Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor or endorser of the Liabilities, or the occurrence of any of the foregoing Events of Default with respect to any parent or subsidiary of any Borrower, as if such guarantor, endorser, parent, or subsidiary were the "Borrower" described therein.
Appears in 2 contracts
Sources: Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Jacobson Stores Inc)
Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor or endorser of the Liabilities, or the occurrence of any of the foregoing Events of Default with respect to any parent or subsidiary of any Borrower, as if such guarantor, endorser, parent, or subsidiary guarantor were the "Borrower" described therein.
Appears in 2 contracts
Sources: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Iparty Corp)
Default by Guarantor. The occurrence of any of the foregoing Events of Default with respect to any guarantor or endorser of the LiabilitiesGuarantor, or the occurrence of any of the foregoing Events of Default with respect to any parent parent, subsidiary, or subsidiary of any BorrowerRelated Entity, as if such guarantor, endorserGuarantor, parent, or subsidiary Related Entity were the "Borrower" described therein.
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