Common use of No Future Advance Notice Clause in Contracts

No Future Advance Notice. Neither the Collateral Agent, the Agent nor any Bank shall have received from the Borrower any notice that any Collateral Document will no longer secure on a first priority basis future advances or future Loans to be made or extended under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Storage Technology Corp), Credit Agreement (Storage Technology Corp)

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No Future Advance Notice. Neither the Collateral Agent, the Agent nor any Bank Lender shall have received from the Borrower any Loan Party or any other Person any notice that any Collateral Document will no longer secure on a first priority basis future advances or future Loans to be made or extended under this Agreement.;

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (BMC Stock Holdings, Inc.), Senior Secured Credit Agreement (BMC Stock Holdings, Inc.)

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No Future Advance Notice. Neither the Collateral Agent, the Agent nor any Bank Lender shall have received from the Borrower Credit Parties any notice that any Collateral Document will no longer secure on a first priority basis future advances or future Loans to be made or extended under this Agreement.;

Appears in 1 contract

Samples: Credit Agreement (Royal Hawaiian Orchards, L.P.)

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