No Further Forbearance Implied Sample Clauses

No Further Forbearance Implied. Each Obligated Party acknowledges that Standard Federal has no obligation to continue making loans; again extend the term of the Forbearance Period; or forbear from enforcing its rights and remedies after the Forbearance Period, and nothing contained herein or otherwise is intended to be or is a promise or agreement to continue making loans; or extend the term of the Forbearance Period beyond the extended expiration thereof. Furthermore, no future agreement by Standard Federal to continue making loans; or to extend the term of the Forbearance Period beyond the expiration thereof, or any other agreement, is valid or enforceable unless it is contained in a written agreement signed by Standard Federal.
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No Further Forbearance Implied. Each Party acknowledges that NBD has no obligation to continue making Loans or extend the term of the Forbearance Period or forbear from enforcing its fights and remedies after the Forbearance Period, and nothing contained herein or otherwise is intended to be or is a promise or agreement to continue making Loans, or to extend the term of the Forbearance Period beyond the expiration thereof. Furthermore, no future agreement by NBD to continue making Loans, or to extend the term of the Forbearance Period beyond the expiration thereof, or any other agreement, is valid or enforceable unless it is contained in a written agreement signed by NBD.
Sample 1
No Further Forbearance Implied. THE BORROWER AND RIVIERA ACKNOWLEDGE THAT (a) NBD DOES NOT INTEND, NOR DOES NBD HAVE ANY OBLIGATION, TO EXTEND LOANS, ADVANCES OR OTHER FINANCIAL ACCOMMODATIONS TO THE PARTIES HERETO BEYOND AUGUST 31, 1995, (b) NBD DOES NOT INTEND TO FORBEAR FROM ENFORCING ITS RIGHTS AND REMEDIES AFTER AUGUST 31, 1995, AND NOTHING CONTAINED HEREIN OR OTHERWISE IS INTENDED TO BE A PROMISE OR AGREEMENT TO MAKE ADVANCES UNDER THE WORKING CAPITAL REVOLVING CREDIT NOTE AFTER AUGUST 31, 1995 OR TO EXTEND THE TERMS OF THIS AGREEMENT BEYOND AUGUST 31, 1995, (c) ALL OF THE OBLIGATIONS ARE DUE, ABSENT AN EARLIER DEFAULT UNDER THE LOAN DOCUMENTS, ON OR BEFORE AUGUST 31, 1995, AND (d) NBD INTENDS TO TAKE ANY STEPS NECESSARY TO ASSURE SATISFACTION OF THE OBLIGATIONS IN FULL BY AUGUST 31, 1995 OR AS SOON THEREAFTER AS POSSIBLE. THE BORROWER, RIVIERA, RIETX XXX HOLDING HAVE BEEN ADVISED THAT THEY SHOULD PURSUE ALTERNATIVE FINANCING SOURCES.
Sample 1
No Further Forbearance Implied. Each Party acknowledges that NBD has no obligation to continue making loans or extend the term of the Forbearance Period or forbear from enforcing its rights and remedies after the Forbearance Period, and nothing contained herein or otherwise is intended to be or is a promise or agreement to continue making loans, or extend the term of the Forbearance Period beyond the expiration thereof. Furthermore, no future agreement by NBD to continue making loans, or to extend the term of the Forbearance Period beyond the expiration thereof, or any other agreement, is valid or enforceable unless it is contained in a written agreement signed by NBD. ABSENT A WRITTEN AGREEMENT BETWEEN NBD AND THE PARTIES TO THE CONTRARY, ALL OF THE OBLIGATIONS, EXCLUDING THE OBLIGATIONS UNDER AMENDED TERM NOTE A AND AMENDED TERM NOTE B, SHALL BE DUE AND PAYABLE IN FULL UPON THE EARLIER OF DEMAND OR EXPIRATION OF THE FORBEARANCE PERIOD. ABSENT A WRITTEN AGREEMENT BETWEEN NBD AND THE PARTIES TO THE CONTRARY, AND ABSENT ACCELERATION BY NBD IN ACCORDANCE WITH THE LOAN DOCUMENTS, ALL OF THE OBLIGATIONS UNDER AMENDED TERM NOTE A AND AMENDED TERM NOTE B SHALL BE DUE AND PAYABLE IN FULL UPON EXPIRATION OF THE FORBEARANCE PERIOD.
Sample 1
No Further Forbearance Implied. Borrower and Riviera acknowledge that NBD has no obligation to continue making advances under the Working Capital Facility or otherwise or to extend the term of the Forbearance Period or forbear from enforcing their respective rights and remedies after the Forbearance Period, and nothing contained herein or otherwise is intended to be a promise or agreement to make advances under the Working Capital Facility or otherwise or to extend the terms of the Forbearance Period beyond November 30, 1994. Furthermore, no future agreement by NBD to make advances to the Borrower or to extend the term of the Forbearance Period beyond November 30, 1994, or any other agreement, shall be valid or enforceable unless it is contained in a written agreement signed by NBD.
Sample 1
No Further Forbearance Implied. THE BORROWER AND RIVIERA ACKNOWLEDGE THAT (a) NBD DOES NOT INTEND, NOR DOES NBD HAVE ANY 143
Sample 1
No Further Forbearance Implied. THE BORROWER AND RIVIERA ACKNOWLEDGE THAT (a) NBD DOES NOT INTEND, NOR DOES NBD HAVE ANY OBLIGATION, TO EXTEND LOANS, ADVANCES OR OTHER FINANCIAL ACCOMMODATIONS TO THE PARTIES HERETO BEYOND NOVEMBER 30, 1996, (b) NBD DOES NOT INTEND TO FORBEAR FROM ENFORCING ITS RIGHTS AND REMEDIES AFTER NOVEMBER 30, 1996, AND NOTHING CONTAINED HEREIN OR OTHERWISE IS INTENDED TO BE A PROMISE OR AGREEMENT TO MAKE ADVANCES UNDER THE WORKING CAPITAL REVOLVING CREDIT NOTE AFTER NOVEMBER 30, 1996 OR TO EXTEND THE TERMS OF THIS AGREEMENT BEYOND NOVEMBER 30, 1996, (c) ALL OF THE OBLIGATIONS ARE DUE, ABSENT AN EARLIER DEFAULT UNDER THE LOAN DOCUMENTS, ON OR BEFORE NOVEMBER 30, 1996, AND (
Sample 1
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No Further Forbearance Implied. Each Party acknowledges that Lenders have no obligation to extend the term of the Forbearance Period, or forbear from enforcing their rights and remedies after the Forbearance Period, and nothing contained herein or otherwise is intended to be or is a promise or agreement to continue making loans beyond the Forbearance Period, or extend the term of the Forbearance Period beyond the expiration thereof. Furthermore, no future agreement by Lenders to continue making loans, or to extend the term of the Forbearance Period beyond the expiration thereof, or any other agreement, is valid or enforceable unless it is contained in a written agreement signed by Lenders or Bank One as Agent.
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No Further Forbearance Implied. Nothing herein shall constitute or be deemed to constitute an obligation or agreement on the part of the City or the County, express or implied, to further forbear the exercise of any rights and remedies they may have beyond the termination of this Agreement.
Sample 1

