Demand Note. This is a demand Note and all Obligations hereunder shall become immediately due and payable upon demand. In addition, the Obligations hereunder shall automatically become immediately due and payable if Borrower or any guarantor or endorser of this Note commences or has commenced against it a bankruptcy or insolvency proceeding.
Appears in 4 contracts
Samples: Loan Agreement (Home Diagnostics Inc), Loan Agreement (Gulfstream International Group Inc), Loan Agreement (Home Diagnostics Inc)
Demand Note. This is a demand Note and all Obligations hereunder shall become immediately due and payable upon demand. In addition, the Obligations hereunder shall automatically become immediately due and payable if Borrower or any guarantor or endorser of this Note commences or has commenced against it a bankruptcy or insolvency proceeding.
Appears in 1 contract
Samples: Loan Agreement (Emcore Corp)
