Nature of Collateral Sample Clauses

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.
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Nature of Collateral. None of the Collateral constitutes, or is the proceeds of, farm products and none of the Collateral has been purchased will be used by Pledgor primarily for personal, family or household purposes, and except as indicated in the Perfection Certificate:
Nature of Collateral. None of the Collateral of such Grantor constitutes, or is the proceeds of, farm products and none of the Collateral has been purchased or will be used by such Grantor primarily for personal, family or household purposes, and as of the Closing Date, except as indicated in the Perfection Certificate and as of any date of any Perfection Supplement, except as indicated in such Perfection Supplement or in the Perfection Certificate:
Nature of Collateral. The Collateral may be installed in or located on the Premises and is not and shall not be deemed to be a fixture or part of the underlying real estate but shall at all times be considered personal property.
Nature of Collateral. None of the Collateral of such Grantor constitutes, or is the proceeds of, farm products and none of the Collateral has been purchased or will be used by such Grantor primarily for personal, family or household purposes, and as of the Closing Date, except as set forth on Schedule 6.06:
Nature of Collateral. At all times maintain the Collateral with a fair market value (as reasonably determined by the Borrowers) in excess of $250,000 as personal property and not affix any of such Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.
Nature of Collateral. In addition to all other liens, assignments and all other rights of Bank granted pursuant to any of the Loan Documents, the Collateral, together with all of Borrowers' other property of any kind held by Bank, shall stand as one general, continuing collateral security for all Obligations and may be retained by Bank until all Obligations have been satisfied in full.
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Nature of Collateral. The Collateral shall remain personal property, notwithstanding the manner in which it may be affixed to any real property. Borrower shall obtain and cause to be recorded, where appropriate, at its own expense, from each landlord, owner, mortgagee or any person having an encumbrance or lien upon the real property where the Collateral is located, a waiver of any lien, encumbrance or interest which such person might have or hereafter obtain or claim with respect to the Collateral. Borrower, at its expense, will protect and defend the title to the Collateral and will otherwise take all action required to keep the Collateral free and clear of all claims, levies, liens and encumbrances except for the security interest of Lender. Lender assumes no liability and makes no representation as to the treatment by Borrower of this Agreement, the Collateral, or the payments due hereunder for financial, accounting or tax purposes.
Nature of Collateral. None of the Collateral constitutes, or is the proceeds of, “farm products” as defined in Section 9-102(a)(34) of the NYUCC. None of the Collateral has been purchased for, or will be used by any Grantor primarily for personal, family or household purposes. Except as set forth on the Perfection Certificate or the most recent Perfection Supplement, as applicable, or otherwise notified to the Secured Party pursuant to Sections 6.12 or 6.13, respectively:
Nature of Collateral. Borrowers confirm and agree that all security interests and liens granted to Lender hereunder shall be deemed continuing unimpaired and in full force and effect until all Obligations hereunder are satisfied in full.
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