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Common use of No Margin Deficit Clause in Contracts

No Margin Deficit. After giving effect to the requested Transaction, the Asset Value of all Purchased Assets and Pledged Assets exceeds the aggregate Repurchase/Release Price for such Transactions;

Appears in 5 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

No Margin Deficit. After giving effect to the requested Transaction, the Asset Value of the Purchased Asset (and allocated to all Purchased Assets and Pledged Assets Underlying Mortgage Loans) exceeds the aggregate Repurchase/Release Repurchase Price for such Transactions;

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)