Cross-Defaults and Cross-Collateralization. A default under any Loan or Notes is a default under any all other Notes and Loans and under all Obligations. All Collateral secures all Obligations.
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Cross-Defaults and Cross-Collateralization. A default under any Loan or Notes Note is a default under any all other Notes and Loans and under all Obligations. All Collateral secures all Obligations.
Appears in 1 contract
Cross-Defaults and Cross-Collateralization. A default under any Loan, Note or other Loan or Notes Document is a default under any all Loans and all other Notes and Loans and under all ObligationsLoan Documents. All of the Collateral secures all Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (American BioCare, Inc.)
Cross-Defaults and Cross-Collateralization. A default under any Loan or Notes Document is a default under any all other Notes and Loans and under all ObligationsLoan Documents. All Collateral secures all Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Electronic Cigarettes International Group, Ltd.)
