Repurchase Limit definition

Repurchase Limit has the meaning set forth in Section 4.09(d)(6).
Sample 1
Repurchase Limit means 10% of the Number of Grower’s Plots sold; provided that in each case the Repurchase Limit is rounded up or down to the closest whole number of Grower’s Plots;
Sample 1
Repurchase Limit means $300,000,000.
Sample 1

Examples of Repurchase Limit in a sentence

  • STaRS will automatically calculate your Estimated Repurchase Limit (ERL).

  • Once the Net Repurchase Limit has been reached in a Program Year, Seller agrees to use its best efforts to remarket any additional repossessed Inventory on behalf of Red Iron on a non-discriminatory, non-priority basis for an amount not less than the outstanding balance (including accrued but unpaid interest) remaining due Red Iron on such Inventory.

  • Other federal, state, and local agency requirements will impact when construction activities are allowed on specific lengths of the shared- use path.

  • The Repurchase Limit, as of any date and with respect to the Purchased Receivables purchased on such Purchase Date, shall be the sum of (i) the amount obtained by multiplying the co-insurance percentage under the Insurance Policy by the Net Invoice Amount of all the Purchased Receivables purchased hereunder on such date and (ii) the Deductible Limit under the Insurance Policy as of such date.

  • The Servicer shall be obligated to make a Monthly Advance only to the extent that the aggregate amount of all Monthly Advances (after giving effect to such Monthly Advance) would not exceed the excess, if any, of the Defaulted Contracts Repurchase Limit over the aggregate amount of Recognized Losses as of such date.

  • In addition to other permitted uses of Revolving Loan advances set forth in the Loan Agreement, Revolving Loan advances of up to the Repurchase Limit (as hereinafter defined) may be used by Borrower to repurchase Borrower's 10-1/4% Senior Unsecured Notes, provided that after giving effect to any such repurchase Availability shall not be less than $5,000,000.

  • In the last chapter of the book, there is a dual-track analysis: the authors aim to investigate the employee representation first from the perspective referred to as ‘traditional’ (which means, essentially, neo-classical approach), although it is treated rather critically and superficially.

  • The foregoing Net Repurchase Limit shall not relieve Seller or its affiliates from (i) any obligation to repurchase or otherwise acquire any Inventory pursuant to any separate agreement between Seller or an affiliate of Seller and any Distributor or (ii) any other recourse obligation Seller or an affiliate of Seller may have to Red Iron (including the recourse described in Sections 2(c), 2(e) and 3(i) hereof).

  • If an Invoice for an extended service contract is not paid when due, then Red Iron shall have the benefit of recourse to Seller with respect to such Invoice on such terms as Red Iron and Seller shall mutually agree from time to time.4. N et Repurchase Limit; Remarketing.

  • If the Holders exercise the Optional Repurchase Right with respect to an aggregate principal amount of Notes in excess of the Optional Repurchase Limit, the Trustee will select the particular Notes to be repurchased pursuant to the methods set forth in Section 1102.


More Definitions of Repurchase Limit

Repurchase Limit as defined in subsection 8.9.
Sample 1
Repurchase Limit means $15,000,000 through but not including the date on which the Special Advance Condition specified in Section 2 hereof has been met, and $20,000,000 thereafter.
Sample 1
Repurchase Limit as of any date, five percent (5%) of the Net Invoice ---------------- Amount of all the Purchased Receivables purchased hereunder through such date.
Sample 1
Repurchase Limit means $150,000,000, provided that, for periods after December 31, 2003, the Repurchase Limit shall be increased as follows: if the Borrower delivers a certificate of the chief financial officer of the Borrower in form and substance reasonably satisfactory to the Administrative Agent certifying that, based on the most recent financial statements delivered pursuant to Section 5.06(a) or 5.06(b), as appropriate, and after giving effect to the aggregate amount of the Borrower's proposed redemptions, repurchases or special dividends on a pro forma basis (including any Group Debt incurred in connection therewith), the Leverage Ratio is less than 2.00 to 1.00, the Repurchase Limit shall be increased by the amount of such proposed redemption, repurchase or special dividend included in such pro forma calculation, except that the Repurchase Limit shall in no event exceed $200,000,000. Notwithstanding the foregoing, if the Leverage Ratio exceeds 2.00 to 1.00 at any time after the Repurchase Limit has been increased beyond $150,000,000, then until the Leverage Ratio shall again be less than 2.00 to 1.00, the Repurchase Limit shall equal the greater of (a) $150,000,000 or (b) the aggregate amount as of such date of reporting of special dividends on, and redemptions and repurchases of, capital stock of the Borrower made from and after the date hereof but prior to such date of reporting. In no event shall the Repurchase Limit exceed $200,000,000.
Sample 1

