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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.