Impairment of Security Interests. Take or omit to take any action which action or omission might or would materially impair the security interests in favor of the Secured Parties with respect to the Collateral.
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Samples: Credit Agreement (Integra Lifesciences Holdings Corp), Credit Agreement (Integra Lifesciences Holdings Corp)
Impairment of Security Interests. Take or omit to take any action which action or omission might or would materially impair the security interests in favor of the Secured Parties with respect to the Collateral or (b) grant to any Person (other than the Administrative Agent pursuant to the Collateral Documents) any interest whatsoever in the Collateral, except for the non-possessory Liens permitted under Section 7.01.
Appears in 2 contracts
Samples: Security Agreement (Global Power Equipment Group Inc/), Credit Agreement (HFF, Inc.)
Impairment of Security Interests. (a) Take or omit to take any action which action or omission with respect to the Collateral that might or would materially impair have the result of affecting or impairing the security interests interest in the Collateral in favor of the Secured Parties with respect to the Collateral.Lender, or
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Impairment of Security Interests. Take or omit to take any action which action or omission might or would materially impair the security interests in favor of the Secured Parties with respect to the Collateral or grant to any Person (other than the Administrative Agent pursuant to the Collateral Documents) any interest whatsoever in the Collateral, except for the non-possessory Liens permitted under Section 7.01.
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