Margin Call Deadline. If the Buyer 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 Buyer 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 (Sirva Inc), Master Repurchase Agreement (Sirva Inc)
Margin Call Deadline. If the Buyer 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 Buyer 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 2 contracts
Samples: Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (NVR Inc)
Margin Call Deadline. If the Buyer 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 Buyer 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.
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