ALTERATIONS; ATTACHMENTS. No alterations or attachments shall be made to the Collateral without Lender's prior written consent, which shall not be given for changes that will affect the reliability and utility of the Collateral or which cannot be removed without damage to the Collateral, or which in any way affect the value of the Collateral for purposes of resale or lease. All attachments and improvements to the Collateral shall be deemed to be "Collateral" for purposes of the Security Agreement, and a first priority security interest therein shall immediately vest in Lessor.
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Samples: Senior Loan and Security Agreement (Matritech Inc/De/), Senior Loan and Security Agreement (Autoweb Com Inc), Security Agreement (Trust Licensing, Inc., F/K/a New Mountaintop CORP)
ALTERATIONS; ATTACHMENTS. No alterations or attachments shall be made to the Collateral without Lender's prior written consent, which shall not be given for changes that will affect the reliability and utility of the Collateral or which cannot be removed without damage to the Collateral, or which in any way affect the value of the Collateral for purposes of resale or lease. All attachments and improvements to the Collateral shall be deemed to be "Collateral" for purposes of the Security Agreement, and a first priority security interest therein shall immediately vest in LessorLender.
Appears in 3 contracts
Samples: Loan and Security Agreement (Cybergold Inc), Leasing Incorporated Agreement Senior Loan and Security Agreement (Play Co Toys & Entertainment Corp), Loan and Security Agreement (Egain Communications Corp)
ALTERATIONS; ATTACHMENTS. No alterations or attachments shall be made to the Collateral without Lender's prior written consent, which shall not be given for changes that will adversely affect the reliability and utility of the Collateral or which cannot be removed without damage to the Collateral, or which in any way affect decrease the value of the Collateral for purposes of resale or lease. All attachments and improvements to the Collateral shall be deemed to be "Collateral" for purposes of the Security Agreement, and a first priority security interest therein shall immediately vest in LessorLender.
Appears in 2 contracts
Samples: Senior Loan and Security Agreement (Xcyte Therapies Inc), Loan and Security Agreement (Resourcephoenix Com)
ALTERATIONS; ATTACHMENTS. No material alterations or attachments shall be made to the Collateral without Lender's prior written consent, which consent shall not be given for changes that will adversely affect the reliability and utility of the Collateral or which cannot be removed without damage to the Collateral, or which in any way affect decrease the value of the Collateral for purposes of resale or lease. All attachments and improvements to the Collateral shall be deemed to be "Collateral" for purposes of the Security Agreement, and a first priority security interest therein (subject to Permitted Liens) shall immediately vest in LessorLender.
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ALTERATIONS; ATTACHMENTS. No alterations or attachments attachment shall be made to the Collateral without Lender's prior written consent, which shall not be given for changes that will affect the reliability and utility of the Collateral or which cannot be removed without damage to the Collateral, or which in any way affect the value of the Collateral collateral for purposes of resale or lease. All attachments and improvements to the Collateral shall be deemed to be "Collateral" for purposes of the Security Agreement, and a first priority security interest therein shall immediately vest in Lessor.
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Samples: Senior Loan and Security Agreement (Embark Com Inc)
ALTERATIONS; ATTACHMENTS. No alterations or attachments shall be made to the Collateral without Lender's ’s prior written consent, which shall not be given for changes that will adversely affect the reliability and utility of the Collateral or which cannot be removed without damage to the Collateral, or which in any way affect decrease the value of the Collateral for purposes of resale or lease. All attachments and improvements to the Collateral shall be deemed to be "“Collateral" ” for purposes of the Security Agreement, and a first priority security interest therein shall immediately vest in LessorLender.
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Samples: Senior Loan and Security Agreement (Xcyte Therapies Inc)
ALTERATIONS; ATTACHMENTS. No alterations or attachments shall be made to the Collateral without Lender's prior written consent, consent which shall not be given for changes that will adversely affect the reliability and utility of the Collateral or which cannot be removed without damage to the Collateral, or which in any way affect decrease the value of the Collateral for purposes of resale or lease. All attachments and improvements to the Collateral shall be deemed to be "Collateral" for purposes of the Security Agreement, and a first priority security interest therein shall immediately vest in LessorLender.
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