Banks Have No Duty To Make Advances. No Bank shall at any time be under any duty to Guarantor to grant any financial accommodation to Borrower, irrespective of any duty or commitment of any of the Banks to Borrower, or to follow or direct the application of the proceeds of any such financial accommodation;
Appears in 3 contracts
Samples: Credit Agreement (Amcast Industrial Corp), Assignment and Acceptance Agreement (Oglebay Norton Co), Amcast Industrial Corp
Banks Have No Duty To Make Advances. No Bank shall at any time be ------------------------------------ under any duty to Guarantor to grant any financial accommodation to Borrower, irrespective of any duty or commitment of any of the Banks to Borrower, or to follow or direct the application of the proceeds of any such financial accommodation;
Appears in 2 contracts
Samples: Assignment Agreement (Oglebay Norton Co /New/), Assignment and Acceptance Agreement (Oglebay Norton Co /New/)
Banks Have No Duty To Make Advances. No Bank shall at any time be under any duty to Guarantor to grant any financial accommodation to any Borrower, irrespective of any duty or commitment of any of the Banks to such Borrower, or to follow or direct the application of the proceeds of any such financial accommodation;
Appears in 2 contracts
Samples: Credit Agreement (MTC Technologies Inc), Intercreditor Agreement (Cedar Fair L P)
Banks Have No Duty To Make Advances. No Bank shall at any time be under any duty to Guarantor to grant any financial accommodation to any Borrower, irrespective of any duty or commitment of any of the Banks to Borrower, or to follow or direct the application of the proceeds of any such financial accommodation;
Appears in 1 contract
