Seller Share definition
Examples of Seller Share in a sentence
The Seller Share of the Trust Property includes an amount equal to the Minimum Seller Share.
Neither the Funding Share nor the Seller Share may be reduced below zero.
At all times the Funding Share Percentage and the Seller Share Percentage shall be equal to 100 per cent.
The Cash Manager shall ensure that the Current Funding Share and the Current Funding Share Percentage of the Trust Property and the Current Seller Share and the Current Seller Share Percentage of the Trust Property are recorded in the Funding Share/Seller Share Ledger on the Initial Closing Date and thereafter on each Distribution Date.
Upon payment by the Seller to the Mortgages Trustee of such Further Contribution, the aggregate Current Balance of the Mortgage Loans constituting the Trust Property and the Seller Share of the Trust Property shall be increased by an amount equal to the amount of the Further Contribution so made to the Mortgages Trustee.