Common use of Conditions Precedent to Effectiveness of this Agreement and to the Effectiveness of the Commitment Clause in Contracts

Conditions Precedent to Effectiveness of this Agreement and to the Effectiveness of the Commitment. This Agreement and the Commitment shall become effective only upon satisfaction by Borrower of the following conditions precedent on or before the date hereof at the sole cost and expense of Borrower:

Appears in 3 contracts

Samples: Revolving Line of Credit Loan Agreement (William Lyon Homes), Revolving Line of Credit Loan Agreement (William Lyon Homes), Revolving Line of Credit Loan Agreement (William Lyon Homes)

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Conditions Precedent to Effectiveness of this Agreement and to the Effectiveness of the Commitment. This Agreement and the Commitment shall become effective only upon satisfaction by Borrower of the following conditions precedent on or before the date hereof at the sole cost and expense of BorrowerBorrower to the satisfaction of each Bank:

Appears in 1 contract

Samples: Revolving Line of Credit Loan Agreement (William Lyon Homes)

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