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

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

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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, 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

Samples: 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 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

Samples: Loan and Security Agreement (Iparty Corp)

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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

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

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