Agreement to Lend. Subject to the terms and conditions of this Agreement (including Section 13.2 hereof) and provided that no Event of Default or Potential Default has occurred and is continuing, Lender agrees, from time to time during the term of this Agreement, to make Advances to Borrower; provided, however, that the total aggregate principal amount of Advances outstanding at any one time shall not exceed the Aggregate Credit Limit, the aggregate principal amount of any type of Advance shall not exceed the applicable Tranche Sublimit and the aggregate principal amount of Wet Mortgage Loans shall not exceed the Wet Mortgage Loans Sublimit.
Appears in 3 contracts
Samples: Credit and Security Agreement (Fieldstone Investment Corp), Revolving Credit and Security Agreement (Aames Financial Corp/De), Revolving Credit and Security Agreement (ECC Capital CORP)
Agreement to Lend. Subject to the terms and conditions of this Agreement (including Section SECTION 13.2 hereof) and provided that no Event of Default or Potential Default has occurred and is continuing, Lender agrees, from time to time during the term of this Agreement, to make Advances to Borrower; provided, however, that the total aggregate principal amount of Advances outstanding at any one time shall not exceed the Aggregate Credit Limit, the aggregate principal amount of any type of Advance shall not exceed the applicable Tranche Sublimit and the aggregate principal amount of Wet Mortgage Loans shall not exceed the Wet Mortgage Loans Sublimit.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Technical Olympic Usa Inc)
