Deferred Purchase Price definition

Deferred Purchase Price means the portion of the Purchase Price of Purchased Receivables purchased on any Purchase Date exceeding the amount of the Purchase Price under Section 2.02 to be paid in cash, which portion when added to the cumulative amount of all previous Deferred Purchase Prices (after giving effect to any payments made on account thereof) shall not exceed 15% of the Outstanding Balance of the Transferred Receivables. The obligations of the Purchaser in respect of the Deferred Purchase Price shall be evidenced by the Purchaser’s subordinated promissory note in the form of Exhibit C hereto.
Deferred Purchase Price means that portion of the Purchase Price for the sale and assignment of the Initial Mortgage Portfolio or of any New Mortgage Portfolio sold and assigned to the Mortgages Trustee which is not paid to the Seller on the Initial Closing Date or, in the case of any New Mortgage Portfolio, on the relevant Assignment Date and which is to be paid by the Mortgages Trustee to the Seller from time to time from Deferred Contributions received by the Mortgages Trustee from Funding and otherwise in accordance with the Mortgage Sale Agreement;
Deferred Purchase Price has the meaning specified in the Originator Purchase Agreement.

Examples of Deferred Purchase Price in a sentence

  • Deferred Purchase Price Part of the purchase price paid in respect of the PurchasedReceivables and which will, in respect of the entire portfolio of Purchased Receivables sold and assigned pursuant to the Receivables Purchase Agreement (including the Purchased Initial Receivables and the Purchased Additional Receivables), be equal to the sum of all Deferred Purchase Price Instalments which may be due and payable on any Payment Date.

  • On each Remittance Date prior to the Termination Date, any Cash Reserve Excess Amount shall, if requested by the Seller, be paid to the Seller on account of Deferred Purchase Price.

More Definitions of Deferred Purchase Price

Deferred Purchase Price means $ , the deferred portion of the Total Purchase Price to be paid by the County to the Registered Owner in accordance with this Agreement.
Deferred Purchase Price has the meaning set forth in Section 1.4(c) of the Agreement.
Deferred Purchase Price means any purchase price or other consideration, including payments under agreements not to compete, payable to the sellers in an Acquisition (whether consummated before or after the date of this Agreement) after consummation of such Acquisition, whether evidenced by notes, debentures or the contractual promise to pay on a deferred basis.
Deferred Purchase Price means part of the purchase price for the Mortgage Receivables equal to the sum of all Deferred Purchase Price Instalments.
Deferred Purchase Price means the aggregate of amounts paid to the Seller in respect of the Deferred Purchase Price pursuant to Sections 2.7(f) and 2.9(f);
Deferred Purchase Price means the amount calculated pursuant to Section 5.06 hereof.
Deferred Purchase Price means all amounts received with respect to the Transferred Receivables and Related Rights other than (i) amounts payable to the Administrative Agent (for the benefit of the Owners) and the Owners and (ii) fees, indemnities, and expenses payable hereunder (after application of amounts received from the Eligible Interest Rate Cap(s)).