Impairment. If there is a material impairment of the prospect of repayment of all or any portion of the Obligations owing to Capital or a material impairment of the value or priority of Capital's security interests in the Collateral;
Appears in 7 contracts
Sources: Loan and Security Agreement (First Choice Healthcare Solutions, Inc.), Loan and Security Agreement (Stratus Services Group Inc), Loan and Security Agreement (Celtic Investment Inc)
Impairment. If there is a material impairment of the prospect of repayment of all or any portion of the Obligations owing to Capital Bank or a material impairment of the value or priority of Capital's Bank’s security interests in the Collateral;
Appears in 2 contracts
Sources: Term Loan Agreement (Cherokee Inc), Term Loan Agreement (Cherokee Inc)
Impairment. If there is a material impairment of the prospect of repayment of all or any portion of the Secured Obligations owing to Capital or a material impairment of the value or priority of CapitalLender's security interests in the Collateral;
Appears in 1 contract