Disposition Price definition
Examples of Disposition Price in a sentence
Not later than 11:00 a.m. (New York City time) on the related Payment Date the Servicer shall remit to the Collection Account the aggregate Optional Disposition Price for Receivables on such Payment Date pursuant to Section 16.02 of the Trust Agreement.
On any Optional Disposition Date, any Holder of Class A Certificates (other than Affected Certificates or Pledged Class A Certificates), which has held such Class A Certificates for at least one year, may tender any of its Class A Certificates for a price equal to the Optional Disposition Price.
To tender its Class A Certificates, the Holder must submit a notice to the Administrator and its DTC Participant at least five (5) Business Days before the related Optional Disposition Date stating that such Holder is the Holder of a specified Current Certificate Balance of Class A Certificates, that it is exercising its right to tender such Class A Certificates in exchange for the Optional Disposition Price and its identity.
Such Holders of Class A Certificates will be paid the Optional Disposition Price for such Class A Certificates consisting of the Purchase Price of such Certificates and the related Hypothetical Gain Share.
Contractor is an independent contractor, and nothing contained herein shall be construed as constituting any relationship with Owner other than that of owner and independent contractor, except as expressly provided in this Agreement pursuant to which Owner appoints Contractor as Owner's agent, or as creating any relationship whatsoever between Owner and Contractor's employees.
Citrix and RMT Parent shall jointly determine the “Aggregate Deemed Asset Disposition Price” and the “Adjusted Grossed-Up Basis” (each as defined under applicable Treasury Regulations) and the allocation of such Aggregate Deemed Asset Disposition Price and Adjusted Grossed-Up Basis among the disposition date assets of SpinCo and its Subsidiaries, each in accordance with the applicable provisions of Section 336(e) of the Code and applicable Treasury Regulations (the “Section 336(e) Allocation Statement”).
The Disposition Price shall be paid by the Parent to the Holder by wire transfer of immediately available funds within two (2) business days of the date of the Notice of Conversion.
Upon the close of escrow the Escrow Agent shall file the deed(s) for recordation among the land records in the Office of the County Recorder of Los Angeles County; shall deliver the Disposition Price to the Agency; and shall deliver to the Redeveloper a title insurance policy insuring title in conformity with Section 209 of this Agreement.
However, in the event that the Developer seeks to sell the Property prior to the expiration of the Ownership Period, then the Developer shall pay an "Disposition Price" to the Agency upon the close of escrow of such sale in the amount set forth in Exhibit "B" of the Grant Deed which is attached hereto and fully incorporated herein by this reference as Attachment No. 6.
The Class A Certificates may be tendered at a price equal to the Optional Disposition Price on any Optional Disposition Date, in accordance with the following provisions.