Revocation or Termination. If the Borrower is comprised of the trustee(s) of a trust, the trust is revoked or otherwise terminated or all or a substantial part of the Borrower's assets are distributed or otherwise disposed of.
Appears in 6 contracts
Sources: Loan Agreement (Lifeloc Technologies, Inc), Loan Agreement (Lifeloc Technologies, Inc), Loan Agreement (Tel Instrument Electronics Corp)
Revocation or Termination. If the Borrower is comprised of the trustee(s) of a trust, the trust is revoked or otherwise terminated or all or a substantial part of the Borrower's ’s assets are distributed or otherwise disposed of.
Appears in 5 contracts
Sources: Real Estate Loan Agreement, Loan Agreement (Insys Therapeutics, Inc.), Loan Agreement
Revocation or Termination. If the Borrower is comprised of the trustee(s) of a trust, the trust is revoked or otherwise Otherwise terminated or all or a substantial part of the Borrower's ’s assets are distributed or otherwise disposed of.
Appears in 1 contract
Revocation or Termination. If the Borrower is comprised of the trustee(s) of a trust, the trust is revoked or otherwise terminated or all or a substantial part of the Borrower's assets are distributed or otherwise disposed of.
Appears in 1 contract
Sources: Loan Modification Agreement (Tel Instrument Electronics Corp)
Revocation or Termination. If the Borrower any Obligor is comprised of the trustee(s) of a trust, the trust is revoked or otherwise terminated or all or a substantial part of the Borrower's Obligor’s assets are distributed or otherwise disposed of.
Appears in 1 contract
Sources: Master Credit Agreement (American Rebel Holdings Inc)