Collateral Control. Borrower shall not (i) terminate, waive or release any material right with respect to any Collateral, or (ii) remove any items of Collateral from Borrower’s facility located at the address specified in Section 9.07, the locations specified on Schedule 2, or such other address agreed to in writing by Lender.
Appears in 3 contracts
Samples: Loan and Security Agreement (Acelrx Pharmaceuticals Inc), Loan and Security Agreement (Phenomix CORP), Loan and Security Agreement (Reliant Technologies Inc)
Collateral Control. Borrower Borrowers shall not (i) terminate, waive or release any material right with respect to any Collateral, or (ii) remove any items of Collateral from Borrower’s facility Borrowers’ facilities located at the address specified in Section 9.0710.07 or on Schedule 1A, the locations specified on Schedule 2, or such other address agreed to in writing by LenderLender except as permitted by Section 5.13.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mascoma Corp), Loan and Security Agreement (Mascoma Corp)
Collateral Control. Borrower shall not (i) terminate, waive or release any material right with respect to any Collateral, or (ii) remove any items of Collateral from Borrower’s facility located at the address specified in Section 9.07, the locations specified on Schedule 2, or such other address agreed to in writing by LenderAgent, provided that Borrower may remove or relocate Equipment to another location, so long as such location at all times contains less than Five Thousand Dollars ($5,000) in Borrower’s assets or property.
Appears in 2 contracts
Samples: Loan and Security Agreement (Aquantia Corp), Loan and Security Agreement (Aquantia Corp)
Collateral Control. Borrower shall not (i) terminate, waive or release any material right with respect to any Collateral, or (ii) remove any items of Collateral from Borrower’s facility located at the address specified in Section 9.07, the locations specified on Schedule 2, or such other address agreed to in writing by LenderLender except as permitted by Section 5.13.
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Collateral Control. Borrower shall not (i) terminate, waive or release any material right with respect to any Collateral, or (ii) remove any tangible items of Collateral from Borrower’s facility located at the address specified in Section 9.07, the locations specified on Schedule 2, or such other address agreed to in writing by Lender.
Appears in 1 contract
