Common use of No Release of Obligations Clause in Contracts

No Release of Obligations. Nothing contained herein shall in any way release Borrower of its obligations to make all payments under the Loan Agreement, as amended hereby, or the Line of Credit Note. This Amendment does not constitute the creation of a new debt or extinguishment of the debt evidenced by the Line of Credit Note, nor shall it be deemed or construed to be a satisfaction, reinstatement, novation or release of the Line of Credit Note.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (PCI Media, Inc.), Loan Agreement (PCI Media, Inc.)

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No Release of Obligations. Nothing contained herein shall in any way release Borrower of its obligations to make all payments under the Loan AgreementLine of Credit Note, as amended hereby, or the Line of Credit Note. This Amendment does not constitute the creation of a new debt or extinguishment of the debt evidenced by the Line of Credit Note, nor shall it be deemed or construed to be a satisfaction, reinstatement, novation or release of the Line of Credit Note.

Appears in 1 contract

Samples: Loan Agreement (PCI Media, Inc.)

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No Release of Obligations. Nothing contained herein shall in any way release Borrower of its obligations to make all payments under the Loan Agreement, as amended hereby, Agreement or the Line of Credit Note, each as amended hereby. This Amendment does not constitute the creation of a new debt or extinguishment of the debt evidenced by the Line of Credit Note, nor shall it be deemed or construed to be a satisfaction, reinstatement, novation or release of the Line of Credit Note.

Appears in 1 contract

Samples: Loan Agreement (PCI Media, Inc.)

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