Common use of No Obligation to Advance Clause in Contracts

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.

Appears in 2 contracts

Samples: Pledge Agreement (Sun Media Corp), Pledge Agreement (Sun Media Corp)

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No Obligation to Advance. Nothing herein contained shall in any way obligate the Secured Party to advance any funds funds, or otherwise make or continue to make any credit available available, to the PledgorDebtor.

Appears in 2 contracts

Samples: General Security Agreement (Global Entertainment Holdings, Inc.), General Security Agreement (Global Entertainment Holdings, Inc.)

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No Obligation to Advance. Nothing herein contained shall in any way obligate the Secured Party to advance any funds funds, or otherwise make or continue to make any credit available to the PledgorDebtor.

Appears in 1 contract

Samples: General Security Agreement (Astris Energi Inc)

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