Default in Favor of Third Parties. Any guarantor or 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 any guarantor's or Grantor's property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 11 contracts
Samples: Commercial Security Agreement (Better Choice Co Inc.), Commercial Pledge and Security Agreement (Black Ridge Oil & Gas, Inc.), Commercial Security Agreement (Air T Inc)
Default in Favor of Third Parties. Any guarantor or 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 any guarantor's ’s or Grantor's ’s property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 8 contracts
Samples: Commercial Security Agreement (Syra Health Corp), Commercial Security Agreement (Vista Proppants & Logistics Inc.), Business Loan Agreement (TX Holdings, Inc.)
Default in Favor of Third Parties. Any guarantor or Grantor 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 any guarantor's ’s or Grantor's Borrower’s property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 5 contracts
Samples: Change in Terms Agreement (Foundation Healthcare, Inc.), Change in Terms Agreement (Foundation Healthcare, Inc.), Change in Terms Agreement (Foundation Healthcare, Inc.)
Default in Favor of Third Parties. Any Borrower, any guarantor or 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, any guarantor's or Grantor's property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 3 contracts
Samples: Commercial Security Agreement (Eaco Corp), Commercial Security Agreement (ERBA Diagnostics, Inc.), Commercial Security Agreement (Eaco Corp)
Default in Favor of Third Parties. Any guarantor or Grantor 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 any guarantor's ’s or Grantor's Borrower’s property or Borrower’s ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 3 contracts
Samples: Change in Terms Agreement (VCG Holding Corp), Change in Terms Agreement (VCG Holding Corp), Change in Terms Agreement (VCG Holding Corp)
Default in Favor of Third Parties. Any guarantor or 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 any guarantor's ’s or Grantor's property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 3 contracts
Samples: Commercial Security Agreement (American Consumers Inc), Commercial Security Agreement (American Consumers Inc), Commercial Security Agreement (American Consumers Inc)
Default in Favor of Third Parties. Any guarantor or Grantor 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 any guarantor's or GrantorBorrower's property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 2 contracts
Samples: Change in Terms Agreement (Eaco Corp), Change in Terms Agreement (Rubios Restaurants Inc)
Default in Favor of Third Parties. Any guarantor or Grantor 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 any guarantor's Borrower’s or Grantor's ’s property or Borrower’s or 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: Business Loan Agreement (VCG Holding Corp), Business Loan Agreement (VCG Holding Corp)
Default in Favor of Third Parties. Any guarantor or 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 any guarantor's or Grantor's property or ability to perform their respective obligations under this Agreement Assignment or any of the Related Documents.
Appears in 1 contract
Default in Favor of Third Parties. Any guarantor Should Grantor or Grantor defaults any Guarantor default under any loan, extension of credit, security agreement, purchase or sales agreement, or any other agreement, in . In favor of any Any other creditor or person that may materially affect any of any guarantorGrantor's property, or Grantor's property or any Guarantor's ability to perform their respective obligations under this Agreement Agreement, or any of Related Document, or pertaining to the Related DocumentsIndebtedness.
Appears in 1 contract
Samples: Commercial Security Agreement (American Fire Retardant Corp)
Default in Favor of Third Parties. Any guarantor or Grantor of 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 any guarantor's ’s or Grantor's Borrower’s property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Samples: Change in Terms Agreement (Innsuites Hospitality Trust)
Default in Favor of Third Parties. Any guarantor Should Grantor or Grantor defaults any Guarantor 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 any guarantorGrantor's property, or Grantor's property or any Guarantor's ability to perform their respective obligations under this Agreement Agreement, or any of Related Document, or pertaining to the Related Documentsindebtedness.
Appears in 1 contract
Samples: Commercial Pledge Agreement (American Fire Retardant Corp)
Default in Favor of Third Parties. Any Borrower, any guarantor or 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, any guarantor's or Grantor's property or ability to perform their respective obligations under this Agreement or any of the Related Loan Documents.
Appears in 1 contract
Default in Favor of Third Parties. Any Borrower, any guarantor or 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, any guarantor's ’s or Grantor's ’s property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Samples: Commercial Pledge Agreement (Western Capital Resources, Inc.)
Default in Favor of Third Parties. Any Grantor or any guarantor or 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 Grantor's property subject to the aforesaid Collateral Mortgage or Grantor's or any guarantor's or Grantor's property or ability to perform their respective obligations under this Agreement or any of the Related Documents.
Appears in 1 contract
Samples: Pledge of Collateral Mortgage Note (Shadows Bend Development Inc)
Default in Favor of Third Parties. Any Borrower, any guarantor or 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, any guarantor's ’s or Grantor's ’s property or ability to perform their respective obligations under this Agreement or any of the Related Loan Documents.
Appears in 1 contract
Default in Favor of Third Parties. Any guarantor or Grantor 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 any guarantor's ’s or Grantor's ’s property or ability to perform their respective obligations under this Agreement Assignment or any of the Related Documents.
Appears in 1 contract
