Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by Buyer after 2:30 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 5 contracts
Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by Buyer after 2:30 2:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 3 contracts
Samples: Master Repurchase Agreement (Spirit Finance Corp), Master Repurchase Agreement (Spirit Finance Corp), Master Repurchase Agreement (Spirit Finance Corp)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets Loans transferred shall be transferred to the Custodian pursuant to the Custody Custodial Agreement. Any Repurchase Price or Price Differential received by the Buyer after 2:30 4:00 p.m. noon New York City time shall be applied on the next succeeding Business DayDay and shall otherwise be applied in accordance with Section 15 hereof.
Appears in 3 contracts
Samples: Master Repurchase Agreement (ECC Capital CORP), Master Repurchase Agreement (ECC Capital CORP), Master Repurchase Agreement (ECC Capital CORP)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody AgreementBuyer. Any Repurchase Price or Price Differential received by a Buyer after 2:30 p.m. 12:00 noon New York City time shall be applied on the next succeeding Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (Novastar Financial Inc)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody AgreementBuyer. Any Repurchase Price or Price Differential received by Buyer after 2:30 p.m. 12:00 noon New York City time shall be applied on the next succeeding Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (Novastar Financial Inc)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by Buyer after 2:30 4:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets Loans transferred shall be transferred to the Custodian pursuant to the Custody Custodial Agreement. Any Repurchase Price or Price Differential received by the Buyer after 2:30 2:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement, Master Repurchase Agreement (New Century Financial Corp)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by Buyer after 2:30 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody AgreementBuyer. Any Repurchase Price or Price Differential received by Buyer after 2:30 p.m. 12:00 noon New York City time shall be applied on the next succeeding Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (Novastar Financial Inc)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets Loans transferred shall be transferred to the Custodian pursuant to the Custody Custodial Agreement. Any Repurchase Price or Price Differential received by the related Buyer after 2:30 2:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement (New York Mortgage Trust Inc), Master Repurchase Agreement (ECC Capital CORP)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all the Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by the Buyer after 2:30 4:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 2 contracts
Samples: Master Repurchase Agreement (New Century Financial Corp), Master Repurchase Agreement (New Century Financial Corp)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by the related Buyer after 2:30 2:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Samples: Master Repurchase Agreement (Novastar Financial Inc)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreementfunds. Any Repurchase Price or Price Differential received by the related Buyer after 2:30 2:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Samples: Master Repurchase Agreement (Novastar Financial Inc)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by Buyer after 2:30 2:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Samples: Master Repurchase Agreement (American Business Financial Services Inc /De/)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Custodial Agreement. Any Repurchase Price or Price Differential received by the Buyer after 2:30 5:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Samples: Master Repurchase Agreement (New Century Financial Corp)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred delivered to the Custodian pursuant to the Custody AgreementBuyer accompanied by a certificate power executed in blank. Any Repurchase Price or Price Differential received by Buyer after 2:30 1:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreementfunds. Any Repurchase Price or Price Differential received by the applicable Buyer after 2:30 2:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreementrelated Buyer. Any Repurchase Price or Price Differential received by a Buyer after 2:30 p.m. 12:00 noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Samples: Master Repurchase Agreement (Novastar Financial Inc)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets Securities transferred shall be transferred to the Custodian pursuant to Agent for the Custody Agreementratable benefit of the Buyers. Any Repurchase Price or Price Differential received by Buyer the Agent after 2:30 2:00 p.m. noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.)
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by Buyer after 2:30 2:00 p.m. noon (New York City time time) shall be applied on the next succeeding Business Day.
Appears in 1 contract
Payment and Transfer. Unless otherwise agreed, all transfers of funds hereunder shall be in immediately available funds and all Purchased Assets transferred shall be transferred to the Custodian pursuant to the Custody Agreement. Any Repurchase Price or Price Differential received by Buyer after 2:30 p.m. 12:00 noon New York City time shall be applied on the next succeeding Business Day.
Appears in 1 contract
Samples: Master Repurchase Agreement (Novastar Financial Inc)
