Minimum Liquid Assets. 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.
Appears in 2 contracts
Sources: Mortgage Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.), Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)
Minimum Liquid Assets. The Parent’s Liquid Assets, determined on a consolidated basis, shall not at any time be less than $15,000,00010,000,000.00, nor shall or the Parent Parent’s or any applicable Subsidiary of the Parent (including, without limitation, Borrower and WD Capital) Subsidiary’s Liquid Assets shall otherwise fail not to be in compliance with applicable requirements of HUD or any Investor, including ▇▇▇▇▇▇ ▇▇▇, Mae and ▇▇▇▇▇▇▇ Mac, ▇▇▇▇▇▇ ▇▇▇, FHA, and HUD.
Appears in 1 contract
Sources: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)