Common use of Demand Clause in Contracts

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers of all Liabilities owing by Borrowers hereunder, after the occurrence of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 4 contracts

Samples: Loan and Security Agreement (Amcon Distributing Co), Loan and Security Agreement (Amcon Distributing Co), Loan and Security Agreement (DHB Industries Inc)

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Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Borrower of all Liabilities owing by Borrowers Borrower hereunder, after upon the occurrence and during the continuance of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Apac Customer Service Inc), Loan and Security Agreement (Apac Customer Service Inc), Loan and Security Agreement (Apac Customer Service Inc)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Borrower of all Liabilities owing by Borrowers Borrower hereunder, after the occurrence of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Perry-Judds Inc), Loan and Security Agreement (Cobra Electronics Corp), Loan and Security Agreement (Easy Gardener Products LTD)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Credit Parties of all Liabilities owing by Borrowers Credit Parties hereunder, after during the occurrence of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to make or not make Loans, take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Omni Energy Services Corp), Loan and Security Agreement (Omni Energy Services Corp)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Borrower of all Liabilities owing by Borrowers Borrower hereunder, after the occurrence of an Event of Default, upon the written request of the Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this the Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Amcon Distributing Co)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers of all Liabilities owing by Borrowers hereunder, after the occurrence of an Event of Default, or upon the written request of the Requisite LendersLenders if an Event of Default has occurred and is continuing. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to, subject to SECTION 2 of the Agreement, make or not make Loans hereunder, to take reservesReserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Aavid Thermal Technologies Inc)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Borrower of all Liabilities amounts owing by Borrowers Borrower hereunder, after the occurrence of an Event of Default, upon the written request of Requisite Required Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Required Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Surmodics Inc)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Borrower of all Liabilities Obligations owing by Borrowers Borrower hereunder, after the occurrence of an Event of Default, upon the written request of Requisite Required Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Required Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (NXT-Id, Inc.)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Loan Parties of all Liabilities owing by Borrowers Loan Parties hereunder, after the occurrence of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to make or not make Loans, to take reservesReserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Poindexter J B & Co Inc)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers and/or the Credit Parties of all Liabilities owing by Borrowers and/or the Credit Parties hereunder, after the occurrence and during the continuance of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligiblemake or not make Loans, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Addus HomeCare Corp)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Loan Parties of all Liabilities owing by Borrowers Loan Parties hereunder, after the occurrence and during the continuation of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Coachmen Industries Inc)

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Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers of all Liabilities owing by Borrowers hereunder, after the occurrence of an Event of Default, upon the written request of the Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to make or not make Loans hereunder, to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: And Consolidated Loan and Security Agreement (Empire of Carolina Inc)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Borrower of all Liabilities owing by Borrowers Borrower hereunder, after the occurrence of an Event of Default, upon the written request of Requisite LendersLenders and the delivery to Agent of any Expense Advance required by Agent in connection with such demand. Agent shall make such demand in such manner manner, as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Show Me Ethanol, LLC)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers of all Liabilities owing by Borrowers hereunder, after the occurrence of an Event of Default, upon the written request of the Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to make or not make Loans hereunder, to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Smith C D Drug Co)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Borrower of all Liabilities owing by Borrowers Borrower hereunder, after upon the occurrence and during the continuance of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Apac Customer Service Inc)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers Companies of all Liabilities owing by Borrowers Companies hereunder, after the occurrence of an Event of Default, upon the written request of Requisite Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Lenders. Nothing contained herein shall limit the reasonable discretion of Agent to take reservesreserves against the Revolving Loan Borrowing Base, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Polyair Inter Pack Inc)

Demand. Subject to the terms of this Agreement, Agent shall make demand for repayment by Borrowers of all Liabilities owing by Borrowers hereunder, after the occurrence of an Event of Default, upon the written request of Requisite Required Lenders. Agent shall make such demand in such manner as it deems appropriate, in its sole discretion, to effectuate the request of the Requisite Required Lenders. Nothing contained herein shall limit the discretion of Agent to take reserves, to deem certain Accounts and Inventory ineligible, or to exercise any other discretion granted to Agent in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Multiband Corp)

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