Common use of Defective Collateralization Clause in Contracts

Defective Collateralization. This Mortgage or any of the Related Documents ceases to be in full force and effect (including failure of any collateral documents to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Sources: Loan and Security Agreement (Snowdance Inc)

Defective Collateralization. This Mortgage or any of the Related Documents ceases to be in full force and effect affect (including failure of any collateral documents document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Sources: Mortgage

Defective Collateralization. This Mortgage or any of the Related Documents ceases to be in full force and effect (including failure of any collateral documents Related Documents to create a valid and perfected security interest or lien) at any time and for any reason. .

Appears in 1 contract

Sources: Mortgage (Dynasil Corp of America)