No Impairment of Collateral Shares. Borrower shall not take any action that would materially impair the value of the Collateral Shares relative to the value of the Shares generally or impair Collateral Agent’s security interest therein or its ability to sell or otherwise realize against such Collateral Shares.
Appears in 4 contracts
Samples: Margin Loan Agreement (Teekay Corp), Margin Loan Agreement (Teekay Corp), Margin Loan Agreement (Teekay Corp)
No Impairment of Collateral Shares. Borrower The Borrowers shall not take any action that would materially impair the value of Lender’s security interest in the Collateral Shares relative to or the value of the Shares generally or impair Collateral AgentLender’s security interest therein or its ability to sell or otherwise realize exercise remedies against such Collateral Shares (including by agreeing to any Transfer Restrictions or Restrictive Conditions on the Collateral Shares).
Appears in 2 contracts
Samples: Margin Loan Agreement (Brookfield Asset Management Inc.), Margin Loan Agreement (Brookfield Asset Management Inc.)
No Impairment of Collateral Shares. Borrower shall not take any action that would materially impair the value of the Collateral Shares relative to the value of the Shares generally or impair Collateral Agent’s security interest therein or its ability to sell or otherwise realize against such Collateral Shares. Section 6.12.
Appears in 1 contract
Samples: Margin Loan Agreement (Teekay Corp)
No Impairment of Collateral Shares. Borrower shall not take any action that would materially impair the value of the Collateral Shares relative to the value of the Shares generally or impair Collateral Agentany Lender’s security interest therein or its ability to sell or otherwise realize against such Collateral Shares.
Appears in 1 contract
Samples: Margin Loan Agreement (Riverstone VI Centennial QB Holdings, L.P.)
