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.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
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.
Sample 1Sample 2
No Obligation to Lend. (1) The Originator undertakes to use its best endeavors to process each application submitted by a broker of the Sub originator within two (24) Hours of receipt by the Originator of the Application; and (2) The Originator is under no obligation to give its Approval to any Participating Loan or give any reasons for refusing to give its Approval.
Sample 1
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. 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. 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
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
AutoNDA by SimpleDocs
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.
Sample 1

Related to No Obligation to Lend

  • No obligation to monitor No Finance Party is bound to monitor or verify the utilisation of the 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 the Participant any right to continue in the employ of, or other relationship with, the Company or any Parent, Subsidiary or Affiliate or limit in any way the right of the Company or any Parent, Subsidiary or Affiliate to terminate the Participant’s employment or service 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 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.

  • No Obligation to Act The Agent shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section 10.1 herein, but if the Agent elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power, and shall not be responsible to the Borrower for any act or omission to act except for any act or omission to act as to which there is a final determination made in a judicial proceeding (in which proceeding the Agent has had an opportunity to be heard) which determination includes a specific finding that the subject act or omission to act had been grossly negligent or in actual bad faith.

  • Exception to Obligations Neither Party's obligations under this Section shall apply to the extent the infringement is caused by: (i) modification of the facilities or equipment (including software) by the indemnitee; (ii) use by the indemnitee of the facilities or equipment (including software) in combination with equipment or facilities (including software) not provided or authorized by the indemnitor, provided the facilities or equipment (including software) would not be infringing if used alone; (iii) conformance to specifications of the indemnitee which would necessarily result in infringement; or (iv) continued use by the indemnitee of the affected facilities or equipment (including software) after being placed on notice to discontinue use as set forth herein.

  • No Obligation to Mitigate Damages Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by Employee as a result of employment by another employer or by retirement benefits after the Date of Termination, or otherwise, except to the extent provided in Section 3 above.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!