Haircut. With respect to each Advance, Borrower shall ensure that there are sufficient funds on deposit in the Over/Under Account such that following the withdrawal of the Haircut by Lender, the balance of the Over/Under Account is equal to or greater than the minimum required balance, as set forth in the Commitment Letter.
Appears in 4 contracts
Samples: Credit and Security Agreement (Fieldstone Investment Corp), Revolving Credit and Security Agreement (ECC Capital CORP), Revolving Credit and Security Agreement (Aames Financial Corp/De)