Warehouse Credit Facility definition

Warehouse Credit Facility means a revolving line of credit with a warehouse lender pursuant to which the Mortgage Subsidiary funds Mortgage Loans (the Warehouse Credit Facility, Advance Credit Facility and MSR Credit Facility, if any, the “Mortgage Funding Credit Facilities”).

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Warehouse Credit Facility means the revolving credit facility in an amount up to $300 million evidenced by that certain Amended and Restated Indenture and Servicing Agreement, dated as of September 1, 2011, among Marriott Vacations Worldwide Owner Trust 2011-1, Marriott Ownership Resorts, Inc., and ▇▇▇▇▇ Fargo Bank, National Association and the other “Facility Documents” as defined therein and contemplated thereby.

Warehouse Credit Facility means a revolving line of credit with a warehouse lender pursuant to which Company Group funds Mortgage Loans.

Examples of Warehouse Credit Facility in a sentence

The Company Group has good title to, and is the sole legal and beneficial owner of, each Marketable Loan, each Loan Held for Investment and all mortgage servicing rights pertaining to the Serviced Loans, in each case, free and clear of any Lien, except for the security interests therein of the banks which have provided financing with respect to the origination thereof pursuant to a Warehouse Credit Facility listed on Section 3.2(z) of the Disclosure Schedule.
Set forth on Section 3.2(s) of the Seller Disclosure Schedule is a true and correct list of each Warehouse Credit Facility of the Company Group.
The Company has good title to, and is the sole legal and beneficial owner of, each Marketable Loan, each Loan Held for Investment and all mortgage servicing rights pertaining to the Serviced Loans, in each case, free and clear of any lien, claim, pledge or other encumbrance of any nature except for the security interests therein of the banks which have provided financing with respect to the origination thereof pursuant to a Warehouse Credit Facility listed on Section 3.2(y) of the Disclosure Schedule.
Set forth on Section 3.2(z) of the Disclosure Schedule is a true and correct list of each Warehouse Credit Facility of the Company and the following information relating thereto: the maximum credit facility amount, amount outstanding as of December 31, 2021, maturity date, and interest rate.
At the time of the Closing, Concord shall have obtained (i) the consent of ContiFinancial Services to terminate the Warehouse Credit Facility and (ii) the consent of Mutual of Omaha and Southern State Insurance to terminate the Master Trust Facility.
From and after the effective ----------------------- date of the Warehouse Credit Facility, no member of the PLMI Affiliated Group shall be obligated to make advances to AFG or any Subsidiary of AFG pursuant to, or to permit AFG or any Subsidiary of AFG to otherwise participate in, the Old Warehouse Credit Facility.

More Definitions of Warehouse Credit Facility

Warehouse Credit Facility means the revolving credit facility in an amount up to $300 million evidenced by that certain Amended and Restated Indenture and Servicing Agreement, dated as of September 1, 2011, among Marriott Vacations Worldwide Owner Trust 2011-1, Marriott Ownership Resorts, Inc., and Wells Fargo Bank, National Association and the other “Facility Documents” as defined therein and contemplated thereby.

Warehouse Credit Facility means any of (i) that certain Second Amended and Restated Master Repurchase Agreement, dated as of November 8, 2002, as amended, by and among CNL Financial VII, LP, as seller, CNL Restaurant Capital, LP (f/k/a CNL Franchise Network, LP), as originator, and Bank of America, N.A., as buyer, (ii) that certain Interim Wholesale Mortgage Warehouse and Security Agreement, dated as of March 26, 2001, as amended, by and among CNL Financial VIII, LP, as borrower, CNL Restaurant Capital, LP (f/k/a CNL Franchise Network, LP) and CNL Financial Services, LP, as credit parties, and Credit Suisse First Boston, New York Branch, as lender, (iii) that certain Loan and Security Agreement, dated as of June 14, 2002 by and among CNL Financial IX, LP, as borrower, Nieuw Amsterdam Receivables Corporation, as lender, CNL Financial Services, LP, as serivcer, ▇▇▇▇▇ Fargo Bank, N.A. (f/k/a ▇▇▇▇▇ Fargo Bank Minnesota, N.A.), as custodian and Cooperatieve Centrale Raiffeisn-Boerenleenbank, B.A., “Rabobank International”, New York Branch, as administrative agent, and (iv) any similar repurchase agreement, loan agreement, indenture or other agreement or instrument entered into for the purpose of financing the purchase of Real Properties and related assets on a basis consistent with the facilities described in clauses (i) through (iii) inclusive, as in effect from time to time; in each case including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time, regardless of whether such amendment, restatement, modification, renewal, refunding, replacement or refinancing is with the same financial institutions or otherwise.

Warehouse Credit Facility means the warehouse credit facility ------------------------- provided for by the Warehousing Credit Agreement, dated as of [______], 1998, by and between AFG and First Union National Bank of North Carolina, as agent for the lenders thereunder. "Wholly Owned Subsidiary" of AFG shall include all Subsidiaries of AFG ----------------------- in which AFG owns (directly or indirectly) all of the outstanding voting stock, voting power, partnership interests or similar ownership interests, except for director's qualifying shares in nominal amounts.