Mandatory Commitments. Hold Take-Out Commitments and/or Hedge --------------------- Contracts in less than an aggregate amount necessary to provide for the sale and/or coverage of one hundred percent (100%) of all closed Mortgage Loans owned by the Company and held for sale.
Appears in 1 contract
Sources: Mortgage Loan Warehousing Agreement (Headlands Mortgage Co)
Mandatory Commitments. Hold Take-Out Commitments and/or and Hedge --------------------- Contracts in less than an aggregate amount necessary to provide for the sale and/or coverage of one hundred percent (100%) of all closed Mortgage Loans owned by the Company and held for sale.
Appears in 1 contract
Sources: Servicing Secured Credit Agreement (Headlands Mortgage Co)