Deemed Insecure Sample Clauses

Deemed Insecure. Lender, at any time and in good faith, shall deem itself insecure (and for purposes of this Agreement, Lender shall be entitled to deem itself insecure when some event occurs, fails to occur, or is threatened or some objective condition exists or is threatened which materially impairs the prospects that any of the Obligations will not be paid when due, or which materially affects the financial or business condition or results of operations of the Borrower).

Deemed Insecure. In the event and at such time as Secured Party reasonably deems the security interest in the Shares granted pursuant to Paragraph 2 of this Agreement to be insufficient to secure payment and performance of the Obligations, Secured Party may, pursuant to the terms of this Agreement, require Borrower and Borrower hereby agrees (a) to grant Secured Party a security interest in such additional property as Secured Party in its sole discretion may designate; and (b) to procure, execute and deliver any endorsements, assignments, financing statements and any other writing or instrument deemed necessary and appropriate by Secured Party to perfect, maintain and protect its security interest in such additional property and the priority thereof. Such additional property shall be considered Collateral for all purposes of this Agreement.

Deemed Insecure. Lender reasonably shall deem itself, its security interest, the Land or the Obligations unsafe or insecure; or should Lender otherwise reasonably believe that the prospect of payment or other performance is impaired.

Deemed Insecure. Whenever Microsoft determines in its discretion that MZI's financial condition is reasonably likely to affect adversely MZI's ability to perform this Agreement according to its terms, Microsoft, in addition to its other remedies, shall have the right to deem its position as insecure and by immediately effective notice to change the payment terms so that each Microsoft payment thereafter is expressly conditioned upon, and not due until, MZI furnishes Microsoft with lien waivers or other evidence satisfactory to Microsoft showing that (i) MZI has paid all suppliers and interested parties and that the Goods and Services to which the payment relates have been delivered and furnished to Microsoft free of liens, claims, or encumbrances, and (ii) MZI is solely entitled to such payment. ***[REDACTED]-Confidential treatment requested***