Repudiation of or Default Under Guaranty Agreement. Parent shall revoke or attempt to revoke the Guaranty Agreement signed by Parent, or shall repudiate Parent's liability thereunder or shall be in default under the terms thereof.
Appears in 2 contracts
Samples: Loan and Security Agreement (Velocity Express Corp), Loan and Security Agreement (Home Products International Inc)
Repudiation of or Default Under Guaranty Agreement. Parent shall revoke or attempt to revoke the Guaranty Agreement signed by Parent, or shall repudiate Parent's ’s liability thereunder or shall be in default under the terms thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Home Products International Inc)
Repudiation of or Default Under Guaranty Agreement. Parent -------------------------------------------------- shall revoke or attempt to revoke the Guaranty Agreement signed by Parent, or shall repudiate Parent's liability thereunder or shall be in default under the terms thereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Velocity Express Corp)
