Acceleration Upon Bankruptcy. All of the Obligations shall be immediately and automatically due and payable, without further act or condition, if any case under the United States Bankruptcy Code is commenced voluntarily by Borrower or involuntarily against Borrower.
Appears in 3 contracts
Samples: Credit and Security Agreement (Intranet Solutions Inc), Credit and Security Agreement (Intranet Solutions Inc), Credit and Security Agreement (Dakotah Inc)
Acceleration Upon Bankruptcy. All of the Obligations shall be immediately and automatically due and payable, without further act or condition, if any case under the United States Bankruptcy Code is commenced voluntarily by any Borrower or involuntarily against any Borrower.
Appears in 1 contract
Samples: Credit and Security Agreement (Nature Vision, Inc.)