No Obligation to Extend. Notwithstanding Borrower’s right to extend the Initial Maturity Date of the Facility as set forth hereinabove, Borrower hereby agrees that Lenders shall have no commitment or obligation to extend the Initial Maturity Date, unless each of the conditions set forth in Section 2.7(b)(i) or (ii), as applicable, above shall have been satisfied.
No Obligation to Extend. Borrower acknowledges and agrees that, notwithstanding anything to the contrary set forth in this Amendment, Bank has no obligation to further amend the Financing Agreements or otherwise restructure the indebtedness described in this Amendment, and that neither Bank nor its representatives have made any agreements with, or commitments or representations or warranties to, Borrower (either in writing or orally) other than as expressly stated in this Amendment. Nothing contained in this Amendment, or any compliance with the terms of this Amendment or any of the instruments, agreements or documents referred to in this Amendment, shall impose any obligation on the part of Bank to consummate a further restructure of the indebtedness described in this Amendment or provide any further financial or other accommodation.
No Obligation to Extend. Borrower acknowledges that (i) Lender has not made any representations to Borrower regarding its intent to agree to Extension Requests, and (ii) Lender’s agreement to one or more Extension Requests shall not commit Lender to any additional Extension Requests.
No Obligation to Extend. Notwithstanding Maker's right to ----------------------- extend the Maturity Date of the Loan as set forth hereinabove, Maker hereby agrees that Payee shall have no commitment or obligation to extend the Maturity Date beyond January 12, 2004.
No Obligation to Extend. 1.3.1 DFAT is not obliged to extend this agreement or to enter into any further agreement with the Service Provider on the same or different terms.
No Obligation to Extend. The Account Party hereby agrees that the Issuing Bank has no commitment or obligation to extend the Expiration Date beyond December 9, 2003, unless each of the conditions for the Extension Period set forth in Section 2.2 above shall have been satisfied or waived by the Agent and the Issuing Bank with respect to such Extension Period. No extension (other than an extension at the Issuing Bank's election pursuant to Section 2.2(a)(x)) shall be effective unless and until the Agent has confirmed, in writing, the Account Party's compliance or waiver with all conditions precedent to the extension of the Expiration Date.
No Obligation to Extend. During the final year of this Agreement, the parties shall engage in good faith discussions regarding an extension of this Agreement. Neither party has an obligation of any kind to extend or supplement this Agreement, or enter into a new services agreement after the expiration of this Agreement.
No Obligation to Extend. Notwithstanding Maker's right to extend ----------------------- the Maturity Date of the Loan as set forth hereinabove, Maker hereby agrees that Xxxxx shall have no commitment or obligation to extend the Maturity Date beyond January 12, 2004.
No Obligation to Extend. MWA’s right to extend the initial term, as set forth in Paragraph A above, is not intended, and shall not be construed, to obligate MWA to extend the initial term of this Contract.
No Obligation to Extend. The Parties expressly acknowledge that in the event Lessee fails to purchase Site 3 pursuant to the terms of the Development Agreement and Purchase Agreement, the City shall not be obligated to extend, renew or otherwise amend this Lease, the Development Agreement, or the Purchase Agreement for any additional terms beyond the Renewal Terms set forth in Section 4(B)(2). In the event the Lease, Development Agreement, or the Purchase Agreement are terminated, expired or otherwise cancelled, Lessee acknowledges any Improvements installed by Lessee upon, over and under the Lease Premises shall become the property of the City without further action or instrument of conveyance. Thereafter Lessee shall have no right, claim or ownership interest in any Improvement then existing on Site 3.