Common use of Margin Maintenance Clause in Contracts

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Mortgage Loans subject to all Transactions hereunder is less than the aggregate Buyer's Margin Amount for all such Transactions (a "Margin Deficit"), then Buyer may by notice to Seller require Seller in such Transactions, at Buyer's option, to transfer to Buyer cash or additional Mortgage Loans reasonably acceptable to Buyer ("Additional Purchased Mortgage Loans"), so that the cash and aggregate Market Value of the Purchased Mortgage Loans, including any such Additional Purchased Mortgage Loans, will thereupon equal or exceed such aggregate Buyer's Margin Amount. (b) If the notice to be given by Buyer to Seller under subparagraph (a) above is given at or prior to 10:00 a.m. New York city time on a Business Day, Seller shall transfer cash or Additional Purchased Mortgage Loans to Buyer prior to the close of business in New York City on the date of such notice, and if such notice is given after 10:00 a.m. New York City time, Seller shall transfer cash or Additional Purchased Mortgage Loans prior to the close of business in New York City on the Business Day following the date of such notice. (c) Any cash transferred pursuant to this Paragraph shall be held by Buyer as though it were Additional Purchased Mortgage Loans and, unless Buyer shall otherwise consent, shall not reduce the Repurchase Price of the related Transaction.

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Mortgage Loans subject to all Transactions hereunder is less than the aggregate Buyer's ’s Margin Amount for all such Transactions (a "“Margin Deficit"”), then Buyer may by notice to Seller Sellers require Seller Sellers in such Transactions, at Buyer's ’s option, to transfer to Buyer cash or additional Mortgage Loans reasonably acceptable to Buyer ("“Additional Purchased Mortgage Loans"”), so that the cash and aggregate Market Value of the Purchased Mortgage Loans, including any such Additional Purchased Mortgage Loans, will thereupon equal or exceed such aggregate Buyer's ’s Margin Amount; provided, however, that no Additional Purchased Mortgage Loans may be Wet Mortgage Loans. (b) If the notice to be given by Buyer to Seller Sellers under subparagraph (a) above is given at or prior to 10:00 a.m. New York city time on a Business Day, Seller Sellers shall transfer cash or Additional Purchased Mortgage Loans to Buyer prior to the close of business in New York City on the date of such notice, and if such notice is given after 10:00 a.m. New York City time, Seller Sellers shall transfer cash or Additional Purchased Mortgage Loans prior to the close of business in New York City on the Business Day following the date of such notice. (c) Any cash transferred pursuant to this Paragraph Section shall be held by Buyer as though it were Additional Purchased Mortgage Loans and, unless Buyer shall otherwise consent, shall not reduce the Repurchase Price of the related Transaction.

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Mortgage Loans subject to all Transactions hereunder is less than the aggregate Buyer's ’s Margin Amount for all such Transactions (a "“Margin Deficit"”), then Buyer may by notice to Seller require Seller in such Transactions, at Buyer's ’s option, to transfer to Buyer cash or additional Mortgage Loans reasonably acceptable to Buyer ("“Additional Purchased Mortgage Loans"”), so that the cash and aggregate Market Value of the Purchased Mortgage Loans, including any such Additional Purchased Mortgage Loans, will thereupon equal or exceed such aggregate Buyer's ’s Margin Amount. (b) If the notice to be given by Buyer to Seller under subparagraph (a) above is given at or prior to 10:00 a.m. New York city time on a Business Day, Seller shall transfer cash or Additional Purchased Mortgage Loans to Buyer prior to the close of business in New York City on the date of such notice, and if such notice is given after 10:00 a.m. New York City time, Seller shall transfer cash or Additional Purchased Mortgage Loans prior to the close of business in New York City on the Business Day following the date of such notice. (c) Any cash transferred pursuant to this Paragraph shall be held by Buyer as though it were Additional Purchased Mortgage Loans and, unless Buyer shall otherwise consent, shall not reduce the Repurchase Price of the related Transaction.

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Mortgage Loans subject to all Transactions hereunder is less than the aggregate Buyer's ’s Margin Amount for all such Transactions (a "“Margin Deficit"”), then Buyer may by verbal notice to a Seller (followed by written notice) require such Seller in such Transactions, at Buyer's ’s option, to transfer to Buyer cash or additional Mortgage Loans reasonably acceptable to Buyer ("“Additional Purchased Mortgage Loans"”), so that the cash and aggregate Market Value of the Purchased Mortgage Loans, including any such Additional Purchased Mortgage Loans, will thereupon equal or exceed such aggregate Buyer's ’s Margin Amount; provided, however, that no Additional Purchased Mortgage Loans may be Wet Mortgage Loans. The failure of Buyer to give written notice of a Margin Deficit shall not waive the effectiveness of verbal notice hereunder. (b) If the notice to be given by Buyer to a Seller under subparagraph (a) above is given at or prior to 10:00 a.m. New York city time on a Business Day, Seller the party receiving such notice shall transfer cash or Additional Purchased Mortgage Loans to Buyer prior to the close of business in New York City on the date of such notice, and if such notice is given after 10:00 a.m. New York City time, Seller the party receiving such notice shall transfer cash or Additional Purchased Mortgage Loans prior to the close of business in New York City on the Business Day following the date of such notice. (c) Any cash transferred pursuant to this Paragraph shall be held by Buyer as though it were Additional Purchased Mortgage Loans and, unless Buyer shall otherwise consent, shall not reduce the Repurchase Price of the related Transaction.

