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, which changes cause the Collateral, in the sole and absolute judgement of the Bank, to become unacceptable as to character and value.
Appears in 9 contracts
Samples: Line of Credit Agreement (Interactive Group Inc), Agricultural Credit Agreement (Scheid Vineyards Inc), Agricultural Credit Agreement (Scheid Vineyards Inc)
Impairment of Collateral. There shall occur any injury deterioration or damage to impairment of all or any part of the Collateral or all any decline or any part depreciation in the value or market price of the Collateral shall be lost, stolen or destroyed, which changes cause causes the Collateral, in the sole and absolute judgement judgment of the Bank, to become unacceptable as to character and or value.
Appears in 3 contracts
Samples: Line of Credit Agreement (Neotherapeutics Inc), Security Agreement (Scheid Vineyards Inc), Security Agreement (Miravant Medical Technologies)
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, . 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: Term Loan Agreement (Dove Audio Inc)
Impairment of Collateral. There shall occur any injury material deterioration or damage to impairment of all or any part of the Collateral or all any decline or any part depreciation in the value or market price of the Collateral shall be lost, stolen or destroyed, which changes cause causes the Collateral, in the sole and absolute judgement judgment of the Bank, to become unacceptable as to character and or value.
Appears in 1 contract
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 stolen, or destroyed, or, with respect to Possessory Collateral, there shall occur any deterioration or impairment of all or any part of such Collateral or a decline or depreciation in the value or market price of such Collateral, which changes cause the Collateral, in the sole and absolute judgement of the Bank, to become unacceptable as to character and value.
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