Common use of Swap Default Clause in Contracts

Swap Default. An event occurs which gives the Lender the right or option to terminate any Swap Contract which is secured by the Collateral.

Appears in 9 contracts

Samples: Financing and Security Agreement (ARGON ST, Inc.), Financing and Security Agreement (Argan Inc), Financing and Security Agreement (Healthextras Inc)

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Swap Default. An event occurs which gives the Lender Beneficiary the right or option to terminate any Swap Contract which is secured by the Collateralthis Deed of Trust.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (Sunrise Senior Living Inc), Security Agreement and Fixture Filing (Sunrise Senior Living Inc)

Swap Default. An event occurs which gives the Lender the right or option to terminate any Swap Contract which is secured by the CollateralContract.

Appears in 1 contract

Samples: Financing Agreement (Sunrise Assisted Living Inc)

Swap Default. An event occurs which gives the Lender the right or option to terminate (except as such right or option may arise in the ordinary course of business provided such right or option is not a default under such Swap Contract) any Swap Contract which is secured by the Collateral.

Appears in 1 contract

Samples: Financing and Security Agreement (Liquidity Services Inc)

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Swap Default. An event occurs which gives the Lender (or any affiliate of Lender) the right or option to terminate any Swap Contract which is secured by the Collateral.Contracts;

Appears in 1 contract

Samples: Loan Agreement (Powell Industries Inc)

Swap Default. An event occurs which gives the Lender or an affiliate of the Lender the right or option to terminate any Swap Contract which is secured swap contract entered into by the CollateralBorrower with the Lender or any such affiliate.

Appears in 1 contract

Samples: Agreement (Kirkland's, Inc)

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