Common use of Default by Guarantors Clause in Contracts

Default by Guarantors. If any Guarantor fails to pay any amounts due to the Lender or perform any of its obligations to the Lender under any of the Guaranties or security agreements to which it is a party when due or the revocation, limitation or termination or attempted revocation, limitation or termination of any of the obligations of any Guarantor under any of the Guaranties or security agreements; or

Appears in 2 contracts

Sources: Loan Agreement (Andersen Group Inc.), Loan Agreement (Andersen Group Inc.)

Default by Guarantors. If any Guarantor fails to pay any amounts due to the Lender of its indebtedness or perform any of its obligations to the Lender under any of the Guaranties or security agreements to which it is a party when due or the revocation, limitation or termination or attempted revocation, limitation or termination of any of the obligations of any Guarantor under any of the Guaranties or security agreements; orGuaranties;

Appears in 1 contract

Sources: Loan Agreement (Greenhill & Co Inc)

Default by Guarantors. If any Guarantor fails to pay any amounts due to the Lender of its indebtedness or perform any of its obligations to the Lender under any Guaranty for the benefit of the Guaranties or security agreements to which it is a party when due Lender or the revocation, limitation or termination or attempted revocation, limitation or termination of any of the obligations of any Guarantor under any Guaranty for the benefit of Lender, except in accordance with the Guaranties or security agreementsexpress written terms of such Guaranty; or

Appears in 1 contract

Sources: Loan Agreement (Woodbridge Liquidation Trust)