Gestation Facilities. Directly or indirectly sell or finance Pledged Mortgages under any Gestation Agreements other than the ▇▇▇▇▇▇ Facility; provided, that no Ordinary Warehousing Advance shall be made against any Pledged Mortgage sold or financed under the ▇▇▇▇▇▇ Facility after initially being pledged hereunder.
Appears in 1 contract
Sources: Warehousing Credit, Term Loan and Security Agreement (Accredited Home Lenders Holding Co)
Gestation Facilities. Directly or indirectly sell or finance Pledged Mortgages under any Gestation Agreements other than the ▇▇▇▇▇▇ Lehman Facility; provided, that no Ordinary Warehousing Advance shall be ▇▇ made against any Pledged Mortgage sold or financed under the ▇▇▇▇▇▇ Lehman Facility after initially being pledged hereunder.
Appears in 1 contract
Sources: Warehousing Credit, Term Loan and Security Agreement (Accredited Home Lenders Holding Co)