Funded Purchase Price definition

Funded Purchase Price means, with respect to any Transaction entered into (or proposed to be entered into) on any Purchase Date, the excess of (a) Purchase Price for such Transaction over (y) the amount of Repurchase Price under the Transaction (if any) whose Repurchase Date coincides with such Purchase Date which is netted against such Purchase Price in accordance with Paragraph 12 of the Master Repurchase Agreement (any such netting being subject to Paragraph 12 of Annex I to the Master Repurchase Agreement).

Funded Purchase Price means, with respect to any Transactions entered into (or proposed to be entered into) under the Master Repurchase Agreement on any Purchase Date, the excess, if any, of (a) the sum of the Purchase Prices for such Transactions over (b) the sum of the Repurchase Prices under any Transactions previously entered into under the Master Repurchase Agreement whose Repurchase Dates coincide with such Purchase Date, excluding any portion of such Repurchase Prices which are not permitted to be netted against Purchase Prices for subsequent Transactions entered into on such Purchase Date in accordance with Paragraph 12 Annex I to the Master Repurchase Agreement.

Funded Purchase Price means, with respect to any Transaction entered into (or proposed to be entered into) on any Purchase Date, the excess of (x) Purchase Price for such Transaction over (y) the amount of Repurchase Price under the Transaction (if any) whose Repurchase Date coincides with such Purchase Date which is netted against such Purchase Price in accordance with Paragraph 12 of the Master Repurchase Agreement (any such netting being subject to Paragraph 12 of Annex I to the Master Repurchase Agreement).

Examples of Funded Purchase Price in a sentence

• The closing of such Transaction and payment of such Funded Purchase Price shall occur at 12:00 noon on the Purchase Date (or such later time on such Purchase Date as Agent may determine with the consent of Seller (such consent not to be unreasonably withheld for so long as the Funded Purchase Price is received for value on such Purchase Date)).

• Concurrently with its delivery of such Confirmation, Buyer shall pay the Funded Purchase Price (if any) for the Transaction in accordance Section 7.1 hereof and the terms of the Master Repurchase Agreement and such Confirmation, whereupon Seller will sell and assign, and Buyer will purchase, the Seller Receivables subject to such Transaction.

• The closing of such Transaction and payment of such Funded Purchase Price shall occur at 12:00 noon on the Purchase Date (or such later time on such Purchase Date as Agent may determine with the consent of Seller (such consent not to be unreasonably withheld for so long as the Funded Purchase Price is received for value on such Purchase Date)).(c) Advance Payment of Funded Purchase Price .

• On the date of each Funded Purchase, each Conduit Purchaser or each Committed Purchaser, as applicable, shall, upon satisfaction of the applicable conditions set forth herein (including in Article V), make available to Seller, the Funded Purchase Price of its Funded Purchase in immediately available funds, at the account as designated from time to time by Seller in a written notice to Agent and each Purchaser Agent.

• The closing of such Transaction and payment of any such Funded Purchase Price shall occur at or before 2:00 p.m. on the applicable Purchase Date (or such later time on such Purchase Date as Seller and Buyer may agree).

More Definitions of Funded Purchase Price

Funded Purchase Price means the amount as set forth in Annex 1 hereto.

Funded Purchase Price means, with respect to any Transaction entered into (or proposed to be entered into) on any Purchase Date, the excess of

Funded Purchase Price means that portion of the Term Loan funded by the Lender as provided in Section 4.4(iii) to be applied to the purchase price for Xxxxx. “GAAP” shall have the meaning ascribed to such term in Section 3.1(f) hereof. “Xxxx” shall mean Xxxx Tank Trucks, Inc. “Xxxx Sellers” shall mean Xxxxxxx Xxxxxxx Xxxx, Xxxx Xxxx Xxxxxxx, Xxxx Xxxxxx Xxxxx, Xxxxxx Xxxx Xxxxxx and Xxxx Xxxx Xxxxx. “Guaranties” means those certain Guaranty Agreements in the form of Exhibits E-1 and E-2 hereto given by each of the Guarantors. “Guarantor Shares” means the shares of Common Stock and Preferred Stock pledged

Funded Purchase Price means $10,515,445.88.

Funded Purchase Price means, as of any date for any Transaction, the excess, if any, of (i) the sum of the Funded Portions for such Transaction for all Payments Dates for such Transaction occurring prior to such date over (ii) the sum of the Refunded Portions for such Transaction for all Refund Dates for such Transaction occurring prior to such date.

Funded Purchase Price means, with respect to any Transaction entered into (or proposed to be entered into) on any Purchase Date, the excess of (a) the Purchase Price for such Transaction over (b) the amount of Repurchase Price under any Transaction whose Repurchase Date coincides with such Purchase Date which is netted against such Purchase Price in accordance with Paragraph 12 of the Master Repurchase Agreement (any such netting being subject to Paragraph 12 of Annex I to the Master Repurchase Agreement). “Funded Repurchase Price” means, with respect to any Transaction expiring on any Repurchase Date, the excess of (a) the Repurchase Price for such Transaction over (b) the amount of any Purchase Price under any other Transaction whose Purchase Date coincides with such Repurchase Date which is netted against such Repurchase Price in accordance with Paragraph 12 of the Master Repurchase Agreement (any such netting being subject to Paragraph 12 of Annex I to the Master Repurchase Agreement). “Funding Amount” means, with respect to any Buyer in connection with any Transaction, an amount equal to the excess, if any of (x) such Buyer’s Individual Participation Amount in connection with such Transaction as of the applicable Purchase Date over (y) such Buyer’s Individual Buyer Balance immediately prior to such Purchase Date. “Funding Conditions” has the meaning set forth in Section 4.3(a). “Funding Notice” has the meaning set forth in Section 4.2(a). “GAAP” means generally accepted accounting principles as applied in the United States. “Goods” means any products or any other goods that are the subject of any of the Contracts and that give rise to any Receivables. “Governmental Authority” means any federal, state, local or foreign government or political subdivision thereof, or any agency or instrumentality of such government or political subdivision, or any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supranational bodies such as the European Union or the European Central Bank). “Governmental Order” means any order, writ, judgment, injunction, decree, stipulation, determination or award entered by or with any Governmental Authority. “Guarantor” means The Scotts Miracle-Gro Company, an Ohio corporation. “Guaranty” means that certain Guaranty, dated as of the Effective Date, executed by Guarantor i...

Funded Purchase Price means $11,228,648.95.