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 Debtor.

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, available to the DebtorPledgor.

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, or otherwise make or continue to make any credit available, available to the Debtor.

Appears in 1 contract

Samples: General Security Agreement (Astris Energi Inc)

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