Common use of Facility B Commitment Clause in Contracts

Facility B Commitment. On the Closing Date, upon the terms and conditions set forth in this Agreement and in reliance upon the representations and warranties of Borrower herein set forth, each Lender severally agrees to make the Facility B Advance to the Borrower in the amount of its Facility B Commitment.

Appears in 2 contracts

Sources: Credit Agreement (Lennar Corp), Credit Agreement (LNR Property Corp)