Material Impairment. There is a material impairment of the prospect of repayment of the Obligations or a material impairment of BACC's continuing security interests in the Collateral;
Appears in 9 contracts
Samples: Loan and Security Agreement (Drinks Americas Holdings, LTD), Loan and Security Agreement (Reeds Inc), Loan and Security Agreement (K Tronik International Corp)
Material Impairment. There is a material impairment of the prospect of repayment of the Obligations or a material impairment of BACC's ’s continuing security interests in the Collateral;
Appears in 1 contract
