Common use of Default on Other Obligations Clause in Contracts

Default on Other Obligations. The occurrence of any default under any other borrowing if the result of such default would permit the acceleration of the maturity of any notes, loans or other agreement between Borrowers and any Person other than Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (New Source Energy Partners L.P.)

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Default on Other Obligations. The occurrence of any default under any other borrowing if the result of such default would permit the acceleration of the maturity of any notesnote, loans loan, or other agreement between Borrowers Borrower and any Person person other than Lender.

Appears in 2 contracts

Samples: General Business Security Agreement, General Business Security Agreement (Cancer Genetics, Inc)

Default on Other Obligations. The occurrence of any default under any other borrowing if the result of such default would permit the acceleration of the maturity of any notes, loans or other agreement between Borrowers Borrower and any Person other than Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Mammoth Energy Partners LP)

Default on Other Obligations. The occurrence of any default under any other borrowing in excess of $500,000.00 if the result of such default would permit the acceleration of the maturity of any notesnote, loans or other agreement between Borrowers Borrower and any Person other than Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Mammoth Energy Partners LP)

Default on Other Obligations. The occurrence of any default under any other borrowing if the result of such default would permit the acceleration of the maturity of any notesnote, loans loan or other agreement between Borrowers Borrower, any Guarantor or other Loan Party and any Person other than Lender.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Addvantage Technologies Group Inc)

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Default on Other Obligations. The occurrence of any default under any other borrowing if the result of such default would permit the acceleration of the maturity of any notesnote, loans loan or other agreement between Borrowers Debtor and any Person person other than LenderCreditor.

Appears in 1 contract

Samples: Guaranty Agreement (Adera Mines LTD)

Default on Other Obligations. The occurrence of any default under any other borrowing if the result of such default would permit the acceleration of the maturity of any notesnote, loans loan or other agreement between Borrowers Borrower or any Guarantor and any Person person other than Lender.

Appears in 1 contract

Samples: Loan and Security Agreement

Default on Other Obligations. The occurrence of any default under any other borrowing in excess of $100,000 if the result of such default would permit the acceleration of the maturity of any notesnote, loans loan or other agreement between Borrowers Borrower or any Guarantor and any Person person other than Lender.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Addvantage Technologies Group Inc)

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