Common use of No Obligation to Advance Clause in Contracts

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.

Appears in 2 contracts

Samples: Loan Agreement (World Heart Corp), Loan Agreement (World Heart Corp)

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No Obligation to Advance. Neither the execution nor delivery of this Agreement, in and of itself, shall obligate the Lenders Bank to make any advance Advances available to the Borrower hereunder.

Appears in 1 contract

Samples: Loan Agreement (DecisionPoint Systems, Inc.)

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No Obligation to Advance. Neither the execution nor delivery of this Agreement, in and of itself, shall obligate the Lenders Lender to make any advance to the Borrower hereunder.

Appears in 1 contract

Samples: Loan Agreement (Acorn Energy, Inc.)

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