Demand Obligations. The fact that this Security Agreement provides for Events of Default and rights of acceleration shall not derogate from the demand nature of any Obligation payable on demand.
Appears in 3 contracts
Samples: Security Agreement (West Marine Inc), Security Agreement (3-D Geophysical Inc), Security Agreement (Pacific Stratus Ventures LTD)
Demand Obligations. The fact that this Security Agreement provides for Events of Default and rights of acceleration shall not derogate from the demand nature of any Obligation which is payable on demand.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Residential Capital, LLC), General Security Agreement (Vanguard Car Rental Group Inc.), Security Agreement (Coolbrands International Inc)
Demand Obligations. The fact that this Security Agreement provides for Events of Default and rights of acceleration shall not derogate from the demand nature of any Secured Obligation which is payable on demand.
Appears in 1 contract
Samples: General Security Agreement
Demand Obligations. The fact that this Security Agreement provides for Events events of Default default and rights of acceleration shall not derogate from the demand nature of any Secured Obligation which is payable on demand.
Appears in 1 contract
Samples: Pledge and Security Agreement (Entertainment Properties Trust)