Common use of No Obligation Clause in Contracts

No Obligation. Nothing contained herein shall be construed as an obligation on the part of Secured Party to extend or continue to extend credit to Borrower.

Appears in 31 contracts

Sources: Pledge and Security Agreement (Stellar Bancorp, Inc.), Pledge and Security Agreement (Rush William M Rusty), Pledge and Security Agreement (CBTX, Inc.)

No Obligation. Nothing contained herein shall be construed as an obligation on the part of Secured Party to extend or continue to extend credit to BorrowerDebtor.

Appears in 14 contracts

Sources: Security Agreement (Lm Funding America, Inc.), Security Agreement (Lm Funding America, Inc.), Pledge and Security Agreement

No Obligation. Nothing contained herein shall be construed as an obligation on the part of Secured Party to extend or continue to extend credit to BorrowerObligor.

Appears in 12 contracts

Sources: Security Agreement (Edible Garden AG Inc), Unit Pledge Agreement (Desert Capital Reit Inc), Pledge and Security Agreement (Equus Ii Inc)

No Obligation. Nothing contained herein shall be construed as an obligation on the part of Secured Party to extend or continue to extend credit to Borroweror for the benefit of Grantor.

Appears in 2 contracts

Sources: Pledge and Security Agreement (General Enterprise Ventures, Inc.), Pledge and Security Agreement (BoltRock Holdings LLC)

No Obligation. Nothing contained herein shall be construed as an obligation on the part of Secured Party to extend or continue to extend credit to BorrowerBorrower or Pledgor.

Appears in 2 contracts

Sources: Pledge Agreement (Seair Group Inc), Note Purchase Agreement (Obsidian Enterprises Inc)

No Obligation. Nothing contained herein shall be construed as an obligation on the part of Secured Party to extend or continue to extend credit to Borroweror for the benefit of any Obligor.

Appears in 1 contract

Sources: Credit Agreement (Hallmark Financial Services Inc)

No Obligation. Nothing contained herein shall be construed as an obligation on the part of Secured Party to extend or continue to extend credit to BorrowerPrimary Debtor.

Appears in 1 contract

Sources: Loan and Security Agreement (Green Power Energy Holdings Corp)

No Obligation. Nothing contained herein shall be construed as an obligation on the part of Secured Party to extend or continue to extend credit to BorrowerDebtor or any other Obligor.

Appears in 1 contract

Sources: Credit Agreement (Ascent Assurance Inc)

No Obligation. Nothing contained herein shall be construed as an ------------- obligation on the part of Secured Party to extend or continue to extend credit to Borrower.

Appears in 1 contract

Sources: Credit Agreement (Data Return Corp)