DEBTOR'S OBLIGATIONS. The obligations of Debtor under this Agreement respecting an Item of Equipment, except the obligation to pay installment payments with respect thereto which will commence as set forth in Paragraph 3 below, commence upon the grant to Secured Party of a security interest in the Item. Debtor's obligations hereunder with respect to an Item of Equipment and Secured Party's security interest therein will continue until payment of all amounts due, and performance of all terms and conditions required hereunder provided, however, that if this Agreement is in default said obligations and security interest will continue during the continuance of said default. Upon termination of Secured Party's security interest in an Item of Equipment, Secured Party will execute such release of interest with respect thereto as Debtor reasonably requests.
Appears in 12 contracts
Samples: Equipment Financing Agreement (Nanogen Inc), Financing Agreement (Discovery Partners International Inc), Equipment Financing Agreement (Intuitive Surgical Inc)
DEBTOR'S OBLIGATIONS. The obligations of Debtor under this Agreement agreement respecting an Item of Equipment, except the obligation to pay installment payments with respect thereto which will commence as set forth in Paragraph paragraph 3 below, commence upon the grant to Secured Party of a security interest in the Item. Debtor's obligations hereunder with respect to an Item of Equipment and Secured Party's security interest therein will continue until payment of all amounts due, and performance of all terms and conditions required required, hereunder with respect thereto; provided, however, that if this Agreement agreement is then in default said obligations and security interest will continue during the continuance of said default. Upon termination of Secured Party's security interest in an Item of Equipment, Secured Party will execute such release of interest with respect thereto as Debtor reasonably requests.
Appears in 4 contracts
Samples: Equipment Financing Agreement (Viasat Inc), Equipment Financing Agreement (Chemtrak Inc/De), Equipment Financing Agreement (Xoom Inc)
DEBTOR'S OBLIGATIONS. The obligations of Debtor under this Agreement agreement respecting an Item of Equipment, except the obligation to pay installment payments with respect thereto which will commence as set forth in Paragraph paragraph 3 below, commence upon the grant to Secured Party of a security interest in the Item. Debtor's obligations Debtxx'x xbligations hereunder with respect to an Item of Equipment and Secured Party's security interest therein will continue until payment of all amounts due, and performance of all terms and conditions required required, hereunder with respect thereto; provided, however, that if this Agreement agreement is then in default said obligations and security interest will continue during the continuance of said default. Upon termination of Secured Party's security interest in an Item of Equipment, Secured Party will execute such release of interest with respect thereto as Debtor reasonably requests.
Appears in 3 contracts
Samples: Equipment Financing Agreement (Viasat Inc), Equipment Financing Agreement (Viasat Inc), Equipment Financing Agreement (Viasat Inc)
DEBTOR'S OBLIGATIONS. The obligations of Debtor under this Agreement agreement respecting an Item of Equipment, except the obligation to pay installment payments with respect thereto which will commence as set forth in Paragraph paragraph 3 below, commence upon the grant to Secured Party of a security interest in the Item. Debtor's obligations hereunder with respect to an Item of Equipment and Secured Party's security interest therein will continue until payment of all amounts due, and performance of all terms and conditions required required, hereunder with respect thereto; provided, however, that if this Agreement agreement is then in default said obligations and security interest will continue during the continuance of said default. Upon termination of Secured Party's security interest in an Item of Equipment, Secured Party will execute such release of interest with respect thereto as Debtor reasonably requests.
Appears in 1 contract
DEBTOR'S OBLIGATIONS. The obligations of Debtor under this Agreement agreement respecting an Item of Equipment, except the obligation to pay installment payments with respect thereto which will commence as set forth in Paragraph paragraph 3 below, commence upon the grant to Secured Party of a security interest in the Item. DebtorXxxxxx's obligations hereunder with respect to an Item of Equipment and Secured Party's security interest therein will continue until payment of all amounts due, and performance of all terms and conditions required required, hereunder with respect thereto; provided, however, that if this Agreement agreement is then in default said obligations and security interest will continue during the continuance of said default. Upon termination of Secured Party's security interest in an Item of Equipment, Secured Party will execute such release of interest with respect thereto as Debtor reasonably requests.
Appears in 1 contract
Samples: Equipment Financing Agreement
DEBTOR'S OBLIGATIONS. The obligations of Debtor under this Agreement respecting an Item of the Equipment, except the obligation to pay installment payments with respect thereto which will commence as set forth in Paragraph paragraph 3 below, shall commence upon the grant to Secured Party of a security interest in the ItemEquipment. Debtor's obligations hereunder with respect to an Item of the Equipment and Secured Party's security interest therein will continue until payment of all amounts due, due and performance of all terms and conditions required hereunder with respect thereto; provided, however, that if this Agreement is then in default default, said obligations and security interest will continue during the continuance of said default. Upon termination of Secured Party's security interest in an Item of the Equipment, Secured Party will execute such release of interest with respect thereto as Debtor reasonably requests.
Appears in 1 contract
Samples: Master Equipment Finance Agreement (Java Centrale Inc /Ca/)
DEBTOR'S OBLIGATIONS. The obligations of Debtor under this Agreement respecting an Item of Equipment, except the obligation to pay installment payments payment with respect thereto which will commence as set forth in Paragraph 3 below, commence upon the grant to Secured Party of a security interest in the Item. Debtor's obligations hereunder with respect to an Item of Equipment and Secured Party's security interest therein will continue until payment of all amounts Amounts due, and performance of all terms and conditions required requited hereunder provided, however, that if this Agreement is in default said obligations and security interest will continue during the continuance of said default. Upon termination of Secured Party's security interest in an Item of Equipment, Secured Party will execute such release of interest with respect thereto as Debtor reasonably requests.
Appears in 1 contract
Samples: Equipment Financing Agreement (Introbiotics Phamaceuticals Inc)
DEBTOR'S OBLIGATIONS. The obligations of Debtor under this Agreement respecting an Item of Equipment, except the obligation to pay installment payments with respect thereto which will commence as set forth in Paragraph paragraph 3 below, commence upon the grant to Secured Party of a security interest in the Item. Debtor's obligations hereunder with respect to an Item of Equipment and Secured Party's security interest therein will continue until payment of all amounts due, and performance of all terms and conditions required required, hereunder with respect thereto; provided, however, that if this Agreement is then in default said obligations and security interest will continue during the continuance of said default. Upon termination of Secured Party's security interest in an Item of Equipment, Secured Party will execute such release of interest with respect thereto as Debtor reasonably requests.
Appears in 1 contract
Samples: Financing Agreement (Virologic Inc)