Purchase Price Decrease definition
Purchase Price Decrease means a reduction in the outstanding Purchase Price for Purchased Loans without a termination of a Transaction or portion thereof as described in Section 3.4(c).
Purchase Price Decrease means a decrease in the Purchase Price in connection with (a) the removal of an Underlying Mortgage Loan allocated to the Participation Interest, or (b) the removal of an Underlying REO Property from the REO Subsidiary.
Purchase Price Decrease means a decrease in the Purchase Price for the Purchased Certificates, based upon the amount of any cash transferred by the Sellers to Buyer applied to reduce the Sellers’ obligations in accordance with Section 4 hereof or pursuant to Section 6 hereof.
Examples of Purchase Price Decrease in a sentence
Such Seller shall remit or cause to be remitted to Buyer the Allocated Purchase Price in connection with such Purchase Price Decrease in accordance with Buyer’s wire instructions not later than 3:00 p.m. on the Purchase Price Decrease Date.
Notwithstanding any provision to the contrary contained elsewhere in any Repurchase Document, at any time during the existence of an uncured Default or Event of Default, the related Seller may not effect a Purchase Price Decrease with respect to any Underlying Asset without Buyer’s written consent.
More Definitions of Purchase Price Decrease
Purchase Price Decrease means a decrease in the Purchase Price for a Purchased Asset related to the removal of a Mezzanine Loan from the Mezzanine Loan Subsidiary, and the decrease in value of the Mezzanine Loan Subsidiary Interests related thereto.
Purchase Price Decrease shall have the meaning set forth in Section 2.05(c)(iv).
Purchase Price Decrease shall have the meaning specified in Section 3(d)(iii).
Purchase Price Decrease. A decrease in the Purchase Price for any Purchased Asset equal to the amount of the Allocated Purchase Price of any Underlying Assets in connection with the release of such Underlying Assets from Transactions hereunder as a result of the sale or conveyance of such Underlying Assets by the related Master Series Trust to a party other than Buyer or another Master Series Trust.
Purchase Price Decrease means a decrease in the Purchase Price by an amount equal to the related Purchase Price of any Underlying Mortgage Loan that is removed in accordance with this Agreement.
Purchase Price Decrease has the meaning set forth in Section 3.2(d)(ii).
Purchase Price Decrease means a decrease in the Purchase Price for the Purchased Certificate, based upon the amount of any cash transferred by the Seller to Buyer applied to reduce the Seller’s obligations in accordance with Section 4 hereof or pursuant to Section 6 hereof.