Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 37 contracts
Samples: Business Loan Agreement (Real Goods Trading Corp), Loan Agreement (Phillips R H Inc), Business Loan Agreement (Web Press Corp)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 6 contracts
Samples: Credit Agreement (Micro General Corp), Commercial Security Agreement (Carbite Golf Inc), Business Loan Agreement (Web Press Corp)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Borrower as provided above in the "“EXPENDITURES BY LENDER" ” paragraph.
Appears in 2 contracts
Samples: Commercial Security Agreement (Sealand Natural Resources Inc), Note Purchase Agreement (Small World Kids Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraphthis Agreement.
Appears in 2 contracts
Samples: Commercial Security Agreement (CarePayment Technologies, Inc.), Commercial Security Agreement (Microhelix Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's borrowees bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Preference Payments. Any All monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraphSection 12 above.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Dicon Fiberoptics Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's (13) bankruptcy will become a part of the Indebtedness indebtedness and, at Lender's option, shall be payable by Borrower (13) as provided above in the "EXPENDITURES BY LENDERExpenditures by Lender" paragraph.
Appears in 1 contract
Samples: Commercial Security Agreement (Eco Soil Systems Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, indebtedness and at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Samples: Loan Agreement (Incomnet Inc)
