No Obligation to Lend Sample Clauses

No Obligation to Lend. In the event of a Default, Bank shall have no obligation to make any Loan.
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No Obligation to Lend. We are under no obligation to lend to you at any time if an Event of Default has occurred or will occur as a result of the lending.
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No Obligation to Lend. Notwithstanding anything herein, Lender is under no obligation to make any Margin Loans to you and may decline a request to initiate a Margin Loan in its sole discretion. • Each separate Margin Loan extended under this Agreement is, subject to Section 8, due and payable on or before the 30th day after the Margin Loan is made (the “Loan Period”). You can pay off your loan at any time during the Loan Period by adding Collateral Assets to your Margin Account, closing your positions, or by instructing FTX US to sell your Collateral Assets on your behalf and use the proceeds of the sale to repay the loan. • By requesting a Margin Loan, you are instructing FTX US, after the end of the Loan Period, to open a new loan for you in the same dollar amount and subject to the same terms as the preceding loan, and to use the full amount of the loan funds to repurchase your positions at the then current exchange rate, subject to transaction fees and the terms of this Agreement. • FTX US allows you to freely transact in or withdraw your assets purchased on margin at any time, subject to your Net Collateral Equity remaining above the Initial Margin Percentage. At the end of each Loan Period, your account records will reflect the sale of Collateral Assets and related exchange fees (as applicable) and repayment of the loan. You may disable margin trading at any time during the Loan Period. • Purpose of Borrowing. • You and Lender agree that you may use the proceeds of any Margin Loan extended hereunder for the purpose of purchasing or selling Digital Assets through Agent’s trading platform, for credit to the Margin Account, or for any other purpose. Lender may, in its sole discretion, limit assets that may be purchased or sold in the Margin Account based on factors including market health, liquidity, and volatility. • You may only withdraw Collateral Assets (whether USD or Digital Assets) from your Margin Account if the Collateral Assets remaining in the Margin Account following such withdrawal satisfies the Initial Margin Percentage for the Outstanding Margin Loan Amount.
Sample 1
No Obligation to Lend. (1) The Originator undertakes to use its best endeavours to process each application from the Sub-Originator within two (2) Hours of receipt by the Originator of the Application; and
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No Obligation to Lend. NOTWITHSTANDING ANYTHING EXPRESSED OR IMPLIED HEREIN OR ELSEWHERE TO THE CONTRARY, AT NO TIME SHALL BANK BE UNDER ANY OBLIGATION TO MAKE ANY REVOLVING CREDIT LOANS TO BORROWER PURSUANT TO THIS AGREEMENT.
Sample 1
No Obligation to Lend. After the End of the Equipment Loan Period. Notwithstanding anything to the contrary in this Agreement, Secured Party shall have no obligation to make any Loans after the earlier of (a) the end of the Equipment Loan Period or (b) the date the Equipment Loan Facility terminates.
Sample 1
No Obligation to Lend. In consideration of the foregoing waivers, Borrower agrees that, so long as the Aspect Loan Agreement or the Duke Loan Agreement remains in effect and there are outstanding loans to Borrower from Aspect or Duke or commitments by Aspect or Duke in favor of Borrower under the Aspect Loan Agreement or the Duke Loan Agreement, Borrower shall not be entitled to request a Loan or Loans, and the Lender shall not be obligated to lend, any additional amount under the Credit Agreement.
Sample 1
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No Obligation to Lend. The are no obligations of Seller to lend or otherwise advance funds or make payments to Riverside or any of its affiliates in respect of any of the Acquired Assets that have not be loaned, funded or paid in full prior to the Closing Date.
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Related to No Obligation to Lend

  • No obligation to monitor No Finance Party is bound to monitor or verify the utilisation of a Facility.

  • No Obligation to Mitigate Executive shall not be required to seek other employment or otherwise to mitigate Executive's damages upon any termination of employment; provided, however, that, to the extent Executive receives from a subsequent employer health or other insurance benefits that are substantially similar to the benefits referred to in Section 5(b) hereof, any such benefits to be provided by the Company to Executive following the Term shall be correspondingly reduced.

  • No Obligation to Pursue Others Bank has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Bank may release, modify or waive any collateral provided by any other Person to secure any of the Obligations, all without affecting Bank’s rights against Borrower. Borrower waives any right it may have to require Bank to pursue any other Person for any of the Obligations.

  • No Obligation to Employ Nothing in the Plan or this Agreement shall confer on Participant any right to continue in the employ of, or other relationship with, the Company or any Affiliate, or limit in any way the right of the Company or any Affiliate to terminate Participant’s employment or other relationship at any time, with or without Cause.

  • No Obligation Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain any director and officer insurance policy if the Company determines in good faith that such insurance is not reasonably available in the case that (i) premium costs for such insurance are disproportionate to the amount of coverage provided, or (ii) the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit.

  • NO OBLIGATION TO MAINTAIN RELATIONSHIP The Company is not by the Plan or this Option obligated to continue the Participant as an employee, director or consultant of the Company or an Affiliate. The Participant acknowledges: (i) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (ii) that the grant of the Option is a one-time benefit which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (iii) that all determinations with respect to any such future grants, including, but not limited to, the times when options shall be granted, the number of shares subject to each option, the option price, and the time or times when each option shall be exercisable, will be at the sole discretion of the Company; (iv) that the Participant’s participation in the Plan is voluntary; (v) that the value of the Option is an extraordinary item of compensation which is outside the scope of the Participant’s employment contract, if any; and (vi) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments.

  • No Obligation to Inquire Without limiting the generality of the foregoing, Bank shall be under no obligation to inquire into, and shall not be liable for, the validity of the issue of any Securities, Collateral or Approved Investments held in the Account or Collateral Account, or the legality or propriety of any Loans hereunder.

  • No Obligation to Increase No current Lender shall be obligated to increase its Revolving Credit Commitment and any increase in the Revolving Credit Commitment by any current Lender shall be in the sole discretion of such current Lender.

  • No Obligations This Contract does not create any express or implied obligation that the City: i) reserve or create water or wastewater treatment capacity; ii) approve a permit or connection, which shall be granted only upon compliance with all requirements of law, including City Requirements; iii) offer utility services to any user within the Project; iv) provide a particular quantity. quality, or pressure for the water serving the Project; v) waive or not charge fees that are otherwise applicable pursuant to City Requirements; or vi) approve annexation of the Property or a particular zoning of the Property.

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