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 as if such guarantor were a "Borrower" described therein.

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Iparty Corp)

Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor or endorser of the Liabilities as if Liabilities, or the occurrence of any default under any document executed in connection herewith by such guarantor were a "Borrower" described thereinguarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mazel Stores Inc), Loan and Security Agreement (Mazel Stores Inc)

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Jacobson Stores Inc)

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