Material Impairment. There is a material impairment of the prospect of repayment of the Obligations or a material impairment of Lender's continuing security interests in the Collateral;
Appears in 3 contracts
Sources: Loan and Security Agreement (Optical Cable Corp), Loan and Security Agreement (AMERI Holdings, Inc.), Loan and Security Agreement (Ag&e Holdings Inc.)
Material Impairment. There is a material impairment of the prospect of repayment of the Obligations or a material impairment of Lender's ’s continuing security interests in the Collateral;
Appears in 2 contracts
Sources: Loan and Security Agreement (Polar Power, Inc.), Loan and Security Agreement (Corporate Resource Services, Inc.)