Gestation Agreements. Directly or indirectly sell or finance a Mortgage Loan under any Gestation Agreement if the Mortgage Loan is or was previously pledged to Lender as Collateral under this Agreement if the aggregate amount of Warehousing Advances outstanding is less than 60% of the Warehousing Commitment Amount. END OF ARTICLE 8
Appears in 2 contracts
Samples: Gmac Residential Funding (Oak Street Financial Services Inc), Credit and Security Agreement (Oak Street Financial Services Inc)
Gestation Agreements. Directly or indirectly sell or finance a Mortgage Loan under any Gestation Agreement if the Mortgage Loan is or was previously pledged to Lender as Collateral under this Agreement if the aggregate amount of Warehousing Advances outstanding is less than 60% of the Warehousing Commitment Amount. END OF ARTICLE 88 DEFINITIONS
Appears in 1 contract
Samples: Warehousing Credit and Security Agreement (Oak Street Financial Services Inc)
Gestation Agreements. Directly or indirectly sell or finance a Mortgage Loan under any Gestation Agreement if the Mortgage Loan is or was previously pledged to Lender as Collateral under this Agreement if Agreement, unless the aggregate amount of Warehousing Advances average monthly outstanding is less more than 60% of the Warehousing Commitment Amount. END OF ARTICLE 88 9. SPECIAL REPRESENTATIONS, WARRANTIES AND COVENANTS CONCERNING COLLATERAL
Appears in 1 contract
Samples: Credit and Security Agreement (American Home Mortgage Holdings Inc)
Gestation Agreements. Directly or indirectly sell or finance a Mortgage Loan under any Gestation Agreement if the Mortgage Loan is or was previously pledged to Lender as Collateral under this Agreement if the aggregate amount of Warehousing Advances outstanding is less than 60% of the Warehousing Commitment Amount. END OF ARTICLE 8.
Appears in 1 contract
Samples: Credit and Security Agreement (Oak Street Financial Services Inc)
Gestation Agreements. Directly or indirectly sell or finance a Mortgage Loan under any Gestation Agreement if the Mortgage Loan is or was previously pledged to Lender as Collateral under this Agreement if the aggregate amount of Warehousing Advances outstanding is less than 60% of the Warehousing Commitment Amount. END OF ARTICLE 88 SPECIAL REPRESENTATIONS, WARRANTIES AND COVENANTS CONCERNING COLLATERAL
Appears in 1 contract
Samples: Credit and Security Agreement (Oak Street Financial Services Inc)
Gestation Agreements. Directly or indirectly sell or finance a Mortgage Loan under any Gestation Agreement if the Mortgage Loan is or was previously pledged to Lender as Collateral under this Agreement if the aggregate amount of Warehousing Advances outstanding is less than 60% of the Warehousing Commitment Amount. END OF ARTICLE 88 EXHIBIT E
Appears in 1 contract
Samples: Credit and Security Agreement (Oak Street Financial Services Inc)
