Common use of Borrower Affiliates Clause in Contracts

Borrower Affiliates. The Borrower Affiliates (other than Homes and the Persons described in Section 6.7(A) shall provide Lender with (i) annual financial statements prepared in accordance with a Financial Reporting Method for each such party on or before each Financial Statement Delivery Date, and (ii) promptly upon delivery or receipt by any of the Apartment Affiliates, copies of all correspondence and other information related to the sale or potential sale of Canyons Apartments, Provence Apartments, or Country Club Villas Apartments.

Appears in 2 contracts

Samples: Loan and Security Agreement (William Lyon Homes), Loan and Security Agreement (William Harwell Lyon Separate Property Trust)

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Borrower Affiliates. The Borrower Affiliates (other than Homes and the Persons described in Section 6.7(A6.4(A) above) shall provide Lender with (i) annual financial statements statements, prepared in accordance with a Financial Reporting Method Method, for each such party on or before each Financial Statement Delivery Date, and (ii) promptly upon delivery or receipt by any of the Apartment Affiliates, copies of all correspondence and other information related to the sale or potential sale of Canyons Apartments, Provence Apartments, or Country Club Villas Apartments.

Appears in 2 contracts

Samples: Loan and Security Agreement (William Harwell Lyon Separate Property Trust), Loan and Security Agreement (William Lyon Homes)

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