COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness secured hereby when due; (b) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (c) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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; (g) 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 (h) 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 9 contracts
Samples: Loan Agreement (Pro Dex Inc), Control Agreement (Nastech Pharmaceutical Co Inc), Security Agreement (Microtel International Inc)
COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees agrees in general: (ai) to pay Indebtedness secured hereby when due; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (ciii) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (div) to permit Bank to exercise its powers; (ev) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (fvi) 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; (gvii) 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 (hviii) 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: Amended And (Tile Shop Holdings, Inc.), Security Agreement (SBS Technologies Inc), Credit Agreement (Itron Inc /Wa/)
COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness secured hereby when due; (b) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (c) to pay all costs and expenses, including reasonable attorneys' ’ fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's ’s interest therein and/or the realization, enforcement and exercise of Bank's ’s rights, powers and remedies hereunder; (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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; (g) 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 (h) 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: Credit Agreement (Interlink Electronics Inc), Credit Agreement (Natural Alternatives International Inc), Iteris, Inc.
COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness indebtedness secured hereby when due; (b) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (c) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest Interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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; (g) 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 (h) 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: Continuing Security Agreement (Gametech International Inc)
COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness secured hereby when due; (b) to indemnify indemnity Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (cC) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's Bank rights, powers and remedies hereunder; (d) to permit permit. Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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 and for registered without giving Bank prior written notice thereof; (g) not to change the places where Debtor keeps any Collateral or Debtor's records concerning the Collateral collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (h) to cooperate with Bank in perfecting all security interests granted herein and in obtaining such agreements from third parties as Bank deems necessary, necessary proper or convenient in connection with the preservation, perfection or enforcement of any of its rights hereunder.
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COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees agrees in general: (ai) to pay Indebtedness secured hereby when due; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (ciii) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (div) to permit Bank to exercise its powers; (ev) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; and (fvi) 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; (gvii) not to change its chief place of business or the places where Debtor keeps any of the Collateral or Debtor's records concerning the Collateral and Proceeds without first giving Bank prior written notice of the address to which Debtor is moving same; and (hviii) 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 or in connection with the preservation, perfection or enforcement of any of its rights hereunder.
Appears in 1 contract
Samples: Agreement (Allis Chalmers Corp)
COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness secured hereby when due; : (b) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (c) to pay all costs and expenses, including reasonable attorneys' ’ fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's ’s interest therein and/or the realization, enforcement and exercise of Bank's ’s rights, powers and remedies hereunder; (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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; (g) 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 (h) 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: Securities Account Control Agreement (Interwoven Inc)
COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees agrees in general: (ai) to pay Indebtedness secured hereby when duedue or within any applicable grace or cure period; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by relating to property subject hereto, unless due to the gross negligence or willful misconduct of Bank; (c) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (diii) to permit Bank to exercise its powers; (eiv) to execute and deliver such documents as Bank reasonably deems necessary to create, perfect and continue the security interests contemplated hereby; (fv) 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; (gvi) 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 (hvii) 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.
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COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness secured hereby when due; (b) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (c) to pay all costs and expenses, including reasonable attorneys' ’ fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's ’s interest therein and/or the realization, enforcement and exercise of Bank's ’s rights, powers and remedies hereunder; , (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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; (g) not to change the places where Debtor keeps any Collateral or Debtor's Debtors records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (h) 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 Its rights hereunder.
Appears in 1 contract
Samples: Evans & Sutherland Computer Corp
COVENANTS OF DEBTOR. 6.1 Debtor Agrees agrees in general: (a) to pay Indebtedness secured hereby when due; (b) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (c) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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; (g) 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 (h) 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
COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness secured hereby when due; (b) to indemnify Bank sank against all losses, claims, claims demands, liabilities and expenses of every kind caused by property subject hereto; hereto (c) to pay all costs and expenses, including reasonable attorneys' fees, incurred by the Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests interest contemplated hereby; (f) 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; : (g9) 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 (h) 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: Continuing Security Agreement (Incentra Solutions, Inc.)
COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees agrees in general: (ai) to pay Indebtedness secured hereby when due; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (ciii) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (div) to permit Bank to exercise its powerspower; (ev) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (fvi) 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; (gvii) 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 (hviii) 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
COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees agrees in general: (ai) to pay Indebtedness secured hereby when due; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (ciii) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (div) to permit Bank to exercise its powers; (ev) to execute and deliver such documents ' as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (fvi) 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; (gvii) not to change the places where Debtor keeps any Collateral or Debtor's Debtors records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (hviii) 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: General Pledge Agreement (United Financial Corp \Mn\)
COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees in general: (ai) to pay Indebtedness secured hereby when due; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (ciii) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (div) to permit Bank to exercise its powers; (ev) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (fvi) 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; (gvii) 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 (hviii) 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: Continuing Security Agreement (Barrett Business Services Inc)
COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees agrees in general: (ai) to pay Indebtedness indebtedness secured hereby when due; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject heretohereto (other than Bank's gross negligence or willful misconduct); (ciii) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (div) to permit Bank to exercise its powers; (ev) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (fvi) not to change its name, and as applicable, its chief executive office, its principal residence or the jurisdiction in in. which it is organized and/or registered without giving Bank prior written notice thereof; (gvii) 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 (hviii) to cooperate with Bank in perfecting all security interests 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 (Micrus Corp)
COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees agrees in general: (ai) to pay Indebtedness secured hereby when due; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject heretohereto other than losses arising as a result of the gross negligence or willful misconduct of Bank or any of its affiliates; (c) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (diii) to permit Bank to exercise its powers; (eiv) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (fv) 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; (gvi) 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 (hvii) 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
COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness secured hereby when due; (b) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (c) to pay all costs and expenses, including reasonable attorneys' fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's interest therein and/or the realization, enforcement and exercise of Bank's rights, powers and remedies hereunder; (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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; (g) not to change the places where Debtor keeps any Collateral or Debtor's Debtors records concerning the Collateral and Proceeds without giving Bank prior written notice of the address to which Debtor is moving same; and (h) 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: Agreement and Acknowledgment of Security Interest (Emrise CORP)
COVENANTS OF DEBTOR. 6.1 Debtor Agrees in general: (a) to pay Indebtedness indebtedness secured hereby when due; (b) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject hereto; (c) to pay all costs and expenses, including reasonable attorneys' ’ fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's ’s interest therein and/or the realization, enforcement and exercise of Bank's ’s rights, powers and remedies hereunder; (d) to permit Bank to exercise its powers; (e) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (f) 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; (g) 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 (h) 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
COVENANTS OF DEBTOR. 6.1 (a) Debtor Agrees agrees in general: (ai) to pay Indebtedness secured hereby when due; (bii) to indemnify Bank against all losses, claims, demands, liabilities and expenses of every kind caused by property subject heretothe Collateral and/or the Proceeds; (ciii) to pay all reasonable costs and expenses, including reasonable attorneys' ’ fees, incurred by Bank in the perfection and preservation of the Collateral or Bank's ’s interest therein and/or the realization, enforcement and exercise of Bank's ’s rights, powers and remedies hereunder; (div) to permit Bank to exercise its powerspowers hereunder and under the other Loan Documents; (ev) to execute and deliver such documents as Bank deems necessary to create, perfect and continue the security interests contemplated hereby; (fvi) 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 within thirty (30) days thereof; (g) 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 (hvii) 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 reasonably necessary in connection with the preservation, perfection or enforcement of any of its rights hereunder.
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