Common use of No Obligation to Extend Credit Clause in Contracts

No Obligation to Extend Credit. No provision of this Agreement shall be construed as obligating any Lender to advance any monies or otherwise extend credit to a Borrower at any time.

Appears in 4 contracts

Samples: Agency and Interlender Agreement (Search by HEADLINES.COM Corp.), Agency and Interlender Agreement (Vampt America, Inc.), Agency and Interlender Agreement (Coronado Corp.)

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No Obligation to Extend Credit. No provision of this Agreement shall be construed as obligating any Lender Noteholder to advance any monies or otherwise extend credit to a Borrower the Issuer at any time.

Appears in 2 contracts

Samples: Collateral Agency Agreement (DREW INDUSTRIES Inc), Trust Agreement (Drew Industries Inc)

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No Obligation to Extend Credit. No provision of this Agreement shall be construed as obligating the Collateral Agent or any Lender Noteholder to advance any monies or otherwise extend credit to a Borrower any Obligor at any time.

Appears in 2 contracts

Samples: Collateral Agency Agreement (ZaZa Energy Corp), Collateral Agency Agreement (ZaZa Energy Corp)

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