Common use of Events Affecting Guarantor Clause in Contracts

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surely, or accommodation party of any of the Indebtedness or any Guarantor, or any other guarantor, endorser, surely, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness 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 4 contracts

Samples: Change in Terms Agreement (Landmark Bancorp Inc), Change in Terms Agreement (Landmark Bancorp Inc), Change in Terms Agreement (Landmark Bancorp Inc)

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Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtedness indebtedness 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 4 contracts

Samples: Business Loan Agreement (Elevate.Money REIT I, Inc.), Business Loan Agreement (Landmark Bancorp Inc), Monarch Cement Co

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness 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 3 contracts

Samples: Terms Agreement (XPEL, Inc.), Terms Agreement (XPEL, Inc.), Terms Agreement (XPEL, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or of revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness indebtedness 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 3 contracts

Samples: Change in Terms Agreement (Arts Way Manufacturing Co Inc), Change in Terms Agreement (Arts Way Manufacturing Co Inc), Change in Terms Agreement (Arts Way Manufacturing Co Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness indebtedness 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 3 contracts

Samples: Change in Terms Agreement (Allin Corp), Change in Terms Agreement (Allin Corp), Change in Terms Agreement (Allin Corp)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtedness indebtedness evidenced by this Note. PROMISSORY NOTE Change 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 (Loyalty Alliance Enterprise Corp), Loan Documents (Transcend Services Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtedness indebtedness 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: Loan Agreement (Badger Meter Inc), Letter Agreement (Midwest Banc Holdings Inc)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness 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 2 contracts

Samples: Change in Terms Agreement (Landmark Bancorp Inc), Business Loan Agreement (Landmark Bancorp Inc)

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Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtedness indebtedness evidenced by this Note. PROMISSORY 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 (Loyalty Alliance Enterprise Corp)

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

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, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtedness indebtedness 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 (Nocopi Technologies Inc/Md/)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness 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 (Boomerang Systems, Inc.)

Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party of any of the Indebtedness indebtedness or any Guarantor, or any other guarantor, endorser, surelysurety, or accommodation party dies or becomes incompetent, or revokes or disputes the validity of, or liability under, any Guaranty guaranty of the Indebtedness indebtedness 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: Business Loan Agreement (Arena Resources Inc)

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