Preference Payments. Any monies Lender pays because of an asserted preference claim in Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Grantor as provided in this Agreement.
Appears in 10 contracts
Sources: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Eaco Corp), Commercial Security Agreement (Applied Optoelectronics, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Grantor's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Grantor as provided in this Agreement.
Appears in 8 contracts
Sources: Commercial Pledge Agreement (Landsea Holdings Corp), Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Laird Superfood, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Grantor's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Grantor as provided above in the “Expenditures By Lender” paragraph of this Agreement.
Appears in 4 contracts
Sources: Commercial Security Agreement (Premier Power Renewable Energy, Inc.), Commercial Security Agreement (Premier Power Renewable Energy, Inc.), Commercial Security Agreement (Premier Power Renewable Energy, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Grantor as provided above in this Agreementthe "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Sources: Loan Agreement (Obie Media Corp)
Preference Payments. Any monies Lender pays because of of. an asserted preference claim in Grantor's bankruptcy will become a part of the Indebtedness and, at Lender▇▇▇▇▇▇'s option, shall be payable by Grantor as provided in this Agreement.
Appears in 1 contract