Common use of No Obligation to Provide Financial Accommodations Clause in Contracts

No Obligation to Provide Financial Accommodations. The Subordinated Creditor acknowledges and agrees that this Agreement is executed and delivered to the Senior Lender to induce the Senior Lender to make financial accommodations available to the Borrower, but this Agreement does not obligate the Senior Lender to make any financial accommodations available to the Borrower. THE UNDERSIGNED HAS EXECUTED this Subordination Agreement as of the date first above written. LEONITE CAPITAL LLC By: /s/ Avi Xxxxxx Name: Avi Xxxxxx Its: CIO Address for Notices: 0 Xxxxxxxxx Xxxxxx Xxxxx Xxxxx 000 Xxxxxx Xxxxxx, XX 00000

No Obligation to Provide Financial Accommodations. The Subordinated Creditor acknowledges and agrees that this Agreement is executed and delivered to the Senior Lender to induce the Senior Lender to make financial accommodations available to the Borrower, but this Agreement does not obligate the Senior Lender to make any financial accommodations available to the Borrower. (Signature page follows) THE UNDERSIGNED HAS EXECUTED this Subordination Agreement as of the date first above written. LEONITE CAPITAL LLC By: /s/ Avi Xxxxxx Name: Avi Xxxxxx Its: CIO Address for Notices: 0 Xxxxxxxxx Xxxxxx Xxxxx Xxxxx 000 Xxxxxx Xxxxxx, XX 00000