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) April 30, 2017, as such date may be extended in writing by Lenders, in their sole discretion, 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 Credit Agent or Lenders; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2(a) or 10.2(b).

Appears in 1 contract

Samples: And Security Agreement (Walker & Dunlop, Inc.)

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Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of (“Warehousing Maturity Date”): (a) April 30September 3, 20172013, as such date may be extended in writing by Lenders, in their sole discretion, 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 Credit Agent or Lenders; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2(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) April 30September 23, 20172015, as such date may be extended in writing by Lenders, in their sole discretion, 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 Credit Agent or Lenders; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2(a) or 10.2(b).

Appears in 1 contract

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

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of (“Warehousing Maturity Date”): (a) April November 30, 20172009, as such date may be extended in writing by Lenders, in their sole discretion, 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 Credit Agent or Lenders; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2(a) or 10.2(b).

Appears in 1 contract

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

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Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of (“Warehousing Maturity Date”): (a) April 30, 20172018, as such date may be extended in writing by Lenders, in their sole discretion, 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 Credit Agent or Lenders; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2(a) or 10.2(b).

Appears in 1 contract

Samples: And Security Agreement (Walker & Dunlop, Inc.)

Expiration of Warehousing Commitment. The Warehousing Commitment expires on the earlier of (“Warehousing Maturity Date”): (a) April 30, 20172016, as such date may be extended in writing by Lenders, in their sole discretion, 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 Credit Agent or Lenders; and (b) the date the Warehousing Commitment is terminated and the Warehousing Advances become due and payable under Section 10.2(a) or 10.2(b).

Appears in 1 contract

Samples: And Security Agreement (Walker & Dunlop, Inc.)

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