Maintenance of Liquidity. The Sellers shall maintain cash, Cash Equivalents as well as unencumbered Mortgage Loans held for sale or securitization of at least $15 million.
Appears in 4 contracts
Samples: Master Repurchase Agreement (Fieldstone Investment Corp), Master Repurchase Agreement (Fieldstone Investment Corp), Master Repurchase Agreement (Fieldstone Investment Corp)
Maintenance of Liquidity. The Sellers shall maintain cash, Cash Equivalents as well as unencumbered Mortgage Loans held for sale or securitization of at least $15 20 million; provided, that for the purposes of this requirement, unencumbered Mortgage Loans held for sale or securitization shall represent an amount of not greater than $5 million (of such $20 million).”
Appears in 1 contract
Samples: Master Repurchase Agreement (Fieldstone Investment Corp)
Maintenance of Liquidity. The Sellers shall maintain cash, Cash Equivalents as well as unencumbered Mortgage Loans held for sale or securitization of at least $15 20 million.”
Appears in 1 contract
Samples: Master Repurchase Agreement (Fieldstone Investment Corp)
