Par Purchase Price means a cash price equal to the aggregate of: (a) the outstanding principal balance of the Mortgage Loan as of the date of purchase, (b) all accrued and unpaid interest on the Mortgage Loan to, but not including, the due date immediately following the date of purchase (exclusive, however, of any portion of such accrued but unpaid interest that represents default interest), (c) all related unreimbursed servicing Advances, and (d) all accrued and unpaid interest, if any, in respect of related Advances at the Advance Rate.
Par Purchase Price. An amount (without duplication) equal to the sum of (i) the unpaid principal balance of the Mortgage Loan, (ii) accrued and unpaid interest on each Note at the related Note Interest Rate through and including the last day of the related Loan Interest Accrual Period in which the repurchase is to occur, (iii) unreimbursed Property Protection Advances and Administrative Advances and fees and amounts owed to the Servicer, the Special Servicer, the Certificate Administrator and the Trustee together with interest on such Advances, (iv) an amount equal to the sum of (A) all interest on outstanding Monthly Payment Advances on the Trust Loan and (B) all interest on outstanding Companion Loan Advances, (v) any unpaid Trust Fund Expenses and (vi) any other expenses reasonably incurred or expected to be incurred by the Servicer, Special Servicer, Certificate Administrator or Trustee arising out of the enforcement of the repurchase obligation.
Par Purchase Price means a price equal to the sum of (A) the Note Principal Balance of a Noteholder’s Note, (B) any outstanding Protective Advances made by such Noteholder, (C) any outstanding Delinquency Amounts funded by such Noteholder, plus (D) all accrued and unpaid interest at the applicable interest rate thereon through and including the date of acceleration of the Loan (and specifically excluding any late charges, default interest, yield maintenance premiums and any similar fees, premiums, exit fees and expenses).
Examples of Par Purchase Price in a sentence
The HOV restrictions on this section of the corridor were only applied on weekdays and the lane was available for use by all traffic for the remaining hours of the day.
Develop and implement the ERSEA services through monitoring and follow-up recommendations and update as needed.
Issuer/Borrower Name Tranche Maturity Par Purchase Price Purchase Proceeds Access CIG, LLC First Lien 10/17/2021 10,000,000.00 100.25 % 10,025,000.00 AF Borrower LLC (Accuvant) First Lien 1/28/2022 12,000,000.00 100.04 % 12,004,800.00 Allied Security Holdings LLC Second Lien 8/14/2021 3,600,000.00 100.29 % 3,610,440.00 Alpha Packaging Holdings, Inc.
OWL ROCK CAPITAL CORPORATION, as Seller By: Name: Title: OWL ROCK CLO I, LTD., as Purchaser By: Name: Title: Schedule A SCHEDULE OF LOAN ASSETS [see attached] ORCC Asset Purchase and Contribution May 28, 2019 Company Facility Purchased Par Purchase Price (%) Purchase Price (total $) Purchase Price (cash) Purchase Price (contribution) Material Handling 1st Lien (funded) $ 6,000,000 99.00 % 99.00 % $ 5,940,000 $ 5,940,000 $ 0 Aramsco Merger Sub, Inc.
Xxxxxxx Title: President Schedule A SCHEDULE OF LOAN ASSETS [see attached] ORCC Asset Purchase and Contribution March 9, 2023 Company Facility Type Funded Par Purchase Price (%) Purchase Price (total $) Purchase Price (contribution) Purchase Price (cash) Access CIG, LLC Initial Loan (Second Lien) Participation $ 3,750,000.00 99.50 % $ 3,731,250.00 $ 3,731,250.00 $ 0.00 AmSpec Group, Inc.
More Definitions of Par Purchase Price
Par Purchase Price. As defined in Section 3.17.
