Escrow Imbalance. Seller will, no later than five (5) Business Days after learning (from any source) of any material imbalance in any escrow account, fully and completely correct and eliminate such imbalance including, without limitation, depositing its own funds into such account to eliminate any overdrawal or deficit.
Appears in 11 contracts
Samples: Master Repurchase Agreement (WMC Finance Co), Master Repurchase Agreement (ECC Capital CORP), Master Repurchase Agreement (ECC Capital CORP)
Escrow Imbalance. Seller willshall, no later than five (5) Business Days after learning (from any source) of any material overdraw, deficit or imbalance in any escrow accountor reserve account relating to a Purchased Asset, fully and completely correct and eliminate such imbalance includingthe same, without limitation, including by depositing its own funds into such account to eliminate any overdrawal or deficitaccount.
Appears in 7 contracts
Samples: Master Repurchase and Securities Contract (BrightSpire Capital, Inc.), Master Repurchase and Securities Contract (BrightSpire Capital, Inc.), Master Repurchase and Securities Contract (Colony Credit Real Estate, Inc.)
Escrow Imbalance. Seller willshall, no later than five (5) Business Days after learning (from any source) of any material overdraw, deficit or imbalance in any escrow accountor reserve account relating to a Purchased Asset, fully and completely correct and eliminate such imbalance including, without limitation, depositing its own funds into such account to eliminate any overdrawal or deficitthe same.
Appears in 5 contracts
Samples: Master Repurchase and Securities Contract (FS Credit Real Estate Income Trust, Inc.), Master Repurchase and Securities Contract (FS Credit Real Estate Income Trust, Inc.), Master Repurchase and Securities Contract (FS Credit Real Estate Income Trust, Inc.)
Escrow Imbalance. Each Seller willshall, no later than five (5) Business Days after learning (from any source) of any material overdraw, deficit or imbalance in any escrow accountor reserve account relating to a Purchased Asset, fully and completely correct and eliminate such imbalance includingthe same by requesting the Underlying Obligor to correct and eliminate the same, without limitation, including by depositing its own funds into such account to eliminate any overdrawal or deficitaccount.
Appears in 3 contracts
Samples: Omnibus Amendment to Repurchase Documents (Ares Commercial Real Estate Corp), Master Repurchase and Securities Contract (Ares Commercial Real Estate Corp), Master Repurchase and Securities Contract (Ares Commercial Real Estate Corp)
Escrow Imbalance. Seller willshall, no later than five (5) Business Days after learning (from any source) of any material imbalance in any escrow account, fully and completely correct and eliminate such imbalance including, without limitation, depositing its own funds into such account to eliminate any overdrawal or deficit.
Appears in 3 contracts
Samples: Master Repurchase Agreement (Gramercy Capital Corp), Acquisition Repurchase Agreement (Gramercy Capital Corp), Master Repurchase Agreement (Gramercy Capital Corp)
Escrow Imbalance. Seller willshall, no later than five (5) Business Days after learning (from any source) of any material imbalance in any escrow account, fully and completely correct and eliminate such imbalance including, without limitation, depositing its own funds into such account to eliminate any overdrawal overdraw or deficit.
Appears in 2 contracts
Samples: Master Repurchase Agreement (CBRE Realty Finance Inc), Master Repurchase Agreement (Gramercy Capital Corp)
Escrow Imbalance. Following the occurrence of an Event of Default, Seller will, no later than five (5) Business Days after learning (from any source) of any material imbalance in any escrow account, fully and completely correct and eliminate such imbalance including, without limitation, depositing its own funds into such account to eliminate any overdrawal or deficit.
Appears in 1 contract
Samples: Master Repurchase Agreement (Hanover Capital Mortgage Holdings Inc)
Escrow Imbalance. The Seller will, no later than five (5) Business Days after learning (from any source) of any material imbalance in any escrow account, fully and completely correct and eliminate such imbalance including, without limitation, depositing its own funds into such account to eliminate any overdrawal or deficit.
Appears in 1 contract
Samples: Master Repurchase Agreement (Staten Island Bancorp Inc)
Escrow Imbalance. Following the occurrence of a Static Pool Event or an Event of Foreclosure, Seller will, no later than five (5) Business Days after learning (from any source) of any material imbalance in any escrow account, fully and completely correct and eliminate such imbalance including, without limitation, depositing its own funds into such account to eliminate any overdrawal or deficit.
Appears in 1 contract
Samples: Master Repurchase Agreement (Hanover Capital Mortgage Holdings Inc)