Common use of Conditions of Extension of Maturity Date; Waiver Clause in Contracts

Conditions of Extension of Maturity Date; Waiver. Lender’s agreement to extend the Maturity Date and Waivers is conditioned upon and subject to the timely satisfaction by Borrower of each of the following conditions (collectively the “Conditions of Modification”):

Appears in 5 contracts

Samples: Eighth Modification Agreement and Covenant Waiver (Vineyard National Bancorp), Fourth Modification Agreement and Covenant Waiver (Vineyard National Bancorp), Seventh Modification Agreement and Covenant Waiver (Vineyard National Bancorp)

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Conditions of Extension of Maturity Date; Waiver. Lender’s agreement to extend the Maturity Date and Waivers is to grant the Waiversis conditioned upon and subject to the timely satisfaction by Borrower of each of the following conditions (collectively the “Conditions of Modification”):

Appears in 1 contract

Samples: Third Modification Agreement and Covenant Waiver (Vineyard National Bancorp)

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