Common use of COVENANTS OF DEBTOR Clause in Contracts

COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iii) to permit Bank to exercise its powers; (iv) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (v) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (vi) not to change the places where Debtor keeps any Collateral or Debtor’s records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (vii) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 12 contracts

Samples: Security Agreement (Barrett Business Services Inc), Continuing Security Agreement (Mocon Inc), Security Agreement (Hemacare Corp /Ca/)

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COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iii) to permit Bank to exercise its powers; (iv) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (v) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (vi) not to change the places where Debtor keeps any Collateral or Debtor’s 's records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (vii) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 10 contracts

Samples: Letter of Credit Agreement (Bebe Stores, Inc.), Security Agreement (Sharps Compliance Corp), Security Agreement (S&W Seed Co)

COVENANTS OF DEBTOR. (a) 6.1 Debtor agrees in general: (ia) to pay Indebtedness secured hereby when due; (iib) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iiic) to permit Bank to exercise its powers; (ivd) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (ve) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (vif) not to change the places where Debtor keeps any Collateral or Debtor’s records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (viig) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 4 contracts

Samples: Continuing Security Agreement (Tilly's, Inc.), Continuing Security Agreement (Tilly's, Inc.), Security Agreement (Tilly's, Inc.)

COVENANTS OF DEBTOR. (a) 6.1 Debtor agrees Agrees in general: (ia) to pay Indebtedness secured hereby when due; (iib) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iiic) to permit Bank to exercise its powers; (ivd) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (ve) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (vif) not to change the places where Debtor keeps any Collateral or Debtor’s records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (viig) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 3 contracts

Samples: Continuing Security Agreement (Willdan Group, Inc.), Security Agreement (Willdan Group, Inc.), Continuing Security Agreement (S&W Seed Co)

COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iii) to permit Bank to exercise its powers; (iv) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (v) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (vi) not to change the places where Debtor keeps any Collateral or Debtor’s 's records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; (vii) not to sell, lease, transfer or otherwise dispose of all or a substantial or material portion of Debtor's assets except in the ordinary course of its business, nor accomplish any of the above by virtue of a division or similar transaction; and (viiviii) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 3 contracts

Samples: Security Agreement (Natural Alternatives International Inc), Security Agreement (Natural Alternatives International Inc), Security Agreement (Adtran Inc)

COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Trade Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iii) to permit Trade Bank to exercise its powers; (iv) to execute and deliver such documents as Trade Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (v) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Trade Bank prior written notice thereof; (vi) not to change the places where Debtor keeps any Collateral or Debtor’s records concerning the Collateral and Proceeds without giving Trade Bank prior written notice of the address to which Debtor is moving same; and (vii) to cooperate with Trade Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Trade Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 2 contracts

Samples: Security Agreement (Design Within Reach Inc), Continuing Security Agreement (Design Within Reach Inc)

COVENANTS OF DEBTOR. (a) 6.1 Debtor agrees Agrees in general: (ia) to pay Indebtedness secured hereby when due; (iib) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iiic) to permit Bank to exercise its powers; (ivd) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (ve) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (vif) not to change the places where Debtor keeps any Collateral or Debtor’s 's records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (viig) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 2 contracts

Samples: content.edgar-online.com, Security Agreement (Englobal Corp)

COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iiiii) to permit Bank to exercise its powers; (iviii) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (viv) not to change its Debtor’s name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (viv) not to change the places where Debtor keeps any of the Collateral or Debtor’s records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving samesame ; and (viivi) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 2 contracts

Samples: Security Agreement (Pfenex Inc.), Security Agreement (Cancer Genetics, Inc)

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COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iiiii) to permit Bank to exercise its powers; (iviii) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (viv) not to change its Debtor’s name, and as applicable, its chief executive office, its principal residence office or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (viv) not to change the places where Debtor keeps any of the Collateral or Debtor’s records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving samesame ; and (viivi) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 1 contract

Samples: Security Agreement (Mocon Inc)

COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject heretohereto (except to the extent caused by the gross negligence or willful misconduct of Bank); (iii) to permit Bank to exercise its powers; (iv) to execute and deliver such documents as Bank reasonably deems necessary to create, perfect and continue the security interests contemplated hereby; (v) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (vi) not to change the places where Debtor keeps any Collateral or Debtor’s 's records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (vii) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank reasonably deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 1 contract

Samples: Security Agreement (American Woodmark Corp)

COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Bank Lender against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (iii) to permit Bank Lender to exercise its powers; (iv) to execute and deliver such documents as Bank Lender deems necessary to create, perfect and continue the security interests contemplated hereby; (v) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank Lender prior written notice thereof; (vi) not to change the places where Debtor keeps any Collateral or Debtor’s 's records concerning the Collateral and Proceeds without giving Bank Lender prior written notice of the address to which Debtor is moving same; and (vii) to cooperate with Bank Lender in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank Lender deems necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 1 contract

Samples: Security Agreement (Vicon Industries Inc /Ny/)

COVENANTS OF DEBTOR. (a) Debtor agrees in general: (i) to pay Indebtedness secured hereby when due; (ii) to indemnify Bank against all losses, claims, demands, liabilities and expenses (including reasonable attorneys fees) of every kind caused by property the Collateral subject hereto; (iii) to permit Bank to exercise its powerspowers set forth herein; (iv) to execute and deliver such documents as Bank deems reasonably necessary to create, perfect and continue the security interests contemplated hereby; (v) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in which it is organized and/or registered without giving Bank prior written notice thereof; (vi) not to change the places where Debtor keeps any Collateral or Debtor’s records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (vii) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems reasonably necessary, proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.

Appears in 1 contract

Samples: Security Agreement (LendingClub Corp)

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