Related to No Further Forbearance Implied

  • No Further Rights After payment of the full amount of the liquidating distributions to which they are entitled, the holders of Series B Preferred Units will have no right or claim to any of the remaining assets of the Partnership.

  • No Further Claims (a) The parties bound by this agreement acknowledge that this Agreement settles all claims in relation to the terms and conditions of employment of the employees to whom it applies and agree that they will not pursue any extra claims during the term of this Agreement. (b) Subject to an employer meeting its obligations to consult arising under this Agreement or a contract of employment, it is not the intent of this provision to inhibit, limit or restrict an employer’s right or ability to introduce change at the workplace.

  • No Further Modification Except as set forth in this Amendment, all of the terms and provisions of the Lease shall remain unmodified and in full force and effect.

  • No Further Representations Except for the representations and warranties specifically set forth in this Article 3, neither it nor its Subsidiaries nor any other person makes or shall be deemed to make any representation or warranty to the other party, express or implied, at law or in equity, with respect to the transactions contemplated by this Agreement and it hereby disclaims any such representation or warranty whether by it or any of its officers, directors, employees, agents, representatives or any other person. It acknowledges and agrees that, except for the representations and warranties specifically set forth in this Article 3, neither the other party nor its Subsidiaries makes or shall be deemed to make any representation or warranty to it, express or implied, at law or in equity, with respect to the transactions contemplated by this Agreement.

  • No Further Amendment Except as expressly amended hereby, the Agreement is in all respects ratified and confirmed and all the terms, conditions, and provisions thereof shall remain in full force and effect. This Amendment is limited precisely as written and shall not be deemed to be an amendment to any other term or condition of the Agreement.

  • No Further Changes 2.1 Other than the specific amendment agreed upon herein, all other terms of the Employment Agreement shall remain unchanged, shall be in full force and effect, and shall govern this Amendment.

  • No Further Modifications Except as modified herein, all of the terms and conditions of the Credit Agreement, as modified hereby shall remain in full force and effect and, as modified hereby, the Borrower confirms and ratifies all of the terms, covenants and conditions of the Credit Agreement in all respects.

  • No Further Obligations Except as expressly provided above or as otherwise required by law, the Company will have no obligations to Employee in the event of the termination of this Agreement for any reason.

  • No Further Amendments Except as previously amended in writing or as amended hereby, the Original Credit Agreement shall remain unchanged and all provisions shall remain fully effective between the parties.

  • No Further Obligation Except for the obligation to make the Capital Contribution required to be made by Section 4.1, the Member shall not have any obligation to provide funds to the Company, whether by Capital Contributions, loans, return of monies received pursuant to the terms of this Agreement or otherwise.

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