Loss of Value of Collateral. Borrower shall immediately notify U.S. Bank of any material loss or decrease in the value of the Collateral.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Inventure Foods, Inc.)
Loss of Value of Collateral. The Borrower shall immediately notify U.S. Bank the Lender of any material loss or material decrease in the value of the Collateral.
Appears in 1 contract
Samples: Credit and Security Agreement (Five Star Quality Care Inc)
Loss of Value of Collateral. Borrower Borrowers shall immediately notify U.S. Bank Lender of any material loss or decrease in the value of the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Allied Defense Group Inc)