Common use of Safeguarding Collateral Clause in Contracts

Safeguarding Collateral. Each Loan Party will take commercially reasonable efforts at all times to safeguard, protect and preserve all Collateral other than dispositions expressly permitted hereunder.

Appears in 1 contract

Sources: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

Safeguarding Collateral. Each Loan Party will take commercially reasonable efforts at all times to safeguard, protect protect, preserve and preserve maintain the value of all Collateral other than dispositions expressly permitted hereunderfor Collateral Agent's general account.

Appears in 1 contract

Sources: Loan and Security Agreement (Tb Woods Corp)