Cross Default; Cross Collateral. Borrower hereby agrees that (a) all other agreements between Borrower and Lender are hereby amended so that a Default or an Event of Default under this Agreement is a default under all such other agreements and a default under any one of the other agreements is a Default or an Event of Default under this Agreement, and (b) the Collateral under this Agreement secures the Obligations now or hereafter outstanding under all other agreements between Borrower and Lender and the Collateral pledged under any other agreement with Lender secures the Obligations under this Agreement.
Appears in 5 contracts
Samples: Loan Agreement (Hudson Technologies Inc /Ny), Revolving Loan Agreement (Hirsch International Corp), Loan Agreement (Hudson Technologies Inc /Ny)
Cross Default; Cross Collateral. Borrower hereby agrees that (a) all other agreements between Borrower and Lender or any of Lender’s Affiliates are hereby amended so that a Default or an Event of Default default under this Agreement is a default under all such other agreements and a default under any one of the other agreements is a Default or an Event of Default default under this Agreement, and (b) the Collateral under this Agreement secures the Obligations now or hereafter outstanding under all other agreements between Borrower and Lender and the Collateral pledged under any other agreement with Lender secures the Obligations under this Agreement.
Appears in 4 contracts
Samples: Loan and Security Agreement (Helios & Matheson North America Inc.), Loan and Security Agreement (Helios & Matheson North America Inc.), Loan and Security Agreement (Helios & Matheson North America Inc.)
Cross Default; Cross Collateral. Borrower hereby agrees that (a) all other agreements between Borrower and Lender are or any of its affiliates is hereby amended so that a Default or an Event of Default default under this Agreement is a default under all such other agreements and a default under any one of the other agreements is a Default or an Event of Default default under this Agreement, and (b) the Collateral under this Agreement secures the Obligations now or hereafter outstanding under all other agreements between Borrower and Lender or any of its affiliates and the Collateral collateral pledged under any other agreement with Lender or any of its affiliates secures the Obligations under this Agreement.
Appears in 3 contracts
Samples: Loan and Security Agreement (Judge Group Inc), Revolving Loan and Security Agreement (Measurement Specialties Inc), Loan and Security Agreement (Judge Group Inc)
Cross Default; Cross Collateral. The Borrower hereby agrees that (a) all other agreements between the Borrower and Lender the Lenders are hereby amended so that a Default or an Event of Default under this Agreement is a default under all such other agreements and a default under any one of the other agreements is a Default or an Event of Default under this Agreement, and (b) the Collateral under this Agreement secures the Obligations now or hereafter outstanding under all other agreements between the Borrower and Lender Lenders and the Collateral Agent, and the Collateral pledged under any other agreement with Lender Lenders or Collateral Agent secures the Obligations under this Agreement.
Appears in 3 contracts
Samples: Loan and Security Agreement (Fat Brands, Inc), Loan and Security Agreement (Fat Brands, Inc), Loan and Security Agreement (Fat Brands, Inc)
Cross Default; Cross Collateral. The Borrower hereby agrees that (a) all other agreements between the Borrower and the Lender are hereby amended so that a Default or an Event of Default under this Agreement is a default under all such other agreements and a default under any one of the other agreements is a Default or an Event of Default under this Agreement, and (b) the Collateral under this Agreement secures the Obligations now or hereafter outstanding under all other agreements between the Borrower and Lender and the Collateral pledged under any other agreement with Lender secures the Obligations under this Agreement.
Appears in 1 contract
Cross Default; Cross Collateral. Borrower hereby agrees that (a) all other agreements between Borrower and Lender or any of its affiliates are hereby amended so that a Default or an Event of Default under this Agreement is a default under all such other agreements and a default under any one of the other agreements is a Default or an Event of Default under this Agreement, and (b) the Collateral under this Agreement secures the Obligations now or hereafter outstanding under all other agreements between Borrower and Lender or any of its affiliates and the Collateral collateral pledged under any other agreement with Lender or any of its affiliates secures the Obligations under this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Community Distributors Inc)
Cross Default; Cross Collateral. Each Borrower hereby agrees that (a) all other agreements between either Borrower and Lender are hereby amended so that a Default or an Event of Default under this Agreement is a default an Event of Default under all such other agreements and a default an Event of Default under any one of the other agreements is a Default or an Event of Default under this Agreement, and (b) the Collateral under this Agreement secures the Obligations now or hereafter outstanding under all other agreements between either Borrower and Lender and the Collateral pledged under any other agreement with Lender secures the Obligations under this Agreement.
Appears in 1 contract
