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: Fourth Supplemental Indenture (PennyMac Mortgage Investment Trust), First Supplemental Indenture (PennyMac Mortgage Investment Trust), Third Supplemental Indenture (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 5 contracts

Samples: Third Supplemental Indenture (Chimera Investment Corp), Second Supplemental Indenture (Chimera Investment Corp), Third Supplemental Indenture (Mfa Financial, Inc.)

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

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: Second Supplemental Indenture (New York Mortgage Trust Inc)

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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: First Supplemental Indenture (Sutherland Asset Management Corp)

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