Common use of Impairment of Collateral Clause in Contracts

Impairment of Collateral. There shall occur any injury or damage to all or any part of the Collateral or all or any part of the Collateral shall be lost, stolen or destroyed.

Appears in 22 contracts

Samples: Credit Agreement (Primoris Services Corp), Credit Agreement (Biolase Technology Inc), Letter of Credit Sub Facility) (Golden State Vintners Inc)

AutoNDA by SimpleDocs

Impairment of Collateral. There shall occur any injury or damage to all or any part of the Collateral or all or any part of the Collateral shall be lost, stolen or destroyeddestroyed resulting in a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Lake Area Corn Processors LLC), Credit Agreement (Husker Ag LLC), Credit Agreement (E Energy Adams LLC)

Impairment of Collateral. There shall occur any injury or damage to all or any part of the Collateral or all or any part of the Collateral shall be lost, stolen or destroyed.. 7.12

Appears in 2 contracts

Samples: Agreement (Golden State Vintners Inc), Agreement (Golden State Vintners Inc)

Impairment of Collateral. There shall occur any injury or damage to all or any a material part of the Collateral or all or any a material part of the Collateral shall be lost, stolen or destroyed.

Appears in 2 contracts

Samples: Finance Credit Agreement, Trade Finance Credit Agreement (Variflex Inc)

Impairment of Collateral. There shall occur any injury or damage to all or any part of the Collateral or all or any part of the Collateral shall be lost, stolen or destroyed.. SECTION

Appears in 2 contracts

Samples: Loan Disbursement Instructions (Scientific Technologies Inc), Credit Agreement (Guidance Software, Inc.)

AutoNDA by SimpleDocs

Impairment of Collateral. There shall occur any injury or damage to all or any part of the Collateral or all or any part of the Collateral shall be lost, stolen or destroyeddestroyed which changes cause the Collateral, in the sole and absolute judgement of the Bank, to become unacceptable as to character and value.

Appears in 1 contract

Samples: Accounts Receivable Credit Agreement (Atg Inc)

Impairment of Collateral. There shall occur any injury or damage to all or any part substantially all of the Collateral or all or any part substantially all of the Collateral shall be lost, stolen or destroyed.

Appears in 1 contract

Samples: Credit Agreement (Osi Systems Inc)

Impairment of Collateral. There shall occur any material injury or damage to all or any part of the Collateral or all or any part of the Collateral shall be lost, stolen or destroyeddestroyed and not covered by insurance.

Appears in 1 contract

Samples: Credit Agreement (Guidance Software, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.