Common use of Acceleration of Other Obligations Upon Termination of this Agreement Clause in Contracts

Acceleration of Other Obligations Upon Termination of this Agreement. Upon termination of this Agreement whether pursuant to Section 6 or due to the occurrence of a Material Event of Default pursuant to Section 11, the Obligations owed under the Term Loan Documents or any other Loan Documents shall be accelerated and shall be due, owing and payable in full at such time, including without limitation, all Lender Expenses.

Appears in 2 contracts

Samples: Loan and Security Agreement (Visualant Inc), Loan and Security Agreement (Great American Group, Inc.)

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Acceleration of Other Obligations Upon Termination of this Agreement. Upon termination of this Agreement whether pursuant to Section 6 or due to the occurrence of a Material Event of Default pursuant to Section 11II , the Obligations owed under the Term Loan Documents or any other Loan Documents shall be accelerated and shall be due, owing and payable in full at such time, including without limitation, all Lender Expenses.

Appears in 1 contract

Samples: Loan and Security Agreement (Vertical Branding, Inc.)

Acceleration of Other Obligations Upon Termination of this Agreement. Upon termination of this Agreement whether pursuant to Section 6 or due to the occurrence of a Material an Event of Default pursuant to Section 11, the Obligations owed under the Term Tenn Loan Documents or any other Loan Documents shall be accelerated and shall be due, owing and payable in full at such time, including without limitation, all Lender Expenses.

Appears in 1 contract

Samples: Loan and Security Agreement (DecisionPoint Systems, Inc.)

Acceleration of Other Obligations Upon Termination of this Agreement. Upon termination of this Agreement whether pursuant to Section 6 or due to the occurrence of a Material Event of Default default pursuant to Section 11, the Obligations owed under the Term Loan Documents 11 or any other Loan Documents shall be accelerated and shall be due, owing and payable in full at such time, including without limitation, all Lender Expenses.

Appears in 1 contract

Samples: Loan and Security Agreement (Andalay Solar, Inc.)

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Acceleration of Other Obligations Upon Termination of this Agreement. Upon termination of this Agreement whether pursuant to Section 6 or due to the occurrence of a Material Event of Default default pursuant to Section 11, the Obligations owed under the Term Loan Documents 11 or any other Loan Documents shall be accelerated and shall be due, owing and payable in full at such time, including without limitation, all Lender Lenders Expenses.

Appears in 1 contract

Samples: Loan and Security Agreement (T3 Motion, Inc.)

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