Seizures. Any portion of the Collateral having a value in excess of $50,000 shall be seized or taken by a Governmental Body, or any Credit Party or the title and rights of any Credit Party or any Original Owner which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 4 contracts
Samples: Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (Perma Fix Environmental Services Inc)
Seizures. Any A portion of the Collateral having with a value in excess of $50,000 1,000,000 shall be seized or taken by a Governmental Body, or any Credit Party Borrower, Guarantor, or any of their respective Subsidiaries or the title and rights of any Credit Party Borrower, Guarantor, or any Original Owner which is the owner of any material portion of the Collateral their respective Subsidiaries shall have become the subject matter of a claim, litigation, suit or other proceeding which might, Agent has determined in the reasonable opinion exercise of Agentits Permitted Discretion, upon final determination, is reasonably likely result in impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 3 contracts
Samples: , and Security Agreement (Rocky Brands, Inc.), Guaranty, and Security Agreement (Rocky Brands, Inc.), Revolving Credit, Guaranty, and Security Agreement (Rocky Brands, Inc.)
Seizures. Any portion of the Collateral having a with an aggregate value in excess of $50,000 500,000 shall be seized or taken by a Governmental Body, or any Credit Party Borrower or any Guarantor or the title and rights of any Credit Party Borrower or any Original Owner Guarantor which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in material impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 3 contracts
Samples: Security Agreement (ARKO Corp.), Security Agreement (GPM Petroleum LP), Security Agreement (GPM Petroleum LP)
Seizures. Any (a) portion of the Collateral having a value in excess of $50,000 1,000,000 or more shall be seized seized, subject to garnishment or taken by a Governmental Body, or any Credit Party or (b) the title and rights of any Credit Loan Party or any Original Owner which is the owner of any material portion of the Collateral having a value of $1,000,000 or more shall have become the subject matter of claim, litigation, suit suit, garnishment or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 3 contracts
Samples: Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.), Security Agreement (Viant Technology Inc.), Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.)
Seizures. Any portion of the Collateral having a with an aggregate value in excess of $50,000 500,000 shall be seized or taken by a Governmental Body, or any Credit Party Borrower or the title and rights of any Credit Party or any Original Owner Borrower which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in material impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 3 contracts
Samples: Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.)
Seizures. Any Receivables or any portion of the other Collateral having a value in an amount in excess of $50,000 300,000 shall be seized or taken by a Governmental Body, or any Credit Party Borrower or any Guarantor or the title and rights of any Credit Party Borrower, any Guarantor or any Original Owner which is the owner of any material such portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which mightis reasonably likely, in the reasonable opinion Permitted Discretion of Agent, upon final determination, result in impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 2 contracts
Samples: Term Loan Credit and Security Agreement (EVINE Live Inc.), Security Agreement (Valuevision Media Inc)
Seizures. Any portion of the Collateral having a value in excess of -------- greater than $50,000 250,000 shall be seized or taken by a Governmental Body, or any Credit Party Borrower or any Guarantor or the title and rights of any Credit Party Borrower or any Original Owner Guarantor which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in impairment or loss of the security provided by this Agreement or the Other Documentsis reasonably likely to have a Material Adverse Effect;
Appears in 1 contract
Samples: Air Methods Corp
Seizures. Any portion of the Collateral having a with an aggregate value in excess of $50,000 500,0002,500,000 shall be seized or taken by a Governmental Body, or any Credit Party Borrower or the title and rights of any Credit Party or any Original Owner Borrower which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in material impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 1 contract
Seizures. Any portion of the Collateral having a with an aggregate value in excess of $50,000 500,000 shall be seized or taken by a Governmental Body, or any Credit Party Borrower or the title and rights of any Credit Party or any Original Owner Borrower which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in material impairment or loss of the security provided by this Agreement or the Other Documents;; 158
Appears in 1 contract
Seizures. Any portion of the Collateral having a value in excess of $50,000 100,000 in the aggregate shall be seized or taken by a Governmental Body, or any Credit Party Borrower or the title and rights of any Credit Party Borrower or any Original Owner which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 1 contract
Samples: Security Agreement (Intcomex, Inc.)
Seizures. Any (a) portion of the Collateral having a value in excess of $50,000 500,000 shall be seized seized, subject to garnishment or taken by a Governmental Body, or any Credit Party or (b) the title and rights of any Credit Loan Party or any Original Owner which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit suit, garnishment or other proceeding which might, in the reasonable opinion of Agent, upon final determination, would reasonably be expected to result in material impairment or loss of the security provided by this Agreement or the Other Documents;; 112 074658.18062/111245555v.10
Appears in 1 contract
Samples: Security Agreement (Perma-Pipe International Holdings, Inc.)
Seizures. Any portion of the Collateral having a value in excess of $50,000 500,000 shall be seized or taken by a Governmental Body, or any Credit Party or the title and rights of any Credit Party or any Original Owner which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result results in impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 1 contract
Samples: Security Agreement (SMTC Corp)
Seizures. Any portion of the Collateral having a value in excess of $50,000 500,000 shall be seized or taken by a Governmental Body, or any Credit Party Borrower or any Guarantor or the title and rights of any Credit Party Borrower or any Original Owner which is the owner of any material portion of Guarantor in the Collateral or in any vessel shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result in impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 1 contract
Samples: Credit and Security Agreement (Horizon Offshore Inc)
Seizures. Any (a) portion of the Collateral having a value in excess of $50,000 shall be seized seized, subject to garnishment or taken by a Governmental Body, or any Credit Party or (b) the title and rights of any Credit Party Loan Party, or any Original Owner Person which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit suit, garnishment or other proceeding which mightcould reasonably be expected to, in the reasonable opinion of Agent, upon final determination, result in impairment or loss of the security provided by this Agreement or the Other Documents;; 10.15.
Appears in 1 contract
Samples: Cca Industries Inc
Seizures. Any (a) portion of the Collateral having a value in excess of $50,000 500,000 shall be seized seized, subject to garnishment or taken by a Governmental Body, or any Credit Party or (b) the title and rights of any Credit Loan Party or any Original Owner which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit suit, garnishment or other proceeding which might, in the reasonable opinion of Agent, upon final determination, would reasonably be expected to result in material impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 1 contract
Samples: Credit and Security Agreement (Perma-Pipe International Holdings, Inc.)
Seizures. Any portion of the Collateral having a value in excess of $50,000 500,000 shall be seized or taken by a Governmental Body, or any Credit Party or the title and rights of any Credit Party or any Original Owner which is the owner of any material portion of the Collateral shall have 113 074658.01845/123458281v.1 become the subject matter of claim, litigation, suit or other proceeding which might, in the reasonable opinion of Agent, upon final determination, result results in impairment or loss of the security provided by this Agreement or the Other Documents;
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (SMTC Corp)