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 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 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. 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 Deed of Trust or any of the Related Documents.

Default in Favor of Third Parties. Should Borrower defaults or 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 an of Borrower'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 affect any of BorrowerBurrower'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 or any Borrower 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 BorrowerBorrowers 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 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 adversely affect any of Borrower's property financial condition, operations or assets 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 Borrowers 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 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 Borrower's property or Borrower's 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.