ADDITIONAL CROSS DEFAULT. In addition to the Events of Default specified in Paragraph 12 of the Agreement, it shall be an Event of Default hereunder if Apple Sports and/or Dorson shall fail to perform, keep or observe any of the ▇▇▇▇▇▇nts, conditions, promises, agreements or other obligations of Apple Sports and/or Dorson to Bank under any agreements now or hereafter existi▇▇ ▇▇tween Apple Sports and/or Dorson and Bank, including, without limitation, that cert▇▇▇ ▇▇ple Sports Agreement and/or Dorson Agreement or in the event of the termination of said Apple ▇▇▇▇ts Agreement and/or Dorson Agreement.
Appears in 1 contract
Sources: Loan and Security Agreement (Empire of Carolina Inc)
ADDITIONAL CROSS DEFAULT. In addition to the Events of Default specified in Paragraph 12 of the Agreement, it shall be an Event of Default hereunder if Apple Sports Golf and/or Dorson shall fail to perform, keep or observe any of the co▇▇▇▇▇▇ntss, conditions, promises, agreements or other obligations of Apple Sports Golf and/or Dorson to Bank under any agreements now or hereafter existiexist▇▇▇ ▇▇tween etween Apple Sports Golf and/or Dorson and Bank, including, without limitation, that cert▇▇▇ ▇▇ple Sports Golf Agreement and/or Dorson Agreement or in the event of the termination of said Apple ▇▇▇▇ts ▇ Agreement and/or Dorson Agreement.
Appears in 1 contract
Sources: Loan and Security Agreement (Empire of Carolina Inc)