Preference Payments. Any monies Lender pays because of an asserted preference claim in Xxxxxxxx's bankruptcy will become a part of the Indebtedness and, at Xxxxxx's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY XXXXXX" paragraph.
Appears in 4 contracts
Samples: Commercial Security Agreement (Phoenix Gold International Inc), Commercial Security Agreement (Physio Control International Corp \De\), Promissory Note (Web Press Corp)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Xxxxxxxx's Borxxxxx'x bankruptcy will become a part of the Indebtedness and, at Xxxxxx's Lenxxx'x option, shall be payable by Borrower as provided above in the "EXPENDITURES BY XXXXXXLENXXX" paragraphxaragraph.
Appears in 1 contract
Samples: Business Loan Agreement (California Beach Restaurants Inc)
