Common use of Effect of Non-Compliance Clause in Contracts

Effect of Non-Compliance. To the extent any representation or warranty made herein shall be untrue in any material respect, such occurrence shall be deemed an Event of Default pursuant to the terms of the Loan Agreement and the other Loan Documents.

Appears in 9 contracts

Sources: Loan and Security Agreement (Transgenomic Inc), Loan and Security Agreement (Transgenomic Inc), Loan and Security Agreement (Transgenomic Inc)