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

Default in Favor of Third Parties. Borrower 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 property or ability to perform Borrower’s obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 property or Borrower’s ability to repay the Loans or perform Borrower’s obligations under this Agreement or any of the Related Documentsrelated document.

Default in Favor of Third Parties. Borrower 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 's property or Borrower's ability to repay the Loans or perform Borrower’s 's obligations under this Agreement or any of the Related Documentsrelated document.

Default in Favor of Third Parties. Borrower 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 's property or ability to perform Borrower’s 's obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower Borrowers, or any one of them 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 or Borrower’s property or ability to repay the Loans or perform Borrower’s their respective obligations under this Agreement Agreement, the Loan Agreement, or any of the Related other Loan Documents.

Default in Favor of Third Parties. Borrower 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 property or Borrower’s ability to perform Borrower’s obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower or any Granter 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 's or any Grantor's property or Borrower's or any Grantor's ability to repay the Loans or perform Borrower’s their respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, agreement or any other agreement, in favor of any other creditor or person that may materially affect any of Borrower’s property or Borrower’s ability to repay the Note or perform Borrower’s obligations Obligations under this Agreement or any of the Related Documentsrelated document.

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 property or Borrower’s ability to repay this Note or perform Borrower’s obligations under this Agreement Note or any of the Related Documents.

Default in Favor of Third Parties. Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, agreement or any other agreement, in favor of any other creditor or person that may materially affect any of Borrower’s property or Borrower’s ability to repay the Note or perform Borrower’s obligations Obligations under this Agreement or any of the Related Documents.related document; or

Default in Favor of Third Parties. Borrower Company 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 Borrowerthe Company’s property or ability to repay the loans or perform Borrower’s its obligations under this Agreement Note or any of the Related Documents.

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 property or Borrower’s ability to repay this Note or perform Borrower’s obligations under this Agreement Note or any of the Related Documentsrelated documents.

Default in Favor of Third Parties. Should Borrower 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 property or Borrower’s ability to repay the Loans or perform Borrower’s their respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Should Borrower defaults default in any material respect under any loan, extension of credit, security agreement, purchase or sales agreement, guaranty or any other agreement, in favor of any other creditor or person that may materially affect any of Borrower’s property or Borrower’s ability to repay the Loans or perform Borrower’s obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 property or Borrower’s ability to repay the Loans or perform Borrower’s their respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreementagreement to which Borrower is a party, in favor of any other creditor or person other party thereto, that may would materially and adversely affect any of Borrower’s property or 's ability to repay the Loans or perform Borrower’s its obligations under this Agreement or any of the Related Documents."

Default in Favor of Third Parties. The Borrower or the Guarantor defaults under any loan, extension of credit, security agreement, purchase or sales agreement, agreement or any other agreement, agreement in favor of any other creditor or person that may materially affect any of Borrower’s property or ability could reasonably be expected to perform Borrower’s obligations under this Agreement or any of the Related Documents.have a Material Adverse Effect; or

Default in Favor of Third Parties. Should Borrower 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 property or ability to perform Borrower’s obligations under this Agreement or any of repay the Related DocumentsLoans.

Default in Favor of Third Parties. Borrower 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 property or Borrower’s ability to perform Borrower’s obligations under this Agreement or any of the Related related Documents.

Default in Favor of Third Parties. Borrower 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 property or Borrower’s ability to repay the Loan or perform Borrower’s its respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 's property or Borrower's ability to repay the Loans or perform Borrower’s 's obligations under this Agreement or any of the Related Documentsrelated document. False Statements. Any representation or statement made by Borrower to Lender is false in any material respect.

Default in Favor of Third Parties. Borrower 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 's property or Borrowers ability to perform Borrower’s 's obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in . In favor of any other creditor or person that may materially affect any of Borrower’s 's property or Borrower's ability to perform Borrower’s 's obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower defaults under any material 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 TridentHE or Borrower’s property or ability to repay the Loan or perform Borrower’s their respective obligations under this Agreement or any of the Related other Loan Documents.

Default in Favor of Third Parties. Borrower 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 property or Borrower’s ability to repay the Loans or perform Borrower’s their respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 property or Borrower’s ability to repay the Loans or perform Borrower’s obligations under this Agreement or any of the Related Documentsrelated document. False Statements. Any representation or statement made by Borrower to Lender is false in any material respect.

