Deferred Payment Price definition

Deferred Payment Price means the total of the cash price and the amounts, if any, included for insurance, official fees, and finance charge.

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Deferred Payment Price means, in relation to the Murabaha Contract, the applicable deferred price which is required to be paid by the Commodity Purchaser in U.S. Dollars (as set out in the relevant Offer Notice in accordance with the terms of the Murabaha Agreement), being the aggregate of: (a) the Commodity Purchase Price (being the “Deferred Principal Amount”); and (b) the Profit Amount;

Deferred Payment Price means the deferred payment price payable by FGB to the Trustee in respect of the Commodity Murabaha Investment as further described in the Master Murabaha Agreement;

Examples of Deferred Payment Price in a sentence

• Party A may, at any time during which a Deferred Payment Price is outstanding, request Party B to prepay any outstanding Deferred Payment (a "Prepayment Request"), provided always that Party B shall not be under any obligation whatsoever to take any action in relation to such Prepayment Request.

• On and at any time after the occurrence of an Event of Default which is continuing, where Party A is the non-defaulting Party it may, by notice to the other Party, declare that all or part of the Deferred Payment Price be immediately due and payable, whereupon it shall become immediately due and payable.

• Upon receiving a Prepayment Request, Party B may elect, in its sole discretion, whether to prepay a Deferred Payment Price and shall, in any event, notify Party A of its decision within five (5) Business Days of receiving a Prepayment Request (failing which the Prepayment Request shall be deemed to have been rejected by Party B).

• The Parties may agree, at the time of any Prepayment Request, whether any rebate of Murabaha Profit (relating to the relevant Murabaha Contract) is applicable in relation to a Deferred Payment Price to be prepaid pursuant to a Prepayment Request, provided always that the amount of any rebate shall be at the sole discretion of Party A.

• Upon payment in full of the Total of Payments, or in the event of withdrawal (provided below), if BUYER has elected the Deferred Payment Price, any unearned portion of the Finance Charge will be calculated and refunded based upon the “Rule of 78 Method” applied to the payment schedule specified above.

• The Parties shall agree an overall Threshold Percentages and or a Required Minimum in relation to the Value of the Posted Collateral compared to the Aggregate Outstanding Deferred Payment Price.

• OF JEFFERSON CITY (Deferred Payment Price) JEFFERSON CITY, MT 59638 JEFFERSON (2+8) .

More Definitions of Deferred Payment Price

Deferred Payment Price means the sum payable by Party B to Party A on the Deferred Payment Date and shall be the aggregate of the Cost Price and the Murabaha Profit for each Murabaha Contract and shall include all costs and expenses [(other than delivery costs)].

Deferred Payment Price means a Dirham Deferred Payment Price, a Dollar Deferred Payment Price, a Riyal Deferred Payment Price, a Singapore Dollar Deferred Payment Price or an Optional Currency Deferred Payment Price, as the context so requires;

Deferred Payment Price has the meaning given to it in the Master Murabaha Agreement;

Deferred Payment Price means, in relation to a Murabaha Contract, the aggregate of:

Deferred Payment Price means the consideration to be paid by the Bank to the Customer under the relevant Murabaha Contract, as set out in the Offer Notice, which sum shall be payable by the Bank to the Customer on the Deferred Payment Dates and shall be the aggregate of the Cost Price and the Murabaha Profit for each Murabaha Contract and shall include all costs and expenses (other than delivery costs).