Amendment Not a Novation; Ratification. This Amendment is an extension and deferment only, and not a novation. Except as modified by this Amendment, the terms and provisions of the Note, the Loan Agreement, the Deeds of Trust and each and all of the other Loan Documents are hereby ratified and affirmed in all respects by the parties hereto, and shall remain binding and controlling on the parties.
Appears in 4 contracts
Samples: Extension and Modification Agreement, Third Modification Agreement (William Lyon Homes), Extension and Modification Agreement (William Lyon Homes)
Amendment Not a Novation; Ratification. This Amendment is an extension and deferment only, and not a novation. Except as modified by this Amendment, the terms and provisions of the Note, the Loan Agreement, the Deeds of Trust and each and all of the other Loan Security Documents are hereby ratified and affirmed in all respects by the parties hereto, and shall remain binding and controlling on the parties.
Appears in 1 contract
Samples: Sixth Extension and Modification Agreement (LYON EAST GARRISON Co I, LLC)
Amendment Not a Novation; Ratification. This Amendment is an extension and deferment only, and not a novation. Except as modified by this Amendment, the terms and provisions of the Note, the Loan Agreement, the Deeds of Trust Agreement and each and all of the other Loan Security Documents are hereby ratified and affirmed in all respects by the parties hereto, and shall remain binding and controlling on the parties.
Appears in 1 contract
Samples: Third Extension and Modification Agreement (William Lyon Homes)