Pricing Confirmation definition
Examples of Pricing Confirmation in a sentence
If no Latest Issue Date is specified in this MBS Pricing Confirmation, then (a) if there is a change to the Guaranty Fee applicable to the next Conversion Period, a revised MBS Pricing Confirmation for this Contract will be sent to Lender; or (b) if there is no change to the Guaranty Fee, this MBS Pricing Confirmation will remain in effect until the expiration of the next Conversion Period, when the Guaranty Fee will again be subject to change upon agreement of the parties.
All Preferred Interests are issued and sold by Issuer and purchased by Purchaser pursuant to this Agreement in reliance on the fact that this Agreement, the Pricing Confirmation and all Preferred Interests issued hereunder form a single agreement between the parties, and the parties would not otherwise issue and sell or purchase any Preferred Interests.
Eligible Products: 10- and 15-year fixed-rate level-payment mortgages Earliest and Latest Issue Dates for Pools formed under this Contract: N/A * Guaranty Fee: 13.00 Basis Points Buyup/Buydown Grid: Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.) * If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion.
Pricing and payment terms are described in a separate Pricing Confirmation Letter.
The net proceeds of sale of the related Note Participations set forth in the Pricing Confirmation shall be deposited in the amount indicated in the Pricing Confirmation under the heading “Deposit to Note Proceeds Account” which shall be held by the Trustee for the District and the remainder shall be deposited in the Costs of Issuance Fund held thereunder.
By: Authorized Representative Print Name of Person Signing IN WITNESS WHEREOF, the Note Participation Purchase Agreement is agreed to, and the Pricing Confirmation appearing as Exhibit C is accepted, all on the Purchase Date set forth above.
Buyup/Buydown Grid: Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.) * If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion.
Eligible Products: 20-year fixed-rate level-payment mortgages Earliest and Latest Issue Dates for Pools formed under this Contract: N/A * Guaranty Fee: 14.00 Basis Points Buyup/Buydown Grid: Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.) * If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion.
Eligible Products: 10, 15 year fixed-rate level-payment mortgages Earliest and Latest Issue Dates for Pools formed under this Contract: N/ A * Guaranty Fee: 24.50 Basis Points Buyup/Buydown Grid: Early (See additional terms in the MBS Guaranty Fee and Buyup/Buydown Information in the Preamble section.) * If no Earliest and Latest Issue Dates are specified in this MBS Pricing Confirmation, the above Guaranty Fee only applies to the Conversion Period according to the current Master Conversion.
The Local Agency Obligations shall bear interest at the interest rates per annum set forth in the Pricing Confirmation, which are hereby agreed to by the Local Agency by its duly authorized representative executing this Purchase Agreement on behalf of the Local Agency.