Authority to Encumber. Borrower has, and will continue to have, the full right and authority to encumber all of the Collateral, including each of the Approved Subdivisions, included or to be included in Eligible Collateral.
Appears in 2 contracts
Samples: Credit Agreement (William Lyon Homes), Credit Agreement (William Lyon Homes)
Authority to Encumber. Borrower has, and will continue to have, the full right and authority to encumber all of the Collateral, including each of the Approved Subdivisions, Units and Eligible Lots included or to be included in Eligible Collateral.
Appears in 2 contracts
Samples: Modification Agreement (Crescent Operating Inc), Credit Loan Agreement (Crescent Operating Inc)
Authority to Encumber. Borrower has, and will continue to have, the full right and authority to encumber all of the Collateral, including each of the Approved Subdivisions, Units and Lots included or to be included in Eligible Collateral.
Appears in 1 contract
Authority to Encumber. Borrower has, and will continue to have, the full right and authority to encumber all of the Collateral, including each of the Approved Subdivisions, Units and A&D Projects included or to be included in Eligible Collateral.
Appears in 1 contract
Samples: Loan Agreement (Udc Homes Inc)
