Margin Account Maintenance. (a) If at any time the Purchaser determines (based on such factors as the Purchaser determines to rely on its sole discretion, including but not limited to a credit analysis of the Underlying Mortgaged Properties and the current market conditions for the Mortgage Asset) that the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "Margin Deficit"), then the Purchaser may by notice to the Seller in the form of Exhibit XII (as such notice is more particularly set forth below, a "Margin Deficit Notice") require the Seller to transfer to the Purchaser or its designee (including the Custodian) cash or Eligible Assets so that the aggregate Asset Value of the Purchased Assets will thereupon equal or exceed the aggregate Purchase Price for all outstanding Transactions, provided that, prior to or contemporaneously with the delivery of such Margin Deficit Notice, the Purchaser has informed the Seller of the methodology (in reasonable detail) utilized by the Purchaser to determine such Margin Deficit. Notwithstanding anything to the contrary in this Agreement, the Seller shall transfer such cash or Eligible Assets to the Purchaser's Account no later than twenty-four (24) hours after such Margin Deficit Notice shall be deemed to have been received under Section 13.2. All cash transferred to the Purchaser pursuant to this Section 2.7 shall be deposited in the Purchaser's Account and shall be attributed to such Transaction as the Purchaser shall determine in its sole discretion. Eligible Assets shall be transferred to the Purchaser in the same manner as Eligible Assets are transferred under Section 2.2.
Margin Account Maintenance. (a) If at any time the Purchaser determines (based on such factors as the Purchaser determines to rely on in its sole discretion, including, but not limited to, a credit analysis of the Underlying Properties and the current market conditions for the Purchased Asset) that the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (in each case, the aggregate amount of such difference being a “Margin Deficit”), then the Purchaser may, by delivery of a Margin Deficit Notice to the Seller (which shall include the methodology utilized by the Purchaser to determine the Margin Deficit), require the Seller to transfer to the Purchaser cash or Eligible Assets with an Asset Value in the amount of the Margin Deficit by no later than the Margin Correction Deadline so that, after giving effect to such payments and/or transfers, the Margin Deficit is eliminated. All cash transferred to the Purchaser pursuant to this Section 2.7 shall be deposited into the Collection Account and shall be applied to reduce the aggregate Purchase Price with respect to all outstanding Transactions. Transfers of Eligible Assets to the Purchaser under this Subsection 2.7(a) shall be subject to the same conditions and requirements that are applicable to the transfers of Eligible Assets under Section 2.2 and the other provisions of this Agreement.
Margin Account Maintenance. 22 6.4 Repurchase and Release of Purchased Assets.................................................................. 23 6.5
Margin Account Maintenance. (a) Asset Value. Administrative Agent, on behalf of Buyers, shall have the right to determine the Asset Value of each Purchased Asset at any time. (b)
Margin Account Maintenance
