Term of Commitment. In the event Borrower has not fulfilled condition 4.1(d) precedent set forth in this Article within 30 days of ▇▇▇▇▇▇▇▇’s execution of this Agreement, the Committee may terminate its obligations under this Agreement. In the event construction loan closing has not occurred within 120 of execution of this Agreement, the Committee may terminate its obligations under this Agreement.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement