Common use of Default or Revocation of Guaranty Clause in Contracts

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Lender pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities or has granted Lender a security interest in or lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 8 contracts

Samples: Loan and Security Agreement (Sri Surgical Express Inc), Loan and Security Agreement (Emcore Corp), Loan and Security Agreement (Hartville Group Inc)

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Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Agent or any Lender pursuant to which such Person has guaranteed to Lender Agent and Lenders the payment of all or any of the Liabilities or has granted Lender Agent a security interest in or lien upon some or all of such Person’s 's real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 4 contracts

Samples: Loan and Security Agreement (Polyair Inter Pack Inc), Loan and Security Agreement (Cobra Electronics Corp), Loan and Security Agreement (Easy Gardener Products LTD)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Agent or any Lender pursuant to which such Person has guaranteed to Lender Agent and Lenders the payment of all or any of the Liabilities or has granted Lender Agent a security interest in or lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 3 contracts

Samples: Loan and Security Agreement (Amcon Distributing Co), Loan and Security Agreement (Coachmen Industries Inc), Loan and Security Agreement (Perry-Judds Inc)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Lender pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities Obligations or has granted Lender a security interest in or lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the LiabilitiesObligations.

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Lawson Products Inc/New/De/), Loan and Security Agreement (Katy Industries Inc)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Lender pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities Obligations or has granted Lender a security interest in or lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the Liabilities.Obligations; or

Appears in 3 contracts

Samples: Credit and Security Agreement (Singing Machine Co Inc), Credit and Security Agreement (Mendocino Brewing Co Inc), Credit and Security Agreement (Lime Energy Co.)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Lender Administrative Agent pursuant to which such Person has guaranteed to Lender Administrative Agent and Lenders the payment of all or any of the Liabilities Obligations or has granted Lender Administrative Agent a security interest in or lien upon some or all of such Person’s 's real and/or personal property to secure the payment of all or any of the LiabilitiesObligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (S&W Seed Co), Loan and Security Agreement (S&W Seed Co)

Default or Revocation of Guaranty. The occurrence of an event of default default, after the passage of any applicable grace periods, under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person Credit Party to Agent or any Lender pursuant to which such Person Credit Party has guaranteed to Lender Agent and Lenders the payment of all or any of the Liabilities or has granted Lender Agent a security interest in or lien upon some or all of such PersonCredit Party’s real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 2 contracts

Samples: Loan and Security Agreement (Omni Energy Services Corp), Loan and Security Agreement (Omni Energy Services Corp)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Administrative Agent or any Lender pursuant to which such Person has guaranteed to Lender Administrative Agent and Lenders the payment of all or any of the Liabilities or has granted Lender Administrative Agent a security interest in or lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cobra Electronics Corp), Loan and Security Agreement (Cobra Electronics Corp)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Agent or any Lender pursuant to which such Person has guaranteed to Lender Agent and Lenders the payment of all or any of the Liabilities or has granted Lender Agent a security interest in or lien Lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (Addus HomeCare Corp)

Default or Revocation of Guaranty. The occurrence of an event of default (subject to notice and cure provisions contained therein) under, or the revocation by such Person or termination of, any agreement, instrument or document executed and delivered by any Person to Lender pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities Obligations or has granted Lender a security interest in or lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the Liabilities.Obligations; or

Appears in 1 contract

Samples: Credit and Security Agreement (LIVE VENTURES Inc)

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Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation by such Person or termination of, any agreement, instrument or document executed and delivered by any Person to Lender pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities Obligations or has granted Lender a security interest in or lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the Liabilities.Obligations; or

Appears in 1 contract

Samples: Credit and Security Agreement (LIVE VENTURES Inc)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Agent or any Lender pursuant to which such Person has guaranteed to Lender Agent and Lenders the payment of all or any of the Liabilities or has granted Lender Agent a security interest in or lien upon some or all of such Person’s real and/or personal property to secure the payment of all or any of the Liabilities, or pursuant to which such Person has subordinated any indebtedness or liens to the indebtedness and liens subject to this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Amcon Distributing Co)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person Loan Party to Lender pursuant to which such Person Loan Party has guaranteed to Lender the payment of all or any of the Liabilities Obligations or has granted Lender a security interest in or lien upon some or all of such Person’s Loan Party's real and/or personal property to secure the payment of all or any of the LiabilitiesObligations.

Appears in 1 contract

Samples: Security Agreement (Blue Dolphin Energy Co)

Default or Revocation of Guaranty. The occurrence of an event of default (after the expiration of applicable cure or grace periods) under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Lender Agent pursuant to which such Person has guaranteed to Lender Agent the payment of all or any of the Liabilities or has granted Lender Agent a security interest in or lien upon some or all of such Person’s 's real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (Medical Technology Systems Inc /De/)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Lender Ver 9 pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities or has granted Lender a security interest in or lien upon some or all of such Person’s 's real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (Obsidian Enterprises Inc)

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