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) August 30, 2004, as such date may be extended in writing by Lenders and Credit Agent, in their sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable, in each case without the necessity of Notice or action by Lenders, and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 2 contracts

Samples: Warehousing Credit, Term Loan and Security Agreement (American Home Mortgage Investment Corp), Warehousing Credit, Term Loan and Security Agreement (American Home Mortgage Investment Corp)

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Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) August 30March 27, 20042005, as such date may be extended in writing by Lenders and Credit AgentLender, in their its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable, in each case payable without the necessity of Notice or action by Lenders, Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Oak Street Financial Services Inc), Warehousing Credit and Security Agreement (Oak Street Financial Services Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("β€œWarehousing Maturity Date"”): (a) August April 30, 2004, as such date may be extended in writing by Lenders and Credit AgentLender, in their its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable, in each case payable without the necessity of Notice or action by Lenders, 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 (Homebanc Corp)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) August April 30, 20042005, as such date may be extended in writing by Lenders and Credit AgentLender, in their its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable, in each case payable without the necessity of Notice or action by Lenders, 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 Commitments expire on the earlier of ("Warehousing Maturity Date"): (a) August 30May 2, 20042002, as such date may be extended in writing by Lenders and Credit AgentLenders, in their sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable, in each case without the necessity of Notice or action by Lenders, and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.211.2.

Appears in 1 contract

Samples: Warehousing Credit, Term Loan and Security Agreement (American Home Mortgage Holdings Inc)

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Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) August 30March 27, 2004, as such date may be extended in writing by Lenders and Credit AgentLender, in their its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable, in each case payable without the necessity of Notice or action by Lenders, 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 (Oak Street Financial Services Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) August 3031, 2004, 2002 as such date may be extended in writing by Lenders and Credit AgentLender, in their its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable, in each case without the necessity of Notice or action by LendersLender, 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 Home Mortgage Holdings Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity DateWAREHOUSING MATURITY DATE"): (a) August 30January 15, 20042005, as such date may be extended in writing by Lenders and Credit AgentLender, in their its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable, in each case payable without the necessity of Notice or action by Lenders, 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.)

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