Common use of Purchase Price Percentage Clause in Contracts

Purchase Price Percentage. 3.15 multiplied by the excess of (i) the Net Servicing Fee (as such Net Servicing Fees are determined in accordance with Exhibit F to the Purchase and Sale Agreement), expressed as an annualized rate on the unpaid principal balances of the related Mortgage Loans as of the Sale Date over (ii) the Base Servicing Fee Rate; provided however, that for every plus or minus 1 basis point (0.01%) movement in the 7 Year Swap Rate between December 7, 2012 and the Sale Date, the Purchase Price Percentage will be adjusted plus or minus by 0.0005%. As necessary, the percentage to be determined pursuant to this definition will be based on linear interpolation.

Appears in 2 contracts

Samples: Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Newcastle Investment Corp

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Purchase Price Percentage. 3.15 2.79 multiplied by the excess of (i) the Net Servicing Fee (as such Net Servicing Fees are determined in accordance with Exhibit F to the Purchase and Sale Agreement), expressed as an annualized rate on the unpaid principal balances of the related Mortgage Loans as of the Sale Date over (ii) the Base Servicing Fee Rate; provided however, that for every plus or minus 1 basis point (0.01%) movement in the 7 Year Swap Rate between December 7, 2012 and the Sale Date, the Purchase Price Percentage will be adjusted plus or minus by 0.00050. 0015%. As necessary, the percentage to be determined pursuant to this definition will be based on linear interpolation.

Appears in 2 contracts

Samples: Acquisition Agreement (Nationstar Mortgage Holdings Inc.), Newcastle Investment Corp

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Purchase Price Percentage. 3.15 3.11 multiplied by the excess of (i) the Net Servicing Fee (as such Net Servicing Fees are determined in accordance with Exhibit F to the Purchase and Sale Agreement), expressed as an annualized rate on the unpaid principal balances of the related Mortgage Loans as of the Sale Date over (ii) the Base Servicing Fee Rate; provided however, that for every plus or minus 1 basis point (0.01%) movement in the 7 Year Swap Rate between December 7, 2012 and the Sale Date, the Purchase Price Percentage will be adjusted plus or minus by 0.00050. 00065%. As necessary, the percentage to be determined pursuant to this definition will be based on linear interpolation.

Appears in 1 contract

Samples: Spread Acquisition Agreement (Nationstar Mortgage Holdings Inc.)

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