No Obligation to Advance Funds Sample Clauses

No Obligation to Advance Funds. The Trustee shall have no obligation to advance its individual funds for any purpose, and shall have no obligation to distribute to the CKX Stockholders or any third party any property held or to be held by the Trustee or amounts paid to or to be paid to the Trustee until such property is received or amounts are collected (as applicable) by the Trustee.
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No Obligation to Advance Funds. The Trustee will not be required to pay premiums of insurance, taxes or charges for public utility services and late payments, or costs of repair or maintenance of the Property or legal fees or disbursements of counsel except to funds available and provided therefor by the Issuers as provided for in Section 10.02 hereof.
No Obligation to Advance Funds. EAT shall have no obligation to advance funds to acquire, own, manage, lease or transfer the Replacement Property or construct the Replacement Property Improvements in excess of the aggregate of any of the following that apply: (i) the Third Party Loan, (ii) the Exchangor Loan and (iii) Exchange Proceeds.
No Obligation to Advance Funds. Manager is under no obligation to advance any of its funds to pay any expense, tax or charge on behalf of Owner. If Manager choose to advance funds, Owner will, upon demand, promptly repay the amount to Manager. If advances are not repaid within 30 days of Manager’s demand, Manager is entitled to charge Owner interest on any unpaid amounts at the rate of 21% per year, until paid in full. Owner is responsible for any collection fees, including reasonable attorneys' fees, incurred by Manager in connection with collection efforts.
No Obligation to Advance Funds. Nothing herein shall be ------------------------------ deemed to require Depositary to advance funds on behalf of Buyer.
No Obligation to Advance Funds. Owner and Manager hereby agree that any excess of the compensation, Reimbursable Costs and other costs and expenses payable to or incurred by Consultant, on behalf of Owner in' discharging its obligations and duties hereunder, over the balance available in the Operating Account for the satisfaction thereof shall be borne solely by Owner, and Consultant shall not be obligated to advance its funds therefor, except for those expenses which are to be borne solely by Consultant as set forth in Schedule 7. 1. To the extent Owner fails to make funds available to Consultant for the payment of such items, Consultant shall be excused from such performance hereunder as relates to such failure, provided that the foregoing shall in no event excuse Manager from its obligation to pay Consultant the compensation set forth in Article VII hereof.
No Obligation to Advance Funds. Nothing herein shall be construed as requiring the Servicer to advance its own funds to prevent or cure an Event of Default or effectuate an Enforcement Procedure.
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No Obligation to Advance Funds. Manager may, but is not obligated to, advance Manager’s own funds to pay any expense, tax or charge on behalf of Owner in connection with the Residence or this Agreement. If Manager elects to advance any such funds on behalf of Owner, Owner shall repay such amount to Manager promptly after notice of demand. If such advances are not repaid within 30 days after notice of demand, Manager shall be entitled to interest on such unpaid advances at an annual rate of 21% from the date of such notice until such advance is paid in full (but if another payment date, interest rate or due date is specified in another section of this Agreement, such other payment date, interest rate or due date shall control with respect to such section). Manager has the right to record a lien against the Residence for all amounts unpaid.
No Obligation to Advance Funds. All payments to be made by the Trustee under this Agreement shall be made only from the Trust Account, and only to the extent that the Trustee shall have received sufficient funds from the Trust Account to make such payments in accordance with the terms hereof. The Trustee shall not be required to expend, advance, risk or disburse its own funds in the administration of the Trust Account. The Grantor and the Beneficiary agree that they will look solely to the Trust Account, to the extent Trust Assets are available for the distributions as herein provided.
No Obligation to Advance Funds. Manager may, but is not obligated to, advance Manager’s own funds to pay any expense, tax or charge on behalf of Owner in connection with the Condominium or this Agreement. If Manager elects to advance any such funds on behalf of Owner, Owner shall repay such amount to Manager promptly after demand. If such advances are not repaid within 30 days after demand, Manager shall be entitled to interest on such unpaid advances at an annual rate of 21% from the beginning of such 30-day period until such advance is paid in full. Manager has the right to record a lien against the Condominium for all amounts unpaid.
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