Common use of No Obligation to Advance Clause in Contracts

No Obligation to Advance. Neither the execution nor delivery of this Agreement will obligate the Creditor to advance any moneys to the Debtor.

Appears in 2 contracts

Samples: General Security Agreement (Tarpon Industries, Inc.), General Security Agreement (Itex Corporation)

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No Obligation to Advance. Neither the execution nor delivery of this Agreement will shall obligate the Creditor Lender to advance any moneys to the DebtorDebtors.

Appears in 1 contract

Samples: Agreement

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No Obligation to Advance. Neither the execution nor delivery of this Agreement will agreement shall obligate the Creditor Bank to advance any moneys to the DebtorBorrower.

Appears in 1 contract

Samples: Security Agreement (LML Payment Systems Inc)

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