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Mortgage Loans subject to all Transactions hereunder is less than the aggregate Buyer's Margin Amount for all such Transactions (a "Margin Deficit"), then Buyer may by notice to Seller require Seller in such Transactions, at BuyerSeller's option, to transfer to Buyer cash or additional Mortgage Loans reasonably acceptable to Buyer ("Additional Purchased Mortgage Loans"), so that the cash and aggregate Market Value of the Purchased Mortgage Loans, including any such Additional Purchased Mortgage Loans, will thereupon equal or exceed such aggregate Buyer's Margin Amount. (b) If the notice to be given by Buyer to Seller under subparagraph (a) above is given at or prior to 10:00 a.m. New York city City time on a Business Day, Seller shall transfer cash or Additional Purchased Mortgage Loans to Buyer prior to the close of business in New York City on the date of such notice, and if such notice is given after 10:00 a.m. New York City time, Seller shall transfer cash or Additional Purchased Mortgage Loans prior to the close of business in New York City on the Business Day following the date of such notice. (c) Any cash transferred pursuant to this Paragraph shall be held by Buyer as though it were Additional Purchased Mortgage Loans and, unless Buyer shall otherwise consent, shall not reduce the Repurchase Price of the related Transaction.

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Mortgage Loans subject to all Transactions hereunder is less than the aggregate Buyer's ’s Margin Amount for all such Transactions (a "“Margin Deficit"”), then Buyer may by notice to Seller require Seller in such Transactions, at Buyer's ’s option, to transfer to Buyer cash or additional Mortgage Loans reasonably acceptable to Buyer ("“Additional Purchased Mortgage Loans"”), so that the cash and aggregate Market Value of the Purchased Mortgage Loans, including any such Additional Purchased Mortgage Loans, will thereupon equal or exceed such aggregate Buyer's ’s Margin Amount; provided, however, that no Additional Purchased Mortgage Loans may be Wet Mortgage Loans. (b) If the notice to be given by Buyer to Seller under subparagraph (a) above is given at or prior to 10:00 a.m. New York city time on a Business Day, Seller shall transfer cash or Additional Purchased Mortgage Loans to Buyer prior to the close of business in New York City on the date of such notice, and if such notice is given after 10:00 a.m. New York City time, Seller shall transfer cash or Additional Purchased Mortgage Loans prior to the close of business in New York City on the Business Day following the date of such notice. (c) Any cash transferred pursuant to this Paragraph shall be held by Buyer as though it were Additional Purchased Mortgage Loans and, unless Buyer shall otherwise consent, shall not reduce the Repurchase Price of the related Transaction.

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Mortgage Loans HELs subject to all Transactions hereunder is less than the aggregate Buyer's Margin Amount for all such Transactions (a "Margin Deficit"), then Buyer may by notice to a Seller require Seller the Sellers in such Transactions, at BuyerSeller's option, to transfer to Buyer cash or additional Mortgage Loans HELs reasonably acceptable to Buyer ("Additional Purchased Mortgage LoansHELs"), so that the cash and aggregate Market Value of the Purchased Mortgage LoansHELs, including any such Additional Purchased Mortgage LoansHELs, will thereupon equal or exceed such aggregate Buyer's Margin Amount. (b) If the notice to be given by Buyer to a Seller under subparagraph (a) above is given at or prior to 10:00 a.m. New York city City time on a Business Day, Seller the Sellers shall transfer cash or Additional Purchased Mortgage Loans HELs to Buyer prior to the close of business in New York City on the date of such notice, and if such notice is given after 10:00 a.m. New York City time, Seller the Sellers shall transfer cash or Additional Purchased Mortgage Loans HELs prior to the close of business in New York City on the Business Day following the date of such notice. (c) Any cash transferred pursuant to this Paragraph shall be held by Buyer as though it were Additional Purchased Mortgage Loans HELs and, unless Buyer shall otherwise consent, shall not reduce the Repurchase Price of the related Transaction.

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Mortgage Loans subject to all Transactions hereunder is less than the aggregate Buyer's ’s Margin Amount for all such Transactions (a "“Margin Deficit"”), then Buyer may by notice to Seller require Seller in such Transactions, at Buyer's ’s option, to transfer to Buyer cash or additional Mortgage Loans reasonably acceptable to Buyer ("“Additional Purchased Mortgage Loans"”), so that the cash and aggregate Market Value of the Purchased Mortgage Loans, including any such Additional Purchased Mortgage Loans, will thereupon equal or exceed such aggregate Buyer's ’s Margin Amount; provided, however, that no Additional Purchased Mortgage Loans may be Wet Mortgage Loans. (b) If the notice to be given by Buyer to Seller under subparagraph (a) above is given at or prior to 10:00 a.m. New York city time on a Business Day, Seller shall transfer cash or Additional Purchased Mortgage Loans to Buyer prior to the close of business in New York City on the date of such notice, and if such notice is given after 10:00 a.m. New York City time, Seller shall transfer cash or Additional Purchased Mortgage Loans prior to the close of business in New York City on the Business Day following the date of such notice. (c) Any cash transferred pursuant to this Paragraph Section shall be held by Buyer as though it were Additional Purchased Mortgage Loans and, unless Buyer shall otherwise consent, shall not reduce the Repurchase Price of the related Transaction.