No Obligation to Advance. Nothing herein contained shall in any way obligate the Collateral Agent to advance any funds, or otherwise make or continue to make any credit available, to the Corporation.
No Obligation to Advance. The preparation, execution or registration of this Charge will not bind us to advance the Principal Amount, nor will the advance of a part of the Principal Amount bind us to advance or readvance any other portion of the Principal Amount, or allow you to make any other indebtedness or liability to us, but nevertheless the security on the Property shall take effect immediately on execution of this Charge by you.
No Obligation to Advance. Nothing herein contained shall in any way obligate the Secured Party to advance any funds or otherwise make or continue to make any credit available to the Pledgor.
No Obligation to Advance. The Debtor acknowledges and agrees that none of the preparation, execution or registration of notice of this Security Agreement will bind the Secured Party to advance the monies hereby secured nor will the advance of a part of the monies hereby secured bind the Secured Party to advance any unadvanced portion thereof.
No Obligation to Advance. Notwithstanding anything in this agreement or in the Debenture contained, the Secured Party shall not be obligated thereby to make any loan or other extension of credit or further loan or extension of credit or to extend any time for payment or performance of all or any part of the Obligations.
No Obligation to Advance. Neither the execution nor delivery of this Agreement, in and of itself, shall obligate the Lenders to make any advance to the Borrower hereunder.
No Obligation to Advance. Neither the execution nor delivery of this Agreement will obligate the Creditor to advance any moneys to the Debtor.
No Obligation to Advance. The Bank is not bound to advance or re-advance all or any part of the monies secured by the Charge, notwithstanding that the Charge has been prepared, executed or registered or the Borrower has authorized its registration, or that all or part of the principal monies secured by the Charge have been advanced. All advances are to be made in such manner, at such times and in such amounts as the Bank in its sole discretion may determine. The Bank may deduct from any advance any Taxes that are due, any interest that is due and payable on the date of the advance, any legal fees and disbursements (and all applicable taxes) for preparing and registering the Charge, Costs relating to the approval, preparation or registration of the Charge or Credit Agreements, Costs respecting appraisals, inspections, mortgage insurance and title insurance and any other Costs owing to the Bank by the Borrower. Even though the Bank has not advanced all or part of the monies secured by the Charge, this Charge takes effect immediately upon the Borrower signing the Charge, and all costs and expenses owing by the Borrower under the Charge and all Costs incurred or paid by the Bank shall be payable by the Borrower immediately on demand, and if unpaid shall bear interest as provided for in Section 4 of this set of standard charge terms, and together with such interest shall be added to and form part of the Liabilities secured by the Charge and form a charge on the Lands.
No Obligation to Advance. Nothing herein shall obligate the Secured Party to make any advance or loan or future advance or loan or to renew any note or extend any time for payment of any indebtedness or liability of the Debtor to the Secured Party.
No Obligation to Advance. (BDC determines, in the end, whether any advances or further advances under the loan facility will be made.) Neither the preparation and execution of this Security Agreement nor the perfection of the Security Interests or the advance of any monies by BDC shall bind BDC to make any advance or loan or further advance or loan, or extend any time for payment of any indebtedness or liability of the Debtor to BDC.
