Common use of No Risk of Own Funds Clause in Contracts

No Risk of Own Funds. The Warrant Agent shall not be obligated to expend or risk its own funds or to take any action that it believes would expose or subject it to expense or liability or to a risk of incurring expense or liability, unless it has been furnished with assurances of repayment or indemnity satisfactory to it.

Appears in 28 contracts

Sources: Warrant Agreement (TNL Mediagene), Warrant Agent Agreement (Tenaya Therapeutics, Inc.), Warrant Agreement (Greenfire Resources Ltd.)