Material Impairment. Any material impairment of the prospect of repayment of any portion of the Obligations owing to the Credit Parties or a material impairment of the value or priority of the Credit Parties’ security interests in the Collateral; or
Appears in 3 contracts
Samples: Credit Agreement (Childrens Place, Inc.), Credit Agreement (Childrens Place Retail Stores Inc), Credit Agreement (Childrens Place Retail Stores Inc)
Material Impairment. Any If there is a material impairment of the prospect of repayment of all or any portion of the Obligations owing to the Credit Parties Obligations, or a material impairment of the value of the Collateral or the priority of the Credit Parties’ Bank's security interests in the Collateral; ortherein.
Appears in 2 contracts
Samples: Loan and Security Agreement (Micrel Inc), Loan and Security Agreement (Micrel Inc)
