Common use of No Obligation to Advance Clause in Contracts

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.

Appears in 4 contracts

Samples: Securities Pledge Agreement (Hockey Co), Securities Pledge Agreement (Hockey Co), General Security Agreement (Hockey Co)

AutoNDA by SimpleDocs

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.

Appears in 1 contract

Samples: Trust Monies Account Hypothecation Agreement (Hudson Bay Exploration & Development CO LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!