Common use of Payments to the Administrative Agent Clause in Contracts

Payments to the Administrative Agent. Except as otherwise specifically provided in this Agreement, all payments required by this Agreement or the other Repurchase Documents to be made to the Administrative Agent shall be paid to the Administrative Agent for deposit in the Settlement Account by no later than 1:00 p.m. on the day when due (funds received after the applicable deadline shall be conclusively deemed received on the next following Business Day unless the Administrative Agent, shall agree otherwise) and without set-off, counterclaim or deduction, in lawful money of the United States of America in immediately available funds at the principal Minneapolis branch of the Administrative Agent, at 000 Xxxxxxxx Xxxx, Xxxxxxxxxxx, XX 00000, or by fed funds wire transfer to: U.S. Bank National Association 000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 ABA number 000000000 Attention: Mortgage Banking Services Account number. 104756234365 For Credit — DHI Mortgage Company, Ltd. Settlement Account or at such other place as the Administrative Agent shall designate from time to time. Whenever any payment to be made under this Agreement or any of the other Repurchase Documents shall be stated to be due on a day that is not a Business Day, the due date for that payment shall be automatically extended to the next day that is a Business Day, and (if applicable) Price Differential at the applicable rate (determined in accordance with this Agreement) shall continue to accrue during the period of such extension. Unless the Administrative Agent shall agree otherwise, funds received by the Administrative Agent after 1:00 p.m. on a Business Day shall be deemed for all purposes to have been paid by the Seller on the next succeeding Business Day.

Payments to the Administrative Agent. Except as otherwise specifically provided in this Agreement, all payments required by this Agreement or the other Repurchase Documents to be made to the Administrative Agent shall be paid to the Administrative Agent for deposit in the Settlement Account by no later than 1:00 2:00 p.m. on the day when due (funds received after the applicable deadline shall be conclusively deemed received on the next following Business Day unless the Administrative Agent, shall agree otherwise) and without set-off, counterclaim or deduction, in lawful money of the United States of America in immediately available funds at the principal Minneapolis branch of the Administrative Agent, at 000 Xxxxxxxx Xxxx0000 Xxxxxxxxx Xxxx - XX-XX-X0XX, XxxxxxxxxxxXxxxxxx, XX 00000, or by fed funds wire transfer to: U.S. Bank National Association 000 Xxxxxxxx 0000 Xxxxxxxxx Xxxx Xxxxxxxxxxx- XX-XX-X0XX Xxxxxxx, XX 00000 ABA number 000000000 xxxxxxxxx Attention: Mortgage Banking Services Warehouse Lending Division Account number. 104756234365 xxxxxxxxx For Credit — DHI Mortgage Company, Ltd. Settlement Account or at such other place as the Administrative Agent shall designate from time to time. Whenever any payment to be made under this Agreement or any of the other Repurchase Documents shall be stated to be due on a day that is not a Business Day, the due date for that payment shall be automatically extended to the next day that is a Business Day, and (if applicable) Price Differential at the applicable rate (determined in accordance with this Agreement) shall continue to accrue during the period of such extension. Unless the Administrative Agent shall agree otherwise, funds received by the Administrative Agent after 1:00 2:00 p.m. on a Business Day shall be deemed for all purposes to have been paid by the Seller on the next succeeding Business Day.

