Uncommitted Amount definition

Uncommitted Amount shall have the meaning assigned thereto in the Pricing Side Letter.

Uncommitted Amount. The amount of the Aggregate Transaction Limit that is uncommitted, as set forth in the Transactions Terms Letter, or such other amount as may be determined by the Buyer in its sole discretion.

Uncommitted Amount means the amount set forth under the “Uncommitted Amount” column opposite a Lender’s name on the Commitment Schedule attached as Schedule 1 to the Pricing Side Letter.

Examples of Uncommitted Amount in a sentence

• Buyer shall not have the right to terminate any Transactions with respect to the Uncommitted Amount after the Purchase Date until the related Repurchase Date.

• Unless otherwise agreed to in writing between Xxxxx and Seller, all purchases of Eligible Mortgage Loans subject to outstanding Transactions at any time shall be first deemed committed up to the Committed Amount and then the remainder, if any, shall be deemed uncommitted up to the Uncommitted Amount.

• Upon satisfaction of the conditions set forth in Section 3(a) hereof, and subject to the limitations set forth in the first paragraph of Section 3, Buyer shall, with respect to the Committed Amount, and may, with respect to the Uncommitted Amount, enter into a Transaction with Seller.

• This Agreement is only a commitment by Xxxxx to engage in the Transactions with respect to the Committed Amount, and sets forth the requirements under which Xxxxx would consider entering into Transactions set forth herein with respect to the Uncommitted Amount.

• Notwithstanding anything contained in this Agreement to the contrary, Buyer shall only have an obligation to enter into Transactions with an aggregate outstanding Purchase Price of up to the Committed Amount, and shall have no obligation to enter into Transactions with respect to the Uncommitted Amount.

More Definitions of Uncommitted Amount

Uncommitted Amount. As of any date of determination, the amount of the Aggregate Transaction Limit in excess of the Committed Amount that is uncommitted as of such date of determination, as set forth in the Transactions Terms Letter, or such other greater amount as may be determined by Buyer in its sole discretion.

Uncommitted Amount means (i) on or prior to October 15, 2016, $250,000,000, and (ii) at all other times, $50,000,000.

Uncommitted Amount means an amount equal to (i) $250,000,000 reduced by (ii) the Uncommitted Amount (as such term is defined in the NPL Repurchase Agreement) of all Loans (as such term is defined in the NPL Repurchase Agreement) then subject to outstanding Transactions (as such term is defined in the NPL Repurchase Agreement) under the NPL Repurchase Agreement.

Uncommitted Amount means $400,000,000.”

Uncommitted Amount means $50,000,000.

Uncommitted Amount means an amount equal to (i) $250,000,000 reduced by (ii) the Uncommitted Amount (as such term is defined in the PMAC Agency Repurchase Agreement) of all Loans (as such term is defined in the PMAC Agency Repurchase Agreement) then subject to outstanding Transactions (as such term is defined in the PMAC Agency Repurchase Agreement) under the PMAC Agency Repurchase Agreement.

Uncommitted Amount means (i) for the period beginning on November 22, 2019 and ending on April 6, 2020 February 28, 2020, $[***], and (ii) at all other times, $[***].