Common use of Events Affecting Guarantor Clause in Contracts

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 81 contracts

Samples: Business Loan Agreement (Ames National Corp), Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.)

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Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 19 contracts

Samples: Business Loan Agreement (American Consumers Inc), Loan Agreement (Amphastar Pharmaceuticals, Inc.), Loan Agreement and Note (Nutech Digital Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor guarantor, endorser, surety, or accommodation party of any of the Indebtedness indebtedness or any Guarantor guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtednessindebtedness evidenced by this Note. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 13 contracts

Samples: Business Loan Agreement (Wilhelmina International, Inc.), Business Loan Agreement (Wilhelmina International, Inc.), Loan Agreement (Torotel Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. Insecurity. Lender in good faith believes itself insecure.

Appears in 9 contracts

Samples: Business Loan Agreement, Business Loan Agreement (Rocky Mountain Chocolate Factory Inc), Business Loan Agreement (Rocky Mountain Chocolate Factory Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor guarantor, endorser, surety, or accommodation party of any of the Indebtedness or any Guarantor guarantor, endorser, surety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the IndebtednessIndebtedness evidenced by this Note. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 9 contracts

Samples: Change in Terms Agreement (Electromed, Inc.), Change in Terms Agreement (Widepoint Corp), Change in Terms Agreement (Electromed, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtednessindebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 5 contracts

Samples: Loan Agreement (Apollo Medical Holdings, Inc.), Business Loan Agreement (TX Holdings, Inc.), Business Loan Agreement (Broadway Financial Corp \De\)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtednessindebtedness evidenced by this Note. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 4 contracts

Samples: Business Loan Agreement (TX Holdings, Inc.), Business Loan Agreement (Torotel Inc), Business Loan Agreement (NYTEX Energy Holdings, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs occur with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or dies, becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the IndebtednessIndebtednes. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 4 contracts

Samples: Business Loan Agreement (TSS, Inc.), Business Loan Agreement (TSS, Inc.), Business Loan Agreement (TSS, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 4 contracts

Samples: Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Laird Superfood, Inc.), Business Loan Agreement (Elecsys Corp)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. Insecurity. Lender in good faith believes itself insecure.

Appears in 2 contracts

Samples: Business Loan Agreement (Rocky Mountain Chocolate Factory Inc), Business Loan Agreement (Rocky Mountain Chocolate Factory Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, incompetent or revokes or disputes the validity of, of or liability under, under any Guaranty of the Indebtedness. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 2 contracts

Samples: Business Loan Agreement (Real Goods Trading Corp), Business Loan Agreement (Real Goods Trading Corp)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness lndebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in OwnershipOwnership . Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. Insecurity . Lender in good faith believes itself insecure.

Appears in 2 contracts

Samples: Hickok Inc, Hickok Inc

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the IndebtednessIndebtedness evidenced by this Note. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 2 contracts

Samples: Change in Terms Agreement (Eaco Corp), Change in Terms Agreement (Rubios Restaurants Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in In Ownership. Any change in ownership of twenty-five percent (2526%) or more of the common stock of Borrower.

Appears in 2 contracts

Samples: Quadrax Corp, Quadrax Corp

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, . or revokes or disputes the validity of, or liability under, . any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent ({25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Torotel Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetentIndebtedness, or Guarantor revokes or disputes the validity of, or liability under, any Guaranty of the IndebtednessGuaranty. Change in Ownership. Any change in ownership of twentyfifty-five one percent (2551%) or more of the common stock of Borrower.Borrower or Parent, or any other change in control transaction involving the Borrower or Parent. DISCUSS

Appears in 1 contract

Samples: Business Loan Agreement (Advanced Life Sciences Holdings, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. Insecurity. Lender in good faith believes itself insecure.

Appears in 1 contract

Samples: Business Loan Agreement (Badger Meter Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any Ownership .Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrowerborrower.

Appears in 1 contract

Samples: Business Loan Agreement (AMERICAN POWER GROUP Corp)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the IndebtednessIndebtedness evidenced by this Note. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Westmoreland Coal Co

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtednessindebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Synergetics Usa Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Mendocino Brewing Co Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, Indebtness or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (NPR Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in In Ownership. Any change in ownership of twenty-five hve percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Colonial Downs Holdings Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five forty percent (2540%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (BioLife4D Corp)

Events Affecting Guarantor. Any of the preceding events occurs occur with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or dies, becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (TSS, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) % or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (BayFirst Financial Corp.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Loan No: 81289 BUSINESS LOAN AGREEMENT (Continued) Page 7 Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Arts Way Manufacturing Co Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in In Ownership. Any change in controlling ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Ea Engineering Science & Technology Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent per cent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Security Agreement (AMERICAN POWER GROUP Corp)

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Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtednessindebtedness. 7 BUSINESS LOAN AGREEMENT (Continued) Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Westmoreland Coal Co

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any such Guarantor dies or becomes incompetent, incompetent or any Guarantor revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtedness. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Sigma Designs Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. BUSINESS LOAN AGREEMENT (Continued) Page 7 Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Southern Michigan Bancorp Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the IndebtednessIndebtedness evidenced by this Note. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Change in Terms Agreement (NaturalShrimp Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any nay of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Remedy Corp)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 1 contract

Samples: Business Loan Agreement (Labor Ready Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. (Continued) Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. Insecurity. Lender in good faith believes itself insecure.

Appears in 1 contract

Samples: Business Loan Agreement (Rocky Mountain Chocolate Factory Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. , Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Amphastar Pharmaceuticals, Inc.

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the IndebtednessIndebtedness evidenced by this Note. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Titan Energy Worldwide, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any such Guarantor dies or becomes incompetentincompetent or seeks, claims or revokes otherwise attempts to limit, modify or disputes revoke the validity of, or liability under, guarantee of any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Medi Hut Co Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtednessindebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Optimumcare Corp /De/)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, incompetent or revokes or disputes the validity of, 01. or liability under, any Guaranty guaranty of the Indebtednessindebtedness evidenced by this Note. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Labwire Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the IndebtednessIndebtedness evidenced by this Note. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or of more of the common stock of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Labwire Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. Insecurity. Lender in good faith believes itself insecure.

Appears in 1 contract

Samples: Business Loan Agreement (Arena Resources Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Arts Way Manufacturing Co Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. BUSINESS LOAN AGREEMENT (ASSET BASED) Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Electromed, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor dies or becomes become incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtednessindebtedness evidenced by this Note. Change in Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

Appears in 1 contract

Samples: Westmoreland Coal Co

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any such Guarantor dies or becomes incompetent, incompetent or any Guarantor revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtedness. Change in In Ownership. Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 1 contract

Samples: Business Loan Agreement (Thanksgiving Coffee Co Inc)

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