Common use of No Obligation to Extend Clause in Contracts

No Obligation to Extend. Notwithstanding Maker's right to ----------------------- extend the Maturity Date of the Loan as set forth hereinabove, Maker hereby agrees that Payee shall have no commitment or obligation to extend the Maturity Date beyond January 12, 2004.

No Obligation to Extend. Notwithstanding Maker's right to extend ----------------------- extend the Maturity Date of the Loan as set forth hereinabove, Maker hereby agrees that Payee ▇▇▇▇▇ shall have no commitment or obligation to extend the Maturity Date beyond January 12, 2004.