Amendment to Assignment. Recital A of the Assignment is hereby amended in its entirety to read as follows: A. Lender has agreed to make a revolving loan to Borrower in a principal amount of up to One Hundred Fifty Million Dollars ($150,000,000) (the “Loan”) pursuant to the terms of a Loan Agreement dated as of September 25, 2000, as amended by a First Amendment to Loan Agreement dated as of July 13, 2001, by a Second Amendment to Loan Agreement and to Other Loan Documents dated as of March 28, 2002 and by a Third Amendment to Loan Agreement and to Other Loan Documents dated as of January 10, 2003 (as the same may be amended, supplemented or otherwise modified from time to time, including any other instruments executed or delivered in renewal, extension, rearrangement or otherwise in replacement of said Loan Agreement, the “Loan Agreement”), the proceeds of which Loan are available to the Borrower subject to the terms and conditions of the Loan Agreement.”
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Sources: Loan Agreement, Loan Agreement (William Lyon Homes)