Common use of Adverse Transactions Clause in Contracts

Adverse Transactions. Neither Borrower nor Guarantor shall enter into any transaction (including without limitation any Series Supplement (as such term is defined in the Spread Account Agreement)) which adversely affects the Collateral or Lender's rights under this Agreement, the Promissory Note or the Guarantee.

Appears in 5 contracts

Samples: Credit and Security Agreement (Long Beach Holdings Corp), Credit and Security Agreement (Long Beach Holdings Corp), Credit and Security Agreement (Long Beach Holdings Corp)

AutoNDA by SimpleDocs

Adverse Transactions. Neither Borrower nor Guarantor shall enter into any transaction (including without limitation limitation, and subject to Section 5.15(c), any Series Supplement (as such term is defined in the Spread Account Agreement)) which adversely affects the Collateral or Lender's rights under this Agreement, the Promissory Note or the Guarantee.

Appears in 1 contract

Samples: Credit and Security Agreement (Long Beach Holdings Corp)

AutoNDA by SimpleDocs

Adverse Transactions. Neither Borrower nor Guarantor shall enter into any transaction (including without limitation any Series Supplement (as such term is defined in the Spread Account Agreement)) which adversely affects the Collateral or Lender's rights under this Agreement, the Promissory Note or the Guarantee.

Appears in 1 contract

Samples: Credit and Security Agreement (Long Beach Holdings Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.