Common use of Default in Favor of Third Parties Clause in Contracts

Default in Favor of Third Parties. Should Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property or any Grantor’s ability to repay the Loans or perform their respective obligations under this Mortgage or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or of sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property or Borrower's property of Borrxxxx'x xr any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect effect any of the Real Property Borrower's property or Borrower's or any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property Borrower's property or Borrower's or any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.AMENDED AND RESTATED BUSINESS LOAN AGREEMENT (Continued)

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, . in favor of any other creditor or person that may materially affect any of the Real Property Borrower's property or Borrower's or any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property or any Grantor’s ability to repay the Loans or perform their respective obligations under this Mortgage or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Loan Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or of person that may materially affect any of the Real Property Borrower's property or Borrower's or any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property borrower's property or Borrxxxx'x xr any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property or any Grantor’s ability to repay the Loans or perform their respective obligations under this Mortgage or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.other

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property Borrower property or Borrower's or any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property Borrower's- property, or Borrower's or any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property or any Grantor’s Borrower's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales sates agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property Borrower's property or Borrower's or any Grantor’s 's ability to repay the Loans or perform their respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.

Default in Favor of Third Parties. Should Borrower or any Grantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Real Property Borrower's property or Borrower's or any Grantor’s 's ability to repay the Loans Loan or perform their perforx xxxxx respective obligations under this Mortgage Agreement or any of the Related Documents. Failure of Grantor to make any payment when due relating to the Real Property, or any other act of default under this Mortgage, the Note, the Business Incentive Agreement, or other Related Documents.