Common use of FUTURE CREDIT ACCOMMODATIONS Clause in Contracts

FUTURE CREDIT ACCOMMODATIONS. Borrower may apply for future loans, renewals of unpaid balances, re-financings, re-schedulings, or other credit facilities or accommodations. Each loan application Borrower submits will be evaluated for eligibility and creditworthiness at the time of its submission. Nothing in this Agreement or any other agreement between Borrower and Lender shall be construed to obligate Lender to restructure or renew any unpaid balance, any part thereof, or to make any additional or future loans or financial accommodations to Borrower.

Appears in 9 contracts

Sources: Master Loan Agreement (American Picture House Corp), Master Loan Agreement (American Picture House Corp), Master Loan Agreement (American Picture House Corp)

FUTURE CREDIT ACCOMMODATIONS. Borrower may apply for future loans, renewals of unpaid balances, re-financingsrefinancings, re-schedulingsreschedulings, or other credit facilities or accommodations. Each loan application Borrower submits will be evaluated for eligibility and creditworthiness at the time of its submission. Nothing in this Agreement or any other agreement between Borrower and Lender shall be construed to obligate Lender to restructure or renew any unpaid balance, any part thereof, or to make any additional or future loans or financial accommodations to Borrower.

Appears in 3 contracts

Sources: Master Loan Agreement, Master Loan Agreement (Limoneira CO), Master Loan Agreement (Limoneira CO)