Without Notice. to the Guarantor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of the Guarantied Obligations (i) any indebtedness due or to become due from Foothill to the Guarantor and (ii) any moneys, credits or other property belonging to the Guarantor at any time held by or coming into the possession of Foothill.
Appears in 2 contracts
Samples: Security Agreement (Family Restaurants), Loan and Security Agreement (QMS Inc)
Without Notice. to the any Guarantor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of the Guarantied Obligations
Obligations (i) any indebtedness due or to become due from Foothill to the any Guarantor and (ii) any moneys, credits or other property belonging to the any Guarantor at any time held by or coming into the possession of Foothill.
Appears in 2 contracts
Samples: Loan and Security Agreement (Network Computing Devices Inc), Security Agreement (Prandium Inc)
Without Notice. to the Guarantor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of the Guarantied Obligations
(i) any indebtedness due or to become due from Foothill to the Guarantor and (ii) any moneys, credits or other property belonging to the Guarantor at any time held by or coming into the possession of Foothill.;
Appears in 2 contracts
Samples: Security Agreement (Family Restaurants), Security Agreement (Family Restaurants)
Without Notice. to the Guarantor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of the Guarantied Obligations
Obligations (i) any indebtedness due or to become due from Foothill to the Guarantor and (ii) any moneys, credits or other property belonging to the Guarantor at any time held by or coming into the possession of Foothill.;
Appears in 1 contract