Residual Purchase Price definition

Residual Purchase Price shall have the meaning set forth in Section 2.3.2 hereof.
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Residual Purchase Price shall equal the excess of (i) the Closing Price over (ii) the aggregate Final Allocations with respect to the UK Items. With respect to each non-UK Item, if the Buyer’s Allocation is within 10% of the Revised Allocation, then the Buyer’s Allocation shall be accepted by Buyer and TRW and shall be the Final Allocation; provided, however, that in the event that the Buyer’s Allocation varies by more than 10% in either direction from the Revised Allocation, TRW may elect to have TRW’s Appraiser determine the reasonableness of Buyer’s Allocation and provide Buyer and TRW with an allocation of the Residual Purchase Price (the “TRW’s Allocation”), in which case the Final Allocation will be the average of the Buyer’s Allocation and TRW’s Allocation and the Final Allocation so determined shall be accepted by Buyer and TRW.
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Residual Purchase Price has the meaning specified in Section 2.4(a) of the Agreement.
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Examples of Residual Purchase Price in a sentence

  • The Termination Fee shall be paid to Buyer within twenty (20) days of such early termination, and may be charged to Seller directly or offset from any Residual Purchase Price or Unpurchased Receivable payments owed to Seller at or after the time at which such Termination Fee arises.

  • The Commitment Fee shall be paid to Buyer within ten (10) days of the invoice date and may be offset from any Residual Purchase Price or Unpurchased Receivable payments owed to Seller if the Commitment Fee is not paid when due.

  • The unpaid portion of the Residual Purchase Price shall be paid and satisfied on each Monthly Payment Date by the payment by the Issuer to the Seller of the Monthly Residual Purchase Price Amount, if any, for such Monthly Payment Date in cash or by wire transfer in immediately available funds to the Seller or by way of offset against the portion of the Subordinated Reserve Loan Advance, if any, to be made by the Seller to the Issuer on such Monthly Payment Date in accordance with Section 2.7(d).

  • The Seller acknowledges and agrees that the Subordinated Reserve Account Loan and the Residual Purchase Price are subject to the terms and provisions of Sections 15.2, 15.3, 15.4 and 15.5 of the Indenture and the Series Supplement and is otherwise a Related Obligation for and of the Series C2002-1 Notes for the purposes of the Indenture.

  • On each Residual Payment Date, Buyer shall, or shall cause RCA to, deduct from any Collections an amount equal to the percent, as shown on Exhibit A Rate Schedule, or as otherwise agreed to between Seller and Buyer, (the “Discount Factor Rate”), of the Face Amount of each Purchased Receivable for which the Residual Purchase Price, if any, is paid on such Residual Payment Date (the “Discount Factor”).

  • We are planning to launch around 11 million square feet with the sales potential of almost INR19,700 crores this fiscal and in addition, have an launch inventory of around INR7,400 crores.

  • The Seller hereby subordinates payment or repayment of the Subordinated Reserve Account Loan and the Residual Purchase Price to the prior payment in full of the Series C2002-1 Notes and the debts, liabilities and obligations of the Issuer to the other Related Specified Creditors.

  • On each Residual Payment Date, Buyer shall, or shall cause to, deduct from any Collections an amount equal to .524% (the “Discount Factor Rate”) of the Face Amount of each Purchased Receivable for which the Residual Purchase Price, if any, is paid on such Residual Payment Date (the “Discount Factor”).

  • Provided that there does not then exist an Event of Default or any event or condition that, with notice, lapse of time or otherwise, would constitute an Event of Default, Buyer shall pay to Seller by wire transfer on the Residual Payment Date, the amount, if any, which Buyer owes to Seller on such Residual Payment Date, according to the accounting prepared by Buyer as of such Residual Calculation Date (the "Residual Purchase Price").

  • On each Residual Payment Date, Buyer shall, or shall cause RCA to, deduct from any Collections an amount equal to the percent, as shown on Exhibit A Rate Schedule, or as otherwise agreed to between Seller and Buyer, (the "Discount Factor Rate"), of the Face Amount of each Purchased Receivable for which the Residual Purchase Price, if any, is paid on such Residual Payment Date (the "Discount Factor").


More Definitions of Residual Purchase Price

Residual Purchase Price shall be equal to the difference of $1,425,000 less the gross proceeds received by the Shareholders from the sale of any of the Exchange Shares or any additional shares of Purchaser Common Stock received by the Shareholders pursuant to Section 2.8 of this Agreement. By way of example and not limitation, if (1) the number of Exchange Shares is 9, (and 11 shares of Purchaser Common Stock were issued pursuant to Section 2.8 and none of the Exchange Shares or such additional 11 shares has been sold, transferred, or otherwise disposed of by the Shareholders), (2) the average closing price of the Purchaser Common Stock for the twenty trailing business days prior to the Second Adjustment Date is $3.00, and (3) the Adjusted Residual Purchase Price is $80, THEN the aggregate Deficiency Amount would be determined as follows:
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Residual Purchase Price. The difference between the Purchase Price and the Cash Payment as defined in Section 4.3 (b).
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Related to Residual Purchase Price

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Initial Purchase Price has the meaning set forth in Section 2.1.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Defaulted Mortgage Loan Purchase Price means the sum, without duplication, of (a) the aggregate Principal Balance of the Senior Notes, (b) accrued and unpaid interest thereon at the Note A Rate, from the date as to which interest was last paid in full by Mortgage Loan Borrower up to and including the end of the interest accrual period relating to the Monthly Payment Date next following the date of purchase, (c) any other amounts due under the Mortgage Loan, other than Prepayment Premiums, default interest, late fees, exit fees and any other similar fees, provided that if the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party is the purchaser, the Defaulted Mortgage Loan Purchase Price shall include Prepayment Premiums, default interest, late fees, exit fees and any other similar fees, (d) without duplication of amounts under clause (c), any unreimbursed property protection or servicing Advances and any expenses incurred in enforcing the Mortgage Loan Documents (including, without limitation, servicing Advances payable or reimbursable to any Servicer, and earned and unpaid special servicing fees), (e) without duplication of amounts under clause (c), any accrued and unpaid Advance Interest Amount, (f) (x) if the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party is the purchaser or (y) if the Mortgage Loan is purchased after ninety (90) days after such option first becomes exercisable pursuant to Section 12 of this Agreement, any liquidation or workout fees payable under the Securitization Servicing Agreement with respect to the Mortgage Loan and (g) any Recovered Costs not reimbursed previously to a Senior Note pursuant to this Agreement. Notwithstanding the foregoing, if the Note B Holder is purchasing from the Mortgage Loan Borrower or a Mortgage Loan Borrower Related Party, the Defaulted Mortgage Loan Purchase Price shall not include the amounts described under clauses (d) through (f) of this definition. If the Mortgage Loan is converted into a REO Property, for purposes of determining the Defaulted Mortgage Loan Purchase Price, interest will be deemed to continue to accrue on each Senior Note at the Note A Rate as if the Mortgage Loan were not so converted. In no event shall the Defaulted Mortgage Loan Purchase Price include amounts due or payable to the Note B Holder under this Agreement.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Receivables Purchase Price means $1,375,000,017.71.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

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

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Aggregate Supplemental Purchase Amount with respect to this Supplemental Transfer Agreement shall be $________; provided, however, that such amount shall not exceed the amount on deposit in the Supplemental Loan Account.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • 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.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Redemption Call Purchase Price has the meaning set out in Section 5.2(a).

  • 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.