Minimum Purchase Amount definition
Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.
Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero, and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.
Minimum Purchase Amount means $250,000.00.
Examples of Minimum Purchase Amount in a sentence
The parties hereby agree that Company may, at its sole and absolute discretion, at any time and from time to time during the Commitment Period, subject to the satisfaction of the conditions set forth in Annex I attached hereto, request a Pre-Paid Purchase in an amount no more than the Maximum Purchase Amount and no less than the Minimum Purchase Amount from Investor by providing a written notice of such request to Investor (each, a “Request”).
More Definitions of Minimum Purchase Amount
Minimum Purchase Amount means the minimum number of Certificates that may be sold to an investor as specified in the applicable Issue Terms, subject to a minimum of EUR100,000 (or, if the Certificates are denominated in a currency other than euro, the equivalent amount in such currency, determined using the market exchange rate as at the Issue Date).
Minimum Purchase Amount means the greatest of (i) the Auction Purchase Amount, (ii) the fair market value of the Financed Student Loans as of the end of the Collection Period immediately preceding such Distribution Date, and (iii) the aggregate unpaid principal amount of the Notes and unpaid principal balance of the Certificates plus, in each case, accrued and unpaid interest thereon on the related Distribution Date and any amount to be paid pursuant to Section 5.04(b) FIRST and SECOND of the Indenture.
Minimum Purchase Amount means, for any Distribution Date, an amount that would be sufficient to (i) reduce the Outstanding Amount of the Notes on such Distribution Date to zero and (ii) pay to the Noteholders the Interest Distribution Amount payable on such Distribution Date.
Minimum Purchase Amount shall have the meaning set forth in Section 4(a).
Minimum Purchase Amount or “MPA” means the minimum transaction size for transactions and goods to be eligible for VAT refunds.
Minimum Purchase Amount means, with respect to any Distribution Date, an amount equal to the aggregate Principal Balance of the Trust Student Loans plus accrued and unpaid interest thereon; provided, however, that such amount must equal or exceed the amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date, and (iii) all amounts due to the Master Servicer, the Eligible Lender Trustee, the Indenture Trustee, the Administrator and the Paying Agent on such Distribution Date.
Minimum Purchase Amount means $100,000.00.