Seller Loan Purchase Price definition

Seller Loan Purchase Price means the amount calculated on the Reporting Date immediately preceding the Regulatory Call Early Redemption Date that is equal to the Final Repurchase Price less the principal outstanding balance of the Tranche A Loan after application of item (b) of the relevant section of the Issuer Pre-Enforcement Redemption Priority of Payments on the Regulatory Call Early Redemption Date.
Seller Loan Purchase Price means the amount calculated on the Investor Reporting Date immediately preceding the Regulatory Call Early Redemption Date that is equal to the Final Repurchase Price less the principal outstanding balance of the Tranche A Loan after application of item (b) of the Issuer Pre-Enforcement Redemption Priority of Payments on the Regulatory Call Early Redemption Date, provided that, while the Class A Notes or Class B Notes remain outstanding, the Final Repurchase Price shall be in an amount sufficient for the Issuer to pay in full all amounts payable or that will become payable prior to such Payment Date under items (a) to (e) (inclusive) and (g) of the Issuer Pre-Enforcement Revenue Priority of Payments, item (a), (b) and (d) of the Issuer Pre- Enforcement Redemption Priority of Payments and item (a) of the IssuerRegulatory Call Priority of Payments on the Regulatory Call Early Redemption Date.

Related to Seller Loan Purchase Price