Capital Event. To the extent a Capital Event has occurred and Seller fails to pay the Obligations outstanding on the date of such Capital Event in full on or before the conclusion of the Capital Event Amortization Period.
Appears in 4 contracts
Sources: Repurchase Agreement (PennyMac Mortgage Investment Trust), Repurchase Agreement (PennyMac Mortgage Investment Trust), Repurchase Agreement (PennyMac Financial Services, Inc.)
Capital Event. To the extent a Capital Event has occurred and Seller fails to pay the Obligations outstanding on the date of such Capital Event in full on or before the conclusion of the Capital Event Amortization Period.
Appears in 1 contract
Sources: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)