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.
Appears in 21 contracts
Samples: Change in Terms Agreement (Roomlinx Inc), Change in Terms Agreement (Roomlinx Inc), Change in Terms Agreement (Phone1globalwide Inc)
Default in Favor of Third Parties. Default of the 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 the Borrower's ability to repay the Borrowings or perform Borrower's its obligations under this Agreement or any of the Related other Loan Documents.
Appears in 5 contracts
Samples: Loan Agreement (Cutter & Buck Inc), Loan Agreement (Cutter & Buck Inc), Loan Agreement (Cutter & Buck Inc)
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.
Appears in 3 contracts
Samples: Loan Agreement (Champion Industries Inc), Business Loan Agreement (Horizon Telecom Inc), Business Loan Agreement (Iridex Corp)
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.
Appears in 1 contract
Samples: Business Loan Agreement (Niku Corp)
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.
Appears in 1 contract
Samples: Change in Terms Agreement (Husker Ag Processing LLC)
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.
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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.
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