CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 129 contracts
Samples: Business Loan Agreement (Quadrax Corp), Business Loan Agreement (Mackie Designs Inc), Business Loan Agreement (Mendocino Brewing Co Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a1) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (;
Appears in 8 contracts
Samples: Business Loan Agreement (Integrated Packaging Assembly Corp), Business Loan Agreement (Avid Sportswear & Golf Corp), Business Loan Agreement (Gerimed of America Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, Borrower whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 4 contracts
Samples: Loan Agreement (Scientific Software Intercomp Inc), Business Loan Agreement (Dental Care Alliance Inc), Loan Agreement (Scientific Software Intercomp Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor guarantor has with Lender; (
Appears in 4 contracts
Samples: Loan Agreement (Champion Industries Inc), Business Loan Agreement (Horizon Telecom Inc), Business Loan Agreement (Mendocino Brewing Co Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (under
Appears in 3 contracts
Samples: Business Loan Agreement (Act Teleconferencing Inc), Business Loan Agreement (Artest Corp), Loan Agreement (Human Pheromone Sciences Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (:
Appears in 3 contracts
Samples: Business Loan Agreement (Transcrypt International Inc), Business Loan Agreement (International Remote Imaging Systems Inc /De/), Business Loan Agreement (Key Technology Inc)
CESSATION OF ADVANCES. If Lender lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 3 contracts
Samples: Loan Agreement (Hemacare Corp /Ca/), Loan Agreement (Hemacare Corp /Ca/), Loan Agreement (Hemacare Corp /Ca/)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (;
Appears in 2 contracts
Samples: Business Loan Agreement (Fafco Inc), Business Loan Agreement (Fafco Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (aA) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; or (B) Borrower or any Guarantor becomes insolvent, files a petition in bankruptcy or similar proceedings, or is adjudged a bankrupt.
Appears in 2 contracts
Samples: Business Loan Agreement (Portland Brewing Co /Or/), Business Loan Agreement (Portland Brewing Co /Or/)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (.
Appears in 2 contracts
Samples: Business Loan Agreement (Autocorp Equities Inc), Business Loan Agreement (Autocorp Equities Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this the Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor guarantor has with Lender; (
Appears in 2 contracts
Samples: Business Loan Agreement (Autocorp Equities Inc), Business Loan Agreement (Autocorp Equities Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds Proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 2 contracts
Samples: Loan Agreement (SHC Corp), Loan Agreement (Incomnet Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, Borrower whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: if (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (:
Appears in 2 contracts
Samples: Loan Agreement (Eckler Industries Inc), Loan Agreement (Chromavision Medical Systems Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is guarantor Is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor guarantor has with Lender; (
Appears in 2 contracts
Samples: Business Loan Agreement (Bobby Allison Wireless Corp), Business Loan Agreement (Bobby Allison Wireless Corp)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances advances or to disburse Loan proceeds if: (aA) Borrower or any Guarantor guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor guarantor has with Lender; (;
Appears in 2 contracts
Samples: Business Loan Agreement (Biomerica Inc), Business Loan Agreement (Coast Financial Holdings Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, Borrower whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; 4 BUSINESS LOAN AGREEMENT PAGE 4 (Continued)
Appears in 1 contract
Samples: Business Loan Agreement (Credit Management Solutions Inc)
CESSATION OF ADVANCES. If It Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (it:
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any other Guarantor has with Lender; (
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: , (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Business Loan Agreement (Discas Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; ([REST OF PARAGRAPH ILLEGIBLE].
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: if (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; BUSINESS LOAN AGREEMENT Page 12 (continued) ===============================================================================
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor guarantor has with Lender; (
Appears in 1 contract
Samples: Commercial Security Agreement (Obsidian Enterprises Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreementagrp-2ment, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in In default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (:
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (aA) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (with
Appears in 1 contract
Samples: Business Loan Agreement (Broadway Financial Corp \De\)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or of any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, agreement Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Business Loan Agreement (Human Pheromone Sciences Inc)
CESSATION OF ADVANCES. If It Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Loan Agreement (Orphan Medical Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (aA) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (B) Borrower or any Guarantor dies, becomes incompetent or becomes insolvent, files a petition in bankruptcy or similar
Appears in 1 contract
Samples: Business Loan Agreement (Southern Michigan Bancorp Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or of any Guarantor has with Lender; (
Appears in 1 contract
Samples: Negative Pledge Agreement (Universal Money Centers Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) a0 Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, Borrower whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; or (b) Any other Event of Default shall have occurred.
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (of
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (, or the occurrence of any event or condition which after notice of time would constitute an Event of Default;
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (ab) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Commercial Security Agreement (Aspec Technology Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (other
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or u under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Revolving Line of Credit Agreement (Daw Technologies Inc /Ut)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related related Documents or any nay other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances advances or to disburse Loan proceeds if: if (a) Borrower or any Guarantor is in default under the terms of this the Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor guarantor has with Lender; (
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to 1o Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Business Loan Agreement (Personal Computer Products Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower Bonrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Business Loan Agreement (Colonial Downs Holdings Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lenderlender; (
Appears in 1 contract
Samples: Business Loan Agreement (Klein Engines & Competition Components Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan loan, including the Loan, to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan loan proceeds if: (a) if Borrower or any Guarantor is in default under the terms of this Agreement Agreement, the Note, any Guaranty, or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (Documents.
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances loan advances or to disburse Loan proceeds if: (aA) Borrower or any Guarantor guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor guarantor has with Lender; (;
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds ifIf: (aA) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (Lender~
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan advances or to disburse Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (:
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, Borrower whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: if (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Business Loan Agreement (Coast Dental Services Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds ifproceed it: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
Samples: Business Loan Agreement (American Stone Industries Inc)
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
CESSATION OF ADVANCES. If Lender lender has made any commitment to make any Loan loan to Borrower, whether wether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds ifif : (a) Borrower or any Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or any Guarantor has with Lender; (
Appears in 1 contract
CESSATION OF ADVANCES. If Lender has made any commitment to make any Loan to Borrower, Borrower whether under this Agreement or under any other agreement, Lender shall have no obligation to make Loan Advances or to disburse Loan proceeds if: (a) Borrower Borrower, any Subsidiary, or any other Guarantor is in default under the terms of this Agreement or any of the Related Documents or any other agreement that Borrower or Borrower, any Guarantor Subsidiary has with Lender; (
Appears in 1 contract
