Common use of Amendment Closing Date Clause in Contracts

Amendment Closing Date. As noted in Sections 1.2(j)2.1.4(d) above, this Agreement is executed in connection with an amendment and restatement of the Loan to increase the maximum Commitment Amount from the original sum of Ten Million Dollars ($10,000,000.00) to the increased sum of Twenty Million Dollars ($20,000,000.00). In addition, to the requirements set forth above in Section 2.1.4(d), Borrower shall also deliver to Lender the new Note and shall comply with all other requirements set forth in the Loan Documents required by Lender to increase the Commitment Amount as set forth herein. In addition, and not by way of limitation, Borrower shall have provided Lender with any updated, amended and/or additional documents as may be reasonably required by Lender pursuant Section 4.1 above in connection with the increase in the Commitment Amount on or before the Amendment Closing Date. In connection with the closing of this increase in the Commitment Amount, Borrower hereby reaffirms all of the representations and warranties, as applicable, as of the Amendment Closing Date.

Appears in 2 contracts

Sources: Revolving Line of Credit Loan Agreement, Revolving Line of Credit Loan Agreement (TRI Pointe Homes, Inc.)