Common use of Asset Based Terms Clause in Contracts

Asset Based Terms. Without limiting Bank’s other rights and remedies, if an Event of Default under Section 8.2(ii) occurs, the provisions of Exhibit E hereto (the “Asset Based Terms”) shall be effective upon written notice by Bank to the Borrower.

Appears in 2 contracts

Sources: Loan Agreement (Volcano CORP), Loan and Security Agreement (Volcano CORP)

Asset Based Terms. Without limiting Bank’s other rights and remedies, if an Event of Default under Section 8.2(ii) occursoccurs and is continuing, the provisions of Exhibit E hereto (the “Asset Based TermsTerms Provisions”) shall be effective effective, upon written notice by Bank to the Borrower.

Appears in 1 contract

Sources: Loan and Security Agreement (Comverge, Inc.)