Purchase Price. The Purchase Price for each Mortgage Loan shall be the percentage of par as stated in the related Purchase Price and Terms Agreement (subject to adjustment as provided therein), multiplied by the aggregate principal balance, as of the related Cut-off Date, of the Mortgage Loans listed on the related Mortgage Loan Schedule, after application of scheduled payments of principal due on or before the related Cut-off Date, but only to the extent such payments were actually received. The initial principal amount of the related Mortgage Loans shall be the aggregate principal balance of the Mortgage Loans, so computed as of the related Cut-off Date. If so provided in the related Purchase Price and Terms Agreement, portions of the Mortgage Loans shall be priced separately. In addition to the Purchase Price as described above, the Purchaser shall pay to the Seller, at closing, accrued interest on the current principal amount of the related Mortgage Loans as of the related Cut-off Date at the weighted average Mortgage Interest Rate of those Mortgage Loans. The Purchase Price plus accrued interest as set forth in the preceding paragraph shall be paid to the Seller by wire transfer of immediately available funds to an account designated by the Seller in writing.
Purchase Price. The purchase price (“Purchase Price”) for the Shares purchased by the Company or its assignee(s) under this Section 5 shall be the Offered Price. If the Offered Price includes consideration other than cash, the cash equivalent value of the non-cash consideration shall be determined by the Board of Directors of the Company in good faith.
Purchase Price. The Purchase Price for each Class of the Offered Certificates shall be the Class Purchase Price Percentage therefor (as set forth in Section 2(a) above) of the initial Class Certificates Principal Balance thereof plus accrued interest at the rate of [ ]% per annum from and including the Cut-off Date up to, but not including, _________ __, ____ (the "Closing Date").
Purchase Price. The purchase price payable by the Underwriters for the Notes covered by this Agreement will be % of the principal amount of Notes to be issued.
Purchase Price. 1 1.3 The Closing......................................................2
Purchase Price. The Purchase Price for each Mortgage Loan shall be the percentage of par as stated in the related Purchase Price and Terms Letter (subject to adjustment as provided therein) or the UBS Website, multiplied by the aggregate Stated Principal Balance, as of the applicable Cut-off Date, of the Mortgage Loans listed on the related Mortgage Loan Schedule or the UBS Website, after application of scheduled payments of principal due on or before the applicable Cut-off Date, whether or not collected. If so provided in the related Purchase Price and Terms Letter or the UBS Website, portions of the Mortgage Loans shall be priced separately. In addition to the Purchase Price as described above, the Purchaser shall pay to the Seller, at closing, accrued interest on the current Stated Principal Balance of the respective pool of Mortgage Loans, as of the applicable Cut-off Date at the weighted average Mortgage Loan Remittance Rate from such Cut-off Date through the day prior to the related Closing Date, inclusive. The Purchase Price plus accrued interest as set forth in the preceding paragraph shall be paid on the applicable Closing Date by wire transfer of immediately available funds. The Purchaser shall be entitled to (1) all scheduled principal due after the applicable Cut-off Date, (2) all other recoveries of principal collected on or after such Cut-off Date (provided, however, that all scheduled payments of principal due on or before such Cut-off Date and collected by the Seller or any successor servicer after such Cut-off Date shall belong to the Seller), and (3) all payments of interest on the Mortgage Loans net of applicable Servicing Fees and LPMI Rates, if applicable (minus that portion of any such payment which is allocable to the period prior to the applicable Cut-off Date). The outstanding principal balance of each Mortgage Loan as of the applicable Cut-off Date is determined after application of payments of principal due on or before such Cut-off Date whether or not collected, together with any unscheduled principal prepayments collected prior to such Cut-off Date; provided, however, that payments of scheduled principal and interest prepaid for a Due Date beyond the applicable Cut-off Date shall not be applied to the principal balance as of such Cut-off Date. Such prepaid amounts shall be the property of the Purchaser. The Seller shall deposit any such prepaid amounts into the Custodial Account, which account is established for the benefit of the Purchaser fo...
Purchase Price. 2 Section 1.3
Purchase Price. The aggregate purchase price for the Common Shares and the Warrants to be purchased by each Buyer (the “Purchase Price”) shall be the amount set forth opposite such Buyer’s name in column (5) on the Schedule of Buyers.
Purchase Price. The Buyer agrees to purchase the Property by payment of $ ( Dollars) as follows: (check one) ☐ - All Cash Offer. No loan or financing of any kind is required in order to purchase the Property. Buyer shall provide Seller written third (3rd) party documentation verifying sufficient funds to close no later than , 20 , at : ☐ AM ☐ PM. Seller shall have three (3) calendar days after the receipt of such documentation to notify Buyer, in writing, if the verification of funds is not acceptable. If Buyer fails to provide such documentation, or if Seller finds such verification of funds is not acceptable, Seller may terminate this Agreement. Failure of Seller to provide Buyer written notice of objection to such verification shall be considered acceptance of verification of funds.
Purchase Price. (a) The purchase price for the Shares shall be Sixty-Nine Million Seven Hundred Fifty-Seven Thousand Five Hundred and No/100 Dollars ($69,757,500.00), subject to all adjustments, credits and prorations provided for in this Agreement (the "Purchase Price"). SBA shall within ten (10) days after the date of this Agreement place ten percent (10%) of the Purchase Price in escrow (the "Deposit"). The Deposit shall thereafter be subject to and governed by the terms of the Escrow Agreement which is attached hereto and incorporated by reference herein as Attachment B. The Deposit shall be paid to TeleCorp by the escrow agent at Closing. The failure of SBA to place the Deposit in escrow pursuant to the Escrow Agreement with ten (10) days after the date of this Agreement shall give TeleCorp the right, but not the obligation to declare SBA in breach of this Agreement, in which case TeleCorp shall be entitled to such remedies against SBA for breach of contract which may be available to TeleCorp at law or in equity, including but not limited to, an action for damages and specific performance and the right to terminate this Agreement. The remainder of the Purchase Price shall be paid to TeleCorp by SBA at closing by wire transfer of immediately available funds to an account or accounts identified by TeleCorp at or prior to Closing. The parties acknowledge and agree that the number of Sites which may be transferred pursuant to this Agreement cannot exceed Two Hundred Thirteen (213) due to limitations placed upon TeleCorp under the terms of existing credit agreement with Chase Manhattan Bank and certain other lenders and parties thereto (the "Credit Agreement"). In the event that the Credit Agreement is amended to permit more Sites to be transferred, the parties will amend this Agreement to increase the number of Sites up to and including Two Hundred Seventy-Five (275) completed Sites and the aggregate purchase price to Ninety Million Sixty Two Thousand Five Hundred and No/100 Dollars ($90,062,500.00). The additional Sites which will become subject to this Agreement in the event that the Credit Agreement is amended to permit more Sites to be transferred are or shall be set forth on Schedule IA attached hereto. In the event that Schedule IA does not include sixty two (62) additional sites and the Credit Agreement is amended to permit the sale of these additional sites, TeleCorp shall supplement Schedule IA after the Effective Date to bring the total number of sites on Sched...
