Common use of Default under Loan Documents Clause in Contracts

Default under Loan Documents. A default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 23 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Amerinac Holding Corp.), Loan and Security Agreement (BG Staffing, Inc.)

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Default under Loan Documents. A default by Borrower or any Obligor under any of the other Loan Documents, which continues beyond any applicable grace or cure period, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 3 contracts

Samples: Loan and Security Agreement (Arlington Hospitality Inc), Loan and Security Agreement (Arlington Hospitality Inc), Loan and Security Agreement (Arlington Hospitality Inc)

Default under Loan Documents. A default (after giving effect to notice and cure provisions contained therein) under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Argyle Security, Inc.), Loan and Security Agreement (Argyle Security, Inc.)

Default under Loan Documents. A default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the ObligationsObligations subject to any applicable cure periods set forth therein.

Appears in 1 contract

Samples: Loan and Security Agreement (Ari Network Services Inc /Wi)

Default under Loan Documents. A material default under any of the other Loan DocumentsDocuments after the expiration of any applicable grace or cure periods, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Fortune Industries, Inc.)

Default under Loan Documents. A Any event of default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Amrep Corp)

Default under Loan Documents. A default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.Agreement; or

Appears in 1 contract

Samples: Management Agreement (REX AMERICAN RESOURCES Corp)

Default under Loan Documents. A default under any of the other Loan DocumentsDocuments (after the expiration of any applicable notice and/or cure periods), all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Loan Agreement (Cti Group Holdings Inc)

Default under Loan Documents. A default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and or the failure to perform any other of the ObligationsObligations thereunder.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (REX AMERICAN RESOURCES Corp)

Default under Loan Documents. A default occurs under any of the other Loan Documents, all of which the covenants, conditions and agreements contained therein of which are hereby incorporated in this Agreement herein by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Security Agreement (CFC International Inc)

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Default under Loan Documents. A default under any of the other Loan Documents, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, that is not cured within any applicable grace period, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Birner Dental Management Services Inc)

Default under Loan Documents. A payment default or any other material default under any provision of any of the other Loan DocumentsDocuments (after expiration of any applicable grace or cure periods) or any other agreement with the Bank, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (AquaBounty Technologies, Inc.)

Default under Loan Documents. A default under any of the other Loan DocumentsDocuments which continues following the expiration of any applicable grace and/or cure period, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Chromcraft Revington Inc)

Default under Loan Documents. A default under any of the covenants, conditions or agreements in any other Loan Documents, Document (all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, ) shall be and constitute an Event of Default under this Agreement and any other of the ObligationsAgreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Q Comm International Inc)

Default under Loan Documents. A default under any of the other Loan DocumentsDocuments which continues beyond any applicable grace or cure period, all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Smithway Motor Xpress Corp)

Default under Loan Documents. A default under any of the other Loan DocumentsDocuments (after the expiration of all cure or grace periods, if any), all of which covenants, conditions and agreements contained therein are hereby incorporated in this Agreement by express reference, shall be and constitute an Event of Default under this Agreement and any other of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Synergetics Usa Inc)

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