Common use of Attempt To Terminate Guaranties Clause in Contracts

Attempt To Terminate Guaranties. The receipt by the LENDER of notice from a GUARANTOR that such GUARANTOR is attempting to terminate or limit any portion of its obligations under a GUARANTY AGREEMENT.

Appears in 3 contracts

Samples: Loan and Security Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp), Loan and Security Agreement (Avatech Solutions Inc)

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Attempt To Terminate Guaranties. The receipt by the LENDER of notice from a GUARANTOR that such the GUARANTOR is attempting to terminate or limit any portion of its obligations under a GUARANTY AGREEMENT.

Appears in 3 contracts

Samples: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Imtek Office Solutions Inc)

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Attempt To Terminate Guaranties. The receipt by the LENDER of notice from a GUARANTOR that such the GUARANTOR is attempting to terminate or limit any portion of its obligations under a GUARANTY AGREEMENT. The receipt by the LENDER of notice from a LIMITED GUARANTOR that the LIMITED GUARANTOR is attempting to terminate or limit any portion of its obligations under a GUARANTY AGREEMENT other than in accordance with the terms thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Gse Systems Inc)

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