Common use of Other Material Obligations Clause in Contracts

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

Appears in 23 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Digital Ally, Inc.), Loan Agreement (Amerinac Holding Corp.)

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Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services (after any applicable cure periods have elapsed) where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Loan Agreement (Cohen & Co Inc.), Revolving Note and Cash Subordination Agreement (Cohen & Co Inc.), Revolving Note and Cash Subordination Agreement (Cohen & Co Inc.)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor the Borrower with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (REX AMERICAN RESOURCES Corp), Revolving Credit and Security Agreement (Millennium Ethanol, LLC), Letter of Credit Application, Reimbursement and Security Agreement (Millennium Ethanol, LLC)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor by Borrower with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Loan and Security Agreement (CHS Inc), Loan and Security Agreement (US BioEnergy CORP), Loan and Security Agreement (US BioEnergy CORP)

Other Material Obligations. Any default Default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, the Borrower or any Obligor Subsidiary with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Bingham Financial Services Corp), Credit Agreement (Bingham Financial Services Corp)

Other Material Obligations. Any default Default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor Borrower or any Subsidiary of any Borrower with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc)

Other Material Obligations. Any Other than the Existing Default, any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor or any direct or indirect Subsidiary of Borrower with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might would reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan and Security Agreement (FC Global Realty Inc), Loan and Security Agreement (FC Global Realty Inc)

Other Material Obligations. Any default in the payment when due, or in -------------------------- the performance or observance of, any material obligation of, or condition agreed to by, any Obligor Borrower with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have with respect a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amrep Corp.), Loan and Security Agreement (Amrep Corp.)

Other Material Obligations. Any default Default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, Borrower or any Obligor Subsidiary with respect to any material purchase or lease of goods or services where such defaultdefault beyond any applicable notice and cure periods, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Term Loan and Revolving Credit Agreement (Byline Bancorp, Inc.), Revolving Credit Agreement (Byline Bancorp, Inc.)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor Obligor, beyond any grace period provided with respect thereto, with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan and Security Agreement (PLM Equipment Growth Fund V), Loan and Security Agreement (PLM Equipment Growth Fund V)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might which would reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amtech Systems Inc), Loan and Security Agreement (Amtech Systems Inc)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services a Borrower where such default, singly or in the aggregate with all other such defaults, might reasonably may, in the reasonable judgment of Lxxxxx, be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Starco Brands, Inc.)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor the Borrower with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have a Material Adverse Effect.; or

Appears in 1 contract

Samples: Loan and Security Agreement (REX AMERICAN RESOURCES Corp)

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Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Energy, Inc.)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services or other agreement where such default, singly individually or in the aggregate with all other such defaults, might could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Synergetics Usa Inc)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services Borrower where such default, singly or in the aggregate with all other such defaults, might reasonably may, in the reasonable judgment of Lxxxxx, be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Flux Power Holdings, Inc.)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor Borrower with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might may, in the judgment of Lender, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Chromcraft Revington Inc)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have with respect to the Distribution Borrowers, a Distribution Material Adverse Effect, and with respect to the Fulfillment Borrowers, a Fulfillment Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Amrep Corp)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to have has a Material Adverse EffectEffect on the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Birner Dental Management Services Inc)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services where such default, singly or in the aggregate with all other such defaults, might would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Golden Minerals Co)

Other Material Obligations. Any default in the payment when due, or in the performance or observance of, any material obligation of, or condition agreed to by, any Obligor with respect to any material purchase or lease of goods or services Borrower where such default, singly or in the aggregate with all other such defaults, might reasonably be expected to could, in the reasonable judgment of Lender, have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Polar Power, Inc.)

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