Assigned Leases. All Collateral that is an Assigned Lease is in full force and effect; Debtor is in possession of the property covered by each such Assigned Lease; and no default or potential default exists under any such Assigned Lease.
Appears in 4 contracts
Samples: Security Agreement (Dobson Communications Corp), Credit Agreement (Dobson Communications Corp), Term Loan Agreement (Dobson Communications Corp)
Assigned Leases. All Collateral that is an Assigned Lease is in full force and effect; Debtor is in possession of the property covered by each such Assigned Lease; and no default or potential default exists under any such Assigned LeaseLease except those which could not be or result in a Material Adverse Event.
Appears in 2 contracts
Samples: Security Agreement (Digex Inc/De), Security Agreement (Intermedia Communications Inc)
Assigned Leases. All Collateral that is an Assigned Lease is in full force and effect; [such] Debtor is in possession of the property covered by each such Assigned Lease; and no default or potential default exists under any such Assigned Lease.
Appears in 1 contract
