Common use of Margin Maintenance Clause in Contracts

Margin Maintenance. (a) If at any time the aggregate outstanding amount of the Purchase Price of the Note is greater than the related Asset Value (such excess, a “Margin Deficit”), then Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”).

Appears in 8 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

AutoNDA by SimpleDocs

Margin Maintenance. (a) If at any time the aggregate outstanding amount of the Purchase Price of the Note is greater than the related Margin Asset Value or the Maximum Purchase Price (such excess, a “Margin Deficit”), then Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”).

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Financial Services, Inc.)

Margin Maintenance. (a) If at any time the aggregate outstanding amount of the Purchase Price of the Note is greater than the related Asset Value or the Maximum Purchase Price (such excess, a “Margin Deficit”)) by $250,000 or more, then Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”).

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Financial Services, Inc.)

Margin Maintenance. (a) If at any time the aggregate outstanding amount of the Purchase Price of the Note is greater than the related Asset Value for the related Transaction (such excess, a “Margin Deficit”), then Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”).

Appears in 2 contracts

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Margin Maintenance. (a) a. If at any time the aggregate outstanding amount Market Value of the Purchase Price of the Note Purchased Assets subject to Transactions is greater less than the related Asset Value Buyer’s Margin Amount for all Transactions (such excess, a “Margin Deficit”), then the Buyer may by notice to any Seller require Seller the Sellers to transfer to the Buyer cash or Additional Purchased Assets, approved by the Buyer in its sole discretion, in all cases, in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”).

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (New Century Financial Corp)

Margin Maintenance. (a) a. If at any time the aggregate outstanding amount Asset Value of the Purchased Assets subject to Transactions is less than the Purchase Price of the Note is greater than the related Asset Value for then outstanding Transactions (such excess, a “Margin Deficit”), then then, if such Margin Deficit is greater than the Permitted Amount, Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”).

Appears in 1 contract

Samples: Master Repurchase Agreement (RAIT Financial Trust)

AutoNDA by SimpleDocs

Margin Maintenance. (a) If at any time the aggregate outstanding amount of the Purchase Price of the Note is greater less than the Margin Amount for the related Asset Value Transaction (such excess, a “Margin Deficit”), then Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”).

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Margin Maintenance. (a) If at any time the aggregate outstanding amount of the Purchase Price of the Note is greater than the Margin Amount for the related Asset Value Transaction (such excess, a “Margin Deficit”), then Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”).

Appears in 1 contract

Samples: Master Repurchase Agreement (loanDepot, Inc.)

Margin Maintenance. (a) If at any time the aggregate outstanding amount of the Purchase Price of in connection with Receivables exceeds the Note is greater than the related Receivables Asset Value Base in effect at such time, as determined by Buyer (such excess, a “Receivables Margin Deficit”), then Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Receivables Margin Deficit (such requirement, a “Receivables Margin Call”).

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.