Default Not. a Condition of a 120-Day Demand. Notwithstanding ------------------------------------------- any of the other terms of this Agreement, including, without limitation, the preceding provisions of this Section 9, the Lender shall have the right to demand payment of the outstanding Advances at any time, upon 120 days' prior written notice to the Borrower, whether or not any Default or Event of Default exists or the Expiry Date has occurred.
Appears in 2 contracts
Sources: Warehouse Credit Agreement (E Loan Inc), Warehouse Credit Agreement (E Loan Inc)
Default Not. a Condition of a 120-Day Demand. Notwithstanding ------------------------------------------- any of the other terms of this Agreement, including, without limitation, the preceding provisions of this Section 9, the Lender shall have the right to demand payment of the outstanding Advances at any time, upon 120 days' prior written notice to the Borrower, whether or not any Default or Event of Default exists or the Expiry Date has occurred.
Appears in 2 contracts
Sources: Warehouse Credit Agreement (Mortgage Com Inc), Warehouse Credit Agreement (Mortgage Com Inc)
Default Not. a Condition of a 120-Day Demand. Notwithstanding ------------------------------------------- any of the other terms of this Agreement, including, without limitation, the preceding provisions of this Section 9, the Lender shall have the right to demand payment of the outstanding Advances at any time, upon 120 days' prior written notice to the BorrowerBorrowers, whether or not any Default or Event of Default exists or the Expiry Date has occurred.
Appears in 1 contract