Maintenance of Collateral. The Borrower shall maintain the Collateral in good working condition. The Borrower shall not use the Collateral for any unlawful purpose. The Borrower shall immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 3 contracts
Samples: Loan and Security Agreement (Metro One Telecommunications Inc), Loan and Security Agreement (Analogy Inc), Loan and Security Agreement (U S Online Communications Inc)
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The , and Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall immediately will promptly advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 2 contracts
Samples: Loan and Security Agreement (Netplex Group Inc), Loan and Security Agreement (Ibasis Inc)
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The condition (ordinary wear and tear excepted), and Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall immediately will as soon as practicable advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The , ordinary wear and tear excepted, and Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Infinium Software Inc)
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The condition *, and the Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall will immediately advise Silicon in writing of any material loss or damage to the Collateral.. * , REASONABLE WEAR AND TEAR EXCEPTED
Appears in 1 contract
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The , and the Borrower shall will not use the Collateral for any unlawful purpose. The the Borrower shall will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The condition *, and the Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall will immediately advise Silicon in writing of any material loss or damage to the Collateral.. * , SUBJECT TO ORDINARY WEAR AND TEAR
Appears in 1 contract
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The , and Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall immediately will* advise Silicon in writing of any material loss or damage to the Collateral.. *AS PROMPTLY AS PRACTICAL
Appears in 1 contract
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The , reasonable wear and tear excepted, and the Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Kofax Image Products Inc)
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The *, and Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall immediately will** advise Silicon in writing of any material loss or damage to the Collateral.. *(ORDINARY WEAR AND TEAR EXCEPTED) **AS PROMPTLY AS PRACTICAL
Appears in 1 contract
Samples: Loan and Security Agreement (Verso Technologies Inc)
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The condition (wear and tear expected), and Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. The Borrower shall will maintain the Collateral in good working condition. The condition (ordinary wear and tear excepted), and Borrower shall will not use the Collateral for any unlawful purpose. The Borrower shall will * immediately advise Silicon in writing of any material loss or damage to the Collateral.. * PROMPTLY
Appears in 1 contract
Samples: Loan and Security Agreement (First Virtual Communications Inc)
Maintenance of Collateral. The Borrower shall maintain the Collateral in good working conditionthe condition received, less reasonable wear and tear. The Borrower shall not use the Collateral for any unlawful purpose. The Borrower shall immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Rogue Wave Software Inc /Or/)
