Common use of Additional Repurchase or Warehouse Facility Clause in Contracts

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.

Appears in 2 contracts

Samples: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)

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Additional Repurchase or Warehouse Facility. Seller shall collectively maintain throughout the term of the this Agreement, with one or more nationally recognized and established counterparties counterparty (other than Buyer), mortgage ) at least one or more loan repurchase or warehouse facilities that, in the aggregate provide facility that provides funding on a committed basis basis, in an aggregate amount equal to the lesser of (i) at least $[***] and (ii) the Committed Amount*.

Appears in 1 contract

Samples: Mortgage Loan Repurchase Agreement (Sirva Inc)

Additional Repurchase or Warehouse Facility. Seller shall collectively maintain throughout the term of the this Agreement, with a nationally recognized and established counterparties counterparty (other than Buyer), mortgage ) at least one loan repurchase or warehouse facilities that, in the aggregate provide facility that provides funding on a committed basis basis, in an amount equal to the lesser of (i) at least $[***] and (ii) the Committed Amount*.

Appears in 1 contract

Samples: Mortgage Loan Repurchase Agreement (Sirva Inc)

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Additional Repurchase or Warehouse Facility. Seller shall collectively maintain throughout the term of the this Agreement, with a nationally recognized and established counterparties counterparty (other than Buyer), mortgage ) at least one loan repurchase or warehouse facilities that, in the aggregate provide facility that provides funding on a committed basis in an amount equal to the lesser of (i) $[***] and (ii) at least the Committed Amount, and accommodates wet mortgage loans in an amount not less than the amount provided hereunder.

Appears in 1 contract

Samples: Master Repurchase Agreement (Nationstar Mortgage Holdings Inc.)

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