Common use of Cross-Default; Cross-Collateralization Clause in Contracts

Cross-Default; Cross-Collateralization. The Pledgor acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the Debentures, and that any event of default (following expiration of any applicable cure period) under the Debentures shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgor now or hereafter granted to the Pledgee by the Pledgor pursuant to any agreement, document or instrument, including, but not limited to, this Agreement or the Debentures shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgee may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgor Pledgors acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the Debentures, and that any event of default (following expiration of any applicable cure period) under the Debentures shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgor Pledgors now or hereafter granted to the Pledgee by the Pledgor Pledgors pursuant to any agreement, document or instrument, including, but not limited to, this Agreement or the Debentures shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgee Pledgees may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgor acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the Convertible Debentures, and that any event of default (following expiration of any applicable cure period) under the Convertible Debentures shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgor now or hereafter granted to the Pledgee Pledgees by the Pledgor pursuant to any agreement, document or instrument, including, but not limited to, this Agreement Agreement, the Modification Agreement, or the Debentures Convertible Debentures, shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgee Pledgees may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgor acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the DebenturesNote, and that any event of default (following expiration of any applicable cure period) under the Debentures Note shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgor now or hereafter granted to the Pledgee Pledgees by the Pledgor pursuant to any agreement, document or instrument, including, but not limited to, this Agreement or the Debentures Note shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgee Pledgees may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgor Pledgors each acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the Debentures, and that any event of default (following expiration of any applicable cure period) under the Debentures shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgor Pledgors now or hereafter granted to the Pledgee by the Pledgor Pledgors pursuant to any agreement, document or instrument, including, but not limited to, this Agreement or the Debentures shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgee may resort to any such collateral in such order and manner as they may elect.