Common use of Payment and Transfer Clause in Contracts

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 0312, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust Receipt. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 0312[ ], for the account of CSFB Buyer/PennyMac Operating PartnershipLoan Services, L.P.-Inbound LLC Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust Receiptan Asset Confirm. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

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

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 031200000000, for the account of CSFB Buyer/PennyMac Operating PartnershipLoan Services, L.P.-Inbound LLC Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust Receiptan Asset Confirm. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

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

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 031200000000, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Corp.-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust Receipt. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller the Sellers hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to the Buyer at the following account maintained by the Buyer: Account No. 3091 03123058-2646, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound New Century Sellers-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to Seller the Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans Assets transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Mortgage Loans Assets shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by the Buyer after 2:00 4:00 p.m. (New York City time) shall be deemed received 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 mutually agreed in writing, all transfers of funds to be made by Seller Sellers hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 03123058-2646, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound New Century Sellers-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by Buyer after 2:00 4:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 03123074 3796, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Chimera Investment Corporation Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Chimera Investment Corp

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 031200000000, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Excel Repledge-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust Receipt. Any Repurchase Price received by Buyer after 2:00 4:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 031200-000-000, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Family Lending Seller - Inbound Account, CitibankDeutsche Bank, ABA No. 021 000 089 001 033 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer the transferee may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Standard Pacific Corp /De/)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 0312, for the account of CSFB Buyer/PennyMac Operating PartnershipBank of New York, L.P.-Inbound Account, Citibank, ABA Account No. 021 000 089 021-000.018, GLA 11569 SER, Attn: Xxxx-Xxxx-Xxxx or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Staten Island Bancorp Inc)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 031200000000, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Excel-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust Receipt. Any Repurchase Price received by Buyer after 2:00 4:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller Sellers hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 03123059 0128, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Encore Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller Sellers in writing. Seller acknowledges Sellers acknowledge that it has they have no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by Buyer after 2:00 3:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (ECC Capital CORP)

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Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 0312[ ], for the account of CSFB Buyer/PennyMac Operating Partnership[ ], L.P.-Inbound Account, Citibank[BANK], ABA No. 021 000 089 [ ], Attn: [ ] or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) time shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: United Financial Mortgage Corp

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 03123053-5137, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Homebanc Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by Buyer after 2:00 3:00 p.m. (New York City Eastern time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 031200000000, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Green Tree Servicing LLC-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust Receipt. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Walter Investment Management Corp)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller Sellers hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 03123064-6005, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound American Home Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller Sellers in writing. Seller acknowledges Sellers acknowledge that it has they have no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans Assets transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans Assets shall be evidenced by a Trust ReceiptReceipt and Certification. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: American Home Mortgage Investment Corp

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 0312, for the account of CSFB Buyer/PennyMac Operating PartnershipHome Loan Center, L.P.-Inbound Inc. d/b/a LendingTree Loans-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans shall be evidenced by a Trust Receipt. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Tree.com, Inc.)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller Sellers hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 0312, for the account of CSFB Buyer/PennyMac Operating Partnership, L.P.-Inbound Account, Citibank066213630, ABA No. 021 000 089 000000000, Name of Bank: JPMorgan Chase, Bank City and State: New York, NY, Acct Name: Column Financial, Inc. or such other account as Buyer shall specify to Seller Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans Assets transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans Assets shall be evidenced by a Trust Receipt. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Arbor Realty Trust Inc)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by Seller hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off set‑off or counterclaim, to Buyer at the following account maintained by Buyer: Account No. 3091 031200000000, for the account of CSFB BuyerCS BUYER/PennyMac Operating Partnership, L.P.-Inbound AccountREVERSE MORTG INBOUND, Citibank, ABA No. 021 000 089 or such other account as Buyer shall specify to Seller in writing. Each Seller Party acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Mortgage Loans Repurchase Assets transferred by one party hereto to the other party shall be in the case of a purchase by Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as Buyer may reasonably request. All Purchased Mortgage Loans Repurchase Assets shall be evidenced by a Trust ReceiptReceipt or Certificate. Any Repurchase Price received by Buyer after 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Walter Investment Management Corp)

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