Cross Collateral/Cross Default. Borrower specifically acknowledges that any default in or with respect to any obligation that is included in the Indebtedness as set forth in this Agreement is and will be a default of this Agreement and the Line of Credit. Borrower specifically acknowledges that the Collateral secured this Agreement and all obligations that comprise the Indebtedness.
Appears in 4 contracts
Sources: Loan and Security Agreement (Voyager Entertainment International Inc), Loan and Security Agreement (Voyager Entertainment International Inc), Loan and Security Agreement (Voyager Entertainment International Inc)