Maximum Purchase Price definition

Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

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Maximum Purchase Price. The meaning given to such term in Section 4.01(b).

Maximum Purchase Price means an amount equal to $175,000,000 minus the aggregate outstanding Purchase Price under the Series 2021-PIAVF1 Repurchase Agreement and the Series 2021-SAVF1 Repurchase Agreement.

Examples of Maximum Purchase Price in a sentence

• Subject to the terms and conditions hereof, Buyers severally, not jointly, agree to enter into Transactions with Seller for a Purchase Price outstanding at any one time not to exceed the Aggregate Committed Amount; however, the Buyers may agree from time to time to enter into Transactions with Seller for a Purchase Price outstanding in excess of the Aggregate Committed Amount but not to exceed the Maximum Purchase Price.

• The Purchase Price of a Single Family Residence shall not exceed the Maximum Purchase Price for the applicable Program published by the Authority as part of the Program Manual.

• Subject to the terms and conditions hereof, prior to the Termination Date, Buyer may enter into Transactions with Seller for a Purchase Price outstanding at any one time not to exceed the lesser of (i) the Maximum Purchase Price and (ii) the Asset Value.

• The Initial Closing Date shall occur on the date which is the first Trading Day after each of the conditions contemplated by Sections 7 and 8 hereof shall have either been satisfied or been waived by the party in whose favor such conditions run; provided, however, that, at the option of the Finder, the Initial Closing Date may be deferred to allow for additional subscriptions (up to the Maximum Purchase Price) to be included in the transactions effected on the Initial Closing Date.

• The aggregate Purchase Price of Purchased Mortgage Loans subject to outstanding Transactions shall not exceed the Maximum Purchase Price.

More Definitions of Maximum Purchase Price

Maximum Purchase Price means $500,000,000.

Maximum Purchase Price means, with respect to any Purchased Asset on any date, an amount (expressed in Dollars) equal to the product obtained by multiplying the applicable Purchase Price Percentage set forth in the related Confirmation, by the lesser of (x) the unpaid principal balance of such Purchased Asset and (y) the Market Value of such Purchased Asset, provided that, for any Purchased Asset that is comprised of a Mortgage Loan and a related Mezzanine Loan, the Maximum Purchase Price shall not exceed the unpaid principal balance of the Mortgage Loan.

Maximum Purchase Price and “Termination Date” in their entirety and replacing them with the following:

Maximum Purchase Price means, with respect to any Purchased Asset, an amount (expressed in the Applicable Currency) equal to the product obtained by multiplying (i) the Market Value of such Purchased Asset (or the par amount of such Purchased Asset, if lower than Market Value) as of the Purchase Date by (ii) the Maximum Advance Rate permitted for such Purchased Asset as set forth in this Agreement.

Maximum Purchase Price means the maximum purchase price amounts permitted for the Program, respectively, for (i) residences not previously occupied (“new residences”), and (ii) residences previously occupied (“existing residences”), for the metropolitan statistical areas (MSAs) and all other areas of the State specified in the Program Manual.

Maximum Purchase Price. With respect to any Purchased Asset, the amount equal to the Applicable Percentage for such Purchased Asset multiplied by the lower of (a) the Market Value of such Purchased Asset, and (b) the par amount of such Purchased Asset, as such amount may be increased, without duplication, by any additional principal amounts advanced by Seller to the related Underlying Obligor pursuant to the related Mortgage Loan Documents, and as may be reduced, (without duplication) by any principal payment (to the extent not reflected in either the Market Value or par amount of such Purchased Asset), and as may be reduced pursuant to Section 3.10(b).

Maximum Purchase Price shall have the meaning specified in the Fee Letter.