Common use of PAYMENT, TRANSFER AND CUSTODY Clause in Contracts

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by 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: JPMorgan Chase Bank, Account Number xxxxxxxx, for the credit account: JPMorgan Chase Bank NY; ref: PennyMac, ABA# xxx-xxx-xxx Attn: Mortgage Finance, not later than 5:00 p.m. New York City time, on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by Sellers 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: JPMorgan Chase Bank, Account Number xxxxxxxxNo. 00000000, for the credit account: account of JPMorgan Chase Bank NY; ref: PennyMacNA, ABA# xxx-xxx-xxx JPMorgan Chase, ABA No. 000000000, Attn: Mortgage FinanceXxxxxx Xxxxxx, Ref: Nationstar EBO, not later than 5:00 p.m. New York City time(the “Payment Account”), on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by 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: JPMorgan Chase Bank, Account Number xxxxxxxx********, for the credit account: JPMorgan Chase Bank NY; ref: PennyMac, ABA# xxx-xxx-xxx ***-***-*** Attn: Mortgage Finance, not later than 5:00 p.m. New York City time, on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by 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: JPMorgan Chase Bank, Account Number xxxxxxxx00000000, for the credit account: JPMorgan Chase Bank NY; ref: PennyMac, ABA# xxx000-xxx000-xxx 000 Attn: 42 Mortgage Finance, not later than 5:00 p.m. New York City time, on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by Sellers Seller to Buyer hereunder shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at the following account maintained by and in the name of Buyer: JPMorgan Chase Xxxxx Fargo Bank, San Francisco, California, Account Number xxxxxxxxNo. 632-0000000, for the credit accountABA No. 000-000-000, Reference: JPMorgan Chase Bank NY; ref: PennyMac, ABA# xxx-xxx-xxx Attn: Mortgage FinanceSitusserv L.P. P&I Marathon, not later than 5:00 p.m. 3:00 p.m., New York City time, on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by Sellers 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. [***] for the account of JPMorgan Chase Bank, Account Number xxxxxxxxN.A., for the credit account: JPMorgan Chase Bank NY; ref: PennyMacChase, ABA# xxx-xxx-xxx ABA No. [***] Attn: Mortgage FinanceXxxxxx Xxxxxx, Ref: Quicken Loans, not later than 5:00 p.m. New York City timetime (the “Payment Account”), on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by Sellers 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: JPMorgan Chase Bank, Account Number xxxxxxxx***-******, for the credit account: JPMorgan Chase Bank NY; ref: PennyMacGestation, ABA# xxx-xxx-xxx ***-***-*** Attn: Mortgage FinanceMxxxxxx XxXxxxxx, not later than 5:00 p.m. New York City timetime (the “Payment Account”), on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by Sellers 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. [***], for the account of JPMorgan Chase Bank, Account Number xxxxxxxxN.A., for the credit account: JPMorgan Chase Bank NY; ref: PennyMacChase, ABA# xxx-xxx-xxx ABA No. [***], Attn: Mortgage FinanceXxxxxx Xxxxxx, Ref: Rocket Mortgage, not later than 5:00 p.m. New York City timetime (the “Payment Account”), on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by Sellers any Seller 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 Buyer: the Buyer at JPMorgan Chase Bank, N.A.: Account Number xxxxxxxxNo. 100-0-00000, for the credit accountaccount name: JPMorgan Chase Bank NY; ref: PennyMacBEAR SXXXXXX SECURITIES CO, ABA# xxx-xxx-xxx Attn: Mortgage FinanceFAO LIQUID FUNDING, ABA No. 000000000, not later than 5:00 3:00 p.m. New York City time, on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by Sellers 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. [***], for the account of JPMorgan Chase Bank, Account Number xxxxxxxxN.A., for the credit account: JPMorgan Chase Bank NY; ref: PennyMacChase, ABA# xxx-xxx-xxx ABA No. [***], Attn: Mortgage FinanceXxxxxx Xxxxxx, Ref: Quicken Loans, not later than 5:00 p.m. New York City timetime (the “Payment Account”), on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller acknowledges that it has no rights of withdrawal from the foregoing account.

PAYMENT, TRANSFER AND CUSTODY. (a) Unless otherwise mutually agreed in writing, all transfers of funds to be made by 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. 144-089059, for the account of Gestation, JPMorgan Chase Bank, Account Number xxxxxxxxN.A., for the credit account: JPMorgan Chase Bank NY; ref: PennyMacABA No. 000-00-000, ABA# xxx-xxx-xxx Attn: Mortgage FinanceXxxxxxx Xxxxxx, not later than 5:00 4:00 p.m. New York City time, on the date on which such payment shall become due (and each such payment made after such time shall be deemed to have been made on the next succeeding Business Day). Each Seller of the Sellers acknowledges that it has no rights of withdrawal from the foregoing account.