Non-Utilization Fee. No later than the 5th day following the end of each calendar month, the Seller shall pay in immediately available funds to Buyer a non-refundable monthly fee for the preceding month, calculated in accordance with the formula set forth in the schedule attached hereto as Annex I. Such payment shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at such account designated by Buyer.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Staten Island Bancorp Inc), Master Repurchase Agreement (Staten Island Bancorp Inc)
Non-Utilization Fee. No later than the 5th day Price Differential Payment Date following the end of each calendar month, the Seller Sellers shall pay in immediately available funds to Buyer a non-refundable monthly fee for the preceding month, calculated in accordance with the formula set forth in the schedule attached hereto as Annex I. II. Such payment shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at such account designated by Buyer.
Appears in 1 contract
Sources: Master Repurchase Agreement (New York Mortgage Trust Inc)
Non-Utilization Fee. No later than the 5th day Price Differential Payment Date following the end of each calendar month, the Seller shall pay in immediately available funds to Buyer a non-refundable monthly fee for the preceding month, calculated in accordance with the formula set forth in the schedule attached hereto as Annex I. II. Such payment shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at such account designated by Buyer.
Appears in 1 contract
Sources: Master Repurchase Agreement (New York Mortgage Trust Inc)
Non-Utilization Fee. No later than the 5th 10th day following the end of each calendar month, the Seller shall pay in immediately available funds to Buyer a non-refundable monthly fee for the preceding month, calculated in accordance with the formula set forth in the schedule attached hereto as Annex I. III. Such payment shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at such account designated by Buyer.
Appears in 1 contract
Sources: Master Repurchase Agreement (Oak Street Financial Services Inc)
Non-Utilization Fee. No later than the 5th day Price Differential Payment Date following the end of each calendar month, the Seller shall pay in immediately available funds to Buyer a non-refundable monthly fee for the preceding month, calculated in accordance with the formula set forth in the schedule attached hereto as Annex I. III. Such payment shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at such account designated by Buyer.
Appears in 1 contract
Sources: Master Repurchase Agreement (Standard Pacific Corp /De/)
Non-Utilization Fee. No later than the 5th day Business Day following the end of each calendar month, the Seller Sellers shall pay in immediately available funds to Buyer a non-refundable monthly fee for the preceding month, calculated in accordance with the formula set forth in the schedule attached hereto as Annex I. Such fee shall commence and accrue after the 60th day following the Closing Date. Such payment shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to Buyer at such account designated by Buyer.
Appears in 1 contract
Sources: Master Repurchase Agreement (First NLC Financial Services Inc)