Impairment of Security Interests. Except as otherwise permitted pursuant to any of the Loan Documents, it shall not directly or indirectly, take any action or do anything that would have the effect of terminating, limiting in or impairing the perfection or priority of any Lien securing the Obligations except as expressly permitted under any Loan Document.
Appears in 4 contracts
Samples: Revolving Credit Agreement (James River Coal CO), Revolving Credit Agreement (James River Coal CO), Term Credit Agreement (James River Coal CO)
Impairment of Security Interests. Except as otherwise permitted pursuant to any of the Loan Documents, it shall not not, directly or indirectly, take any action or do anything that would have the effect of terminating, limiting in or impairing the perfection or priority of any Lien securing the Obligations except as expressly permitted under any Loan Document.
Appears in 1 contract
Samples: Secured Credit Agreement (Oppenheimer Holdings Inc)
Impairment of Security Interests. Except as otherwise permitted pursuant to any of the Loan Documents, it shall not directly or indirectly, take any action or do anything that would have the effect of terminating, limiting in or impairing the perfection or priority of any Lien securing the Obligations except as expressly permitted under any Loan Document.. 84
Appears in 1 contract
Impairment of Security Interests. Except as otherwise permitted pursuant to any of the Loan Documents, it shall not not, directly or indirectly, take any action or do anything that would have the effect of terminating, limiting in any material respect or impairing the perfection or priority of any Lien securing the Obligations except as expressly permitted under any Loan Document.
Appears in 1 contract