Default in Favor of Third Parties. Should any default occur by Borrower defaults under any loan, extension of credit, security agreement, guaranty, purchase or sales agreement, or any other agreement, in favor of any other creditor or person that may materially affect any of the Property or Borrower’s property or 's ability to perform Borrower’s obligations under repay the Secured Obligations or to otherwise comply with this Deed of Trust, the Credit Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 Borrowers property or Borrower’s property or ability to perform Borrower’s obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. The Borrower or any other Loan Party defaults under any loan, extension of credit, security agreement, purchase or sales agreementagreement (including, but not limited to, the Senior Loan), or any other agreement, in favor of any other creditor or person that may materially affect any of Borrowerthe Loan Party’s property or any Loan Party’s ability to repay the Obligations or perform Borrower’s their respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 and that defaults may materially affect any of the Borrower’s property or ability to repay the loans or perform Borrower’s its obligations under this Agreement Agreement, any Note or any of the Related Documents.

Default in Favor of Third Parties. Borrower or any Granter 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 Borrower’s their respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 adversely affect any of Borrower’s property 's financial condition, operation or assets or Borrower's ability to repay the Loans or perform Borrower’s its obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower defaults Borrower's 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 property or 's ability to perform Borrower’s their respective obligations under this Agreement or any of pertaining to the Related Documents.Obligations;

Default in Favor of Third Parties. Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreementagreement , in favor of any other creditor or person that may materially affect any of Borrower’s property or Borrower’s ability to repay the Loan or perform Borrower’s obligations under this Agreement or any of the Related Loan Documents.

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 's property or Borrower's ability to repay this Note or perform Borrower’s 's obligations under this Agreement Note or any of the Related Documentsrelated documents.

Default in Favor of Third Parties. Borrower or any Granter defaults 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 Borrower’s their respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Should Borrower 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 the Collateral or Borrower’s property or 's ability to repay the Loan or perform Borrower’s its obligations under this Agreement or any of the Related Documents.. (d)

Default in Favor of Third Parties. The Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, agreement or any other agreement, agreement in favor of any other creditor or person that may materially affect any of Borrower’s property or ability could reasonably be expected to perform Borrower’s obligations under this Agreement or any of the Related Documents.have a Material Adverse Effect; or

Default in Favor of Third Parties. Any Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, agreement or any other agreement, in favor of any other creditor or person that may materially affect any of Borrower’s property or ability would reasonably be expected to perform Borrower’s obligations under this Agreement or any of the Related Documentshave a Material Adverse Effect.

Default in Favor of Third Parties. Borrower defaults under any loan, extension of credit, security agreement, purchase or sales agreement, agreement or any other agreement, in favor of any other creditor or person that may materially affect any of Borrower’s property or Borrower’s ability to perform Borrower’s obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Should Borrower defaults default under any loan, extension of or 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 property or Borrower’s ability to repay the Loan or perform Borrower’s their respective obligations under this Agreement or any of the Related Loan Documents.

Default in Favor of Third Parties. Borrower or any Granter 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 property or Borrower’s ability to repay this Note or perform Borrower’s obligations under this Agreement Note or any of the Related Documentsrelated documents.

Default in Favor of Third Parties. Borrower 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 's property or Borrower's ability to repay the Loan or perform Borrower’s its obligations under this Agreement or any of the Related DocumentsDocuments and such default continues beyond any applicable grace or cure period.

Default in Favor of Third Parties. Borrower 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 the Borrower’s property or Borrower’s ability to perform Borrower’s obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 's property or Borrower's ability to repay the Indebtedness or perform Borrower’s its obligations under this Agreement or any of the other Related Documents.

Default in Favor of Third Parties. Borrower 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 property or Xxxxxxxx ’ s ability to repay the Loans or perform BorrowerBorrower ’s obligations under this Agreement or any of the Related Documentsrelated document.

Default in Favor of Third Parties. Borrower or any Guarantor 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 Guarantor’s property or Borrower’s or any Guarantor’s ability to repay the Loans or perform Borrower’s their respective obligations under this Agreement or any of the Related Documents.

Default in Favor of Third Parties. Borrower 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 property or Borrower’s ability to repay the Note or perform Borrower’s obligations under this Agreement the Note or any of the Related Documents.