Wet Warehousing Sublimit means the maximum amount of principal that may be borrowed and outstanding on any day on or before the Termination Date to finance Wet Loans, being:
Wet Warehousing Sublimit means fifty-five percent (55%) of the Aggregate Commitment Amounts during the last four (4) Business Days in any calendar month and the first four (4) Business Days in the next succeeding calendar month or thirty percent (30%) of the Aggregate Commitment Amounts at any other time.
Wet Warehousing Sublimit is defined in Section 2.3(b).
Examples of Wet Warehousing Sublimit in a sentence
Alkali basalt samples No. 38–42 project close to the boundaries of basalt, trachybasalt and basanite fields (Fig.
More Definitions of Wet Warehousing Sublimit
Wet Warehousing Sublimit means thirty-five percent (35%) of the Commitment."
Wet Warehousing Sublimit means Ten Million Dollars ($10,000,000), except that during the first five (5) days and last five (5) days of each calendar month, "Wet Warehousing Sublimit" means Twenty-Five Million Dollars ($25,000,000).
Wet Warehousing Sublimit means thirty percent (30%) of the Commitment, except that during the first five (5) days and last five (5) days of each calendar month, "Wet Warehousing Sublimit' means fifty percent (50%) of the Commitment."
Wet Warehousing Sublimit means 40% of the Commitment.
Wet Warehousing Sublimit means fifty percent (50%) of the Aggregate Commitment Amounts during the last three (3) Business Days in any calendar month and the first four (4) Business Days in the next succeeding calendar month or thirty percent (30%) of the Aggregate Commitment Amounts at any other time.
Wet Warehousing Sublimit means twenty-five percent (25%) of the Commitment.
Wet Warehousing Sublimit means the maximum amount of principal that may be borrowed and outstanding on any day before the Termination Date to finance Bridged Loans, being: - thirty-five percent (35%) of the Subprime Single-family Sublimit during either (i) the last five (5) Business Days or (ii) the first five (5) Business Days of such calendar month. - twenty percent (20%) of the Subprime Single-family Sublimit on every other day.