Common use of Default by Guarantor Clause in Contracts

Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor or endorser of the Liabilities, or the occurrence of any of the foregoing Events of Default with respect to any parent, subsidiary, or Affiliate of any Borrower, as if such guarantor, endorser, parent, or Affiliate were a "Borrower" described therein.

Appears in 2 contracts

Sources: Loan and Security Agreement (Gymboree Corp), Loan Agreement (World of Science Inc)

Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor or endorser of the Liabilities, or the occurrence of any of the foregoing Events of Default with respect to any parent, subsidiary, or Affiliate of any Borrower, Liabilities as if such guarantor, endorser, parent, or Affiliate guarantor were a "Borrower" described therein.

Appears in 2 contracts

Sources: Loan and Security Agreement (Phar Mor Inc), Loan and Security Agreement (Phar Mor Inc)

Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor or endorser of the Liabilities, or the occurrence of any of the foregoing Events of Default with respect to any parent, subsidiary, or Affiliate of any Borrower, as if such guarantor, endorser, parent, or Affiliate guarantor were a "the “Borrower" described therein.

Appears in 2 contracts

Sources: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc)

Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect regard to any guarantor or endorser of the Liabilities, or the occurrence of any of Borrower's obligations under the foregoing Events of Default with respect to any parent, subsidiary, Loan or Affiliate of any Borrower, as if such guarantor, endorser, parent, or Affiliate were a "Borrower" described therein.Note; or

Appears in 1 contract

Sources: Equipment Loan and Security Agreement (World Wide Stone Corp)

Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor or endorser of the Liabilities, or the occurrence of any of the foregoing Events of Default with respect to any parent, subsidiary, or Affiliate of any Borrower, as if such guarantor, endorser, parent, or Affiliate guarantor were a "Borrower" described therein.

Appears in 1 contract

Sources: Loan and Security Agreement (Iparty Corp)

Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor guarantor, endorser, or endorser surety to the Lender of the Liabilities, or the occurrence of any of the foregoing Events of Default with respect to any parent, subsidiary, or Affiliate affiliate of any Borrower, as if such guarantor, endorser, surety, parent, subsidiary, or Affiliate affiliate were a the "Borrower" described therein.

Appears in 1 contract

Sources: Loan and Security Agreement (Dynagen Inc)