Common use of Cross Default and Cross Collateralization Clause in Contracts

Cross Default and Cross Collateralization. A default in the payment or performance of Borrower's obligations under this Second Amendment will constitute an Event of Default under the Loan Agreement and in such event Lender will be entitled to exercise any and all remedies available thereunder. Lender and Borrower further agree that the Security Documents securing the Loan Agreement are hereby modified so that the Security Documents will continue to secure the Loan Agreement as amended by this Second Amendment.

Cross Default and Cross Collateralization. A default in the payment or performance of Borrower's ’s obligations under this Second Amendment will constitute an Event of Default under the Loan Agreement and in such event Lender will be entitled to exercise any and all remedies available thereunderhereunder. Borrower and Lender and Borrower further agree that the Security Documents Other Agreements securing the Loan Agreement are hereby modified so that the Security Documents each Other Agreement will continue to hereafter secure the Loan Agreement as amended by this Second AmendmentAgreement.

Cross Default and Cross Collateralization. A default in the payment or performance of Borrower's obligations under this Second First Amendment will constitute an Event of Default under the Loan Agreement and in such event Lender will be entitled to exercise any and all remedies available thereunder. Lender and Borrower further agree that the Security Documents securing the Loan Agreement are hereby modified so that the Security Documents will continue to secure the Loan Agreement as amended by this Second First Amendment.