Common use of Existing Projects Clause in Contracts

Existing Projects. The parties hereto acknowledge and agree that all Existing Project shall be and remain in the Borrower Base, subject to the terms and conditions from forth herein from and after the Amendment Closing Date. In connection with amended and restated this Agreement and certain other of the Loan Documents, Borrower shall deliver the following fully executed original documents: (i) an Amendment to Deed of Trust of even date herewith relating to the existing Deed of Trust for each Existing Project; (ii) an Amended and Restated Subordination Agreement for the Existing Project known as “Tamarind”; (iii) a Reaffirmation and Amendment of Subordination Agreement for the Existing Project known as “Candera”; and (iv) such other related documents evidencing, relating to and securing the obligations hereunder as reasonably required by Lender.

Appears in 2 contracts

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