Purchaser's Share Sample Clauses
The "Purchaser's Share" clause defines the portion or percentage of ownership, profits, or assets that the purchaser is entitled to receive under the agreement. In practice, this clause specifies exactly what share the purchaser will hold, such as a percentage of company equity, a share of future revenues, or a portion of distributed assets upon liquidation. Its core function is to clearly allocate the purchaser's rights and interests, ensuring both parties understand the extent of the purchaser's entitlement and preventing future disputes over ownership or profit distribution.
Purchaser's Share. Purchasers' Share" of any Undivided Interest with regard to any Collections of Pool Receivables received (or deemed received) by Seller, any Originator or Servicer on any day shall be determined as an amount equal to the product of
Purchaser's Share. With respect to each Undivided Interest, "Purchaser's Share" of Collections of Pool Receivables received (or deemed received) by Seller or Servicer on any day means an amount equal to the product of
(a) the amount of all Collections of Pool Receivables received (or deemed received) by Seller or Servicer on such day, times:
(b) (i) if such day is not a Run Off Day, such Undivided Interest on such day, expressed as a decimal, and
Purchaser's Share. Purchasers' Share" of Collections of Pool Receivables received (or deemed received) by Seller or Servicer on any day means an amount equal to the product of
Purchaser's Share. (i) Principal Receivables.
Purchaser's Share. With respect to each Undivided Interest, the related "PURCHASER'S SHARE" of Collections of Pool Receivables received (or deemed received) by the Transferor or Servicer on any day means an amount equal to the product of:
(i) the Aggregate Purchaser's Share of Collections for such day, TIMES
(ii) (A) if such day is not a Run Off Day, the quotient of (1) such Undivided Interest on such day, expressed as a decimal DIVIDED BY (2) all of the Undivided Interests on such day, expressed as a decimal,
Purchaser's Share. 14 ARTICLE III SETTLEMENTS.............................................................14 3.01. Non-Run Off Settlement Procedures for Collections...........14 3.02. Run Off Settlement Procedures for Collections...............16 3.03. Special Settlement Procedures; Reduction of Purchaser's Investment, Etc.................................16 3.04. Reporting...................................................19 3.05. Payments and Computations, Etc..............................19 3.06. Treatment of Collections and Deemed Collections.............20
Purchaser's Share. 10 ARTICLE III SETTLEMENTS 3.01. Non-Liquidation Settlement Procedures for Collections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 3.02. Liquidation Settlement Procedures for Collections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 3.03. General Settlement Procedures; Reduction of Purchaser's Investment . . . . . . . . . . . . . . . . . . . . . 13 3.04.
Purchaser's Share. Purchaser's Share" of any Participation with regard to any Collections of Portfolio Receivables received (or deemed received) by Seller or Servicer on any day means an amount equal to the product of: (a) the amount of such Collections received (or deemed received) by Seller or Servicer on such day, times (b)(i) if such day is not an Investment Reduction Day, such Participation (expressed as a decimal) on such day, and (ii) if such day is an Investment Reduction Day, the Pro Rata Share in respect of such Participation (expressed as a decimal) on such day; provided, however, that after such time as a Participation shall equal zero, the Purchaser's Share of Collections therefor shall also equal zero.
Purchaser's Share. 6 2.05 Yield Reserve; Earned Return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 2.06 Servicer's Fee Reserve . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 2.07
Purchaser's Share. Purchaser shall pay: (i) the cost of the Title Policy in excess of the amount paid by Seller under Section 15.1(i), including any extended coverage or special endorsements; (ii) any sales taxes owing in connection with the transfer of the Personal Property as contemplated by this Agreement; (iii) the cost of recording the Deed; and (iv) one-half (1/2) of Escrow Agent's fee.