Type Purchase Price Percentage definition

Type Purchase Price Percentage. With respect to each Type of Purchased Asset, the corresponding purchase price percentage for such Type, as set forth in the Transactions Terms Letter.

Type Purchase Price Percentage. With respect to each Eligible Asset, the percentages set forth on Schedule 1 under the heading “Type Purchase Price Percentage”.

Type Purchase Price Percentage. With respect to each Eligible Mortgage Loan, the percentages set forth on Schedule 1 under the heading “Type Purchase Price Percentage.” Maximum Dwell Time With respect to each Eligible Mortgage Loan, the number of days set forth on Schedule 1 under the heading “Maximum Dwell Time.” Green Tree Servicing LLC May 31, 2013 Buyer’s Guidelines, Policies and Procedures: The terms and conditions of this Transactions Terms Letter and the Agreement shall be subject to Buyer’s guidelines, policies and procedures, as may be changed from time to time. Buyer may communicate changes to its guidelines, policies and procedures to Seller via Buyer’s website, email or in writing. Guarantor: Xxxxxx Investment Management Corp. Governing Law: This Transactions Terms Letter and the rights and obligations of the parties hereunder shall be construed in accordance with and governed by the laws of the State of New York, without regard to principles of conflicts of laws (other than Sections 5 1401 and 5 1402 of the New York General Obligations Law). Severability: This Transactions Terms Letter, together with the other Principal Agreements, and all other documents executed pursuant to the terms hereof and thereof, constitute the entire agreement between the parties with respect to the subject matter hereof and supersedes any and all prior or contemporaneous oral or written communications with respect to the subject matter hereof, all of which such communications are merged herein. All Transactions hereunder constitute a single business and contractual relationship and each Transaction has been entered into in consideration of the other Transactions.

Examples of Type Purchase Price Percentage in a sentence

• For Pooled Mortgage Loans, the Purchase Price shall be the Type Purchase Price Percentage multiplied by the Takeout Price.

• The price at which each Purchased Mortgage Loan is transferred by Seller to Buyer which shall be equal to, the related Type Purchase Price Percentage multiplied by the least of: (i) the Market Value of such Purchased Mortgage Loan, (ii) the outstanding principal balance of such Purchased Mortgage Loan, (iii) the purchase price paid by Seller for such Purchased Mortgage Loan, if applicable, and (iv) the purchase price committed by the related Approved Investor, if applicable.

• The price at which each Asset is transferred by Seller to Buyer which, except as otherwise may be set forth in the Transactions Terms Letter, shall be equal to the applicable Type Purchase Price Percentage multiplied by the least of (i) the unpaid principal balance of such Asset, (ii) the Market Value of the Asset, (iii) the purchase price committed by the related Approved Investor, if applicable or (iv) the purchase price paid by Seller for such Asset, if applicable.

• For Pooled Mortgage Loans, the Purchase Price shall be equal to the product of the applicable Type Purchase Price Percentage and the lesser of (i) the unpaid principal balance of such Pooled Mortgage Loan and (ii) the Market Value of such Pooled Mortgage Loan.

More Definitions of Type Purchase Price Percentage

Type Purchase Price Percentage. With respect to each Type of Purchased Asset, the corresponding purchase price percentage for such Type, as set forth in the Transactions Terms Letter. “Type Sublimit”: Any of the applicable Type Sublimits, as set forth in the Transactions Terms Letter. “UK Financial Institution”: Any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. “UK Resolution Authority”: The Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “UETA”: The Official Text of the Uniform Electronic Transactions Act as approved by the National Conference of Commissioners on Uniform State Laws at its Annual Conference on July 29, 1999. “Unadjusted Benchmark Replacement”: The applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. “Underwriting Guidelines”: The loan purchase and/or origination guidelines, policies, procedures and matrices, as applicable, of Seller delivered to Administrative Agent on or before the Closing Date as may be updated from time to time by Seller with prior written consent of Administrative Agent. “Uniform Commercial Code”: The Uniform Commercial Code as in effect on the date hereof in the State of New York or the Uniform Commercial Code as in effect in the applicable jurisdiction. “Unused Fee”: The unused fee set forth in the Transactions Terms Letter. The Unused Fee shall be non- refundable. “Wet Mortgage Loan”: A closed Mortgage Loan that Administrative Agent, on behalf of Buyers, purchases from Seller prior to receipt by Administrative Agent, on behalf of Buyers, or its Custodian of the related Mortgage Loan Documents, subject to Seller’s obligation to deliver the related Mortgage Loan Documents to Administrative Agent, on behalf of Buyers, or its Custodian within the applicable Maximum Dwell Time with respect to Seller’s obligation to deliver the related Mortgage Loan Documents to Administrative Agent, on behalf of Buyers, or its Custodian. “Write-Down and Conversion Powers”: With respect to any EEA Resolution Authority, the write- down and conversion...