Hot Fudge Sauce - cooking recipe

Ingredients

1 (6 oz.) pkg. semi-sweet chocolate chips
1 (14 oz.) can sweetened condensed milk
1 tsp. vanilla extract
2 Tbsp. butter or margarine
2 Tbsp. water

Preparation

In heavy saucepan over medium heat, melt chips and margarine with sweetened condensed milk, water and vanilla.
Cook and stir constantly until thickened, about 5 minutes.
Serve warm over ice cream.
Refrigerate leftovers.
Makes about 2 cups.