MASTER REPURCHASE AGREEMENTMaster Repurchase Agreement • April 23rd, 2018 • PennyMac Mortgage Investment Trust • Real estate investment trusts • New York
This is a MASTER REPURCHASE AGREEMENT, dated as of April 17, 2018, among PENNYMAC OPERATING PARTNERSHIP, L.P., a limited partnership of the State of Delaware (including its successors in interest and permitted assigns, “POP”), PENNYMAC CORP., a corporation of the State of Delaware (including its successors in interest and permitted assigns, “PMC”, and together with POP, each individually a “Seller”, and collectively the “Sellers”), PENNYMAC MORTGAGE INVESTMENT TRUST, a real estate investment trust of the State of Maryland (including its successors in interest and permitted assigns, the “Guarantor”) and ROYAL BANK OF CANADA, a Canadian chartered bank, acting through a New York Branch (including its successors in interest and permitted assigns and, with respect to Section 7, its participants, the “Buyer”).
GUARANTYGuaranty • April 23rd, 2018 • PennyMac Mortgage Investment Trust • Real estate investment trusts • New York
Pursuant to the Master Repurchase Agreement dated as of April 17, 2018 (as amended, restated, supplemented or otherwise modified from time to time, the “Repurchase Agreement”) by and among PennyMac Operating Partnership, L.P. (“POP”), PennyMac Corp. (“PMC”, and together with POP, each individually a “Seller” and collectively, the “Sellers”), Guarantor and the Buyer, the Buyer has agreed from time to time to enter into Transactions with Sellers upon the terms and subject to the conditions set forth therein. It is a condition precedent to the obligation of the Buyer to enter into Transactions with the Sellers under the Repurchase Agreement that the Guarantor shall have executed and delivered this Guaranty to the Buyer.
DEUTSCHE BANK AG, CAYMAN ISLANDS BRANCH, as buyer (“Buyer”), and PENNYMAC CORP., as seller (“Seller”), AMENDMENT NO. 1 dated as of April 17, 2018 to the MASTER REPURCHASE AGREEMENT dated as of August 18, 2017Master Repurchase Agreement • April 23rd, 2018 • PennyMac Mortgage Investment Trust • Real estate investment trusts • New York
This Amendment No. 1 to Master Repurchase Agreement, dated as of April 17, 2018 (this “Amendment”), is entered into by and among Deutsche Bank AG, Cayman Islands Branch (“Buyer”) and PennyMac Corp. (“Seller”). Any capitalized terms not defined herein shall have the meaning assigned to such term in the Master Repurchase Agreement (as defined below).
