Common use of No Obligation to Extend Credit Clause in Contracts

No Obligation to Extend Credit. Upon notice from the Agent to any of the Borrowers, the obligations of the Lenders to make any further extensions of credit hereunder shall terminate.

Appears in 2 contracts

Samples: Credit Agreement (Ski Lifts Inc), Credit Agreement (Booth Creek Ski Holdings Inc)

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No Obligation to Extend Credit. Upon notice from by the Agent to any of the BorrowersCompany, the obligations of the Lenders to make any further extensions of credit hereunder shall automatically terminate.

Appears in 1 contract

Samples: Credit Agreement (American Annuity Group Inc)

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No Obligation to Extend Credit. Upon notice from the Agent to any of the BorrowersBorrower, the obligations of the Lenders to make any further extensions of credit hereunder shall terminate.

Appears in 1 contract

Samples: Credit Agreement (Chemfab Corp)

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