One General Obligation; Cross-Collateralized. All advances of credit by Bank to, or for the benefit of, Borrower under this Agreement and under any other Loan Document constitute one loan, and all of the Obligations constitute one obligation. The Loans and all other advances or extensions of credit to, or for the benefit of, Borrower under this Agreement or the other Loan Documents are made on the security of all of the Loan Collateral.
Appears in 3 contracts
Samples: Financing Agreement (EQM Technologies & Energy, Inc.), Financing Agreement (EQM Technologies & Energy, Inc.), Financing Agreement (OVERSTOCK.COM, Inc)
One General Obligation; Cross-Collateralized. All advances of credit by Bank Agent, LC Issuer and Lenders to, or for the benefit of, Borrower under this Agreement and under any other Loan Document constitute one loan, and all of the Obligations constitute one obligation. The Loans and Letter of Credit Exposure and all other advances or extensions of credit to, or for the benefit of, Borrower under this Agreement or the other Loan Documents are made on the security of all of the Loan Collateral.
Appears in 3 contracts
Samples: Financing Agreement (Westaff Inc), Financing Agreement (CitiSteel PA, Inc.), Financing Agreement (CitiSteel PA, Inc.)
One General Obligation; Cross-Collateralized. All advances of credit by Bank Lenders to, or for the benefit of, any Borrower under this Agreement and under any other Loan Document constitute one loan, and all of the Obligations constitute one obligation. The Loans Loans, the Letters of Credit and all other advances or extensions of credit to, or for the benefit of, any Borrower under this Agreement or the other Loan Documents are made on the security of all of the Loan Collateral.
Appears in 1 contract
One General Obligation; Cross-Collateralized. All advances of credit by Bank to, or for the benefit of, Borrower Borrowers (or any one or more of them) under this Agreement and under any other Loan Document constitute one loan, and all of the Obligations constitute one obligation. The Loans and all other advances or extensions of credit to, or for the benefit of, Borrower Borrowers (or any one or more of them) under this Agreement or the other Loan Documents are made on the security of all of the Loan Collateral.
Appears in 1 contract
One General Obligation; Cross-Collateralized. All advances of credit by Bank Agent, LC Issuer and Lenders to, or for the benefit of, Borrower Borrowers (or any of them) under this Agreement and under any other Loan Document constitute one loan, and all of the Obligations constitute one obligation. The Loans and Letter of Credit Exposure and all other advances or extensions of credit to, or for the benefit of, Borrower Borrowers (or any of them) under this Agreement or the other Loan Documents are made on the security of all of the Loan Collateral.
Appears in 1 contract
Samples: Financing Agreement (Suntron Corp)
One General Obligation; Cross-Collateralized. All advances of credit by Bank to, or for the benefit of, either Borrower under this Agreement and under any other Loan Document constitute one loan, and all of the Obligations constitute one obligation. The Loans and all other advances or extensions of credit to, or for the benefit of, either Borrower under this Agreement or the other Loan Documents are made on the security of all of the Loan Collateral.
Appears in 1 contract
One General Obligation; Cross-Collateralized. All advances of credit by Bank to, or for the benefit of, Borrower under this Agreement and under any other Loan Document constitute one loan, and all of the Obligations constitute one obligation. The Loans and all other advances or extensions of credit to, or for the benefit of, Borrower under this Agreement or the other Loan Documents and all other Obligations are made on the security of all of the Loan Collateral.
Appears in 1 contract
Samples: Loan Agreement (Noble Romans Inc)
