Repurchase Agreement definition

Repurchase Agreement means a simultaneous agreement to buy, hold for a specified time, and sell back at a future date obligations, described by Government Code 2256.009(a)(1) (obligations of gov- ernmental entities) or 2256.013 (commercial paper) or if applicable, 2256.0204 (corporate bonds), at a market value at the time the funds are disbursed of not less than the principal amount of the funds disbursed. The term includes a direct security repurchase agreement and a reverse security repurchase agreement. Gov’t Code 2256.011(b)
Repurchase Agreement means any agreement pursuant to which a Fund transfers securities, or any rights related to a title or security, to a counterparty subject to a commitment to repurchase them at a specified price on a future date specified or to be specified;
Repurchase Agreement means a repurchase agreement satisfying the requirements set forth in Article 4 herein.

Examples of Repurchase Agreement in a sentence

  • The Repurchase Agreement contains various affirmative and negative covenants.

  • The purpose of the Repurchase Agreement is to finance the origination of mortgage loans by NVRM.

  • On July 27, 2016, NVRM entered into the Eighth Amendment (the “Amendment”) to its Amended and Restated Master Repurchase Agreement dated August 2, 2011 with U.S. Bank National Association (as amended by the Amendment and seven earlier amendments, the “Repurchase Agreement”).

  • The Repurchase Agreement provides for loan purchases up to $150,000, subject to certain sub limits, and provides for an incremental commitment pursuant to which NVRM may from time to time request increases in the total commitment available under the Repurchase Agreement by up to $50,000 in the aggregate.

  • Advances under the Repurchase Agreement carry a Pricing Rate based on the LIBOR Rate plus the LIBOR Margin, as determined under the Repurchase Agreement, provided that the Pricing Rate shall not be less than 2.25%.


More Definitions of Repurchase Agreement

Repurchase Agreement means a repurchase agreement entered into with any financial institution whose debt obligations or commercial paper are rated "A" by either of S&P or Moody's or "A-1" by S&P or "P-1" by Moody's;
Repurchase Agreement means a repurchase agreement entered into with any financial institution whose debt obligations or commercial paper are rated "A" by either of S&P or Moody's or "A-1" by S&P or "P-1" by Moody's.
Repurchase Agreement means any written agreement
Repurchase Agreement means any written agreement:
Repurchase Agreement means a simultaneous agreement to buy, hold for a specified time, and sell back at a future date obliga- tions described by Section 2256.009(a)(1) or 2256.013 or, if appli- cable, 2256.0204, at a market value at the time the funds are dis- bursed of not less than the principal amount of the funds disbursed. The term includes a direct security repurchase agree- ment and a reverse security repurchase agreement.
Repurchase Agreement means an agreement pursuant to which the Fund buys Securities and agrees to resell such Securities at a described or specified date and price.
Repurchase Agreement means this Master Repurchase Agreement between Buyer and the Seller, dated as of the date hereof as the same may be further amended, supplemented or otherwise modified in accordance with the terms hereof.