Redemption of Collateral. In the event that the Borrower may elect to redeem any or all of the Collateral prior to the sale, lease, license or other disposition by Lender, the Borrower is to pay to Lender, in full, the Revolving Loan and that additional part of the Debt that Lender requires.
Appears in 3 contracts
Samples: Revolving Loan and Security Agreement (K Tronik International Corp), Secured Revolving Loan Note (Media Sciences International Inc), Revolving Loan and Security Agreement (Integrated Biopharma Inc)
Redemption of Collateral. In the event that the Borrower may elect to redeem any or all of the Collateral prior to the sale, lease, license or other disposition by Lender, the Borrower is to pay to Lender, in full, the Revolving Loan and that additional part of the Debt that Lender requiresrequires in accordance with this Agreement.
Appears in 1 contract
Redemption of Collateral. In the event that the Borrower may elect to redeem any or all of the Collateral prior to the sale, lease, license or other disposition by Lender, the Borrower is to pay to Lender, in full, the Revolving Loan and that additional part of the Debt that Lender requiresDebt.
Appears in 1 contract
Redemption of Collateral. In the event that the Borrower may elect to redeem any or all of the Collateral prior to the sale, lease, license or other disposition by LenderAgent, the Borrower is to pay to LenderAgent, in full, the Revolving Loan and that additional part of the other Debt that Lender Agent requires.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Spar Group Inc)
