Common use of Default or Revocation of Guaranty Clause in Contracts

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Lender pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities or has granted Lender a security interest in or lien upon some or all of such Person's real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 12 contracts

Samples: Loan and Security Agreement (Novitron International Inc), Loan and Security Agreement (DHB Capital Group Inc /De/), Loan and Security Agreement (Infinity Inc)

AutoNDA by SimpleDocs

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Agent or Lender pursuant to which such Person has guaranteed to Agent or Lender the payment of all or any of the Liabilities (including, without limitation, the Guarantees) or has granted Agent or Lender a security interest in or lien upon some or all of such Person's real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Sl Industries Inc)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any Guaranty or any other agreement, instrument or document executed and delivered by any Person to Lender pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities or has granted Lender a security interest in or lien upon some or all of such Person's real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (Horizon Medical Products Inc)

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, any agreement, instrument or document executed and delivered by any Person to Agent or any Lender pursuant to which such Person has guaranteed to Agent or any Lender the payment of all or any of the Liabilities or has granted Lender Agent a security interest in or lien upon some or all of such Person's real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (DHB Industries Inc)

AutoNDA by SimpleDocs

Default or Revocation of Guaranty. The occurrence of an event of default under, or the revocation or termination of, other than a termination pursuant to the specific provisions thereof, any agreement, instrument or document executed and delivered by any Person to Lender pursuant to which such Person has guaranteed to Lender the payment of all or any of the Liabilities or has granted Lender a security interest in or lien upon some or all of such Person's real and/or personal property to secure the payment of all or any of the Liabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Healthcare Products Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.