • The Collateral Agent shall be authorized to release the Collateral described in the Request for Release of Collateral upon receipt of evidence of arrangement for payment of funds to the Collateral Agent, for the account of the Lender, in the amount of the Required Release Price specified in the Request for Release of Collateral.

  • The Required Release Price shall be calculated by the Borrower, in accordance with the applicable provisions of this Agreement, at the time the Borrower submits a Request for Release of Collateral to the Collateral Agent.

  • The Lender shall be obligated to release and discharge its security interest in any Collateral of the type described in this Section 5.4 on the fifth (5th) Business Day after its receipt of the Request for Release of Collateral (provided the Lender has then received the Required Release Price and the Lender has not then declared, by written notice to the Borrower, the existence of an Event of Default).

  • Concurrently with the closing of the sale of each Unit and the satisfaction by Borrower of all conditions with respect thereto set forth in Section 2.8 hereof, including, without limitation, payment to Mortgage Lender of the Required Release Price of such Unit and payment of all other sums then due and payable by Borrower to Lender, Lender shall release such Unit from the Lien of the Mortgage and the other Loan Documents.

  • Concurrently with the closing of the sale of each Residential Unit at the Property and the satisfaction by Borrower of all conditions with respect thereto set forth in this Agreement and the Mortgage Loan Agreement, including, without limitation, payment to Lender of the applicable portion of the Required Release Price for such Residential Unit as set forth in Section 2.3.2 hereof, and all other sums then due and payable by Borrower to Lender, Lender shall consent to the transfer of such Residential Unit .

  • The terms of the Mortgage or other Underlying Loan Documents do not provide for release of any material portion of the Mortgaged Property from the lien of the Mortgage except (i) a partial release, accompanied by principal repayment in the amount of the Required Release Price (as defined in the Underlying Loan Agreement), (ii) upon payment in full of the Underlying Loan, or (iii) as required pursuant to an order of condemnation.

  • The terms of the Mortgage or other Underlying Loan Documents do not provide for release of any material portion of the Mortgaged Property from the lien of the Mortgage except (i) a partial release, accompanied by principal repayment in the amount of the Required Release Price or Required Parcel Release Price (each, as defined in the Underlying Loan Agreement), as applicable, (ii) upon payment in full of the Underlying Loan, or (iii) as required pursuant to an order of condemnation.

  • The issue is not whether plaintiff will prevail but whether he “is entitled to offer evidence to support the claims.” Diaz v.

  • The sum of the payments required by this paragraph and the payments, if any, required under the paragraph of this Section 3.1 captioned "Cash Collateral Account", below, is referred to in this Agreement as the "Required Release Price".


More Definitions of Required Release Price

Required Release Price shall have the meaning of the term “Required Release Price” as such term is defined in the Mortgage Loan Agreement.
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Required Release Price. As defined in the Underlying Loan Agreement.
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Required Release Price means, with respect to each Residential Unit, an amount equal to the greater of (a) the Minimum Release Price for such Residential Unit and (b) the Net Sales Proceeds.
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Required Release Price shall have the meaning set forth in Section 5.1.41(f)(vii) hereof.
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Required Release Price means
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Related to Required Release Price

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

  • Release Amount means, for a Property, the following applicable amount together with any other amounts specified in Section 2.4.4:

  • Collateral Release Period means, each period commencing with the occurrence of a Collateral Release Event and continuing until the occurrence of the next Collateral Reinstatement Event, if any, immediately following such Collateral Release Event.

  • Release Period means the period specified in paragraph 3(d) of the letter of consent.

  • Collateral Release Date has the meaning given that term in Section 8.10.(b).

  • Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the Excess Overcollateralized Amount.

  • Aggregate Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the aggregate of the Principal Remittance Amounts for each Mortgage Pool for such Distribution Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Remittance Amounts for such Distribution Date is applied on such date in reduction of the aggregate Certificate Principal Amount of the Certificates, exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.

  • Earned release means earned release from confinement as

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Work release means a program of partial confinement

  • Current Release means that version of the Product installed on the Equipment at the Commencement Date and any modifications to it or if a new Release is available, that new Release installed on the Equipment and any modifications to it;

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class C( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class C( - ) Adverse Event, the Nominal Liquidation Amount of the Class C( - ) Notes, and (iii) in all other circumstances, zero.

  • Release Notice has the meaning specified in Section 11.19(b).

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Escrow Release Date has the meaning set forth in the Escrow Agreement.

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • New Release means a modified or enhanced version of a Licensed Product that is designated by PTC as a new release of that product and that PTC makes generally available to its Maintenance Services customers.

  • Seller Remittance Amount With respect to each Servicer, the meaning assigned to such term in the related Servicing Agreement.

  • Release Request has the meaning set forth in Section 2.1.