Common use of Instrument for the Payment of Money Clause in Contracts

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 5 contracts

Samples: Credit and Security Agreement (Ameresco, Inc.), Credit and Security Agreement (Ameresco, Inc.), Credit and Security Agreement (Ameresco, Inc.)

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Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 Section 14 constitutes an instrument for the payment of moneymoney only, and consents and agrees that the Agent, the Issuing LenderBank, or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of moneymoney only.

Appears in 5 contracts

Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.)

Instrument for the Payment of Money. Each of the Guarantors Guarantor hereby acknowledges that the guarantee in this Article 3 III constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, any Lender or any Lenderthe Administrative Agent, at its sole option, in the event of a dispute by such Guarantor the Guarantors in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 4 contracts

Samples: Credit Agreement (Affinity Group Holding Inc), Credit Agreement (Affinity Group Inc), Credit Agreement (Affinity Group Holding, Inc.)

Instrument for the Payment of Money. Each of the Guarantors Guarantor hereby acknowledges that the guarantee in this Article 3 III constitutes an instrument for the payment of money, and consents and agrees that any Noteholder or the Administrative Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor the Guarantors in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 3 contracts

Samples: Note Purchase Agreement (Affinity Group Inc), Note Purchase Agreement (Affinity Group Holding Inc), Note Purchase Agreement (Affinity Group Holding, Inc.)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, Lender or the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ufp Technologies Inc), Credit and Security Agreement (Ufp Technologies Inc)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 Section 14 constitutes an instrument for the payment of moneymoney only, and consents and agrees that the Agent, the Issuing Lender, Agent or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of moneymoney only.

Appears in 2 contracts

Samples: Loan and Security Agreement (Summer Infant, Inc.), Term Loan and Security Agreement (Summer Infant, Inc.)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, or any LenderLenders, at its their sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 2 contracts

Samples: Credit and Security Agreement (Progenity, Inc.), Credit and Security Agreement (Progenity, Inc.)

Instrument for the Payment of Money. Each of the Guarantors The Guarantor hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, any Lender or any Lenderthe Agent, at its sole option, in the event of a dispute by such the Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Revolving Credit Agreement (Novamerican Steel Inc)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee Guarantee in this Article 3 Section 14 constitutes an instrument for the payment of moneymoney only, and consents and agrees that the Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of moneymoney only.

Appears in 1 contract

Samples: Loan and Security Agreement (Stonemor Inc.)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 III constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, any Lender or any Lenderthe Administrative Agent, at its sole option, in the event of a dispute by such Guarantor the Guarantors in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Credit Agreement (Teltrust Inc)

Instrument for the Payment of Money. Each of the Guarantors Guarantor hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that any Lender or the Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor the Guarantors in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Term Loan Agreement (Novamerican Steel Inc)

Instrument for the Payment of Money. Each of the Guarantors Guarantor hereby acknowledges that the guarantee in this Article 3 XI constitutes an instrument for the payment of money, and consents and agrees that any Purchaser or the Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor the Guarantors in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Subordinated Notes and Warrant Purchase Agreement (Sheldahl Inc)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to seek summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Term Loan Agreement (Applica Inc)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, Agent or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Credit Agreement (Haights Cross Communications Inc)

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Instrument for the Payment of Money. Each of the Guarantors The Guarantor hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such the Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Credit and Security Agreement (Signal Technology Corp)

Instrument for the Payment of Money. Each of the Domestic Guarantors hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing LenderBank, or any Lender, at its sole option, in the event of a dispute by such Domestic Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Credit and Security Agreement (Gerber Scientific Inc)

Instrument for the Payment of Money. Each of the Guarantors Guarantor hereby acknowledges that the guarantee in this Article 3 III constitutes an instrument for the payment of money, and consents and agrees that any Lender or the Administrative Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor the Guarantors in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Credit Agreement (Affinity Group Holding, Inc.)

Instrument for the Payment of Money. Each of the Guarantors Guarantor hereby acknowledges that the guarantee in this Article 3 III constitutes an instrument for the payment of money, and 49 consents and agrees that the Agent, the Issuing Lender, any Lender or any Lenderthe Agent, at its sole option, in the event of a dispute by such Guarantor the Guarantors in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Credit Agreement (Affinity Group Inc)

Instrument for the Payment of Money. Each of the Guarantors Guarantor hereby acknowledges that the guarantee in this Article 3 III constitutes an instrument for the payment of money, and consents and agrees that any Purchaser or the Administrative Agent, the Issuing Lender, or any Lender, at its sole option, in the event of a dispute by such Guarantor the Guarantors in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Second Lien (Affinity Group Inc)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 4 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing LenderLC Issuer, or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Credit and Security Agreement (Ameresco, Inc.)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 4 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing LenderL/C Issuer, or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Credit and Security Agreement (Ameresco, Inc.)

Instrument for the Payment of Money. Each of the Guarantors hereby acknowledges that the guarantee in this Article 3 constitutes an instrument for the payment of money, and consents and agrees that the Agent, the Issuing Lender, Agent or any Lender, at its sole option, in the event of a dispute by such Guarantor in the payment of any moneys due hereunder, shall have the right to seek summary judgment or such other expedited procedure as may be available for a suit on a note or other instrument for the payment of money.

Appears in 1 contract

Samples: Term Loan Agreement (Lev Pharmaceuticals Inc)

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