Common use of No Obligation to Purchase Clause in Contracts

No Obligation to Purchase. Nothing herein contained or done pursuant hereto shall obligate the Holder to purchase or pay for or the Corporation to issue any Class B Common Shares except those Class B Common Shares in respect of which the Holder shall have exercised its right to purchase hereunder in the manner provided herein.

Appears in 5 contracts

Samples: Letter Agreement (MedMen Enterprises, Inc.), Senior Secured Commercial Loan Agreement (MedMen Enterprises, Inc.), Senior Secured Commercial Loan Agreement (MedMen Enterprises, Inc.)

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No Obligation to Purchase. Nothing herein contained or done pursuant hereto shall obligate the Holder to purchase or pay for or the Corporation Company to issue any Class B Common Shares securities except those Class B Common Shares in respect of which the Holder shall have exercised its right to purchase hereunder in the manner provided herein.

Appears in 3 contracts

Samples: Commitment Letter (Premium Nickel Resources Ltd.), Agency Agreement (WonderFi Technologies Inc.), Share Purchase Agreement

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