Common use of No Commitment Clause in Contracts

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 8 contracts

Sources: Intercreditor Agreement (Nedak Ethanol, LLC), Subordination Agreement (MGP Ingredients Inc), Intercreditor and Subordination Agreement (Exabyte Corp /De/)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 8 contracts

Sources: Subordination Agreement (Sportsmans Guide Inc), Subordination Agreement (San Holdings Inc), Subordination Agreement (Chaparral Network Storage Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the BorrowerBorrowers.

Appears in 5 contracts

Sources: Subordination Agreement (Miscor Group, Ltd.), Subordination Agreement (Miscor Group, Ltd.), Subordination Agreement (Miscor Group, Ltd.)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the BorrowerLoan Parties.

Appears in 4 contracts

Sources: Management Fee Subordination Agreement (1847 Goedeker Inc.), Management Fee Subordination Agreement (1847 Goedeker Inc.), Management Fee Subordination Agreement (1847 Holdings LLC)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 3 contracts

Sources: Subordination Agreement (Naturade Inc), Loan Agreement (Naturade Inc), Intercreditor Agreement (Titan Motorcycle Co of America Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of any of the Senior Lender Parties to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 2 contracts

Sources: Support and Subordination Agreement (Green Plains Renewable Energy, Inc.), Support and Subordination Agreement (Green Plains Renewable Energy, Inc.)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender Banks to make any future loans or other extensions of credit or financial accommodations to the BorrowerBorrowers.

Appears in 2 contracts

Sources: Secured Senior Lending Agreement (Pioneer Financial Services Inc), Secured Senior Lending Agreement (Pioneer Financial Services Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior either Lender to make any future loans or other extensions of credit or financial accommodations to the BorrowerBorrowers.

Appears in 1 contract

Sources: Subordination Agreement (Miscor Group, Ltd.)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the Borrower, or any of the Subsidiaries.

Appears in 1 contract

Sources: Credit and Security Agreement (Autotradecenter Com Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior any Lender to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 1 contract

Sources: Subordination Agreement (Sheldahl Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the BorrowerBorrowers.

Appears in 1 contract

Sources: Subordination Agreement (Nature Vision, Inc.)

No Commitment. None of the provisions of this Agreement shall be ------------- deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to enter into the modifications of the existing loans, extensions of credit and financial accommodations to the Borrower referred to above or to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 1 contract

Sources: Subordination Agreement (Teletouch Communications Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the BorrowerCompany.

Appears in 1 contract

Sources: Intercreditor Agreement (Russ Berrie & Co Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender Lenders to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 1 contract

Sources: Senior Lending Agreement (Pioneer Financial Services Inc)

No Commitment. None of the provisions previsions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 1 contract

Sources: Debt Subordination Agreement (JanOne Inc.)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender Agent or Senior Lenders to make any future loans or other extensions of credit or financial accommodations to the BorrowerCompanies or to any affiliates of the Companies.

Appears in 1 contract

Sources: Subordination and Intercreditor Agreement (Teletouch Communications Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender Bank to make any future loans or other extensions of credit or financial accommodations to the Borrower.

Appears in 1 contract

Sources: Debt Subordination Agreement (K Tel International Inc)

No Commitment. None of the provisions of this Agreement shall be deemed or construed to constitute or imply any commitment or obligation on the part of the Senior Lender to make any future loans or other extensions of credit or financial accommodations to the BorrowerIngredients.

Appears in 1 contract

Sources: Subordination Agreement (MGP Ingredients Inc)