Common use of Expiration of Warehousing Commitment Clause in Contracts

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Oak Street Financial Services Inc), Credit and Security Agreement (Oak Street Financial Services Inc)

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Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27August 30, 20052004, as such date may be extended in writing by LenderLenders and Credit Agent, in its their sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable payable, in each case without the necessity of Notice or action by Lender; Lenders, and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 2 contracts

Samples: American Home Mortgage Investment Corp, American Home Mortgage Investment Corp

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27September 30, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (First NLC Financial Services Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27September 1, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Credit and Security Agreement (Commercial Capital Bancorp Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27April 14, 2005, as such date may be extended in writing by Lender, in its sole discretion2022 (the “Stated Maturity Date”), on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances together with all accrued and unpaid interest and costs and expenses will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.210.2(a) or 10.2(b).

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27August 31, 2005, 2002 as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable payable, without the necessity of Notice or action by Lender; , and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Credit and Security Agreement (American Home Mortgage Holdings Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27December 31, 20052003, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: E Loan Inc

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27April 30, 20052004, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Credit and Security Agreement (Homebanc Corp)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27April 30, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27August 31, 20052004, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Credit and Security Agreement (Commercial Capital Bancorp Inc)

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Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27September 28, 20052004, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27October 31, 20052003, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Gmac Residential Funding (American Business Financial Services Inc /De/)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27September 30, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Credit and Security Agreement (First NLC Financial Services Inc)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27January 15, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of ("Warehousing Maturity Date"): (a) March 27November 15, 2005, as such date may be extended in writing by Lender, in its sole discretion, on which date the Warehousing Commitment will expire of its own term and the Warehousing Advances will become due and payable without the necessity of Notice or action by Lender; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (WMC Finance Co)

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