Common use of No Obligation to Renew Clause in Contracts

No Obligation to Renew. Borrower understands and expressly agrees that Bank is under no obligation to renew or extend this Agreement, or the Note, or provide any other or additional financing. The Bank's decision with respect to any renewals, extensions or additional financing will be a separate, independent decision and may involve factors other than, or in addition to, Borrower's creditworthiness or prior relationship with Bank.

Appears in 2 contracts

Samples: Credit Agreement (King Peter J), Credit Agreement (Sunrise International Leasing Corp)

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No Obligation to Renew. The Borrower understands and expressly agrees that the Bank is under no obligation to renew or extend this Agreement, or the Note, or provide any other or additional financing. The Bank's ’s decision with respect to any renewals, extensions or additional financing will be a separate, independent decision and may involve factors other than, or in addition to, the Borrower's ’s creditworthiness or prior relationship with the Bank.

Appears in 1 contract

Samples: Loan Agreement (Titan Machinery Inc.)

No Obligation to Renew. The Borrower understands and expressly agrees that the Bank is under no obligation to renew or extend this Agreement, the Notes or the Note, Letters of Credit or provide any other or additional financing. The Bank's ’s decision with respect to any renewals, extensions or additional financing will be a separate, independent decision and may involve factors other than, or in addition to, the Borrower's ’s creditworthiness or prior relationship with the Bank.

Appears in 1 contract

Samples: Loan Agreement (Titan Machinery Inc.)

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No Obligation to Renew. The Borrower understands and expressly agrees that the Bank is under no obligation to renew or extend this Agreement, or the NoteNotes, or provide any other or additional financing. The Bank's ’s decision with respect to any renewals, extensions or additional financing will be a separate, independent decision and may involve factors other than, or in addition to, the Borrower's ’s creditworthiness or prior relationship with the Bank.

Appears in 1 contract

Samples: Loan Agreement (Titan Machinery Inc.)

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