Common use of Responsible Parties Clause in Contracts

Responsible Parties. Debtor shall notify Secured Party of the occurrence of any event specified in Section 1.1(o)(v) with respect to any Responsible Party promptly after receiving notice thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (Delsoft Consulting Inc), Loan and Security Agreement (Computone Corporation), Security Agreement (American Artists Film Corp/Mo/)

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Responsible Parties. Debtor shall notify Secured Party of the occurrence of any event specified in Section 1.1(o)(v11.1(v)(iv) with respect to any Responsible Party promptly after receiving notice thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc), Loan and Security Agreement (Napco Security Systems Inc)

Responsible Parties. Debtor shall notify Secured Party of the occurrence of any event specified in Section 1.1(o)(v1.1(dd)(iv) with respect to any Responsible Party promptly after receiving notice thereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (FFP Partners L P), Loan and Security Agreement (FFP Marketing Co Inc), Loan and Security Agreement (FFP Partners L P)

Responsible Parties. Debtor shall notify Secured Party of the occurrence of any event specified in Section 1.1(o)(v1.1(v)(iv) with respect to any Responsible Party promptly after receiving notice thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Otr Express Inc/Ks)

Responsible Parties. Debtor shall notify Secured Party Agent of the occurrence of any event specified in Section 1.1(o)(v1.1(w)(iv) with respect to any Responsible Party promptly after receiving notice thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Sigmatron International Inc)

Responsible Parties. Debtor shall notify Secured Party of the occurrence of any event specified in Section 1.1(o)(vl.l(g)(v) with respect to any Responsible Party Account Debtor promptly after receiving notice thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Jupitermedia Corp)

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Responsible Parties. Debtor shall notify Secured Party of the occurrence of any event specified in Section 1.1(o)(v1.1(v)(iv) with respect to any Responsible Party promptly after receiving notice thereof.. 9.9

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Air Group Inc)

Responsible Parties. Debtor Debtors shall notify Secured Party of the occurrence of any event specified in Section 1.1(o)(v1.1(z)(iii) with respect to any Responsible Party promptly after receiving notice thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Elecsys Corp)

Responsible Parties. Debtor shall notify Secured Party of the occurrence of any event specified in Section 1.1(o)(v1.1(dd) (v) with respect to any Responsible Party Party, promptly after receiving notice thereofthereof provided such event has a material effect on the Receivables Borrowing Base.

Appears in 1 contract

Samples: Loan and Security Agreement (Iwl Communications Inc)

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