GUARANTOR’S OBLIGATIONS. If any of the obligations of any Guarantor is limited or terminated by operation of law or by such Guarantor, or any such Guarantor becomes the subject of an insolvency proceeding.
Appears in 6 contracts
Sources: Loan and Security Agreement (SLS International Inc), Loan Agreement (Karts International Inc), Loan Agreement (Karts International Inc)
GUARANTOR’S OBLIGATIONS. If any of the obligations of any Guarantor guarantor under the Financing Documents is limited or terminated by operation of law or by such Guarantorthe guarantor, or any such Guarantor guarantor becomes the subject of an insolvency proceeding.
Appears in 3 contracts
Sources: Security Agreement (Karts International Inc), Guaranty (Red Oak Hereford Farms Inc), Note Purchase Agreement (Obsidian Enterprises Inc)
GUARANTOR’S OBLIGATIONS. If any of the obligations of any Guarantor guarantor under the Financing Documents or other third-party agreement related to the transactions contemplated hereby is limited or terminated by operation of law or by such Guarantorthe guarantor, or any such Guarantor guarantor becomes the subject of an insolvency proceeding.
Appears in 1 contract
GUARANTOR’S OBLIGATIONS. If any of the obligations of any Guarantor is limited or terminated by operation of law or by such the Guarantor, or any such Guarantor becomes the subject of an insolvency proceeding.
Appears in 1 contract
Sources: Revolving Account Transfer and Purchase Agreement (Oryx Technology Corp)