Common use of Party Breach Clause in Contracts

Party Breach. Any default or breach by a Third Party of any provision contained in any Control Agreement executed in connection with any of the Collateral. Unauthorized Termination. Any attempt to terminate, revoke, rescind, modify, or violate the terms of this Security Agreement or any Control Agreement without the prior written consent of Bank.

Appears in 5 contracts

Samples: Loan Agreement (Gulfstream International Group Inc), Security Agreement (PORTRAIT INNOVATIONS HOLDING Co), Security Agreement (Technology Research Corp)

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Party Breach. Any default or breach by a Third Party of any provision contained in any Control Agreement agreement executed in connection with any of the Collateral. Unauthorized Termination. Any attempt to terminate, revoke, rescind, modify, or violate the terms of this Security Agreement or any Control Agreement without the prior written consent of Bank.

Appears in 2 contracts

Samples: Security Agreement (Think Partnership Inc), Security Agreement (Cgi Holding Corp)

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