Common use of Last Dollar Clause in Contracts

Last Dollar. The lien of this Mortgage shall remain in effect until the last dollar of the Secured Liabilities is paid in full and all obligations of Lender under the Loan Agreement have been terminated.

Appears in 2 contracts

Samples: Sigmatron International Inc, Sigmatron International Inc

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Last Dollar. The lien of this Mortgage shall remain in effect until the last dollar of the Secured Liabilities is paid in full and all obligations of Lender Agent and Lenders under the Loan Credit Agreement have been terminated.

Appears in 2 contracts

Samples: MGP Ingredients Inc, MGP Ingredients Inc

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Last Dollar. The lien of this Mortgage shall remain in effect until the last dollar of the Secured Liabilities Obligations is paid in full and all obligations of Lender Agent and Lenders under the Loan Credit Agreement have been terminated. 4.10.

Appears in 1 contract

Samples: Security Agreement and Fixture (Daktronics Inc /Sd/)

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