Purchase Price Maintenance. (a) The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Income is paid to Buyer then Buyer shall promptly transfer to Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 4 contracts
Samples: Master Repurchase Agreement (FS Energy & Power Fund), FS Investment Corp III, FS Investment Corp II
Purchase Price Maintenance. (a) The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transactiontransaction, if Income Buyer shall on the date such income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 4 contracts
Samples: FS Credit Real Estate Income Trust, Inc., Master Repurchase Agreement (Capitalsource Inc), Capitalsource Inc
Purchase Price Maintenance. (a) The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Buyer shall on the date such Income is paid to Buyer then Buyer shall promptly transfer to Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; Agreement and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Cim Real Estate Finance Trust, Inc.), Master Repurchase Agreement (Provident Mortgage Capital Associates, Inc.)
Purchase Price Maintenance. (a) The Unless otherwise expressly agreed by the parties hereto, the parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Buyer shall on the date such Income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 2 contracts
Samples: Master Repurchase Agreement (GSC Capital Corp), Repurchase Agreement (Fieldstone Investment Corp)
Purchase Price Maintenance. (a) The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Buyer shall on the date such Income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 2 contracts
Samples: Provident Mortgage Capital Associates, Inc., GSC Capital Corp
Purchase Price Maintenance. (a) The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Buyer shall on the date such Income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 2 contracts
Samples: Blackstone / GSO Long-Short Credit Income Fund, Provident Mortgage Capital Associates, Inc.
Purchase Price Maintenance. (a) 1. The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Buyer shall on the date such Income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 1 contract
Samples: Master Repurchase Agreement (AG Mortgage Investment Trust, Inc.)
Purchase Price Maintenance. (a) The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Buyer shall on the date such Income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; Agreement and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 1 contract
Samples: Master Repurchase Agreement (Angel Oak Mortgage, Inc.)
Purchase Price Maintenance. (a) The parties agree that Unless otherwise agreed, in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Buyer shall on the date such Income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; Agreement and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 1 contract
Samples: Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.)
Purchase Price Maintenance. (a) The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transaction, if Income Buyer shall on the date such income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 1 contract
Purchase Price Maintenance. (a) The parties agree that in any Transaction hereunder whose term extends over an Income payment date for the Securities subject to such Transactiontransaction, if Income Buyer shall on the date such income is paid to Buyer then Buyer shall promptly transfer to or credit to the account of Seller an amount equal to such Income payment or payments pursuant to Paragraph 5(i) of the Agreement; Agreement and Buyer shall not apply the Income payment or payments to reduce the amount to be transferred to Buyer or Seller upon termination of the Transaction pursuant to Paragraph 5(ii) of the Agreement.
Appears in 1 contract
