Common use of Correction of Loan Documents Clause in Contracts

Correction of Loan Documents. PFG may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as PFG provides Borrowers with written notice of such correction and allows Borrower at least ten (10) days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both PFG and Borrower.

Appears in 10 contracts

Samples: Loan and Security Agreement (Giga Tronics Inc), Loan and Security Agreement (Sonic Foundry Inc), Loan and Security Agreement (Giga Tronics Inc)

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Correction of Loan Documents. PFG may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as PFG provides Borrowers Borrower with written notice of such correction and allows Borrower at least ten (10) days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both PFG and Borrowerall Obligors.

Appears in 2 contracts

Samples: Loan and Security Agreement (Healthcare Corp of America), Security Agreement (Selway Capital Acquisition Corp.)

Correction of Loan Documents. PFG may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as PFG provides Borrowers with written notice of such correction and allows Borrower at least ten (10) days Business Days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both PFG and Borrower.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (Mattersight Corp), Loan and Security Agreement (EdgeWave, Inc.)

Correction of Loan Documents. PFG may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as PFG provides Borrowers Borrower with written notice of such correction and allows Borrower at least ten (10) days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both PFG and Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Borqs Technologies, Inc.), Loan and Security Agreement (Borqs Technologies, Inc.)

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Correction of Loan Documents. PFG may correct patent errors and fill in any blanks in the Loan Documents consistent with the agreement of the parties so long as PFG provides Borrowers a Responsible Officer with written notice of such correction and allows Borrower such Responsible Officer at least ten (10) days to object to such correction. In the event of such objection, such correction shall not be made except by an amendment signed by both PFG and Borrowera Responsible Officer on behalf of Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Borqs Technologies, Inc.)

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