Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's or Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 3 contracts
Sources: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Heritage Global Inc.), Business Loan Agreement (Amphastar Pharmaceuticals, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's or Grantor's ’s bankruptcy will become a part of the Indebtedness Loan and, at Lender's ’s option, shall be payable by Borrower and Grantor as provided in this the Agreement.
Appears in 2 contracts
Sources: Sales Proceeds Sharing Agreement, Commercial Loan Agreement (DERMAdoctor, LLC)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's or Grantor's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Borrower and Grantor as provided above in this Agreementthe “EXPENDITURES BY LENDER” paragraph.
Appears in 2 contracts
Sources: Commercial Security Agreement (Sealand Natural Resources Inc), Note Purchase Agreement (Small World Kids Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's or Grantor's bankruptcy will become a part of the Indebtedness and, and at Lender's option, Lender s option shall be payable by Borrower and Grantor as provided above in this Agreementthe EXPENDITURES BY LENDER paragraph.
Appears in 2 contracts
Sources: Business Loan Agreement (Real Goods Trading Corp), Business Loan Agreement (Real Goods Trading Corp)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's ’s or Grantor's ’s bankruptcy will become a part of the Indebtedness ofthe indebtedness and, at Lender's ’s option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 1 contract
Sources: Commercial Security Agreement (Primal Solutions Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's or In Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 1 contract
Sources: Commercial Security Agreement (Paneltech International Holdings, Inc.)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's ’s or Grantor's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 1 contract
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's or Grantor's bankruptcy will become a part of the Indebtedness andindebtedness and , at Lender's option, option shall be payable by Borrower and Grantor as provided above in this Agreementthe "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Sources: Loan Agreement (Labor Ready Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in In Borrower's or Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower and Grantor as provided in this Agreementabove 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 or Grantor's ’s bankruptcy will become a part of the Indebtedness and, at Lender's ’s option, shall be payable by Borrower and Grantor as provided above in this Agreementthe “EXPENDITURES BY LENDER” Section.
Appears in 1 contract
Preference Payments. Any monies Lender pays because of an asserted assorted preference claim in Borrower's or Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 1 contract
Sources: Commercial Pledge and Security Agreement (Bj Chicago LLC)
Preference Payments. Any monies Lender pays because of an asserted preference claim in Borrower's or Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower and Grantor as provided provider above in this Agreementthe "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Sources: Loan Agreement (Autoweb Com Inc)
Preference Payments. Any monies Lender pays because of an asserted preference claim in In Borrower's or Grantor's bankruptcy will become a part of the Indebtedness and, at Lender's option, shall be payable by Borrower and Grantor as provided above in this Agreementthe "EXPENDITURES BY LENDER" paragraph.
Appears in 1 contract
Preference Payments. Any monies Lender Creditor pays because of an asserted preference claim in Borrower's or Grantor's bankruptcy will become a part of the Indebtedness and, at LenderCreditor's option, shall be payable by Borrower and Grantor as provided in this Agreement.
Appears in 1 contract
Sources: Confidential Settlement Agreement and Release (Accelerize Inc.)