Common use of Expiration of Warehousing Commitment Clause in Contracts

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (First NLC Financial Services Inc)

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Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (First NLC Financial Services Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30August 31, 20052004, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Commercial Capital Bancorp Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30April 21, 2005, as such date may be extended in writing by Lender, in its sole discretion2008, on which date the each Lender’s Warehousing Commitment will expire of its own term and the related Warehousing Advances will become due and payable without the necessity of Notice or action by LenderLenders or Credit Agent; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.and

Appears in 1 contract

Samples: Securitization Agreement

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30August 31, 20052003, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Commercial Capital Bancorp Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30April 21, 2005, as such date may be extended in writing by Lender, in its sole discretion2007, on which date the each Lender’s Warehousing Commitment will expire of its own term and the related Warehousing Advances will become due and payable payable, in each case without the necessity of Notice or action by Lender; Lenders or Credit Agent, and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Lennar Corp /New/)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 301, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Commercial Capital Bancorp Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30December 31, 20052003, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Agreement (E Loan Inc)

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Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30January 15, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30November 15, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (WMC Finance Co)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30October 31, 20052003, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (American Business Financial Services Inc /De/)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 3028, 20052004, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) September 30April 21, 2005, as such date may be extended in writing by Lender, in its sole discretion2008, on which date the each Lender’s Warehousing Commitment will expire of its own term and the related Warehousing Advances will become due and payable without the necessity of Notice or action by LenderLenders or Credit Agent; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Lennar Corp /New/)

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