Common use of Margin Call Deadline Clause in Contracts

Margin Call Deadline. If the Buyer notifies the Seller of a Margin Call at or before 12:00 p.m. (or such other time as the parties may mutually agree) on any Banking Day, then the Seller shall make the payment required in Section 7.1 by the next Banking Day (or such other time as the parties may mutually agree).

Appears in 1 contract

Sources: Master Repurchase Agreement (Sirva Inc)

Margin Call Deadline. If the Buyer notifies the Seller of a Margin Call at or before 12:00 p.m. noon (or such other time as the parties may mutually agree) on any Banking Day, then the Seller shall make the payment required in Section 7.1 by 5:00 p.m. on the next same Banking Day (or such other time as the parties may mutually agree).

Appears in 1 contract

Sources: Master Repurchase Agreement (Century Communities, Inc.)