Additional Repurchase or Warehouse Facility. Seller shall maintain throughout the term of this Agreement, with nationally recognized and established counterparties (other than Buyer) mortgage loan repurchase or warehouse facilities that, in the aggregate: (i) provide funding in an amount equal to at least the Aggregate Transaction Limit; and (ii) accommodate wet mortgage loans in an amount not less than the amount provided hereunder.
Additional Repurchase or Warehouse Facility. Seller shall collectively maintain throughout the term of the Agreement, with nationally recognized and established counterparties (other than Buyer), mortgage loan repurchase or warehouse facilities that, in the aggregate provide funding on a committed basis in an amount equal to the lesser of (i) $[***] and (ii) the Committed Amount.
Additional Repurchase or Warehouse Facility. Section 9.13 of the Existing Master Repurchase Agreement is hereby amended by deleting such section in its entirety and replacing it with the following:
Additional Repurchase or Warehouse Facility. Seller shall maintain throughout the term of this Agreement, with a nationally recognized and established counterparty or counterparties (other than Buyer), at least one loan repurchase or warehouse facility that (i) provides funding on a committed basis, (ii) is secured by mortgage loans originated or acquired by the Seller which are substantially similar with respect to Credit Score, underwriting and product type to the Eligible Loans and (iii) is in an aggregate amount totaling at least $750,000,000.
Additional Repurchase or Warehouse Facility. The Aggregate Transaction Limit, shall at all times, equate to a maximum of [***] of Seller’s borrowing capacity (used and unused, committed and uncommitted) under mortgage loan repurchase and warehouse facilities, Xxxxxxx Mac Early Funding facilities, Xxxxxx Mae As Soon As Pooled Plus lines, mortgage servicing rights facilities, mortgage servicing advance facilities, and working capital lines, in the aggregate, that are maintained with nationally recognized and established counterparties.
Additional Repurchase or Warehouse Facility. Guarantor shall maintain throughout the term of the Agreement, with nationally recognized and established counterparties (other than Buyer), mortgage loan repurchase or warehouse facilities that, in the aggregate: (i) provide funding in an amount equal to at least the Committed Amount and (ii) accommodate wet mortgage loans in an amount not less than the amount provided under the Agreement.
Additional Repurchase or Warehouse Facility. Seller shall maintain throughout the term of this Agreement, with a nationally recognized and established counterparty (other than Buyer) one or more loan repurchase or warehouse facilities for wet and dry mortgage loans of a credit quality similar to the Repo Assets to be purchased hereunder, acquired by Seller, in an aggregate amount not less than $3,000,000.00, which facility or facilities shall provide a secondary source of funding for the types of loans set forth in the Variable Terms Letter and have terms and conditions comparable to those provided under this Agreement, including as to the financial condition of Seller, such that Seller’s business is not dependent upon Buyer funding any individual mortgage loan and Seller’s determination whether or not to fund any individual mortgage loan is not dependent upon Buyer purchasing such Mortgage Loan pursuant to this Agreement.
Additional Repurchase or Warehouse Facility. Seller shall maintain throughout the term of this Agreement, with one or more nationally recognized and established counterparty (other than Buyer) at least one or more loan repurchase or warehouse facility that provide funding of Seller’s mortgage loan operation on a committed basis similar to this Agreement. At not time shall Seller’s Concentration Limit under this Agreement, as amended at any time and from time to time, exceed, at the time of determination, **** of maximum funding commitments available under all other loan repurchase or warehouse facilities available to Seller.
Additional Repurchase or Warehouse Facility. Seller shall maintain throughout the term of this Agreement, with a nationally recognized and established counterparty (other than Buyer) one or more loan repurchase or warehouse facilities for wet and dry mortgage loans of a credit quality similar to the Loans to be purchased hereunder, originated or acquired by Seller, in an aggregate amount not less than $75,000,000, which facility or facilities shall have a term at least equal to that provided under this Agreement, shall accommodate jumbo mortgage loans in an amount not less than $7,000,000 and shall have terms and conditions comparable to those provided under this Agreement, including as to the financial condition of Seller.
Additional Repurchase or Warehouse Facility. United Shore shall maintain throughout the term of this Agreement, with a nationally recognized and established counterparty (other than Buyer) one or more loan repurchase or warehouse facilities for wet and dry mortgage loans of a credit quality similar to the Loans to be purchased hereunder, originated or acquired by United Shore, in an aggregate amount not less than [***].
