Common use of Continuing Obligation of Borrower Clause in Contracts

Continuing Obligation of Borrower. The terms, conditions, and covenants set forth herein and in the Loan Documents shall survive closing and shall constitute a continuing obligation of the Borrower during the course of the transaction contemplated herein. The obligations of the Borrower under this Agreement shall remain in effect so long as any Obligation is outstanding, unpaid or unsatisfied between the Borrower or any Guarantor and the Lender.

Appears in 5 contracts

Samples: Security Agreement (Majestic Safe-T-Products LTD), Security Agreement (Majestic Safe-T-Products LTD), Security Agreement (Majestic Safe-T-Products LTD)

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Continuing Obligation of Borrower. The terms, conditions, and covenants set forth herein and in the Loan Documents shall survive closing and shall constitute a continuing obligation of the Borrower during the course of the transaction contemplated herein. The obligations of the Borrower under this Agreement shall remain in effect so long as any Obligation is outstanding, unpaid or unsatisfied between the Borrower or any Guarantor and the LenderLoan.

Appears in 3 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (Hemagen Diagnostics Inc), Disbursement Agreement (Majestic Companies LTD)

Continuing Obligation of Borrower. The terms, conditions, and covenants set forth herein and in the Loan Documents LOAN DOCUMENTS shall survive closing CLOSING and shall constitute a continuing obligation of the Borrower BORROWER during the course of the transaction transactions contemplated herein. The obligations OBLIGATIONS of the Borrower BORROWER under this Agreement AGREEMENT shall remain in effect so long as any Obligation OBLIGATION is outstanding, unpaid or unsatisfied between the Borrower or any Guarantor BORROWER and the LenderLENDER.

Appears in 1 contract

Samples: Loan and Security Agreement (Ea Engineering Science & Technology Inc)

Continuing Obligation of Borrower. The terms, conditions, and covenants set forth herein and in the other Loan Documents shall survive closing Closing and shall constitute a continuing general obligation of the Borrower during Borrowers until the course last to occur of full payment and satisfaction of the transaction contemplated herein. The obligations Obligations and the termination of the Borrower under this Agreement shall remain in effect so long as any Obligation is outstanding, unpaid or unsatisfied between Lender’s agreement to provide the Borrower or any Guarantor and the LenderLoans.

Appears in 1 contract

Samples: Loan Agreement (Univec Inc)

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Continuing Obligation of Borrower. The terms, conditions, and covenants set forth herein and in the Loan Documents shall survive closing and shall constitute a continuing obligation of the Borrower during the course of the transaction contemplated herein. The obligations of the Borrower under this Agreement shall remain in effect so long as any Obligation is outstanding, unpaid or unsatisfied between the Borrower or any a Guarantor and the LenderBank.

Appears in 1 contract

Samples: Loan and Security Agreement (Hemagen Diagnostics Inc)

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