Par Purchase Price. With respect to any Mortgage Asset or Defaulted Mortgage Asset, a purchase price equal to the sum of (a) the outstanding Principal Balance of such Mortgage Asset as of the date of determination; plus (b) all accrued and unpaid interest on such Mortgage Asset at the related interest rate to but not including the date of purchase; plus (c) all Servicer fees and other compensation due and payable under the related Servicing Agreement previously allocated to such Mortgage Asset, if any; plus (d) without duplication, all unreimbursed expenses incurred by the Issuer and the Servicer in connection with and allocable to, such Mortgage Asset.
Par Purchase Price. With respect to any Mortgage Asset or Defaulted Mortgage Asset, a purchase price equal to the sum of (a) the outstanding Principal Balance of such Mortgage Asset or Defaulted Mortgage Asset, as applicable, as of the date of determination; plus (b) all accrued and unpaid interest on such Mortgage Asset or Defaulted Mortgage Asset, as applicable, at the related interest rate to but not including the date of purchase, except for any default interest; plus (c) all Servicer fees and other compensation due and payable under the related Servicing Agreement previously allocated to such Mortgage Asset or Defaulted Mortgage Asset, as applicable, if any; plus (d) without duplication, all unreimbursed expenses incurred by the Issuer and the Servicer in connection with and allocable to, such Mortgage Asset or Defaulted Mortgage Asset, as applicable.
Par Purchase Price. With respect to a Mortgage Asset, the sum of (A) the outstanding Principal Balance of such Mortgage Asset as of the date of purchase; plus (B) all accrued and unpaid interest on such Mortgage Asset at the related interest rate to but not including the date of purchase; plus (C) all related unreimbursed Servicing Advances and accrued and unpaid interest on such Servicing Advances at the Servicing Advance Rate, plus (D) all Special Servicing Fees and either workout fees or liquidation fees (but not both) allocable to such Mortgage Asset (other than to the extent any such fees are waived by the Special Servicer); plus (E) all unreimbursed expenses incurred by the Issuer (and if applicable, the Seller), the Servicer and the Special Servicer in connection with such Mortgage Asset.
Par Purchase Price means the aggregate amount of the following (without duplication): (i) the outstanding principal amount of the Mortgage Loan, (ii) all accrued and unpaid interest on such outstanding principal amount (including, without limitation, any default interest), (ii) all late charges, prepayment fees or prepayment premiums, and yield maintenance premiums due under the Mortgage Loan Documents, (iii) any unreimbursed Protective Advances, together with interest thereon at the Reimbursement Rate, (iv) all costs and expenses incurred by or behalf of the Holders in enforcing the Mortgage Loan Documents (including, without limitation, reasonable legal fees and expenses) and (v) all other amounts due under the Mortgage Loan Documents; provided, however, that in the event that the Mortgaged Property is REO Property, the Par Purchase Price shall be equal to the greater of (x) the fair market value of such REO Property, based upon a recent appraisal meeting the criteria for a Required Appraisal, and (y) the aggregate amounts described in the preceding clauses (i), (ii), (iii), (iv) and (v).
Par Purchase Price. As defined in Section 3.17. “Pari Passu Participation”: A fully funded pari passu participation interest in a Mortgage Loan or a Combined Loan. “Participated Loan”: Any Mortgage Loan or Combined Loan in which a Pari Passu Participation represents an interest. “Participation”: As defined in the Indenture. “Participation A-2 Holder”: As defined in the related Participation Agreement. “Participation Agent”: With respect to any Participated Loan that is a Non-CLO Custody Collateral Interest, the party designated as such under the related Participation Agreement. “Participation Agent Fee”: With respect to each Participated Loan that is a Non- CLO Custody Collateral Interest, the sum of $250 per month. “Participation Agreement”: With respect to each Participated Loan, the participation agreement that governs the rights and obligations of the holders of the related Pari Passu Participation, the related Future Funding Companion Participation and, if applicable, the Related Funded Companion Participation. “Participation Holder Register”: Shall have the meaning ascribed it in Section 3.25(b) hereof. “Patewood Repurchase Event”: As defined in the Indenture. 00000000.00.
Par Purchase Price. The meaning specified in Section 12.1(b) hereof.