Preference Payments. Any monies Lender pays because of an asserted preference claim in Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Grantor as provided in this Agreement.
Appears in 9 contracts
Samples: Security Agreement (Eaco Corp), Security Agreement (Applied Optoelectronics, Inc.), Security Agreement (Applied Optoelectronics, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Grantor's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Grantor as provided in this Agreement.
Appears in 8 contracts
Samples: Commercial Pledge Agreement (Landsea Holdings Corp), Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Laird Superfood, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Grantor's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Grantor as provided above in the “Expenditures By Lender” paragraph of this Agreement.
Appears in 4 contracts
Samples: Commercial Security Agreement (Premier Power Renewable Energy, Inc.), Commercial Security Agreement (Premier Power Renewable Energy, Inc.), Commercial Security Agreement (Premier Power Renewable Energy, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's or Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 3 contracts
Samples: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Amphastar Pharmaceuticals, Inc.)
Preference Payments. Any monies Lender pays because of of. an asserted preference claim in Grantor's bankruptcy will become a part of the Indebtedness and, at LenderXxxxxx's option, shall be payable by Grantor as provided in this Agreement.
Appears in 1 contract
Samples: Security Agreement (Versant Corp)
Preference Payments. Any monies Lender Creditor pays because of an asserted preference claim in Grantor's bankruptcy will become a part of the Indebtedness and, at LenderCreditor's option, shall be payable by Grantor as provided in this Agreement.
Appears in 1 contract
Samples: Confidential Settlement Agreement and Release (Accelerize Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower’s or Grantor's ’s bankruptcy will become a part of the Indebtedness ofthe indebtedness and, at Lender's ’s option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 1 contract
Preference Payments. Any monies Lender pays because of an asserted preference claim in Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Grantor as provided above in this Agreementthe "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Samples: Loan Agreement (Obie Media Corp)
Preference Payments. Any monies Lender pays because of an asserted assorted preference claim in Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Grantor as provided in this Agreement.
Appears in 1 contract
Samples: Commercial Pledge and Security Agreement (Bj Chicago LLC)
Preference Payments. Any monies Lender pays because of an asserted preference claim in In Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Grantor as provided in this Agreement.
Appears in 1 contract
Samples: Commercial Security Agreement (Paneltech International Holdings, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower’s or Grantor's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 1 contract
