Other Loan Instruments Sample Clauses

Other Loan Instruments. (i) All references to the Loan in all of the Loan Instruments and in any other instruments or agreements evidencing or securing the Loan which are not expressly referenced as modified under this Fourth Modification, shall be deemed to refer to the principal amount of SEVENTY-FIVE MILLION DOLLARS ($75,000,000.00) and all references to the Note therein shall be deemed to refer to the Amended and Restated Revolving Promissory Note dated May 29, 2002, executed by Borrower in favor of Lender in the stated principal amount of SEVENTY-FIVE MILLION DOLLARS ($75,000,000.00). Xxxxxxx Xxxx Homes, Inc. Loan No. 906-0100 EXHIBIT “A-1” AGREEMENT FOR FOURTH MODIFICATION OF DEEDS OF TRUST AND OTHER LOAN INSTRUMENTS (Form of Amended and Restated Note) $75,000,000.00 May 29, 2002 FOR VALUE RECEIVED, the undersigned, jointly and severally if more than one, promise to pay to the order of GUARANTY BANK, a federal savings bank organized and existing under the laws of the United States (formerly known as “Guaranty Federal Bank, F.S.B.”), at its principal offices at 0000 Xxxxxxx Xxxxxx, Dallas, Texas 75225, or at such other place as the holder hereof may from time to time designate, the principal sum of SEVENTY-FIVE MILLION DOLLARS ($75,000,000.00), or so much thereof as may be disbursed, with interest on the maximum principal balance from time to time remaining unpaid prior to default or maturity at the rate hereinafter provided, interest only being payable on the first day of each month commencing July 1, 2002, and continuing until and including the Maturity Date (defined below), when the unpaid principal balance of this Amended and Restated Revolving Promissory Note (this “Note”), together with all accrued and unpaid interest, shall be due and payable. The “Maturity Date” shall be the date which is the Required Release Date for the final Residence or Lot located in the final Approved Subdivision whose construction was financed with proceeds of the Loan pursuant to the Loan Agreement (as defined below). All terms with initially capitalized letters used in this Note shall have the meanings ascribed to them in the Loan Agreement unless otherwise indicated in this Note. Borrower may from time to time during the term of this Note borrow, partially or wholly repay its outstanding borrowings, and reborrow, subject to all of the limitations, terms and conditions of this Note and of the Loan Agreement, provided that the outstanding principal balance of this Note shall at no time exceed...
Sample 1
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Other Loan Instruments. (i) All references to the Loan in all of the Loan Instruments and in any other instruments or agreements evidencing or securing the Loan which are not expressly referenced as modified under this First Modification, shall be deemed to refer to the principal amount of SIXTY-FIVE MILLION DOLLARS ($65,000,000.00), and all references to the Note therein shall be deemed to refer to the Amended and Restated Revolving Promissory Note dated June 8, 2001, executed by Borrower in favor of Lender in the stated principal amount of SIXTY-FIVE MILLION DOLLARS ($65,000,000.00).
Sample 1

Related to Other Loan Instruments

  • Other Loan Documents The occurrence of any default under any Loan Document or any other agreement between Borrower and Lender and such default continues for more than ten (10) days after the earlier of (a) Lender has given notice of such default to Borrower, or (b) Borrower has actual knowledge of such default; or

  • Security Instruments (i) The Administrative Agent shall fail to have an Acceptable Security Interest in any portion of the Collateral or (ii) any Security Instrument shall at any time and for any reason cease to create the Lien on the Property purported to be subject to such agreement in accordance with the terms of such agreement, or cease to be in full force and effect, or shall be contested by the Borrower, any Guarantor or any of their respective Subsidiaries;

  • Additional Loan Documents Borrower shall have executed and delivered to Lender such other documents as shall have been requested by Lender to renew, and extend, the Loan Documents to secure payment of the Obligations of Borrower, all in form satisfactory to Lender and its counsel.

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

  • Security Instrument Borrower will execute the Security Instrument dated of even date with this Loan Agreement. The Security Instrument will be recorded in the applicable land records in the Property Jurisdiction.

  • Other Instruments The parties hereto covenant and agree that they will execute such other and further instruments and documents as are or may become necessary or convenient to effectuate and carry out the terms of this Agreement.

  • Existing Loan Documents Copies of all Existing Loan Documents.

  • Documents, Instruments, and Chattel Paper The Borrower represents and warrants to the Agent and the Lenders that (a) all documents, instruments, and chattel paper describing, evidencing, or constituting Collateral, and all signatures and endorsements thereon, are and will be complete, valid, and genuine, and (b) all goods evidenced by such documents, instruments, and chattel paper are and will be owned by the Borrower, free and clear of all Liens other than Permitted Liens.

  • Conditions Precedent to All Loans and Letter of Credit Accommodations Each of the following is an additional condition precedent to Lender making Loans and/or providing Letter of Credit Accommodations to Borrower, including the initial Loans and Letter of Credit Accommodations and any future Loans and Letter of Credit Accommodations:

  • Further Instruments The parties hereto agree to execute such further instruments and to take such further action as may reasonably be necessary to carry out the intent of this Agreement.

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