Common use of Adverse Transactions Clause in Contracts

Adverse Transactions. The Borrower shall not enter into any transaction which adversely affects the Collateral or its ability to repay the Obligations in full as and when due.

Appears in 4 contracts

Samples: Loan and Security Agreement (Griffin Industrial Realty, Inc.), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)

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Adverse Transactions. The Borrower shall not enter into any transaction which materially and adversely affects the Collateral or its ability to repay the Obligations in full as and when due.

Appears in 1 contract

Samples: Loan Agreement (Smith & Wesson Holding Corp)

Adverse Transactions. The Borrower shall not enter into any transaction which materially and adversely affects the Collateral or its their ability to repay the Obligations in full as and when due.

Appears in 1 contract

Samples: Loan and Security Agreement (Smith & Wesson Holding Corp)

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Adverse Transactions. The Borrower shall not enter into any transaction which materially and adversely affects the Collateral Mortgaged Premises or its their ability to repay the Obligations in full as and when due.

Appears in 1 contract

Samples: Loan Agreement (Mestek Inc)

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