Termination Purchase Price definition

Termination 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.

Termination Purchase Price means the monetary amount to be paid to the Terminating Shareholder which shall equal 100% of Value attributable to the Terminating Shareholder, net of the percent of the Liabilities of the Corporation which percent is equal to the Terminating Shareholder’s Applicable Percent and net of any Specific Liabilities attributable to the Shareholder.

Termination Purchase Price. As defined in Section 10.01.

Examples of Termination Purchase Price in a sentence

• Upon deposit of the Termination Purchase Price and following such final Distribution Date, the Trustee shall release promptly to the Depositor and/or its designee the Mortgage Files for the remaining Mortgage Loans, and the Accounts with respect thereto shall terminate, subject to the Trustee's obligation to hold any amounts payable to the Certificateholders in trust without interest pending final distributions pursuant to Subsection 10.01(g).

• Upon deposit of the Termination Purchase Price and following such final Distribution Date, the Trustee or the Custodian, as its agent, shall release promptly to the Depositor and/or its designee the Mortgage Files for the remaining Mortgage Loans, and the Accounts with respect thereto shall terminate, subject to the Paying Agent’s obligation to hold any amounts payable to the Certificateholders in trust without interest pending final distributions pursuant to Subsection 10.01(g).

• Upon deposit of the Termination Purchase Price and following such final Distribution Date, the Trustee shall release promptly to the Depositor and/or its designee the Mortgage Files for the remaining Mortgage Loans of the related Loan Group, and the Accounts as they relate to such Loan Group shall terminate, subject to the Trustee's obligation to hold any amounts payable to the Certificateholders in trust without interest pending final distributions pursuant to Subsection 10.01(g).

• Upon deposit of the related Termination Purchase Price and following such final Distribution Date, the Trustee shall release promptly to the Depositor and/or its designee the related Mortgage Files for the remaining Mortgage Loans, and the related portions of the Accounts with respect thereto shall terminate, subject to the Trustee’s obligation to hold any amounts payable to the related Certificateholders in trust without interest pending final distributions pursuant to Subsection 10.01(g).

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More Definitions of Termination Purchase Price

Termination Purchase Price is defined in Section 9.6(c) of the Company LLC Agreement.

Termination Purchase Price is defined in Section 17.7(b).

Termination 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. Trust Fund or Trust: The corpus of the trust created by this Agreement, consisting of the Mortgage Loans and the other assets described in Section 2.01(a). Trustee: Citibank, N.A., or its successor in interest, or any successor trustee appointed as herein provided. 2007-1 REMIC: Any of REMIC I, REMIC II and REMIC III.

Termination Purchase Price has the meaning given in Section 8.1(c).

Termination Purchase Price means an amount equal to: (a) if the date of termination of employment of the Minority Shareholder (the "Employment Termination Date") is on or before December 31, 2000, the lesser of (i) the book value of the Stock Owned by the Minority Shareholder or (ii) the amount of the capital actually contributed by the Minority Shareholder to the Corporation; (b) if the Employment Termination Date is after December 31, 2000 but on or before December 31, 2004, the book value of the Stock Owned by the Minority Shareholder; and (iii) if the Employment Termination Date is after December 31, 2004, the Fair Market Value of the Stock Owned by the Minority Shareholder.

Termination Purchase Price has the meaning set forth in Section 6.2(c)(i).

Termination 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. Trust Fund or Trust: The corpus of the trust created by this Agreement, consisting of the Mortgage Loans and the other assets described in Section 2.01(a). Trustee: JPMorgan Chase Bank, or its successor in interest, or any successor trustee appointed as herein provided. 2004-7 REMIC: Any of REMIC I and REMIC II.