No obligation to Sample Clauses

No obligation to marshal 12.1 The Lender is not required to marshal, enforce or apply under: (a) any security interest, guarantee or other entitlement held at any time by it; or (b) any money or property that it at any time holds or is entitled to receive.

No obligation to. Advance Principal Amount ----------------------------------------- Nothing herein shall obligate the Lender to make advances or further advances of the Principal Amount to the Borrower, whether or not repayments of the Principal Amount have been made hereunder, it being acknowledged by the Borrower that the credit facilities extended by the Lender to the Borrower under this Note are of a non-revolving nature and advances of the Principal Amount by the Lender to the Borrower are within the sole discretion of the Lender.

No obligation to marshal The Security Trustee is not required to marshal or to enforce or apply under, or appropriate, recover or exercise: (a) any Security Interest or Collateral Security held, at any time, by the Security Trustee; or (b) any moneys or assets which the Security Trustee, at any time, holds or is entitled to receive.

No obligation to. REGISTER SHARES. The Investor further acknowledges and understands that, except as provided in Section 7 of this Agreement, the Company is under no obligation to register the Shares. The Investor understands that the certificate evidencing the Shares will be imprinted with a legend which prohibits the transfer of the Shares unless they are registered or such registration is not required in the opinion of counsel for the Company.

No obligation to marshal (a) any security interest, guarantee or other entitlement held at any time by it; or (b) any money or property that it at any time holds or is entitled to receive.

No obligation to marshal (a) any Encumbrance, Guarantee or Collateral Security or other document or agreement held, at any time, by or on behalf of that or any other Finance Party; or (b) any money or asset which that Finance Party, at any time, holds or is entitled to receive.

No obligation to marshal Before the Secured Party enforces the Security Interest created under this document, it is not required to marshal or to enforce or apply under, or appropriate, recover or exercise: (a) any Security Interest held, at any time, by the Secured Party; or (b) any moneys or assets which the Secured Party, at any time, holds or is entitled to receive.

No obligation to. PROGRESS P93/01 PROGRAM. Prosidion shall have no obligation to progress the P93/01 Program.

No obligation to certify Commercial Acceptance early‌ Notwithstanding any other provision of this Agreement, the State Representative is under no obligation to certify Commercial Acceptance prior to the Date for Commercial Acceptance (as defined at Financial Close) or before the end of the State Access Period, regardless of whether Commercial Acceptance has been achieved prior to the Date for Commercial Acceptance or before the end of the State Access Period. 21 DEFECTS‌ (a) (All Defects): Subject to Clauses 15.6(a), 21(b), 21(e) and 21(g), Project Co must rectify all Defects during the Term regardless of whether or not such Defects are the subject of a notice under this Clause 21. (b) (Notice): If the State Representative is of the opinion that there is a Defect, then the State Representative may give a notice to Project Co specifying the Defect, requiring Project Co to rectify the Defect and specifying a reasonable time within which this must occur. (c) (Project Co to rectify): If a notice is given under Clause 21(b), Project Co must rectify the Defect within the time specified in the State Representative’s notice. (d) (State may rectify): If the Defect is not rectified by Project Co within the time specified in the State Representative’s notice, then the State is entitled to rectify the Defect itself or engage a third party to rectify the Defect and the cost of any such rectification work will be a debt due and payable by Project Co to the State. (e) (Not affected): Neither the State’s rights, nor Project Co’s liability, whether in accordance with this Agreement or otherwise at Law in connection with Defects will be: (i) affected or limited by the rights conferred upon the State by this Clause 21 or any other provision of this Agreement; or (ii) affected or limited by the failure of the State to exercise any such rights.

No obligation to. Register Non-voting or Limited-voting Ordinary Shares. ---------------------------------------------------------------------- Notwithstanding any other provision of this Agreement, the Company shall have no obligation to register any Ordinary Shares that carry no voting rights or have limited voting rights ("Class B Ordinary Shares") relative to the majority of the Ordinary Shares outstanding (for purposes of this Section 1.13 only, "Class A Ordinary Shares"), until such time as such Class B Ordinary Shares shall be converted into Class A Ordinary Shares.