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event shall such period of time exceed thirty (30) Business Days; or (ii)
<br />Borrower's failure to perform or observe any term, covenant, condition or
<br />obligation owed to Lender contained in any loan agreement, credit
<br />agreement or other agreement, document or instrument (other than this
<br />Note and the other Loan Documents), subject to applicable grace periods;
<br />c. Representations and Warranties. Any representation, warranty, certificate,
<br />or other statement (financial or otherwise) made or furnished by or on
<br />behalf of Borrower or a guarantor, if any, to Lender in or in connection
<br />with the Loan or any of the Loan Documents, or as an inducement to
<br />Lender to make the Loan, shall be false, incorrect incomplete or misleading
<br />in any material respect when made or furnished.
<br />d. Liens, Attachment: Condemnation. (i) The sequestration or attachment of,
<br />or any levy or execution upon the assets of Borrower, which sequestration,
<br />attachment, levy or execution is not released, expunged or dismissed within
<br />thirty (30) days and before the sale of the assets affected thereby;
<br />e. Death: Withdrawal. The death, retirement, incapacity, withdrawal or
<br />dissolution, as applicable, of Nicole Kutches, principal of Borrower and
<br />guarantor;
<br />f. Transfer of Property or Interest in Borrower. Borrower shall not, without
<br />the prior written consent of Lender, sell, transfer, mortgage, pledge,
<br />hypothecate, assign, encumber or otherwise dispose of, whether
<br />voluntarily, involuntarily or by operation of law, all or any part of its
<br />business assets (except for equipment and inventory in the ordinary course
<br />of its business), or sell, transfer, mortgage, pledge, hypothecate, assign,
<br />encumber or otherwise dispose of, whether voluntarily, involuntarily or by
<br />operation of law any interest (whether general or limited partnership
<br />interest, limited liability company interest, stock or otherwise) in Borrower;
<br />g-
<br />Adverse Financial Condition. Any change in the financial condition of
<br />Borrower, or, guarantor, or any other person or entity from the condition
<br />shown on the financial statement(s) submitted to Lender and relied upon by
<br />Lender in making the Loan which change has a Material Adverse Effect;
<br />h. Termination or Revocation of Guaranty. Any guarantor shall terminate or
<br />revoke or attempt or purport to terminate or revoke its guaranty of
<br />Borrower's obligations to Lender;
<br />i. Voluntary Bankruptcy: Insolvency: Dissolution. (i) The filing of a petition
<br />by Borrower for relief under the Bankruptcy Reform Act of 1978 (11 USC
<br />§101-1330), or under any other present or future federal or state law
<br />regarding bankruptcy, reorganization or other debtor relief (the
<br />"Bankruptcy Code"); (ii) the filing of any pleading or an answer by
<br />Borrower in any involuntary proceeding under the Bankruptcy Code or
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