All Loans One Obligation. All Loans under this Agreement shall constitute one Loan, and all Indebtedness and other Obligations shall constitute one general obligation secured by the Lien granted by the Borrower hereunder on all of the Collateral and by all other Liens heretofore, now or at any time or times hereafter granted by the Borrower or any other Obligor to secure the Obligations. The Borrower agrees that all of the rights of the Lender set forth in the Loan Documents shall, unless otherwise agreed to in writing, apply to any modification of or supplement to the Loan Documents.
Appears in 3 contracts
Samples: Credit and Security Agreement (Premiumwear Inc), Credit and Security Agreement (Cryenco Sciences Inc), Credit and Security Agreement (Primegg LTD)
All Loans One Obligation. All Loans under this Agreement shall constitute one Loan, and all Indebtedness and other Obligations shall constitute one general obligation obligation, secured by the Lien granted by the Borrower Borrowers hereunder on all of the Collateral and by all other Liens heretofore, now or at any time or times hereafter granted by the Borrower or any other Obligor to secure the Obligations. The Borrower agrees Borrowers agree that all of the rights of the Lender set forth in the Loan Documents shall, unless otherwise agreed to in writing, apply to any modification of or supplement to the Loan Documents.
Appears in 1 contract
Samples: Credit and Security Agreement (Simon Transportation Services Inc)
All Loans One Obligation. All Loans under this Agreement shall constitute one Loan, and all Indebtedness and other Obligations Liabilities shall constitute one general obligation obligation, secured by the Lien granted by the Borrower hereunder on all of the Collateral and by all other Liens heretofore, now or at any time or times hereafter granted by the Borrower or any other Obligor to secure the ObligationsLiabilities. The Borrower agrees that all of the rights of the Lender set forth in the Loan Documents shall, unless otherwise agreed to in writing, apply to any modification of or supplement to the Loan Documents.
Appears in 1 contract
All Loans One Obligation. All Loans under this Agreement shall constitute one Loan, and all Indebtedness and other Obligations shall constitute one general obligation obligation, secured by the Lien granted by the Borrower hereunder on all of the Collateral and by all other Liens heretofore, now or at any time or times hereafter granted by the Borrower or any other Obligor to secure the Obligations. The Borrower agrees that all of the rights of the Lender set forth in the Loan Documents shall, unless otherwise agreed to in writing, apply to any modification of or supplement to the Loan Documents.
Appears in 1 contract
Samples: Credit and Security Agreement (Lifecore Biomedical Inc)