Examples of Replacement Price in a sentence
Replacement Price = Percentage Warranted Miles x DEALER’S current sell price.
In the event of a Seller's Deficiency Default, Seller shall pay Buyer the sum of the following: (i) an amount equal to the product of the Seller's Deficiency Quantity multiplied by the Replacement Price Differential, plus (ii) liquidated damages equal to $0.15 multiplied by Seller's Deficiency Quantity to cover Buyer's administrative and operational costs.
In the event of a Buyer's Deficiency Default, Buyer shall pay Seller the sum of the following: (i) an amount equal to the product of Buyer's Deficiency Quantity multiplied by the Replacement Price Differential, plus (ii) liquidated damages equal to $0.15 multiplied by Buyer's Deficiency Quantity to cover Seller's administrative and operational costs.
Replacement Price = Percentage Warranted kms x DEALER’S current sell price.
If 'Noteholder Representative Last Look Right' is not specified as applicable in the Counterparty Replacement Notice, then the party that has quoted the lowest Total Replacement Price in the Counterparty Auction will be deemed to have been selected as the Replacement Counterparty.