Regarding good ount of less than 5% of one's the dominating amount of the loan (a beneficial

Regarding good ount of less than 5% of one’s the dominating amount of the loan (a beneficial

The new failure of Lender, on anybody or higher period, to work out the rights hereunder, shall not transform otherwise replace the terms and conditions to which which Arrangement try topic otherwise reduce correct from Financial so you’re able to do it at a later time

cash advance terms and conditions

(b) Notice delivered pursuant to Section 2.05(a) may be given by any written or electronic means. Lower Percentage Margin Phone call), any notice given before 5:00 p.m. (New York City time) on a Business Day shall be met, and the related Margin Call satisfied, no later than 5:00 p.m. (New York City time) on the following Business Day; notice given after 5:00 p.m. (New York City time) on a Business Day shall be met, and the related Margin Call satisfied, no later than 5:00 p.m. (New York City time) on the second Business Day following the date of such notice. With respect to all Margin Calls other than Low Percentage Margin Calls, any notice given before a.m. (New York City time) on a Business Day shall be met, and the related Margin Call satisfied, no later than 5:00 p.m. (New York City time) on such Business Day; notice given after a.m. (New York City time) on a Business Day shall be met, and the related Margin Call satisfied, no later than 5:00 p.m. (New York City time) on the following Business Day. The foregoing time requirements for satisfaction of a Margin Call are referred to as the Margin Work deadlines.