Buyer Purchase Price Percentage definition

Buyer Purchase Price Percentage means, as of any date of determination and with respect to any Sale Date Loan Pool, (A) prior to the occurrence of a Timeshare Portfolio Performance Event the ratio of (x) the Initial Purchase Price Installment for such Sale Date Loan Pool to (y) the Aggregate Loan Balance of such Sale Date Loan Pool as of the related Sale Date, such ratio as expressed as a percentage, as set forth in the Buyer Purchase Confirmation or (B) on or after the occurrence of a Timeshare Portfolio Performance Event, the ratio of (i) the Net Investment Amount for such Sale Date Loan Pool to (ii) the Aggregate Loan Balance of such Sale Date Loan Pool, both amounts in (B)(i) and (B)(ii) as of the earlier to occur of (x) the distribution date immediately prior to such date of determination or (y) the most recent distribution date, if any, upon which a Timeshare Portfolio Performance Event was cured, such ratio expressed as a percentage.
Buyer Purchase Price Percentage means, as of any date of determination and with respect to any Sale Date Loan Pool, (A) prior to the occurrence of a Timeshare Portfolio Performance Event the ratio of (x) the Initial Purchase Price Installment for such Sale Date Loan Pool to (y) the Aggregate Loan Balance of such Sale Date Loan Pool as of the related Sale Date, such ratio as expressed as a percentage, as set forth in the Buyer’s Purchase Confirmation or (B) on or after the occurrence of a Timeshare Portfolio Performance Event, the ratio of (i) the Net Investment Amount for such Sale Date Loan Pool to (ii) the Aggregate Loan Balance of such Sale Date Loan Pool, both amounts in (B)(i) and (B)(ii) as of the earlier to occur of (x) the distribution date immediately prior to such date of determination or (y) the most recent distribution date, if any, upon which a Timeshare Portfolio Performance Event was cured, such ratio expressed as a percentage.
Buyer Purchase Price Percentage means, as of any date of determination and with respect to any Sale Date Loan Pool, the percentage as set forth in, as applicable, the related Buyer Purchase Confirmation or the Buyer Commitment Purchase Confirmation.

Examples of Buyer Purchase Price Percentage in a sentence

  • The Buyer Purchase Confirmation shall specify items including the following (w) the Buyer Purchase Price Percentage, (x) the Initial Purchase Price Installment for such Sale Date Loan Pool, (y) the Program Fee Rate, and (z) any fees and expenses payable by the Seller to the Buyer.

  • Buyer Purchase Price Percentage: No less than 85% during the Commitment Period, subject to adjustment as provided herein.

  • Written notice of any change(s) in the Buyer Purchase Price Percentage and/or the Timeshare Portfolio Performance Event levels will be provided by the Buyer to the Seller at least thirty (30) days in advance of the effective date thereof.

  • All determinations of the Buyer Purchase Price Percentage shall be based upon historical portfolio performance and other relevant information.

  • For all Sale Date Loan Pools purchased after the first six (6) months of the Commitment Period, the Buyer Purchase Price Percentage may be reviewed and adjusted as the Buyer deems appropriate; provided, that the Buyer shall provide the Seller ninety (90) days’ prior written notice of any change in the Buyer Purchase Price Percentage.

  • Compensation PrinciplesThe ultimate test of any compensation program’s success is demonstrated through day-to-day recruitment and retention of qualified people.

  • The existing budget for leisure services portfolio based on 2014/15 is a total net cost of £3.422 million, which is summarised in the table below (split between a Council budget and the NPDO).

  • Written notice of any change(s) in the Buyer Purchase Price Percentage and/or the Program Fee Rate and/or the Timeshare Portfolio Performance Event triggers will be provided by the Buyer to the Seller at least thirty (30) days in advance of the effective date thereof.

  • Written notice of any change(s) in the Buyer Purchase Price Percentage and/or the Timeshare Portfolio Performance Event triggers will be provided by the Buyer to the Seller at least thirty (30) days in advance of the effective date thereof.

  • The Buyer reserves the right to modify the Buyer Purchase Price Percentage, the Program Fee Rate and the Timeshare Portfolio Performance Event triggers, at any time during or after the Commitment Period for new fundings.

Related to Buyer Purchase Price Percentage

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • 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.

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

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

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

  • 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.

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

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

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • 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).

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

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

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Optional Purchase Percentage means 5%.

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

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

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

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • Per Unit Purchase Price equals $7.05, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

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

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

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.