Purchase Price-Incremental
Purchase Price-Incremental. Means, with respect to any Purchased Asset or Contributed Asset: (a) on the applicable date the Buyer makes an additional advance to the applicable Seller Party in excess of the applicable Asset Value-Base, an amount equal to the product of [***] and [***], and (b) on any day after the applicable date the Buyers make an advance described in clause (a), [***].
All Definitions
Found in
Home Point Capital Inc. contract