Common use of No Release of Collateral Clause in Contracts

No Release of Collateral. Borrower further acknowledge and agree that this Agreement shall in no way occasion a release of any collateral held by Lender as security to or for the Loan, and that all collateral held by Lender as security to or for the Loan shall continue to secure the Loan.

Appears in 4 contracts

Samples: Loan Documents Modification Agreement (Professional Transportation Group LTD Inc), Loan Documents Modification Agreement (Professional Transportation Group LTD Inc), Loan Documents Modification Agreement (Professional Transportation Group LTD Inc)

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No Release of Collateral. Borrower further acknowledge acknowledges and agree agrees that this Agreement shall in no way occasion a release of any collateral held by Lender Bank as security to or for the Loan, and that all collateral held by Lender Bank as security to or for the Loan shall continue to secure the Loan.

Appears in 1 contract

Samples: Waiver Agreement (Innotrac Corp)

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No Release of Collateral. Borrower further acknowledge acknowledges and agree agrees that this Agreement shall in no way occasion a release of any collateral held by Lender as security to or for the Loan, and that all collateral held by Lender as security to or for the Loan shall continue to secure the Loan.

Appears in 1 contract

Samples: Loan Documents Modification Agreement (Suburban Lodges of America Inc)

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