Payments to the Administrative Agent. Except as otherwise specifically provided in this Agreement, all payments required by this Agreement or the other Repurchase Documents to be made to the Administrative Agent shall be paid to the Administrative Agent for deposit in the Settlement Account by no later than 1:00 2:00 p.m. on the day when due (funds received after the applicable deadline shall be conclusively deemed received on the next following Business Day unless the Administrative Agent, shall agree otherwise) and without set-off, counterclaim or deduction, in lawful money of the United States of America in immediately available funds at the principal Minneapolis branch of the Administrative Agent, at 000 Xxxxxxxx Xxxx, Xxxxxxxxxxx, XX 00000, or by fed funds wire transfer to: U.S. Bank National Association 000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 ABA number 000000000 Attention: Mortgage Banking Services Account number. 104756234365 For Credit — - DHI Mortgage Company, Ltd. Settlement Account or at such other place as the Administrative Agent shall designate from time to time. Whenever any payment to be made under this Agreement or any of the other Repurchase Documents shall be stated to be due on a day that is not a Business Day, the due date for that payment shall be 50 automatically extended to the next day that is a Business Day, and (if applicable) Price Differential at the applicable rate (determined in accordance with this Agreement) shall continue to accrue during the period of such extension. Unless the Administrative Agent shall agree otherwise, funds received by the Administrative Agent after 1:00 2:00 p.m. on a Business Day shall be deemed for all purposes to have been paid by the Seller on the next succeeding Business Day.

Payments to the Administrative Agent. Except as otherwise specifically provided in this Agreement, all payments required by this Agreement or the other Repurchase Documents to be made to the Administrative Agent shall be paid to the Administrative Agent for deposit in the Repurchase Settlement Account by no later than 1:00 p.m. on the day when due (funds received after the applicable deadline shall be conclusively deemed received on the next following Business Day unless the Administrative Agent, shall agree otherwise) and without set-off, counterclaim or deduction, in lawful money of the United States of America in immediately available funds at the principal Minneapolis branch of the Administrative Agent, at 000 800 Xxxxxxxx Xxxx, Xxxxxxxxxxx, XX 00000, or by fed funds wire transfer to: U.S. Bank National Association 000 800 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 ABA number 000000000 Attention: Mortgage Banking Services Account number. 104756234365 For Credit — DHI Mortgage Company, Ltd. Repurchase Settlement Account or at such other place as the Administrative Agent shall designate from time to time. Whenever any payment to be made under this Agreement or any of the other Repurchase Documents shall be stated to be due on a day that is not a Business Day, the due date for that payment shall be automatically extended to the next day that is a Business Day, and (if applicable) Price Differential at the applicable rate (determined in accordance with this Agreement) shall continue to accrue during the period of such extension. Unless the Administrative Agent shall agree otherwise, funds received by the Administrative Agent after 1:00 p.m. on a Business Day shall be deemed for all purposes to have been paid by the Seller on the next succeeding Business Day.

Payments to the Administrative Agent. Except as otherwise specifically provided in this Agreement, all payments required by this Agreement or the other Repurchase Documents to be made to the Administrative Agent shall be paid to the Administrative Agent for deposit in the Settlement Account by no later than 1:00 2:00 p.m. on the day when due (funds received after the applicable deadline shall be conclusively deemed received on the next following Business Day unless the Administrative Agent, shall agree otherwise) and without set-off, counterclaim or deduction, in lawful money of the United States of America in immediately available funds at the principal Minneapolis branch of the Administrative Agent, at 000 Xxxxxxxx Xxxx0000 Xxxxxxxxx Xxxx - XX-XX-X0XX, XxxxxxxxxxxXxxxxxx, XX 00000, or by fed funds wire transfer to: U.S. Bank National Association 000 Xxxxxxxx 0000 Xxxxxxxxx Xxxx Xxxxxxxxxxx- XX-XX-X0XX Xxxxxxx, XX 00000 ABA number 000000000 xxxxxxxxx Attention: Mortgage Banking Services Account number. 104756234365 xxxxxxxxx For Credit — DHI Mortgage Company, Ltd. Settlement Account or at such other place as the Administrative Agent shall designate from time to time. Whenever any payment to be made under this Agreement or any of the other Repurchase Documents shall be stated to be due on a day that is not a Business Day, the due date for that payment shall be automatically extended to the next day that is a Business Day, and (if applicable) Price Differential at the applicable rate (determined in accordance with this Agreement) shall continue to accrue during the period of such extension. Unless the Administrative Agent shall agree otherwise, funds received by the Administrative Agent after 1:00 2:00 p.m. on a Business Day shall be deemed for all purposes to have been paid by the Seller on the next succeeding Business Day.