Common use of No Commitment for Additional Financing Clause in Contracts

No Commitment for Additional Financing. The Claimholder acknowledges and agrees that the Funder has not made any representation, undertaking, commitment or agreement to provide or assist the Claimholder in obtaining any financing, investment or other assistance, other than as set forth in this Agreement. In addition, the Claimholder acknowledges and agrees that an obligation, commitment or agreement to provide or assist the Claimholder in obtaining any financing or investment other than by way of this Agreement may only be created by a separate written agreement, signed by the Parties, setting forth the terms and conditions of such additional financing or investment and stating that the Parties intend for such writing to be a binding obligation or agreement.

Appears in 4 contracts

Samples: International Claims Enforcement Agreement (Odyssey Marine Exploration Inc), International Claims Enforcement Agreement (Odyssey Marine Exploration Inc), International Claims Enforcement Agreement (Odyssey Marine Exploration Inc)

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