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 of the Liabilities, or the occurrence of any default under any document executed in connection herewith by such guarantor.

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

Appears in 2 contracts

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

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