Common use of Assigned Contracts Clause in Contracts

Assigned Contracts. Each Borrower shall fully perform all of its material obligations under each of the Assigned Contracts, and shall enforce all of its rights and remedies thereunder, in each case, as it deems appropriate in its business judgment; provided, however, that the Borrowers shall not take any action or fail to take any action with respect to the Assigned Contracts which would cause the termination of a material Assigned Contract. Without limiting the generality of the foregoing, each Borrower shall take all action necessary or appropriate to permit, and shall not take any action which would have any materially adverse effect upon, the full enforcement of all indemnification rights under its

Appears in 1 contract

Samples: Loan and Security Agreement (Eftc Corp/)

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Assigned Contracts. Each The Borrower shall fully perform all of its material obligations under each of the Assigned Contracts, and shall enforce all of its rights and remedies thereunder, in each case, as it deems appropriate in its business judgment; provided, however, that the Borrowers Borrower shall not take any action or fail to take any action with respect to the its Assigned Contracts which would cause the termination of a material Assigned Contract. Without limiting the generality of the foregoing, each the Borrower shall take all action necessary or appropriate to permit, and shall not take any action which would could reasonably be expected to have any materially adverse effect Material Adverse Effect upon, the full enforcement of all indemnification rights under its

Appears in 1 contract

Samples: Loan and Security Agreement (Anchor Glass Container Corp /New)

Assigned Contracts. Each The Borrower shall fully perform all of its material obligations under each of the Assigned Contracts, and shall enforce all of its rights and remedies thereunder, in each case, thereunder as it deems appropriate in its business judgment; , provided, however, that the Borrowers Borrower shall not take any action or fail to take any action with respect to the Assigned Contracts which that would cause result in a waiver or other loss of any material right or remedy of the termination of a material Assigned ContractBorrower thereunder. Without limiting the generality of the foregoing, each the Borrower shall take all action necessary or appropriate to permit, and shall not take any action which would have any materially adverse effect upon, the full enforcement of all indemnification rights under itsthe

Appears in 1 contract

Samples: Loan and Security Agreement (Paradyne Corp)

Assigned Contracts. Each Borrower shall fully perform all of its material obligations under each of the its Assigned Contracts, and shall enforce all of its rights and remedies thereunder, in each case, thereunder as it deems appropriate in its business judgment; provided, however, that the Borrowers no Borrower shall not take any action or fail to take any action with respect to the Assigned Contracts which would cause the termination result in a waiver or other loss of a any material Assigned Contractright or remedy of such Borrower thereunder. Without limiting the generality of the foregoing, each Borrower shall take all action necessary or appropriate to permit, and shall not take any action which would have any materially adverse effect upon, the full enforcement of all indemnification rights under its

Appears in 1 contract

Samples: Loan and Security Agreement (Roadmaster Industries Inc)

Assigned Contracts. Each Borrower shall fully perform all of its material obligations under each of the Assigned Contracts, and shall enforce all of its rights and remedies thereunder, in each case, as it deems appropriate in its business judgment; provided, however, that the Borrowers shall not take any action or fail to take any action with respect to the its Assigned Contracts which would cause the termination of a material Assigned Contract. Without limiting the generality of the foregoing, each Borrower the Borrowers shall take all action necessary or appropriate to permit, and shall not take any action which would have any materially adverse effect upon, the full enforcement of all indemnification rights under its

Appears in 1 contract

Samples: Loan and Security Agreement (Cerprobe Corp)

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Assigned Contracts. Each The Borrower shall fully perform all of its material obligations under each of the Assigned Contracts, and shall enforce all of its rights and remedies thereunder, in each case, as it deems appropriate in its business judgment; provided, however, that the Borrowers Borrower shall not take any action or fail to take any action with respect to the its Assigned Contracts which would cause the termination of a material Assigned Contract. Without limiting the generality of the foregoing, each the Borrower shall take all action necessary or appropriate to permit, and shall not take any action which would have any materially adverse effect upon, the full enforcement of all indemnification rights under its

Appears in 1 contract

Samples: Loan and Security Agreement (Good Guys Inc)

Assigned Contracts. Each The Borrower shall fully perform all of its material obligations under each of the Assigned Contracts, and shall enforce all of its rights and remedies thereunder, in each case, thereunder as it deems appropriate in its business judgment; provided, however, that the Borrowers Borrower shall not take any action or fail to take any action with respect to the its Assigned Contracts which would cause result in a waiver or other loss of any material right or remedy of the termination of a material Assigned ContractBorrower thereunder. Without limiting the generality of the foregoing, each the Borrower shall take all action necessary or appropriate to permit, and shall not take any action which would have any materially adverse effect upon, the full enforcement of all indemnification rights under its

Appears in 1 contract

Samples: Loan and Security Agreement (Consolidated Freightways Corp)

Assigned Contracts. Each Borrower shall fully perform all of its material obligations under each of the Assigned Contracts, and shall enforce all of its rights and remedies thereunder, in each case, as it deems appropriate in its business judgment; providedPROVIDED, howeverHOWEVER, that the Borrowers no Borrower shall not take any action or fail to take any action with respect to the its Assigned Contracts which would cause the termination of a material Assigned Contract. Without limiting the generality of the foregoing, each Borrower shall take all action necessary or appropriate to permit, and shall not take any action which would have any materially adverse effect upon, the full enforcement of all indemnification rights under its

Appears in 1 contract

Samples: Loan and Security Agreement (Worldtex Inc)

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