Common use of Termination of Obligation to Advance Clause in Contracts

Termination of Obligation to Advance. Terminate any obligation of Lenders to lend under this Agreement in its entirety, or any portion of any such commitment, to the extent Agent shall deem appropriate, all without notice to Borrower.

Appears in 6 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

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Termination of Obligation to Advance. Terminate any obligation of the Lenders to lend under this Agreement in its entirety, or any portion of any such commitment, to the extent Agent shall deem appropriate, all without notice to Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan, Security and Agency Agreement (Silverleaf Resorts Inc)

Termination of Obligation to Advance. Terminate any obligation of Lenders Lender to lend under this Agreement in its entirety, or any portion of any such commitment, to the extent Agent Lender shall deem appropriate, all without notice to Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

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Termination of Obligation to Advance. Terminate any obligation of Lenders to lend under this Agreement in its entirety, or any portion of any such commitment, to the extent Agent shall deem appropriate, all without notice to BorrowerBorrower (except as required under applicable law).

Appears in 1 contract

Samples: Acquisition, Construction and Receivable Loan, Security and Agency Agreement (Bluegreen Corp)

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