Common use of Payment and Transfer Clause in Contracts

Payment and Transfer. 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. 3058-2646, for the account of CSFB Buyer/New Century Sellers-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets shall be evidenced by a Trust Receipt and Certification. Any Repurchase Price received by the Buyer after 4:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

Samples: Master Repurchase Agreement, Master Repurchase Agreement (New Century Financial Corp)

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Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 3058-264600000000, for the account of CSFB Buyer/New Century Sellers-Inbound PennyMac Corp.-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

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

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 3058-2646[ ], for the account of CSFB Buyer/New Century SellersPennyMac Loan Services, LLC Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and Certificationan Asset Confirm. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

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

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 3058-264600000000, for the account of CSFB Buyer/New Century SellersPennyMac Loan Services, LLC Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and Certificationan Asset Confirm. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

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

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 3058-26463091 0312, for the account of CSFB Buyer/New Century Sellers-Inbound PennyMac Operating Partnership, L.P.-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 2 contracts

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

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 3058-2646[ ], for the account of CSFB Buyer/New Century SellersPennyMac Mortgage Investment Trust Holdings I, LLC-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 3058-264600000000, for the account of CSFB Buyer/New Century SellersExcel Repledge-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc)

Payment and Transfer. 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. 3058-264600000000, for the account of CSFB Buyer/New Century Sellers-Inbound PennyMac Holdings, LLC/PennyMac Operating Partnership, L.P.-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets and Contributed Assets shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Payment and Transfer. 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 Buyer, except to the Buyer extent otherwise provided herein, at the following account maintained by the Buyer: Account No. 3058-264600000000, for the account of CSFB Buyer/New Century SellersPennyMac NPL-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Assets, Trust Mortgage Loans and REO Properties shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 30583051-26462445, for the account of CSFB Buyer/New Century SellersCSFB-Inbound AccountBuyer/ NY Mortgage Seller -- Inbound, Citibank, ABA No. 021 000 089 021100089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and Certification. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: New York Mortgage Trust Inc

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 3058-2646, for the account of CSFB Buyer/New Century SellersHome Loan Center, Inc. d/b/a LendingTree Loans-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Tree.com, Inc.)

Payment and Transfer. 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. 3058-2646, for the account of CSFB Buyer/New Century Sellers-Inbound Account, Citibank066213630, ABA No. 021 000 089 000000000, Name of Bank: JPMorgan Chase, Bank City and State: New York, NY, Acct Name: Column Financial, Inc. or such other account as the Buyer shall specify to the Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Arbor Realty Trust Inc)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 305800-2646000-000, for the account of CSFB Buyer/New Century Sellers-SIB Mortgage Corp. Seller - Inbound Account, CitibankDeutsche Bank, ABA No. 021 000 089 011 033 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and Certification. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Staten Island Bancorp Inc)

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Payment and Transfer. 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. 30583051-26462445, for the account of CSFB Buyer/New Century SellersCSFB-Buyer/ NY Mortgage Seller--Inbound Account, Citibank, ABA No. 021 000 100 089 or such other account as the Buyer shall specify to the Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and Certification. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (New York Mortgage Trust Inc)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 305800- 413-2646358 , for the account of CSFB Buyer/New Century Sellers-Inbound AccountCresleigh Seller - Inboxxx Xxxxxxx, CitibankDeutsche Bank, ABA No. 021 000 089 001 033 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and Certification. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Oak Street Financial Services Inc)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 3058-264630000000, for the account of CSFB Buyer/New Century Sellers-Inbound Five Oaks Acquisition Corp.-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Five Oaks Investment Corp.)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers Seller hereunder shall be made in United States Dollars, in immediately available funds, without deduction, set-off or counterclaim, to the Buyer at the following account maintained by the Buyer: Account No. 3058-2646, for the account of CSFB Buyer/New Century Sellers-Inbound Account, Citibank066213630, ABA No. 021 000 089 000000000, Name of Bank: JPMorgan Chase, Bank City and State: New York, NY, Acct Name: Column Financial, Inc. or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Care Investment Trust Inc.)

Payment and Transfer. 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. 3058-26463058 9442, for the account of CSFB Buyer/New Century SellersMortgageIT Seller-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers in writing. Each Seller acknowledges Sellers acknowledge that it has they have no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and Certification. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.)

Payment and Transfer. 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 Buyer, except to the Buyer extent otherwise provided herein, at the following account maintained by the Buyer: Account No. 3058-264600000000, for the account of CSFB Buyer/New Century SellersPennyMac NPL-Inbound Account, Citibank, ABA No. 021 000 089 or such other account as the Buyer shall specify to the Sellers in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer may reasonably request. All Purchased Assets and REO Properties shall be evidenced by a Trust Receipt and CertificationReceipt. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

Payment and Transfer. Unless otherwise mutually agreed in writing, all transfers of funds to be made by the Sellers 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 the Buyer: Account No. 305800-2646000-000, for the account of CSFB Buyer/New Century Sellers-Family Lending Seller - Inbound Account, CitibankDeutsche Bank, ABA No. 021 000 089 001 033 or such other account as the Buyer shall specify to the Sellers Seller in writing. Each Seller acknowledges that it has no rights of withdrawal from the foregoing account. All Purchased Assets Mortgage Loans transferred by one party hereto to the other party shall be in the case of a purchase by the Buyer in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the Buyer transferee may reasonably request. All Purchased Assets Mortgage Loans shall be evidenced by a Trust Receipt and Certification. Any Repurchase Price received by the Buyer after 4:00 2:00 p.m. (New York City time) shall be deemed received on the next succeeding Business Day.

Appears in 1 contract

Samples: Master Repurchase Agreement (Standard Pacific Corp /De/)

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