Warranty Purchase Price definition

Warranty Purchase Price means, with respect to an Included Lease and date of determination, an amount equal to the Discounted Lease and Residual Balance as of the preceding Determination Date, plus one month's interest thereon at the Applicable Discount Rate.
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Warranty Purchase Price means, with respect to any Lease or AFG Credit Lease and the related Equipment to be repurchased or purchased, respectively, by AFG, (a) the amount set forth as such in any then applicable Transfer Agreement, or (b) if no such amount is set forth or no Transfer Agreement is then in effect, an amount agreed to by AFG and AFG Credit as reflecting the fair market value therefor, determined on the same basis as the purchase price for sales of Original Leases and Additional Leases has been determined hereunder.
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Warranty Purchase Price means, with respect to any Lease and the related Equipment to be purchased by Trans Leasing, the amount set forth as such in the Pooling and Servicing Agreement.
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Examples of Warranty Purchase Price in a sentence

  • Without limiting the foregoing, prior to termination, the failure of Trans Leasing to pay a Warranty Purchase Price will not render such contribution, sale or obligations executory and the continued respective duties of Trans Leasing and TLFC pursuant to Article IV will not render an executed sale or contribution executory.

  • In consideration of such retransfer the Transferor shall, on the date of retransfer of such Ineligible Lease, either (i) make a deposit in the Collection Account (for allocation pursuant to Article IV) in immediately available funds in an amount equal to the Warranty Purchase Price or (ii) transfer to the Trust a Substitute Lease.

  • Without limiting the foregoing, prior to termination, the failure of AFG to pay a Warranty Purchase Price will not render such contribution, sale or obligations executory and the continued respective duties of AFG and AFG Credit pursuant to Article V will not render an executed sale or contribution executory.

  • In consideration for the purchase of any such Lease and the related Equipment, the Seller will remit the Warranty Purchase Price therefor to the Servicer for deposit into the Collection Account.

  • In consideration for the purchase of any such Lease and the related Equipment, Trans Leasing will remit the Warranty Purchase Price to the Servicer for allocation of such Warranty Purchase Price pursuant to the terms of the Pooling and Servicing Agreement or, if not required to be so remitted by such Agreement, will remit the Warranty Purchase Price to TLFC.

  • In consideration for the purchase of any such Lease and the related Equipment, Trans Leasing will remit the Warranty Purchase Price to the Servicer for allocation of such Warranty Purchase Price pursuant to the terms of the Debt Agreement or, if not required to be so remitted by any Debt Agreement, will remit the Warranty Purchase Price to TLFC.

  • As payment for the Ineligible Leases, AFG shall, on the date of transfer or retransfer, as the case may be, of such Ineligible Lease, (i) make a payment to AFG Credit in immediately available funds in an amount equal to the Warranty Purchase Price.

  • In consideration of the purchase of a Lease and related Equipment pursuant to this Section 2.6(c) by the Originator, the Originator will remit the Warranty Purchase Price therefor to the Servicer for deposit into the Collection Account.


More Definitions of Warranty Purchase Price

Warranty Purchase Price means, with respect to any Lease and the related Equipment to be purchased by Trans Leasing, (a) the amount set forth as such in any then applicable Debt Agreement, or (b) if no such amount is set forth or no Debt Agreement is then in effect, an amount agreed to by Trans Leasing and TLFC as reflecting the fair market value therefor, determined on the same basis as the purchase price for sales of Purchased Leases and Additional Leases has been determined hereunder, provided that the Warranty Purchase Price for any such Lease and related Equipment determined pursuant to this clause (b) shall not exceed the value ascribed thereto at the time of the contribution or sale thereof by Trans Leasing to TLFC as described herein.
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Related to Warranty Purchase Price

  • Warranty Purchase Payment means, with respect to a Payment Date and to a Warranty Receivable repurchased by the Seller as of the close of business on the last day of the related Collection Period, the sum of (a) the unpaid principal balance owed by the Obligor in respect of such Receivable plus (b) interest on such unpaid principal balance at a rate equal to the related APR to the last day in the related Collection Period.

  • Warranty Purchaser The Person described in Section 2.04 of the Trust Sale Agreement.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • Purchase Price has the meaning set forth in Section 2.1.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Estimated Purchase Price has the meaning set forth in Section 2.2.

  • Receivables Purchase Price means $1,403,509,094.50.

  • Mortgage Loan 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.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.