Common use of OTHER CONTRACTS OR OBLIGATIONS Clause in Contracts

OTHER CONTRACTS OR OBLIGATIONS. Borrower shall not default on any material contract with or obligations when due to a third party or default in the performance of any obligation to a third party incurred for money borrowed in an amount in excess of $100,000.00. JUDGMENT

Appears in 2 contracts

Sources: Loan Agreement (Optical Cable Corp), Loan Agreement (Optical Cable Corp)

OTHER CONTRACTS OR OBLIGATIONS. Borrower shall not default on any material contract with or obligations when due to a third party or default in the performance of any obligation to a third party incurred for money borrowed in an amount in excess of $100,000.00borrowed. JUDGMENTJUDGMENT ENTERED. Borrower shall not

Appears in 1 contract

Sources: Loan Agreement (Marcum Natural Gas Services Inc/New)