Common use of Should Clause in Contracts

Should. (i) Default be made in the payment of any obligation, or breach be made in any warranty, statement, promise, term or condition, contained herein or hereby secured; (ii) Any statement or representation made for the purpose of obtaining credit hereunder prove false; (iii) Bank deem the Collateral inadequate or unsafe or in danger of misuse;

Appears in 8 contracts

Samples: Loan Agreement (Keith Companies Inc), Security and Loan Agreement (General Automation Inc), Security and Loan Agreement (Power Integrations Inc)

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Should. (i) Default be made in the payment of any obligation, or breach be made in any warranty, statement, promise, term or condition, contained herein or hereby secured; (ii) Any statement or representation made for the purpose of obtaining credit hereunder prove false; , (iii) Bank deem the Collateral inadequate or unsafe or in danger of misuse;

Appears in 1 contract

Samples: Security and Loan Agreement (Cirtran Corp)

Should. (i) Default be made in the payment of any obligation, or breach be made in any warranty, statement, promise, term or condition, contained herein or hereby secured; (ii) Any statement or representation made for the purpose of obtaining credit hereunder prove false; (iii) Bank reasonably deem the Collateral inadequate or unsafe or in danger of misuse;

Appears in 1 contract

Samples: Security and Loan Agreement (Active Power Inc)

Should. (i) Default be made in the payment of any obligation, or breach be made in any warranty, statement, promise, term terms or condition, contained herein or hereby secured; (ii) Any statement or representation made for the purpose of obtaining credit hereunder prove materially false; (iii) Bank deem the Collateral inadequate or unsafe or in danger of misuse;

Appears in 1 contract

Samples: Security and Loan Agreement (Data Race Inc)

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Should. (i) Default be made in the payment of any obligation, or breach reach be made in any warranty, statement, promise, term or condition, contained herein or hereby secured; (ii) Any statement or representation made for the purpose of obtaining credit hereunder prove false; (iii) Bank deem the Collateral inadequate or unsafe or in danger of misuse;

Appears in 1 contract

Samples: Security and Loan Agreement (Overland Data Inc)

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