Phase II Purchase Price definition

Phase II Purchase Price means an amount equal to (i) the Phase II Base Purchase Price; plus (ii) accrued interest on all Phase II Transferred Whole Loans that are Contractually Current Loans at the rate set forth on the Phase II Data Tape from and including the date immediately following the related Interest-Paid-Though Date through and including the Phase II Closing Date; plus (iii) the Applicable Seller’s share of accrued interest on all Phase II Transferred Participated Loans that are Contractually Current Loans and all Phase II Transferred Participant Loans that are Contractually Current Loans at the rate set forth in the related Participation Agreement from and including the date immediately following the related Interest-Paid-Through Date through and including the Phase II Closing Date; plus (iv) aggregate Accrued Servicing Fees on all Secondary Market Participation Loans that are Contractually Current Loans; plus (v) the Interim Phase II Servicing Fee; plus (vi) Prepaid SBA Fees; minus (vii) the Property Taxes Deduct; minus (viii) the Other Charges Deduct; minus (ix) any Prepaid Phase II Interest.
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Phase II Purchase Price and shall be due and payable in full on the Phase II Closing Date (as hereinafter defined);
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Phase II Purchase Price means the amount of the Purchase Price allocated to the Phase II Business in accordance with Section 2.8 and set forth on the Allocation Schedule.
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Examples of Phase II Purchase Price in a sentence

  • If any such audit reveals that the Client has underpaid to Disney by more than 3% of sums properly due, then the Client shall pay to Disney immediately the reasonable cost of the audit, together with the amount of the shortfall and interest thereon accruing daily at a monthly rate of two percent over the Barclays Bank plc base rate from time to time in force from the date when the sums were due until the date of actual payment.

  • The security interest will be specified in the disclosure statement under the heading “What could happen if you fail to meet your commitments”.

  • In addition to the Phase II Purchase Price, Buyer shall reimburse to Seller the Forty Eight Thousand Dollar ($48,000) credit to DEI as stipulated by Section 9(c) of the Xxxxxxxxxxxx Agreement (the “Xxxxxxxxxxxx Agreement Credit to DEI”) and all deposits paid under the terms of the Xxxxxxxxxxxx Agreement as of the Phase II Close of Escrow (the “Seller-Paid Xxxxxxxxxxxx Agreement Deposits”).

  • The Initial Deposit and First Additional Deposit in the amount of One Million Five Hundred Thousand Dollars ($1,500,000.00) held by Escrow Agent shall be allocated as follows, (i) $1,000,000.00 shall be allocated to the Phase I Purchase Price and (ii)$500,000.00 shall be applied to the portion of the Phase II Purchase Price allocated to the TOD Parcels.

  • If there were 77active adult homes in Phase II, the Phase II Purchase Price would be $6,080,020 ($7,636,860 - $1,556,840).

  • The Successor Agency is now proposing that the Phase II Purchase Price be $18,000,000, composed of the Phase II Purchase Price of $24,400,000 less the $6,400,000 payment due to the Developer required by Section 510.

  • Transfer Path, if one exists: See Transfer Path Requirement Summary for details.

  • However, if the fair market value shown in the Second Appraisal is more than the fair market value shown in the First Appraisal, the Phase II Purchase Price shall be an amount equal to the average of the fair market values shown in the First Appraisal and the Second Appraisal.

  • The Phase I Purchase Price, the Phase II Purchase Price and the Phase III Purchase Price due on the Phase I Closing Date, the Phase II Closing Date and the Phase III Closing Date, respectively, shall each be adjusted plus or minus for any amount resulting from prorations and adjustments required by the Agreement, as modified and amended by this Amendment, and shall be paid by wire transfer to the Closing Agent’s (as hereinafter defined) trust account on the applicable Closing Date.

  • It is estimated that the Phase II Purchase Price shall be approximately Two Million Eight Hundred Eighty- Five Thousand Four Hundred Fourteen Dollars ($2,885,414.00).

Related to Phase II Purchase Price

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Preliminary Purchase Price has the meaning set forth in Section 2.02.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Net Purchase Price has the meaning set forth in Section 2.1.

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

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Receivables Purchase Price The amount described in Section 2.02 of the Pooling Agreement.

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.