Renewals, Extensions, Additional Loans Sample Clauses

Renewals, Extensions, Additional Loans. Each Note, Line, and Letter of Credit referenced in this Agreement contains its own repayment terms and maturity. Borrower acknowledges the enforceability of such specific terms and acknowledges that there is no agreement, representation, or assurance by the Bank that a renewal, extension, or modification of any note or loan, if such request is made by the Borrower, would be considered or approved by the Bank. Should Borrower, at any future date, request the renewal, extension, or modification of any note or loan, the decision whether to grant or allow such request shall be at the Bank's sole discretion, the Bank has no obligation or duty to the Borrower to grant such request(s) if made, and shall have no liability to the Borrower or to any other person if it declines, for any reason, to approve any such request. This Agreement shall apply to and shall control as to any subsequent renewal, extension, modification, note, loan, or other extension of credit by the Bank to the Borrower, unless specific contrary language, referencing that this Agreement does not apply, is contained in such subsequent note.