Common use of Renewal and Extension Clause in Contracts

Renewal and Extension. In the event the Loan is renewed and extended, then the terms and provisions of this Agreement shall continue in full force and effect, except as may otherwise be agreed in writing by the Borrower and the Bank. Notwithstanding the foregoing, nothing contained in this Agreement shall be construed as obligating the Bank to agree or consent to any such renewal and extension.

Renewal and Extension. In the event the Loan is renewed and --------------------- extended, then the terms and provisions of this Agreement shall continue in full force and effect, except as may otherwise be agreed in writing by the Borrower and the Bank. Notwithstanding the foregoing, nothing contained in this Agreement shall be construed as obligating the Bank to agree or consent to any such renewal and extension.

Renewal and Extension. In the event the Revolving Loan is renewed and extendedextended at maturity, then the terms and provisions of this Agreement shall continue in full force and effecteffect with respect to the Revolving Loan, except as may otherwise be agreed in writing by the Borrower Borrowers and the Bank. Notwithstanding the foregoing, nothing contained in this Agreement shall be construed as obligating the Bank to agree or consent to any such renewal and extension, and the Borrowers acknowledge that the Bank has not made or given any assurances regarding renewal and extension of the Revolving Loan.