Common use of Payable Upon Demand Clause in Contracts

Payable Upon Demand. To the extent that any of the Obligations is payable upon demand, nothing contained in this Agreement or any document contemplated hereby shall be construed to prevent Bank from making demand, without notice and with or without reason, for immediate payment of all or any part of such Obligations at any time or times, whether or not a Default or an Event of Default has occurred.

Appears in 4 contracts

Samples: Credit Agreement (Ballast Point Brewing & Spirits, Inc.), Credit Agreement (Nexx Systems Inc), Credit Agreement (Nexx Systems Inc)

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Payable Upon Demand. To the extent that any of the Obligations Indebtedness is payable upon demand, nothing contained in this Agreement or any document contemplated hereby other Loan Document shall be construed to prevent the Bank from making demand, without notice and with or without reason, for immediate payment of all or any part of such Obligations Indebtedness at any time or times, whether or not a Default or an Event of Default has occurred.

Appears in 1 contract

Samples: Security Agreement (Dovebid Inc)

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