Fronting Purchase Price definition
Fronting Purchase Price means, with respect to any Fronting Settlement Date, an amount equal to (i) the aggregate principal balance of the Related Fronted Class B Advances calculated as of the related Fronting Settlement Determination Date plus (ii) the Fronting Fee related to the Related Fronted Class B Advances.
Examples of Fronting Purchase Price in a sentence
On each Fronting Settlement Determination Date, the Fronting Lender shall deliver a report setting forth the Fronting Purchase Price with respect to the related Fronting Settlement Date and the calculations related thereto (the “Fronting Settlement Report”).