Related to Repurchase Limit

  • Purchase Limit means $100,000,000, as such amount may be reduced pursuant to Section 2.01(b). References to the unused portion of the Purchase Limit shall mean, at any time, the Purchase Limit, as then reduced pursuant to Section 2.01(b), minus the then outstanding Capital of Receivable Interests under this Agreement.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Dose limits means the permissible upper bounds of radiation doses established in accordance with these rules. For purposes of these rules, “limits” is an equivalent term.

  • Expense Limit means the percentage of a Fund’s average annual net assets (on an annualized basis) set forth below. The current expense limitation agreement expires on the date specified, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. Fund Limit on Other Expenses Expiration Date of Expense Limit Greater China Opportunities Fund 0.30% February 28, 2017 Value Equity Fund1 0.04% February 28, 2018 1 At the June 20-23, 2016 meeting of the Board of Trustees of the Trusts, the Adviser notified the Board of, and the Board approved, the contractual limit on other expenses (0.04%) for Value Equity Fund with an expiration date of February 28, 2018, effective July 1, 2016. APPENDIX G Fund Level Contractual Investment Management Fee Waivers The Adviser agrees to limit Jxxx Hxxxxxx Money Market Fund’s management fee to a maximum annual rate of 0.40% of the Fund’s average daily net assets. The limitation will continue until at least July 31, 2017.* * At the March 8-10, 2016 meeting of the Board of Trustees of the Trusts, the Adviser notified the Board of, and the Board approved, the extension of the expiration date (to July 31, 2017) of the management fee limitation, effective upon the current expiration date of July 31, 2016. The Adviser agrees to limit Jxxx Hxxxxxx Value Equity Fund’s management fee to a maximum annual rate of 0.66% of the Fund’s average daily net assets. The limitation will continue until at least February 28, 2018.* * At the June 20-23, 2016 meeting of the Board of Trustees of the Trusts, the Adviser notified the Board of, and the Board approved, the lowering of the advisory fee cap (to 0.66%) and the extension of the expiration date (to February 28, 2018) of the management fee limitation, each effective July 1, 2016. The Adviser agrees to limit Jxxx Hxxxxxx Government Income Fund’s management fee to a maximum annual rate of 0.53% of the Fund’s average daily net assets. The limitation will continue until at least September 30, 2017.* * At the June 20-23, 2016 meeting of the Board of Trustees of the Trusts, the Adviser notified the Board of, and the Board approved, the extension of the expiration date (to September 30, 2017) of the management fee limitation, effective upon the current expiration date of September 30, 2016. The Adviser agrees to reduce Jxxx Xxxxxxx Xxxx Fund’s management fee by an annual rate of 0.05% of the Fund’s average daily net assets. The reduction will continue until at least September 30, 2017.* * At the June 20-23, 2016 meeting of the Board of Trustees of the Trusts, the Adviser notified the Board of, and the Board approved, the extension of the expiration date (to September 30, 2017) of the advisory fee waiver, effective upon the current expiration date of September 30, 2016. The Adviser agrees to reduce Jxxx Hxxxxxx Enduring Assets Fund’s management fee by an annual rate of 0.20% of the Fund’s average daily net assets. The reduction will continue until at least February 28, 2018.* * At the June 20-23, 2016 meeting of the Board of Trustees of the Trusts, the Adviser notified the Board of, and the Board approved, the advisory fee waiver (0.20%) for Jxxx Hxxxxxx Enduring Assets Fund with an expiration date of February 28, 2018, effective July 1, 2016.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Make-Whole Redemption Amount means the sum of:

  • Repurchase Event means the occurrence of a breach of any of the Seller’s representations and warranties in Section 3.1(a) or any other event which requires the repurchase of a Receivable by the Seller, under the Sale and Servicing Agreement.

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Repurchase As defined in Section 2.03(a) of this Agreement.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Change of Control Redemption Premium means 125%.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Maximum Daily Redemption Limit means a maximum limit (if applicable) on the redemption number of ETP Securities of a Series on any Optional Redemption Pricing Date, as may be amended by the Margin Loan Provider from time to time in accordance with the terms of the LS Margin Account Agreement and the LS Operating Procedures Agreement.