RPSA definition
Examples of RPSA in a sentence
This Note is a Seller Purchase Price Note described, and is subject to the terms and conditions set forth, in the RPSA.
The Parties agree that all the terms and conditions of the RPSA shall apply to this Agreement in respect to any matters which are not expressly herein regulated.
The Purchase Price for consideration of acquiring the Receivables has been calculated in accordance with the rules provided by the RPSA and amounts to [ ] Euros (€[ ]), which the Spanish Originator declares to have received from the Purchaser on the relevant Settlement Date.
Unless stated to the contrary or the context requires otherwise, this Agreement (including its preamble and its schedules) shall be interpreted applying the rules provided by Clause 1.2 of the RPSA.
If no Bankruptcy Proceedings are pending, the Holder shall only be entitled to exercise any subrogation rights that it may acquire (by reason of a payment or distribution to the Senior Interest Holders in respect of this RPSA Subordinated Note) to the extent that any payment arising out of the exercise of such rights would be permitted under the RLSA.
Subject to the Subordination Provisions, the Buyer promises to pay interest on the aggregate unpaid amount advanced from time to time under this RPSA Subordinated Note, from (and including) the date of advance and to (but excluding) the date of payment or prepayment, at a rate per annum equal to the Prime Rate.
TERMINATION OF PREVIOUS RPSA As of October 1, 2011, «Customer Name»’s Residential Purchase and Sales Agreement, Contract No. [xxxx], is hereby terminated and replaced by this Agreement.
Subject to the Subordination Provisions, the Buyer shall pay accrued interest on this RPSA Subordinated Note: (x) on each Settlement Date; and (y) on each other day (if any) on which any payment of principal shall be made (on the amount of principal then being paid.
Reference is hereby made to the RPSA for a statement of certain other rights and obligations of the Buyer and the Originator.
The reimbursement, indemnity and contribution obligations of such Originator under this Article shall be in addition to any liability which such Originator may otherwise have, shall extend upon the same terms and conditions to such RPSA Indemnified Party, and shall be binding upon and inure to the benefit of any successors, assigns, heirs and personal representatives of such Originator and the RPSA Indemnified Parties.