Common use of Cross-Default; Cross-Collateralization Clause in Contracts

Cross-Default; Cross-Collateralization. The Pledgors acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the Debentures, and that any event of default (following expiration of any applicable cure period) under the Debentures shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgors now or hereafter granted to the Pledgee by the Pledgors pursuant to any agreement, document or instrument, including, but not limited to, this Agreement or the Debentures shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgees may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgors Pledgor acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the Debentures, and that any event of default (following expiration of any applicable cure period) under the Debentures shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgors Pledgor now or hereafter granted to the Pledgee by the Pledgors Pledgor pursuant to any agreement, document or instrument, including, but not limited to, this Agreement or the Debentures shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgees Pledgee may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgors Pledgor acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the DebenturesConvertible Debentures and the other Transaction Documents, and that any event of default (following expiration of any applicable cure period) under the Convertible Debentures or any of the other Transaction Documents shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgors Pledgor now or hereafter granted to the Pledgee Pledgees by the Pledgors Pledgor pursuant to any agreement, document or instrument, including, but not limited to, this Agreement Agreement, the Purchase Agreement, the Warrants or the Debentures Convertible Debentures, shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgees may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgors Pledgor acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the Convertible Debentures, and that any event of default (following expiration of any applicable cure period) under the Convertible Debentures shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgors Pledgor now or hereafter granted to the Pledgee Pledgees by the Pledgors Pledgor pursuant to any agreement, document or instrument, including, but not limited to, this Agreement Agreement, the Modification Agreement, or the Debentures Convertible Debentures, shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgees may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgors acknowledges Each Pledgor and agrees the Company each acknowledge and agree that any default under the terms of this Agreement shall constitute a default by the Company under the Debentures, and that any event of default (following expiration of any applicable cure period) under the Debentures shall constitute a default under this AgreementDebenture. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgors any Pledgor now or hereafter granted to the Pledgee by the Pledgors any Pledgor pursuant to any agreement, document or instrument, including, but not limited to, this Agreement, the Purchase Agreement or the Debentures Debenture, shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgees Pledgee may resort to any such collateral in such order and manner as they Pledgee may elect.

Cross-Default; Cross-Collateralization. The Pledgors Pledgor acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the DebenturesNote, and that any event of default (following expiration of any applicable cure period) under the Debentures Note shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgors Pledgor now or hereafter granted to the Pledgee Pledgees by the Pledgors Pledgor pursuant to any agreement, document or instrument, including, but not limited to, this Agreement or the Debentures Note shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgees may resort to any such collateral in such order and manner as they may elect.

Cross-Default; Cross-Collateralization. The Pledgors each acknowledges and agrees that any default under the terms of this Agreement shall constitute a default by the Company under the Debentures, and that any event of default (following expiration of any applicable cure period) under the Debentures shall constitute a default under this Agreement. The security interests, liens and other rights and interests in and relative to any of the real or personal property of the Pledgors now or hereafter granted to the Pledgee by the Pledgors pursuant to any agreement, document or instrument, including, but not limited to, this Agreement or the Debentures shall serve as security for any and all of the Obligations, and, for the repayment thereof, Pledgees Pledgee may resort to any such collateral in such order and manner as they may elect.