Authority to File Notices. Upon the occurrence of any Event of Default, Borrower irrevocably appoints Lender as its attorney-in-fact, with full power of substitution, to file or record, at the Borrower’s cost and expense and in Borrower’s name, any notices of completion, notices of cessation of labor, or any other notices that Lender considers necessary or desirable to protect its security.
Appears in 3 contracts
Sources: Revolving Line of Credit Loan Agreement, Revolving Line of Credit Loan Agreement (TRI Pointe Homes, Inc.), Revolving Line of Credit Loan Agreement (William Lyon Homes)
Authority to File Notices. Upon the occurrence and continuance of any Event of Default, Borrower irrevocably appoints Lender as its attorney-in-fact, with full power of substitution, to file or record, at the Borrower’s cost and expense and in Borrower▇▇▇▇▇▇▇▇’s name, any notices of completion, notices of cessation of labor, or any other notices that Lender ▇▇▇▇▇▇ considers necessary or desirable to protect its securitydesirable.
Appears in 3 contracts
Sources: Loan Agreement, Loan Agreement, Loan Agreement
Authority to File Notices. Upon the occurrence of any Event of Default, Borrower irrevocably appoints Lender as its attorney-in-fact, with full power of substitution, to file or record, at the Borrower’s cost and expense and in Borrower’s name, any notices of completion, notices of cessation of labor, labor or any other notices that Lender considers necessary or desirable to protect its security.
Appears in 1 contract
Sources: Revolving Line of Credit Loan Agreement (William Lyon Homes)
Authority to File Notices. Upon the occurrence of any Event of Default, Borrower irrevocably appoints Lender as its attorney-in-fact, with full power of substitution, to file or record, at the Borrower’s 's cost and expense and in Borrower’s 's name, any notices of completion, notices of cessation of labor, or any other notices that Lender considers necessary or desirable to protect its security.
Appears in 1 contract
Sources: Revolving Line of Credit Loan Agreement (William Lyon Homes)