Common use of Disclosure of Material Matters Clause in Contracts

Disclosure of Material Matters. Promptly upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability of any portion of the Collateral with a value in excess of $250,000.

Appears in 3 contracts

Samples: Security Agreement (ARKO Corp.), Security Agreement (GPM Petroleum LP), Security Agreement (GPM Petroleum LP)

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Disclosure of Material Matters. Promptly upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability collectibility of any portion of the Collateral with having a value in excess of $250,0001,000,000 including, without limitation, Borrower's reclamation or repossession of, or the return to Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.

Appears in 1 contract

Samples: Security Agreement (Signal Apparel Company Inc)

Disclosure of Material Matters. Promptly upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability of any portion of the Collateral with a value in excess of $250,000500,0002,500,000, including any Borrower’s reclamation or repossession of, or the return to any Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.

Appears in 1 contract

Samples: Credit and Security Agreement (ARKO Corp.)

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Disclosure of Material Matters. Promptly upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability of any portion collectibility of the Collateral with a value in excess of $250,000on an aggregate basis.

Appears in 1 contract

Samples: Security Agreement (Kitty Hawk Inc)

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