Common use of Removal of Collateral Clause in Contracts

Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns or permits to be concealed, removed, transferred, conveyed or assigned, or interferes with Lender's rights in any of the Collateral in violation of the terms of the Loan Documents or with the intent to hinder, delay or defraud any of its creditors including Lender.

Appears in 9 contracts

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp), Loan and Security Agreement (Bluegreen Vacations Corp), Loan Agreement (BBX Capital Corp)

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Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns assigns, or permits to be concealed, removed, transferred, conveyed conveyed, or assigned, or interferes with Lender's rights in any of the Collateral in violation of the terms of any of the Loan Documents or with the intent to hinder, delay delay, or defraud its creditors or any of its creditors including them, including, without limitation, Lender.

Appears in 6 contracts

Samples: Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc)

Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns or permits to be concealed, removed, transferred, conveyed or assigned, or interferes with Lender's rights in any of the Collateral in violation of the terms of the Loan Documents or with the intent to hinder, delay or defraud its creditors or any of its creditors including them including, without limitation, Agent or any Lender.

Appears in 4 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement Inventory (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns or permits to be concealed, removed, transferred, conveyed or assigned, or interferes with Lender's rights in any of the Collateral in violation of the terms of the Acquisition Loan Documents or with the intent to hinder, delay or defraud any of its creditors including Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bluegreen Vacations Corp), Loan and Security Agreement (BBX Capital Corp)

Removal of Collateral. If either Borrower conceals, removes, transfers, conveys, assigns or permits to be concealed, removed, transferred, conveyed or assigned, or interferes with Lender's rights in any of the Collateral in violation of the terms of the Loan Documents or with the intent to hinder, delay or defraud its creditors or any of its creditors including them including, without limitation, any Lender.

Appears in 1 contract

Samples: Security and Agency Agreement (Bluegreen Corp)

Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns assigns, or permits to be concealed, removed, transferred, conveyed conveyed, or assigned, or interferes with Lender's rights in any of the Collateral Collateral, other than in the ordinary course of Borrower's business, in violation of the terms of any of the Loan Documents or with the intent to hinder, delay delay, or defraud their creditors or any of its creditors including them, including, without limitation, Lender.. RECEIVABLES LOAN AND SECURITY AGREEMENT

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)

Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns or permits to be concealed, removed, transferred, conveyed or assigned, or interferes with Lender's rights in any of the Collateral in violation of the terms of any of the Loan Documents or with the intent to hinder, delay or defraud its creditors or any of its creditors including them, including, without limitation, Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Cr Resorts Capital S De R L De C V)

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Removal of Collateral. If any Borrower conceals, removes, transfers, conveys, assigns assigns, or permits to be concealed, removed, transferred, conveyed conveyed, or assigned, or interferes with Lender's rights in any of the Collateral in violation of the terms of the any Loan Documents Document or with the intent to hinder, delay delay, or defraud its creditors or any of its creditors including Lenderthem including, without limitation, CapitalSource.

Appears in 1 contract

Samples: Second Master Loan Modification Agreement (Equivest Finance Inc)

Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns or ---------------------- permits to be concealed, concealed or removed, transferred, conveyed or assigned, or interferes with Lender's rights in any of the Collateral in violation of the terms of the Loan Documents or with the intent to hinder, delay or defraud its creditors or any of its creditors including them including, without limitation, Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Mego Financial Corp)

Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns or permits to be concealed, removed, transferred, conveyed or assigned, or interferes with Lender's rights in any of the Collateral or any of its assets in violation of the terms of the Loan Documents or with the intent to hinder, delay or defraud its creditors or any of its creditors including them including, without limitation, Lender.

Appears in 1 contract

Samples: Construction Loan and Security Agreement (Bluegreen Corp)

Removal of Collateral. If Borrower conceals, removes, transfers, conveys, assigns or permits to be concealed, removed, transferred, conveyed or assigned, or interferes with LenderAdministrative Agent's rights in any of the Collateral in violation of the terms of the Loan Documents or with the intent to hinder, delay or defraud any of its creditors including LenderAdministrative Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp)

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