Common use of Collateral Disclosure Certificate Clause in Contracts

Collateral Disclosure Certificate. Within thirty (30) days following the commencement of each Fiscal Year, Borrowers shall, and shall cause each other Person who has executed and delivered a Collateral Disclosure Certificate to, execute and deliver a Collateral Disclosure Certificate with then-current information. The proper disclosure of any information in any Collateral Disclosure Certificate shall not, in and of itself, constitute any waiver of any Default or Event of Default which may otherwise exist.

Appears in 3 contracts

Samples: Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Autoinfo Inc)

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Collateral Disclosure Certificate. Within thirty (30) 30 days following the commencement of each Fiscal Year, Borrowers Borrower shall, and shall cause each other Person who has executed and delivered a Collateral Disclosure Certificate to, execute and deliver a Collateral Disclosure Certificate with then-current information. The proper disclosure of any information in any Collateral Disclosure Certificate shall not, in and of itself, constitute any waiver of any Default or Event of Default which may otherwise exist.

Appears in 1 contract

Samples: Loan and Security Agreement (Transcend Services Inc)

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