Minimum Bid Price shall have the meaning set forth in Section 7.2(j) of this Agreement.
Minimum Bid Price. An amount equal to the sum of (i) the aggregate unpaid principal balance of the Mortgage Loans plus any accrued and unpaid interest thereon from the date as to which interest was last paid to (but not including) the date of purchase, calculated at the Mortgage Rate thereon, (ii) the fair market value of all other property of the Trust Fund as determined by a third party appraisal (on all property other than cash) which appraisal may be relied upon by the Trustee, (iii) any unpaid Servicing Advances, fees and expenses of the Master Servicer, the Servicers, the Trustee and any Pool PMI Insurer (including indemnities), (iv) the amount of any costs and damages incurred by the Trust Fund as a result of any violation of any predatory or abusive lending law arising from or in connection with the origination of such Mortgage Loan and (v) the Class A-IO Termination Amount.
Minimum Bid Price. The greater of (a) the sum of (1) the total unpaid principal balance of the Mortgage Loans (other than Liquidated Mortgage Loans), (2) interest accrued and unpaid on the Mortgage Loans, (3) any unreimbursed Advances, fees and expenses of the Master Servicer, the Servicers, the Securities Administrator and the Trustee and (4) with respect to any REO Property, the balance of the related Mortgage Loan at the time the related Mortgaged Property became REO Property, and (b) the sum of (1) the aggregate unpaid Certificate Principal Balance of the then-outstanding Certificates, (2) interest accrued and unpaid on the Certificates and (3) any unreimbursed Servicing Advances, fees and expenses of the Master Servicer, the Servicers, the Securities Administrator and the Trustee.
Examples of Minimum Bid Price in a sentence
Bidder may increase, but not decrease, preprinted price on line items stating "Minimum Bid Price" in the description on the Bid Form by crossing out the minimum and inserting revised price on the line above.
The Minimum Bid Price for Daily Bids may not be set by Operator at a price greater than 115% of the Base T1 Tariff as defined in the Standard Shipper Contract published by Operator on its nominated website from time to time applying on the relevant Day.
Operator may set a minimum bid price (“Minimum Bid Price”) for Daily Bids and is not obliged to allocate Spot Capacity to any shipper bidding a Daily Spot Bid Price which is less than the Minimum Bid Price.
Summary The discussion will be completely anonymous both on an individual and a business level.
The Trustee (or an agent thereof) shall sell all of the property of the Trust Fund to the highest bidder; provided, that (i) the sale price shall not be less than the Minimum Bid Price and (ii) the Trustee shall have received bids from no fewer than three prospective purchasers.
More Definitions of Minimum Bid Price
Minimum Bid Price means the price below which a bid price will not be accepted, whether or not all of the Securities offered in an Auction have been sold.
Minimum Bid Price. An amount equal to the greater of (A) the sum of (i) the aggregate unpaid principal balance of the Mortgage Loans plus any accrued and unpaid interest thereon from the date as to which interest was last paid to (but not including) the date of purchase, calculated at the Mortgage Rate thereon, (ii) the fair market value of all other property of the Trust Fund as determined by a third party appraisal (on all property other than cash) which appraisal may be relied upon by the Trustee, (iii) any unpaid Servicing Advances, fees and expenses of the Master Servicer, the Servicers, the Trustee and any Pool PMI Insurer (including indemnities), (iv) the amount of any costs and damages incurred by the Trust Fund as a result of any violation of any predatory or abusive lending law arising from or in connection with the origination of such Mortgage Loan and (v) the Class [A-IO] Termination Amount and (B) the sum of (i) the aggregate Class Principal Balance of the Certificates, (ii) interest accrued and unpaid on the Certificates, (iii) any Unpaid Basis Risk Shortfalls and Deferred Principal Amounts with respect to the Certificates, (iv) any unpaid Servicing Advances, fees and expenses of the Master Servicer, the Servicers, the Trustee and any Pool PMI Insurer (including indemnities), (v) the amount of any costs and damages incurred by the Trust Fund as a result of any violation of any predatory or abusive lending law arising from or in connection with the origination of such Mortgage Loan and (vi) the Class [A-IO] Termination Amount.
Minimum Bid Price. With respect to any auction of the Mortgage Loans and any REO Properties pursuant to Section 9.04, the sum of (i) the Termination Price that would be payable by the NIM Insurer if the Optional Termination were exercised in the following calendar month pursuant to Section 9.01 and (ii) all reasonable fees and expenses incurred by the Trustee in connection with any auction conducted pursuant to Section 9.04; provided, however, that if in connection with any auction administered hereunder the Directing Certificateholder elects to pay the amount of any difference between such Minimum Bid Price and such lesser amount that is the highest bid submitted by a Qualified Bidder, then the Minimum Bid Price shall mean the highest bid submitted by a Qualified Bidder.
Minimum Bid Price means the lower of such price per Token denominated in an Accepted Digital Currency equivalent of (a) the Current Clearing Price or (b) the Starting Bid Price calculated based on the Applicable Exchange Rate.
Minimum Bid Price. As defined in Section 10.01 hereof.
Minimum Bid Price has the meaning assigned to such term in Section 4(c).
Minimum Bid Price. An amount equal to (1) the aggregate Class Certificate Balance of the Certificates, (2) interest accrued and unpaid on the Certificates and (3) any unreimbursed Advances, Servicing Advances, fees and expenses of the Master Servicer and the Trustee (including any expenses related to any auctions).