Common use of Warehouse Lines Clause in Contracts

Warehouse Lines. Liens pursuant to any mortgage warehouse line of credit (provided that (i) no Lien in connection with any mortgage warehouse line of credit gives rise to any interest in any of the Collateral, and (ii) underlying mortgage loans made under such warehouse lines shall be entered into pursuant to unconditional purchase commitments (subject to program deliverable and other requirements arising in the ordinary course of business consistent with past practices) from ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac, or other investors acceptable to the Required Lenders in their reasonable discretion, on terms and conditions consistent with the mortgage warehouse line of credit utilized by CMC on the date hereof);