Margin Call Deadline. If the Agent delivers a Margin Call to the Seller at or before 11:00 a.m. on any Business Day, then the Seller shall transfer cash and/or Additional Purchased Loans as provided in Section 6.1 on the same Business Day. If the Agent delivers a Margin Call to the Seller after 11:00 a.m. on any Business Day, then the Seller shall transfer cash and/or Additional Purchased Loans by no later than 11:00 a.m. on the next following Business Day.
Appears in 3 contracts
Samples: Master Repurchase Agreement (MDC Holdings Inc), Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (MDC Holdings Inc)
Margin Call Deadline. If the Administrative Agent delivers a Margin Call to the Seller at or before 11:00 a.m. 12:00 p.m. on any Business Day, then the Seller shall transfer cash and/or Additional Purchased Loans as provided in Section 6.1 on the same Business Day. If the Administrative Agent delivers a Margin Call to the Seller after 11:00 a.m. 12:00 p.m. on any Business Day, then the Seller shall transfer cash and/or Additional Purchased Loans by no later than 11:00 a.m. 12:00 p.m. on the next following Business Day.
Appears in 3 contracts
Samples: Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/)
Margin Call Deadline. If the Administrative Agent delivers a Margin Call to the Seller at or before 11:00 a.m. on any Business Day, then the Seller shall transfer cash and/or Additional Purchased Loans as provided in Section 6.1 on the same Business Day. If the Administrative Agent delivers a Margin Call to the Seller after 11:00 a.m. on any Business Day, then the Seller shall transfer cash and/or Additional Purchased Loans by no later than 11:00 a.m. on the next following Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/)
Margin Call Deadline. If the Administrative Agent delivers a Margin Call to the Seller at or before 11:00 10:00 a.m. on any Business Day, then the Seller shall transfer cash and/or Additional Purchased Loans as provided in Section 6.1 on the same Business Day. If the Administrative Agent delivers a Margin Call to the Seller after 11:00 10:00 a.m. on any Business Day, then the Seller shall transfer cash and/or Additional Purchased Loans by no later than 11:00 10:00 a.m. on the next following Business Day.
Appears in 1 contract
