Common use of Defaulted Payments Clause in Contracts

Defaulted Payments. The Company shall pay any interest on the Securities that is payable, but is not punctually paid or duly provided for, on the applicable Interest Payment Date, in accordance with Section 307 of the Base Indenture.

Appears in 5 contracts

Samples: PennyMac Mortgage Investment Trust, Supplemental Indenture (PennyMac Mortgage Investment Trust), PennyMac Mortgage Investment Trust

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Defaulted Payments. The Company shall pay any interest on the Securities that is payable, but is not punctually paid or duly provided for, for on the applicable Interest Payment Date, in accordance with Section 307 of the Base Indenture.

Appears in 4 contracts

Samples: Mfa Financial (Mfa Financial, Inc.), Mfa Financial (Mfa Financial, Inc.), Chimera Investment Corp

Defaulted Payments. The Company shall pay any interest on the Securities that is payable, but is not punctually paid or duly provided for, on the applicable Interest Payment Date, in accordance with Section 307 3.07 of the Base Indenture.

Appears in 2 contracts

Samples: Supplemental Indenture (Granite Point Mortgage Trust Inc.), Granite Point Mortgage Trust Inc.

Defaulted Payments. The Company shall pay any interest on the Securities Notes that is payable, but is not punctually paid or duly provided for, on the applicable Interest Payment Date, in accordance with Section 307 of the Base Indenture.

Appears in 1 contract

Samples: Indenture (Sutherland Asset Management Corp)

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Defaulted Payments. The Company shall pay any interest on the Securities that is payable, but is not punctually paid or duly provided for, for on the applicable Interest Payment Date, in accordance with Section 307 3.07 of the Base Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (New York Mortgage Trust Inc)

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