Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 110 contracts
Samples: Business Loan Agreement (Ames National Corp), Business Loan Agreement (LFTD Partners Inc.), Business Loan Agreement (FGI Industries Ltd.)
Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans this Note or perform their respective Borrower's obligations under this Agreement Note or any of the Related Documentsrelated documents.
Appears in 60 contracts
Samples: Business Loan Agreement (Elevate.Money REIT I, Inc.), Business Loan Agreement (Landmark Bancorp Inc), Business Loan Agreement (Sielox Inc)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans Indebtedness or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 6 contracts
Samples: Security Agreement (Daily Journal Corp), Security Agreement (Collegiate Pacific Inc), Security Agreement (Daily Journal Corp)
Default in Favor of Third Parties. Borrower Should Grantor or any Grantor defaults 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 Borrower's or any Grantor's property or BorrowerGrantor's or any Grantor's ability to repay the Loans indebtedness or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 4 contracts
Samples: Commercial Pledge and Security Agreement (Bj Chicago LLC), Commercial Security Agreement (Mixson Corp /De/), Assignment and Security Agreement (Obsidian Enterprises Inc)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans Indebtedness or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 3 contracts
Samples: Commercial Security Agreement (Dynasil Corp of America), Security Agreement (Ophthalmic Imaging Systems), Security Agreement (International Remote Imaging Systems Inc /De/)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans indebtedness or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 3 contracts
Samples: Commercial Security Agreement (Eacceleration Corp), Commercial Security Agreement (Flotek Industries Inc/Cn/), Commercial Security Agreement (Eacceleration Corp)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults 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 Borrower's or any Grantor's property financial condition, operations or assets or Borrower's or any Grantor's ability to repay the Loans Indebtedness or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Commercial Security Agreement (Niku Corp), Business Loan Agreement (Niku Corp)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, agreement in favor of any other creditor or person that may materially affect any of Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Williams Francis M), Loan and Security Agreement (Labor Ready Inc)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Commercial Security Agreement (New West Eyeworks Inc), Commercial Security Agreement (New West Eyeworks Inc)
Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans Loan or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Business Loan Agreement (Elecsys Corp), Business Loan Agreement (Community First Bancorp Inc)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Security Agreement (Globalscape Inc), Loan Agreement (Transcrypt International Inc)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or of Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Loan Agreement (Pacific Aerospace & Electronics Inc), Loan Agreement (U S Laboratories Inc)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's Borrowers' or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Wilmington Trust (Litronic Inc), Business Loan Agreement (Litronic Inc)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in favor of any other creditor credit or person that may materially affect any of Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Terms Agreement (California Beach Restaurants Inc), Key Technology Inc
Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's Borrower`s or any Grantor's Grantor`s property or Borrower's Borrower`s or any Grantor's Grantor`s ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Samples: Trimedia Entertainment Group Inc
Default in Favor of Third Parties. Borrower Should Grantor or any Grantor defaults 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 Borrower's Grantor`s property or Grantor`s or any Grantor's property or Borrower's or any Grantor's Grantor`s ability to repay the Loans Indebtedness or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Samples: Trimedia Entertainment Group Inc
Default in Favor of Third Parties. Should Borrower or any Grantor defaults default under any loan, 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Samples: Security Agreement (Pods Inc)
Default in Favor of Third Parties. Should Borrower or any Grantor defaults default under any loan, extension of credit, security agreement, agreement purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the BUSINESS LOAN AGREEMENT Loan No. 22228891Note 201 (Continued) Page 9 ================================================================================ Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related DocumentsDocument.
Appears in 1 contract
Samples: Loan Agreement (I/Omagic Corp)
Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans this Note or perform their respective Borrower's obligations under this Agreement note or any of the Related Documentsrelated documents.
Appears in 1 contract
Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's or any Grantor's property or of Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Samples: Loan Agreement (International Remote Imaging Systems Inc /De/)
Default in Favor of Third Parties. Borrower or any Grantor defaults 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 Borrower's Borrower or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
