Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 37 contracts
Sources: Business Loan Agreement (Real Goods Trading Corp), Business Loan Agreement (Web Press Corp), Commercial Security Agreement (Credit Concepts Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 6 contracts
Sources: Commercial Security Agreement (Seamed Corp), Credit Agreement (Micro General Corp), Commercial Security Agreement (Viasat Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraphthis Agreement.
Appears in 2 contracts
Sources: Commercial Security Agreement (CarePayment Technologies, Inc.), Commercial Security Agreement (Microhelix Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraphSection 12 above.
Appears in 1 contract
Sources: Equipment Loan and Security Agreement (Dicon Fiberoptics Inc)
Preference Payments. Any All monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's borrowees bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, indebtedness and at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Sources: Loan Agreement (Incomnet Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's bankruptcy will become a part of the Indebtedness and, at Lender's Lenders option, shall be payable by Borrower as provided above in In the "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Preference Payments. Any monies Lender pays because of an asserted preference claim in BorrowerBorrowing's bankruptcy will become a part of the Indebtedness indebtedness and, at Lender's option, shall be payable by Borrower as provided above in the "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Sources: Commercial Security Agreement (Amphastar Pharmaceuticals, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's (13) bankruptcy will become a part of the Indebtedness indebtedness and, at Lender's option, shall be payable by Borrower (13) as provided above in the "EXPENDITURES BY LENDERExpenditures by Lender" paragraph.
Appears in 1 contract
Sources: Commercial Security Agreement (Eco Soil Systems Inc)