Termination Price. 37 TRANSFER.....................................................................................................37
Termination Price. 39 Transfer......................................................................................39 Transferee....................................................................................
Termination Price. In the event that all of the Home Loans are purchased by the Master Servicer, the Termination Price will be an amount equal to 100% of the unpaid Loan Balance of each Home Loan so purchased, plus accrued and unpaid interest thereon at the weighted average of the Loan Rates through the day preceding the Payment Date on which such purchase occurs, plus any amounts owed by the Seller pursuant to the second paragraph of Section 3.1(c) of the Home Loan Purchase Agreement in respect of any liability, penalty or expense that resulted from a breach of the representation and warranty set forth in clause (x) of Section 3.1(b) of the Home Loan Purchase Agreement, that remain unpaid on the date of such purchase.
Termination Price. For purposes of this Section 7.09, if the employment or other service arrangement of a Management Member is terminated (i) by the Company or a Subsidiary thereof for Cause, the “Termination Price” shall be an amount per Termination Unit equal to the original purchase price paid to the Company for such Termination Unit, and (ii) if the employment or other service arrangement of a Management Member is terminated for any reason other than for Cause, the “Termination Price” shall be (x) in the case of a Call, an amount per Termination Unit equal to the greater of Repurchase Fair Market Value on the RFMV Calculation Date and original purchase price paid to the Company and (y) in the case of a Put, an amount per Put Unit equal to the Repurchase Fair Market Value on the RFMV Calculation Date.
Termination Price. 41- Terminator...................................................-41- Transfer ....................................................-41- Transferee...................................................-41- Transferor...................................................-41- Trigger Event................................................-41- Trust ....................................................-41-
Termination Price. 42- Terminator..........................................................................-42- Transfer ...........................................................................-42- Transferee..........................................................................-42- Transferor..........................................................................-42- Trigger Event.......................................................................-42- Trust ...........................................................................-42- Trust REMIC.........................................................................-42- Trustee ...........................................................................-42- Trust Fund..........................................................................-43-
Termination Price. For purposes of this Section 3.5, if the employment or other service arrangement of a Management Shareholder is terminated, the “Termination Price” per Termination Security purchased by the Company pursuant to the Call Right shall equal the value as set forth below: Employment Termination Purchased Securities Incentive Securities By the Company or any Subsidiary thereof without Cause or by the Management Shareholder for Good Reason Fair Market Value Fair Market Value By the Company or any Lower of Cost or Fair Lower of Cost or Fair Employment Termination Purchased Securities Incentive Securities Subsidiary thereof with Cause Market Value Market Value By the Management Shareholder without Good Reason Fair Market Value Lower of Cost or Fair Market Value Death or Disability Fair Market Value Fair Market Value For purposes of this Section 3.5(d), “Fair Market Value” shall be the Fair Market Value on the FMV Calculation Date.
Termination Price. As of any date of determination, an amount without duplication equal to the greater of (A) the Note Redemption Amount and (B) the sum of (i) the Principal Balance of each Loan included in the Trust as of the Payment Date of the termination of the Trust; (ii) all unpaid interest accrued on the Principal Balance of each such Loan at the related Net Loan Interest Rate to such Payment Date; and (iii) the aggregate fair market value of each Foreclosure Property included in the Trust on such Payment Date, as determined by an Independent appraiser acceptable to the Majority Noteholders as of a date not more than 30 days prior to such Payment Date.
Termination Price. As used in this Agreement, the term "Termination Price" shall mean (a) in the event of the Terminated Stockholder's death, Permanent Disability, Retirement or Involuntary Termination, the Fair Market Value of the Termination Shares on the date of the Termination Event, (b) in the event of the Terminated Stockholder's Termination for Cause arising from the Terminated Stockholder's conviction for fraud, embezzlement or any felony involving moral turpitude, the lower of the original purchase price or the Fair Market Value of the Termination Shares on the date of the occurrence of the Termination Event; and (c) in the event of the Terminated Stockholder's Termination for Cause (other than as provided in Section 4.2(b)) or termination for any other reason not otherwise provided for herein, (i) the Fair Market Value of the Termination Shares that are "Protected Shares" on the date of the occurrence of the Termination Event (with 20% of the Shares purchased concurrently with the execution hereof becoming "Protected Shares" on each of the first through the fifth anniversaries of the date hereof) and (ii) the lower of the original purchase price or the Fair Market Value of the Termination Shares that are not Protected Shares on the date of the occurrence of the Termination Event.
Termination Price. As defined in Section 9.01. Transfer -------- Any direct or indirect transfer or sale of any Ownership Interest in a Class R Certificate. Transfer Affidavit ------------------ As defined in Section 5.02(c). Transferor Certificate ---------------------- As defined in Section 5.02(b). Trigger Event ------------- With respect to any Distribution Date, if (a) the six-month rolling average of 60+ Day Delinquent Loans equals or exceeds 40.00% of the Senior Enhancement Percentage; provided, that if the Class Certificate Balance of the Guaranteed Certificates has been reduced to zero, a Trigger Event will have occurred if the six-month rolling average of 60+ Day Delinquent Loans equals or exceeds 16.80% or (b) the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Due Period divided by the Cut-off Date Pool Principal Balance exceeds the applicable percentages set forth below with respect to that Distribution Date: ----------------------------------------- ----------------------------------- Distribution Date Occurring In Percentage ----------------------------------------- ----------------------------------- November 2005 - October 2006 3.50% ----------------------------------------- ----------------------------------- November 2006 - October 2007 4.25% ----------------------------------------- ----------------------------------- November 2007 - October 2008 4.75% ----------------------------------------- ----------------------------------- November 2008 and thereafter 5.25% ----------------------------------------- ----------------------------------- Trust Fund ---------- The corpus of the trust created hereunder consisting of (a) the Loans and all interest and principal received, or receivable, on or with respect thereto after the Cut-off Date to the extent not applied in computing the Cut-off Date Principal Balance thereof and all interest and principal payments on such Loans received prior to the Cut-off Date in respect of installments of interest and principal due thereafter; (b) the Certificate Account, the Distribution Account, the Net WAC Cap Account, the Reserve Fund and all amounts deposited therein pursuant to the applicable provisions of this Agreement; (c) property that secured a Loan and has been acquired by foreclosure, deed-in-lieu of foreclosure or otherwise; (d) the Yield Maintenance Agreement; (e) the Guarantee and (f) all proceeds of the conversion, voluntary or involuntary, of any of the for...
