Accounts; General Intangibles. All Collateral that is accounts, chattel paper, Instruments, or General Intangibles is free from any claim for credit, deduction, or allowance of an Obligor and free from any defense, condition, dispute, setoff, or counterclaim, except any such claims as arise in the ordinary course of business and do not materially impair the value of the Collateral, taken as a whole.
Appears in 6 contracts
Samples: Security Agreement (Suburban Propane Partners Lp), Existing Credit Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp)
Accounts; General Intangibles. All Collateral that is accounts, chattel paper, Instruments, accounts or General Intangibles general intangibles is free from any claim for credit, deduction, or allowance of an a Collateral Obligor and free from any defense, condition, dispute, setoff, or counterclaim, except any such claims as arise in the ordinary course of business and do not materially impair the value of the Collateral, taken as a wholethere is no extension or indulgence with respect thereto.
Appears in 3 contracts
Samples: Security Agreement (Atlas Energy Resources, LLC), Security Agreement (Atlas America Series 27-2006 LP), Revolving Credit Agreement (Atlas Resources Public #16-2007 (B) L.P.)
