WD Capital definition
Examples of WD Capital in a sentence
WESTERN DIGITAL CORPORATION By: /s/ ▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇ Title: President WD Capital, Chief Strategy Officer and Chief Financial Officer HGST, INC.
The Parent’s Liquid Assets, determined on a consolidated basis, shall not at any time be less than $15,000,000, nor shall the Parent or any applicable Subsidiary of the Parent (including, without limitation, Borrower and WD Capital) otherwise fail to be in compliance with applicable requirements of ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ Mac, ▇▇▇▇▇▇ ▇▇▇, FHA, and HUD.
At all times, cause the escrow accounts of WD Capital relating to Servicing Contracts held as of the Closing Date in demand deposit accounts at Bank of America, to be located (and to remain) at Bank of America.
WESTERN DIGITAL CORPORATION, as the Company By: /s/ ▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇ Title: President WD Capital, Chief Strategy Officer and Chief Financial Officer HGST, INC.
Nothing in this Agreement will limit (i) ▇▇▇▇▇▇ Mae’s rights to set reserve and capital requirements of WDLLC and WD Capital, respectively, under the ▇▇▇▇▇▇ ▇▇▇ Agreements and applicable ▇▇▇▇▇▇ Mae guides or (ii) WDLLC’s and, as and for so long as may be applicable, WD Capital’s respective obligation to comply with such reserve and capital requirements.
At all times from and after the date that is ninety (90) days after the Closing Date, WDLLC and WD Capital shall between them maintain at Bank of America interest bearing escrow accounts relating to Mortgage Loans respectively being serviced by them pursuant to Servicing Contracts having aggregate collected balances to be at no time less than $60,000,000 which shall earn fifty five (55) basis points in interest.
WDLLC and WD Capital shall not, and not permit WDLLC or WD Capital to, pledge (or, except as may be expressly provided in the Credit Agreement, enter into (or agree to enter into) a Negative Pledge respecting) any of its respective servicing rights with respect to any of the F▇▇▇▇▇▇ ▇▇▇ Loans to any other Person.
At all times from and after the date that is ninety (90) days after the Closing Date, Borrower and WD Capital shall between them maintain at Bank of America interest bearing escrow accounts relating to Mortgage Loans respectively being serviced by them pursuant to Servicing Contracts having aggregate collected balances to be at no time less than $60,000,000 which shall earn fifty five (55) basis points in interest.
Without limitation of the foregoing, so long as WDLLC and/or WD Capital is a servicer of F▇▇▇▇▇▇ Mac Loans, neither the Administrative Agent nor any other Secured Party shall take any action that impedes WDLLC or WD Capital from performing its respective servicing obligations with respect to such loans in strict compliance with the requirements under the Guide and all other applicable F▇▇▇▇▇▇ Mac Agreements.
Neither the Administrative Agent nor any other Secured Party has any right to service any F▇▇▇▇▇▇ ▇▇▇ Loans or affect the manner in which WDLLC or WD Capital services any F▇▇▇▇▇▇ Mac Loans.