Common use of Death or Dissolution of Obligor Clause in Contracts

Death or Dissolution of Obligor. The death of any Obligor who is a natural Person, or of any general partner who is a natural Person of any Obligor which is a partnership, or any member who is a natural Person of any Obligor which is a limited liability company or the dissolution of any Obligor which is a partnership, limited liability company, corporation or other entity.

Appears in 22 contracts

Samples: Loan and Security Agreement (Amcon Distributing Co), Loan and Security Agreement (Amcon Distributing Co), Loan and Security Agreement (Obsidian Enterprises Inc)

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Death or Dissolution of Obligor. The death of any Obligor who is a natural PersonW. Xxxxxxx Xxxxx III, or of any general partner who is a natural Person of any Obligor which is a partnership, or any member who is a natural Person of any Obligor which is a limited liability company or the dissolution of any Obligor which is a partnership, limited liability company, corporation or other entity.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hartville Group Inc), Loan and Security Agreement (Hartville Group Inc)

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Death or Dissolution of Obligor. The death of any Obligor or the Guarantor who is a natural Person, or of any general partner who is a natural Person of any Obligor or the Guarantor which is a partnership, or any member who is a natural Person of any Obligor which is a limited liability company or the dissolution of any Obligor which is a partnership, limited liability company, corporation or other entity.

Appears in 1 contract

Samples: Loan Agreement (Tarpon Industries, Inc.)

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