NOTICES AND OTHER. COMMUNICATIONS Unless otherwise provided in this Agreement, all notices, consents, approvals and requests required or permitted hereunder shall be given in writing and shall be effective for all purposes if sent by (a) hand delivery, with proof of delivery, (b) certified or registered United States mail, postage prepaid, (c) expedited prepaid delivery service, either commercial or United States Postal Service, with proof of delivery, (d) by telecopier (with answerback acknowledged) provided that such telecopied notice must also be delivered by one of the means set forth in (a), (b) or (c) above, or (e) by electronic mail provided that such electronic mail notice must also be delivered by one of the means set forth in (a), (b) or (c) above, to the address specified in Exhibit I hereto or at such other address and person as shall be designated from time to time by any party hereto, as the case may be, in a written notice to the other parties hereto in the manner provided for in this Article 18. A notice shall be deemed to have been given: (v) in the case of hand delivery, at the time of delivery, (w) in the case of registered or certified mail, the Business Day when delivered or the first attempted delivery on a Business Day, (x) in the case of expedited prepaid delivery upon the first attempted delivery on a Business Day, (y) in the case of telecopier, upon receipt of answerback confirmation, or (z) in the case of electronic mail, upon receipt of a verbal or electronic communication confirming receipt thereof. A party receiving a notice that does not comply with the technical requirements for notice under this Article 18 may elect to waive any deficiencies and treat the notice as having been properly given.
Appears in 1 contract
Sources: Master Repurchase Agreement
NOTICES AND OTHER. COMMUNICATIONS Unless otherwise provided in this Agreement, all All notices, consents, approvals and requests required or permitted hereunder shall be given in writing and shall be effective for all purposes if hand delivered or sent by (a) hand delivery, with proof of attempted delivery, (b) certified or registered United States mail, postage prepaid, (c) expedited prepaid delivery service, either commercial or United States Postal Service, with proof of attempted delivery, or (d) by telecopier email (with answerback acknowledged) confirmation of receipt by the receiving party); provided that such telecopied email notice must also be delivered by one of the means set forth in (a), (b) or (c) above, or (e) by electronic mail provided that such electronic mail notice must also be delivered by one of the means set forth in clauses (a), (b) or (c) above, to the address addresses specified in Exhibit Annex I hereto or at such other address and person as shall be designated from time to time by any party hereto, as the case may be, in a written notice to the other parties hereto in the manner provided for in this Article 18Section 16. A notice shall be deemed to have been given: (vi) in the case of hand delivery, at the time of delivery, ; (wii) in the case of registered or certified mail, the Business Day when delivered or the first attempted delivery on a Business Day, ; (xiii) in the case of expedited prepaid delivery upon the first attempted delivery on a Business Day, ; or (yiv) in the case of telecopieremail, upon receipt of answerback confirmation, confirmation or (z) receipt; provided that such emailed notice is also delivered as required in the case of electronic mail, upon receipt of a verbal or electronic communication confirming receipt thereofthis Section 16. A party receiving a notice that does not comply with the technical requirements for notice under this Article 18 Section 16 may elect to waive any deficiencies and treat the such notice as having been properly given. Notwithstanding the foregoing, notices pursuant to Section 4 hereof may be sent by electronic mail to the email addresses set forth on Annex I attached hereto; provided that such notice delivered by email shall be deemed to be given only upon receipt of confirmation of receipt by the receiving party. 17. NON-ASSIGNABILITY (a) The rights and obligations of Seller under the Transaction Documents, the Hedging Transactions and under any Transaction shall not be assigned by Seller without the prior written consent of Buyer. Any attempt by Seller to assign any of its rights or obligations under this Agreement without the prior written consent of Buyer shall be null and void, ab initio.
Appears in 1 contract
Sources: Master Repurchase and Securities Contract Agreement (Granite Point Mortgage Trust Inc.)