Common use of Margin Maintenance Clause in Contracts

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 3 contracts

Samples: Master Repurchase Agreement (Oak Street Financial Services Inc), Master Repurchase Agreement (Standard Pacific Corp /De/), United Financial Mortgage Corp

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Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's ’s Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call")”) .

Appears in 3 contracts

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

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's ’s Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call")”) .

Appears in 3 contracts

Samples: Master Repurchase Agreement (Tree.com, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Margin Maintenance. a. If at any time the Market Value outstanding Purchase Price of any Purchased Mortgage Loan subject to a Transaction is less greater than Buyer's Margin Amount for the Asset Value of such Purchased Mortgage Loan subject to a Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 3 contracts

Samples: Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Impac Mortgage Holdings Inc), Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Margin Maintenance. a. If at any time the Market Value outstanding Purchase Price of any Purchased Mortgage Loan subject to a Transaction is less greater than Buyer's Margin Amount for the Asset Value of such Purchased Mortgage Loan subject to a Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 2 contracts

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

Margin Maintenance. a. If at any time the Market Value outstanding Purchase Price of any Purchased Mortgage Loan subject to a Transaction is less greater than Buyer's Margin Amount for the Asset Value of such Purchased Mortgage Loan subject to a Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call")”) .

Appears in 2 contracts

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

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan Asset subject to a Transaction is less than Buyer's Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller Sellers to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: American Home Mortgage Investment Corp

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call"). Any cash transferred by the Seller to Buyer to satisfy a Margin Call shall be applied to reduce the Repurchase Price.

Appears in 1 contract

Samples: Master Repurchase Agreement (Staten Island Bancorp Inc)

Margin Maintenance. a. If at any time the Market Value of any the Purchased Mortgage Loan Loans subject to a Transaction Transactions is less than Buyer's ’s Margin Amount for such Transaction all Transactions (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller Sellers to transfer to Buyer cash or Additional Purchased Mortgage Loans, approved by Buyer in its sole discretion, in all cases, in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

Margin Maintenance. a. (a) If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's ’s Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to the named Seller, but not any other party comprising Seller under this Agreement, require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: Pledge Agreement (Impac Mortgage Holdings Inc)

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's ’s Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller given pursuant to Section 20 require Seller Sellers to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: Master Repurchase Agreement (Fieldstone Investment Corp)

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Margin Maintenance. a. If at any time the Market Asset Value of any the Purchased Mortgage Loan Assets subject to a Transaction Transactions is less than Buyer's Margin Amount the Purchase Price for such Transaction then outstanding Transactions (a "Margin Deficit"), then then, if such Margin Deficit is greater than the Permitted Amount, Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: Master Repurchase Agreement (RAIT Financial Trust)

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller given pursuant to Section 20 require Seller Sellers to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: Master Repurchase Agreement (Fieldstone Investment Corp)

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash or Eligible Mortgage Loans satisfactory to Buyer in its sole discretion ("Additional Purchased Mortgage Loans") in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call")) .

Appears in 1 contract

Samples: Chimera Investment Corp

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's ’s Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller Sellers to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: Master Repurchase Agreement (ECC Capital CORP)

Margin Maintenance. a. If at any time the Market Value outstanding Purchase Price of any Purchased Mortgage Loan subject to a Transaction is less greater than Buyer's Margin Amount for the Asset Value of such Purchased Mortgage Loan subject to a Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").”) ..

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's ’s Margin Amount for such Transaction Purchased Mortgage Loan (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in having an amount aggregate Market Value at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: Master Repurchase Agreement (WMC Finance Co)

Margin Maintenance. a. If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer's Margin Amount for such Transaction (a "Margin Deficit"), then Buyer may by notice to any Seller require Seller the Sellers to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a "Margin Call").

Appears in 1 contract

Samples: Master Repurchase Agreement (First NLC Financial Services Inc)

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