Common use of No Commitment Clause in Contracts

No Commitment. The furnishing of this Agreement and other modification documents shall in no way be construed as a commitment by Lender to modify, amend, extend or otherwise alter the Loan Documents. Lender shall be under no obligation to close the transaction evidenced by this Agreement unless this Agreement and all related documents are returned to Lender fully executed by Borrower, and unless this Agreement is actually executed by Lender and delivered to Borrower.

Appears in 14 contracts

Samples: First Agreement, Credit Loan Agreement, Credit Loan Agreement

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No Commitment. The furnishing of this Agreement and other modification documents shall in no way be construed as a commitment by Agent or any Lender to modify, amend, extend or otherwise alter the Loan Documents. Neither Agent or any Lender shall be is under no an obligation to close the transaction evidenced by this Agreement unless this Agreement and all related documents are returned to Lender Agent fully executed by Borrower, and unless this Agreement is actually executed by Lender Agent and Lenders and delivered to Borrower.

Appears in 3 contracts

Samples: Agreement to Modify Loan Documents (Green Builders, Inc), Fourth Agreement to Modify Loan Documents (Green Builders, Inc), Second Agreement (Green Builders, Inc)

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No Commitment. The furnishing of this Agreement and other modification documents shall in no way be construed as a commitment by Lender to modify, amend, extend or otherwise alter the Loan Documents. Lender shall be under no obligation to close the transaction evidenced by this Agreement unless this Agreement and all related documents are returned to Lender fully executed by Borrower, and unless this Agreement is actually executed by Lender and delivered to Borrower. 20.

Appears in 1 contract

Samples: Modify Loan Agreement Agreement

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