Common use of Further Advances Clause in Contracts

Further Advances. Upon the occurrence of an Event of Default, the Lender may from time to time, without notice to the Borrower, suspend, terminate or limit any further loans or other extensions of credit under this Agreement and under any of the other Financing Documents.

Appears in 3 contracts

Sources: Loan Agreement (Chesapeake Utilities Corp), Loan Agreement (Chesapeake Utilities Corp), Loan Agreement (Chesapeake Utilities Corp)

Further Advances. Upon the occurrence of an Event of Default, the The Lender may from time to time, time without notice to the Borrower, Borrowers suspend, terminate or limit any further loans or other extensions of credit under this Agreement and under any of the other Financing Documents. Further, upon the occurrence of an Event of Default or Default specified in Sections 7.1.5 (Receiver; Bankruptcy) or 7.

Appears in 3 contracts

Sources: Financing and Security Agreement (Paradise Color Inc), Financing and Security Agreement (Kimberton Enterprises Inc), Financing and Security Agreement (Clean Towel Service Inc)

Further Advances. Upon the occurrence of an Event of Default, the The Lender may from time to time, time without notice to the Borrower, Borrower suspend, terminate or limit any further Advances, loans or other extensions of credit under this Agreement and under any of the other Financing Documents. Further, upon the occurrence of an Event of Default or Default specified in Sections 7.1.5 (Receiver; Bankruptcy) or 7.

Appears in 1 contract

Sources: Financing and Security Agreement (Dcap Group Inc/)