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: Security Agreement (Physio Control International Corp \De\), Security Agreement (Phoenix Gold International Inc), Security Agreement (Physio Control International Corp \De\)
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: License Agreement (California Beach Restaurants Inc)
