Aged Warehouse Period definition

Aged Warehouse Period means the maximum number of days a Warehouse Advance against Aged Mortgage Loans of a particular type may remain outstanding as set forth in Exhibit H.
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Aged Warehouse Period means the maximum number of days a Warehousing Advance against Aged Mortgage Loans of a particular type may remain outstanding as set forth in Exhibit H. "Agency Security" means a Mortgage-backed Security issued or guaranteed by Fannie Mae, Freddie Max xx Xixxxe Xxx. "Xggregate Xxxxxousing Collateral Value" means, as of any date of determination, the total Warehousing Collateral Value of all Pledged Loans or Pledged Securities then subject to a perfected, first-priority Lien in favor of Lender under this Agreement. "Agreement" means this First Amended and Restated Warehousing Credit and Security Agreement, either as originally executed or as it may be amended, restated, renewed or replaced. "Appraised Property Value" means with respect to an interest in real property, the then current fair market value of the real property and any improvements on it as of a recent date determined in accordance with Title XI of FIRREA by a qualified appraiser who is a member of the American Institute of Real Estate Appraisers or other group of professional appraisers. "Approved Custodian" means a pool custodian or other Person that Lender deems acceptable, in its sole discretion, to hold Mortgage Loans for inclusion in a Mortgage Pool or to hold Mortgage Loans as agent for an Investor that has issued a Purchase Commitment for those Mortgage Loans. "Audited Statement Date" means the date of Borrower's most recent audited financial statements (and, if applicable, Borrower's Subsidiaries, on a consolidated basis) delivered to Lender under
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Aged Warehouse Period means the maximum number of days a Warehouse Advance against Aged Mortgage Loans of a particular type may remain outstanding as set forth in EXHIBIT H.
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Related to Aged Warehouse Period

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